News and comment
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Citywire Investment News
- Ex-Cazenove partner convicted of insider dealing
Wed, 10 Mar 2010 17:07:35 GMT
Malcolm Calvert has been found guilty on five counts of insider dealing and fined £56k
- FSA: four risks for advisers in run-up to RDR
Wed, 10 Mar 2010 15:40:44 GMT
The Financial Services Authority has highlighted four areas, including quality of advice and governance, it says advisers should focus on during the upheaval of the next two years.
- High Court orders wind-up of Cru Investment Management
Wed, 10 Mar 2010 15:38:50 GMT
The High Court has ordered the winding-up of Cru Investment Management, which marketed the six Arch Cru funds.
- Bramdean Alternatives proposes pure private equity remit
Wed, 10 Mar 2010 14:42:29 GMT
The board of Bramdean Alternatives is proposing to change the trust's name to Aberdeen Private Equity and to give it a pure private equity fund investment remit
Citywire Money, Tax and Property
- Grant Thornton?s top 10 Budget predictions
Thu, 11 Mar 2010 00:01:00 GMT
With Gordon Brown announcing that the Budget will be held on March 24, the tax experts are dusting off their crystal balls.
- Online banking fraud up by 14% amid wave of 'phishing' attacks
Wed, 10 Mar 2010 14:01:33 GMT
Online banking fraud rose by 14% to £60m in 2009, while card fraud dropped for the first time in three years.
- The economy is not yet out of danger, Gordon Brown warns
Wed, 10 Mar 2010 11:49:21 GMT
You can trust me, prime minister says, as he unveils a pay freeze for doctors, dentists, and hospital consultants.
- Consumer groups attack delay to reform of PPI market
Wed, 10 Mar 2010 10:36:31 GMT
Consumer bodies urge Financial Services Authority to push ahead with reform of PPI after it announces a further six week consultation period.
BBC News
- Fire College 'failed fire safety'
Thu, 11 Mar 2010 01:09:24 GMT
The UK Fire Service College failed to comply with fire safety laws when part of its own premises burnt down, the BBC learns.
- Hospital rap over medicine errors
Thu, 11 Mar 2010 01:01:53 GMT
Too many patients are not getting their medicines in hospital, a safety watchdog says.
- Councils told not to have 'goldfish bowl facilitated conversations'
Thu, 11 Mar 2010 00:48:11 GMT
Wellderly, webinar and disbenefits are among new forms of jargon being used by the public sector, a survey reveals.
- GMP chief criticises report card
Thu, 11 Mar 2010 00:38:33 GMT
The Chief Constable of Greater Manchester Police (GMP) criticises a report grading the force poorly.
BBC Business News
- Winter insurance claims hit 650m
Thu, 11 Mar 2010 00:07:35 GMT
Insurers paid out 650m from 335,000 claims made as a result of damage caused by the wintry weather in the UK.
- The Latin web
Thu, 11 Mar 2010 00:01:48 GMT
Brazil exploits potential as web use spreads
- High flyer
Wed, 10 Mar 2010 23:56:52 GMT
The extra ordinary life of the man from the Pru
- Bright ideas
Wed, 10 Mar 2010 23:50:59 GMT
Why intellectual property is not a luxury
Citywire News
- Grant Thornton?s top 10 Budget predictions
Thu, 11 Mar 2010 00:01:00 GMT
With Gordon Brown announcing that the Budget will be held on March 24, the tax experts are dusting off their crystal balls.
- Five reasons why insurers are better investments than banks
Wed, 10 Mar 2010 14:38:05 GMT
Stronger than hoped for results from Standard Life have shown again why insurers are better investments than banks.
- Online banking fraud up by 14% amid wave of 'phishing' attacks
Wed, 10 Mar 2010 14:01:33 GMT
Online banking fraud rose by 14% to £60m in 2009, while card fraud dropped for the first time in three years.
- Ten years after the tech bubble burst, the sector now looks cheap
Wed, 10 Mar 2010 12:07:57 GMT
Tech is still only trading on a multiple of 1.1x the market - despite an anticipated MA boom as the new cycle of technology kicks in.
FT.com - Financial Markets News
- Probe into $50bn equities crash of 2008
Wed, 10 Mar 2010 22:41:08 GMT
Nigeria?s new securities regulator has launched a sweeping investigation into alleged abuses that contributed to a $50bn equities crash in what had been regarded as a prime frontier market
- Stocks edge higher on hopes for global economy
Wed, 10 Mar 2010 22:26:06 GMT
Global Markets Overview: FTSE All-World index remains becalmed near six-week highs, with stock investors reluctant to push riskier assets higher without a fresh catalyst
- Weak output puts pressure on sterling
Wed, 10 Mar 2010 22:23:48 GMT
Sterling comes under renewed pressure after disappointing production data adds to lingering concerns over the UK?s economic recovery
- Indian harvest hopes sink sugar prices
Wed, 10 Mar 2010 22:19:09 GMT
Sugar prices tumbled on Wednesday but crude oil prices breached the $83-a-barrel mark following the latest US weekly inventories data
FT.com - Equities
- Harbinger bid hopes fade
Wed, 10 Mar 2010 19:45:24 +0000
A revival of takeover speculation helped the FTSE 100 hit an 18-month high, but Inmarsat was left behind
- LED demand brightens trade in Aixtron
Wed, 10 Mar 2010 19:37:15 +0000
Leading maker of equipment used to produce LED lighting gains after strong 2010 guidance on the back of improving demand in the sector
- Fall in cargo rates squeezes shipping lines
Wed, 10 Mar 2010 19:04:06 +0000
TShipping lines and oil producers lead stocks lower on Wednesday and better Chinese trade data than expected revive concerns over monetary tightening
- Wall Street rises on bank deal speculation
Wed, 10 Mar 2010 18:12:14 +0000
US stocks posted decent gains as they marked the 10-year anniversary of the Nasdaq's peak. However, following a series of rises over previous sessions, markets lacked a positive driver to send them higher
Sky Business News
- Strikes Ahead? BA Union Talks Break Down
Talks aimed at averting strike action by BA staff have collapsed, raising the possibility of crippling walkouts by thousands of employees.
- First 3D TV Sets To Go On Sale 'By April'
Electronics giant Samsung is promising the first 3D TV sets will go on sale in Britain by the end of the month.
- Becks Shows Colours On Old Trafford Return
David Beckham received a rapturous welcome on his long-awaited return to Old Trafford - and got an even bigger cheer when he left the pitch with a green and gold anti-Glazer scarf draped around his neck.
- Redundancies And Wage Cuts At Portsmouth FC
The administrators of Portsmouth FC have made 85 staff redundant, while some of the club's star players have offered to take wage cuts.