News and comment
Welcome to your on-line financial newsletter. This service is regularly updated to bring you news of important developments in financial matters.
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Citywire Investment News
- Lloyds to cut 900 jobs
Tue, 07 Feb 2012 13:56:29 Z
Part-nationalised Lloyds Banking Group is to cut 900 jobs - part of wider plans unveiled last year to cull 15,000 posts across the company.
- Why it's too soon to call the end of treasuries' bull run
Tue, 07 Feb 2012 13:55:24 Z
Risk assets have got off to a good start this year but strategists are sceptical about calling time on treasuries' bull run with so much uncertainty remaining in the global economy.
- Skandia drops Aviva Investors from Best Ideas after job cuts
Tue, 07 Feb 2012 13:53:29 Z
Skandia Investment Group has removed Aviva Investors? manager Julius Lipner from running money for its Skandia UK Strategic Best Ideas fund, following the strategic review of the firm.
- The Polar Cap tech team's take on Facebook hype
Tue, 07 Feb 2012 13:48:50 Z
Polar Capital?s Nick Evans and Ben Rogoff believe a successful Facebook floatation will act as a positive catalyst for other social media related stocks, particularly LinkedIn and Chinese company Sina.
BBC Business News
- Euro 'could survive Greece exit'
Tue, 07 Feb 2012 13:53:06 GMT
EU Commissioner Neelie Kroes piles pressure on Greece to agree tough reforms, saying a euro exit would be "no man overboard".
- UK bookings boost for Tui Travel
Tue, 07 Feb 2012 13:50:01 GMT
Europe's biggest travel group Tui Travel says its UK bookings have performed better than the overall market in recent months.
- Glencore-Xstrata in $90bn merger
Tue, 07 Feb 2012 13:01:44 GMT
Anglo-Swiss mining group Xstrata announces a $90bn merger with Glencore, the world's largest commodity trader.
- Empty shop numbers 'set to rise'
Tue, 07 Feb 2012 12:19:22 GMT
The number of empty shops on the UK's high streets is set to increase this year, a survey says, as economic conditions get tougher.
BBC News
- Orkney murder case appeal begins
Tue, 07 Feb 2012 14:10:03 GMT
A man jailed for the murder of a waiter on Orkney begins an appeal against his conviction.
- Freeze prompts Europe emergencies
Tue, 07 Feb 2012 14:06:59 GMT
As freezing weather grips much of Europe, Italy takes steps to conserve gas while emergency situations have been declared in other countries.
- Abu Qatada 'may yet be deported'
Tue, 07 Feb 2012 14:06:31 GMT
The government is still working with Jordan to try to reach assurances that will allow radical cleric Abu Qatada to be deported, the attorney general says.
- VIDEO: Police failed over hack warnings
Tue, 07 Feb 2012 14:00:09 GMT
The judicial review into phone hacking has ruled that the Metropolitan Police should have warned people they were the victims of phone hacking by the News of the World.
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.