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
- Barings' absolute return pioneer Harte exits
Wed, 08 Feb 2012 16:16:47 Z
Colin Harte, who launched one of the UK's first absolute return funds, has left Baring Asset Management after the firm decided to merge away his fund.
- Witan raises dividend for 37th consecutive year
Wed, 08 Feb 2012 13:53:16 Z
The £1.2 billion investment trust will pay 6.55p interim dividend on 30 March, marking the 37th consecutive year of raised payouts.
- Rothschild unveils Europe best ideas fund for AA-rated Huet
Wed, 08 Feb 2012 12:50:29 Z
Olivier Huet will aim to outperform the economic cycle by picking the best stocks from Edmond de Rothschild's four existing European strategies.
- Rowan Dartington hires new business development director
Wed, 08 Feb 2012 12:47:00 Z
Trevor Cheal will be repsonsible for sales and marketing activities across the group, including its Signature investment arm.
Citywire Money, Tax and Property
- House prices rose 0.6% in January, says Halifax
Mon, 06 Feb 2012 09:54:16 Z
The average UK house price is now £161,000.
- The 20 postcodes most 'at risk' of burglary
Fri, 03 Feb 2012 09:35:34 Z
The areas in the UK that see the most home insurance claims for theft or burglary, and the postcodes that are least at risk.
- House prices flat as market 'dogged by uncertainty'
Mon, 30 Jan 2012 00:01:00 Z
January marked the eighteenth month that house prices did not rise, according to Hometrack.
- Buying a house is now cheaper than renting one
Sat, 28 Jan 2012 00:01:00 Z
Buying a house is over £100 a month cheaper than renting, according to Halifax. Wales is the exception.
FT.com - Financial Markets News
- Euro strengthens despite delay on Greek deal
Wed, 08 Feb 2012 20:17:51 GMT
The euro climbs against the dollar in spite of a further delay to a Greek debt deal, although investors still expect a positive outcome
- US stocks react to 2012 forecasts
Wed, 08 Feb 2012 20:16:26 GMT
US stocks open higher, but discussions in Athens to secure a further tranche of bail-out money continue to weigh on sentiment
- European cold snap fuels Brent highs
Wed, 08 Feb 2012 19:47:31 GMT
Worries about supplies from Iran and Africa and freezing weather helps crude consolidate its recent gains to six-month highs
- ECB action lowers euribor rates
Wed, 08 Feb 2012 18:39:43 GMT
The cost of eurozone interbank lending has fallen to its lowest level in 12 months thanks to the ECB?s liquidity injection
BBC Business News
- Nokia to carry out 4,000 job cuts
Wed, 08 Feb 2012 19:04:12 GMT
Finnish mobile phone maker Nokia announced the details of 4,000 job losses on Wednesday at plants in Hungary, Mexico and Finland.
- Redknapp cleared of tax evasion
Wed, 08 Feb 2012 18:03:29 GMT
Harry Redknapp says his "nightmare" is over after being cleared of tax evasion along with Milan Mandaric.
- A380 wing crack checks extended
Wed, 08 Feb 2012 17:57:31 GMT
Checks are ordered on all Airbus A380 superjumbos after cracks were found in wing components, extending an earlier safety ruling covering 20 planes.
- Cambodia faces rising wage demand
Wed, 08 Feb 2012 17:46:32 GMT
Are Cambodian workers falling out of love with garment-making?
BBC News
- Livingstone in 'gay Tories' row
Wed, 08 Feb 2012 21:05:25 GMT
Conservative MPs call for Labour's candidate for London mayor, Ken Livingstone, to apologise for saying their party is "riddled" with homosexuals.
- Women bishop concessions rejected
Wed, 08 Feb 2012 21:05:22 GMT
Anglicans opposed to the ordination of women bishops are refused concessions they said would secure their place in the Church of England.
- Reaction to Capello's resignation
Wed, 08 Feb 2012 20:53:38 GMT
Reaction to the resignation of England manager Fabio Capello.
- Rumours over top China policeman
Wed, 08 Feb 2012 20:49:51 GMT
A top Chinese policeman in charge of a major crackdown on organised crime goes on leave, amid rumours of an investigation and a bid for asylum.
