News and comment
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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'.
Citywire Money, Tax and Property
- 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?
- Mortgages: don't write off a fixed rate
Sat, 28 Aug 2010 00:01:00 +0100
Most people are opting for a tracker mortgage, but it is not the right option for everyone. Lorna Bourke considers the options for borrowers.
- Homeowners must protect themselves against unemployment
Sat, 28 Aug 2010 00:01:00 +0100
How would you pay off your mortgage if you lost your job? Lorna Bourke looks at the help available.
BBC News
- US sees 54,000 jobs go in August
Fri, 03 Sep 2010 15:05:17 GMT
The US economy shed another 54,000 jobs in August, the third month in a row that jobs have been lost, official figures show.
- Plane body women face no charges
Fri, 03 Sep 2010 15:03:56 GMT
Two women who were arrested after trying to take a dead relative on to a plane at Liverpool John Lennon Airport will not face charges.
- Lib Dem veteran Cyril Smith dies
Fri, 03 Sep 2010 15:03:39 GMT
The former Liberal Democrat MP Sir Cyril Smith has died aged 82, the party confirms.
- Police questioning Pakistan trio
Fri, 03 Sep 2010 15:03:17 GMT
Police are questioning the three Pakistan players accused of corruption, while the ICC says that the players implicated have a disciplinary case to answer.
BBC Business News
- US sees 54,000 jobs go in August
Fri, 03 Sep 2010 15:05:17 GMT
The US economy shed another 54,000 jobs in August, the third month in a row that jobs have been lost, official figures show.
- BP says oil spill cost up to $8bn
Fri, 03 Sep 2010 14:28:42 GMT
BP says the cost of its Gulf of Mexico oil spill has risen to $8bn - a rise of more than $2bn in the last month alone.
- UN calls special food price talks
Fri, 03 Sep 2010 14:11:38 GMT
The United Nations' food agency calls a special meeting of policy makers to discuss the recent rapid rises in food prices.
- 3D cameras and web TVs on show
Fri, 03 Sep 2010 13:19:14 GMT
Rory Cellan-Jones tries out 3D video equipment and looks at the latest ultra thin and bright OLED TVs.
Citywire News
- Credit card rates set to rise as write-offs soar
Fri, 03 Sep 2010 15:51:00 +0100
If you are wondering why you pay such a high interest charge on your credit card look no further than the latest debt figures from the Bank of England.
- 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.
- Shares tread water ahead of US jobs data
Fri, 03 Sep 2010 11:05:29 +0100
UK shares made gains for the sixth day in a row, but investors remain nervous ahead of today's US jobs data after recent mixed signals on the pace of growth in the world's largest economy.
- Morning Line: financial crisis isn?t the problem ? it's expensive old people
Fri, 03 Sep 2010 10:54:19 +0100
We risk ignoring 'the fiscal challenge of the 21st century'.
FT.com - Financial Markets News
- Wall St cheered by jobs data
Fri, 03 Sep 2010 14:36:09 GMT
US stocks rose in early trading after a better than expected August jobs report eased fears about a slowdown in the pace of the economic recovery.
- Investors buoyed by better US jobs data
Fri, 03 Sep 2010 13:42:25 GMT
Traders are piling into risky bets after a better than expected US labour market report reinforced hopes that the US economy can avoid sliding back into recession.
- Easing nerves take Asian shares to month-highs
Fri, 03 Sep 2010 13:31:48 GMT
Hopes that the trend for stronger US data would continue into August?s closely-watched jobs report help Asian shares make progress, with a weaker yen helping Japanese exporters
- Bid hopes help FTSE stay positive
Fri, 03 Sep 2010 12:46:15 GMT
The outbreak of bid speculation on the London equities market helps London shares stay positive, while the September rally faces a stern test from US data
FT.com - Equities
- Bid hopes help FTSE stay positive
Fri, 3 Sep 2010 13:46:15 +0100
The outbreak of bid speculation on the London equities market helps London shares stay positive, while the September rally faces a stern test from US data
- Software groups help program gains for bourses
Fri, 3 Sep 2010 12:59:01 +0100
European equities edge higher after a well-received strategy statement in the software sector from SAP added to momentum after Capgemini's move to increase its presence in emerging markets
- Speculators push up United Utilities and water groups
Thu, 2 Sep 2010 22:08:42 +0100
Bid talk and improving corporate newsflow gives the FTSE 100 a shot at holding on to the strong gains generated by strong economic data over the previous session
- EADS rises as Paris reassures on A400M
Thu, 2 Sep 2010 20:11:37 +0100
European equities held levels attained during the previous session's strong advance on Thursday, with carmakers able to extend their recent strong run
Sky Business News
- US Economy Sheds Another 54,000 Jobs
Unemployment in the US is up for the third month in a row - with the loss of another 54,000 jobs.
- Pub Chain Serves Up Jobs For 16-Year-Olds
Discount pub chain JD Wetherspoon has announced plans to create 1,000 jobs for school leavers aged 16 and 17.
- Food Price Fear Over Russia Wheat Ban
Russia has extended the ban on wheat exports until next year's harvest, sparking fears over a global food shortage.
- Binning The Booze: Brits Are Drinking Less
People in the UK are drinking less for the first time in 60 years, according to new figures.