News and comment
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Welcome to your on-line financial newsletter. This service is regularly updated to bring you news of important developments in financial matters.
Citywire Investment News
- Investment Line: Has the recession permanently damaged UK GDP?
Fri, 03 Sep 2010 14:00:34 +0100
Measuring whether the UK's ouput gap is closing or lost forever after the downturn is playing a key role in determining monetary policy.
- Global markets soar as US jobs data brings more cheer
Fri, 03 Sep 2010 13:58:10 +0100
Today's US jobs data came in much better than expected dampening fears the world's largest economy is heading back towards recession.
- Wealth managers recover second quarter losses
Fri, 03 Sep 2010 13:20:46 +0100
Research from Asset Risk Consultants (Arc) shows wealth managers managed to recover some of the losses from dreadful in May and June.
- The financial crisis isn?t the problem ? it's expensive old people
Fri, 03 Sep 2010 12:18:23 +0100
We risk ignoring 'the fiscal challenge of the 21st century'.
- Capita employee in fatal fall at AXA office
Fri, 03 Sep 2010 11:43:06 +0100
A Capita employee has died after falling three floors inside one of AXA?s offices in Bristol.
Citywire Money, Tax and Property
- Landlords brace themselves for benefit caps
Mon, 06 Sep 2010 00:01:00 +0100
There are concerns that cutbacks in Local Housing Allowance will push increasing numbers of tenants into arrears. But demand for rental properties remains high, so what is the outlook for landlords?
- The end of the 'cheap mortgage'
Sun, 05 Sep 2010 00:01:00 +0100
Linton Chiswick questions whether the regulator is about to call time on the last remaining ?cheap mortgage?.
- Mortgages: cut out the middle man for the best rates
Sat, 04 Sep 2010 00:01:00 +0100
Increasingly, high street banks are not only by-passing brokers ? the only place a potential homebuyer can get truly impartial advice on a home loan ? but they are restricting their best offers to existing customers.
- FSA fines and censures mortgage brokers over fraud
Tue, 31 Aug 2010 13:37:07 +0100
The Financial Services Authority has banned one mortgage broker and fined another for failing to prevent false mortgage applications being made to lenders.
- Morning Line: Why should first time buyers suffer?
Tue, 31 Aug 2010 11:20:38 +0100
If the Bank of England is serious about capping mortgage loan-to-value ratios as a means of preventing another credit crisis then it risks excluding more young people from home ownership. Is this what the coalition really wants?
Citywire News
- Landlords brace themselves for benefit caps
Mon, 06 Sep 2010 00:01:00 +0100
There are concerns that cutbacks in Local Housing Allowance will push increasing numbers of tenants into arrears. But demand for rental properties remains high, so what is the outlook for landlords?
- 10 collectables that can make you a lot of money
Sun, 05 Sep 2010 07:01:00 +0100
When was the last time you went through your attic? It might be worth having a dig around up there because for all you know that box of old 'junk' you buried away years ago could be worth a fortune today...
- The two pensions and why we shouldn't lump them together
Sun, 05 Sep 2010 00:01:00 +0100
We need another word for ?pension?, writes Steve Bee.
- The end of the 'cheap mortgage'
Sun, 05 Sep 2010 00:01:00 +0100
Linton Chiswick questions whether the regulator is about to call time on the last remaining ?cheap mortgage?.
- Sunday Papers: tips and comment
Sun, 05 Sep 2010 00:01:00 +0100
Western countries need trade liberalisation more than the East.
BBC Business News
- Need to cut deficit 'supported'
Sun, 05 Sep 2010 22:23:37 GMT
Many people are in favour of taking steps to reduce the government deficit but they are less clear on where spending should be cut, a poll commissioned by the BBC suggests.
- Merger mania
Sun, 05 Sep 2010 16:48:59 GMT
Banks benefit, but what about the real economy?
- Need to cut deficit 'supported'
Sun, 05 Sep 2010 16:01:49 GMT
Many people are in favour of reducing the deficit but they are less clear about where cuts should be made, a BBC poll suggests.
- Security stepped up at Kabul Bank
Sun, 05 Sep 2010 11:14:41 GMT
Armed police are posted outside the main branch of Kabul Bank as customers continue to withdraw money amid fears it may collapse.
- Rovers takeover man left UK debts
Sun, 05 Sep 2010 05:02:53 GMT
The Indian businessman hoping to buy Blackburn Rovers, Ahsan Ali Syed, left a trail of debt from his time in the UK, 5 live Investigates reveals.
BBC News
- Met 'may reopen phone hack probe'
Sun, 05 Sep 2010 23:57:57 GMT
The Metropolitan Police says it may reopen the investigation into allegations of phone hacking by the News of the World if new evidence is uncovered.
- Germany extends nuclear lifespan
Sun, 05 Sep 2010 23:51:02 GMT
Germany's government agrees to extend the life span of the country's nuclear power plants by an average of 12 years, officials say.
- ELO cellist killed by bale of hay
Sun, 05 Sep 2010 23:51:02 GMT
Early ELO member Mike Edwards is killed in a freak road accident involving a bale of hay in Devon.
- Student poverty at 'crisis level'
Sun, 05 Sep 2010 23:44:17 GMT
Student hardship in Scotland reaches "crisis levels", a survey by the National Union of Students (NUS) finds.
- Scots face further economic toil
Sun, 05 Sep 2010 23:42:06 GMT
The boss of PricewaterhouseCoopers in Scotland warns the next 18 months may be much tougher for the economy than the past 18.