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
- James Montier: The 'Austerians' will destroy the recovery and usher in deflation
Fri, 30 Jul 2010 13:33:04 +0100
The 'Austerians' could destroy an economic recovery and increase the likelihood of deflation, warns influential investor James Montier.
- Saints hikes divi and expects shareholder payouts to rise
Fri, 30 Jul 2010 13:10:40 +0100
Manager of the Baillie Gifford trust Patrick Edwardson says as the global economic recovery picks up, so too will company profits and their payouts to shareholders.
- Exeter IFA firm strikes outsourcing deal with Brooks Macdonald
Fri, 30 Jul 2010 12:54:27 +0100
RK Shipman has entered into an agreement with Brooks Macdonald for the London based asset manager to run its clients' money.
- Push start from Fidelity helped Ocado get its flotation away
Fri, 30 Jul 2010 11:56:34 +0100
Ocado had to rely on existing shareholders - and fund management group Fidelity in particular - to get its recent stock market flotation away.
BBC Business News
- Addresses set to lose county name
Sat, 31 Jul 2010 02:58:54 +0000
Counties appear set to be dropped from postal addresses in future years after complaints about out-of-date names.
- Interns are 'entitled to be paid'
Fri, 30 Jul 2010 23:00:34 +0000
Many young people working free as interns may legally be entitled to pay, a report says.
- Tax credit overpayments 'to soar'
Fri, 30 Jul 2010 23:00:09 +0000
Many more people will face having to pay back some of the money paid to them as tax credits because of Budget changes, experts say.
- Sale of EDF's UK networks agreed
Fri, 30 Jul 2010 22:21:50 +0000
A consortium headed by Hong Kong billionaire Li Ka-Shing has agreed a deal to buy the UK networks of French power group EDF for £5.8bn ($9.1bn).
Citywire News
- Saturday Papers: tips and comment
Sat, 31 Jul 2010 03:45:00 +0100
Better hope the latest US GDP numbers are very wrong on the downside
- Saturday Papers: US growth falls back to 2.4% - other news
Sat, 31 Jul 2010 03:42:00 +0100
Consumption growth fell to 1.6% from 1.9%
- Saturday Papers: Buy-out groups eye $1bn stake in Nokia Siemens Network - bid news and gossip
Sat, 31 Jul 2010 03:37:00 +0100
PPR receives ?significant signs of interest? in its retail arms
- Sterling climbs on US woes but are we really faring better?
Sat, 31 Jul 2010 00:01:00 +0100
The pound has leapt to a five-month high against the dollar as investors compare the UK favourably with the US. Are these hopes valid?
BBC News
- Deaths rise in South Asia monsoon
Sat, 31 Jul 2010 05:15:06 +0000
Floods caused by heavy monsoon rain kill more than 400 people in Pakistan and Afghanistan, washing away whole villages, roads and bridges.
- Tables turned on top QC
Sat, 31 Jul 2010 04:44:45 +0000
Jonathan Sumption, one of Britain's top barristers, talks to Matt Stadlen about whether judges have too much power, why history matters, the secret to a good cross-examination and why he applauds inequality.
- Change call after Australia fires
Sat, 31 Jul 2010 04:26:43 +0000
A report into Australia's worst bushfires recommends sweeping changes to the way the government responds to natural disasters.
- 'Progress' in new Afghan mission
Sat, 31 Jul 2010 04:10:34 +0000
British forces say they have seized two compounds in a Taliban stronghold at the start of a fresh bid to push insurgents out of Helmand province.
