News and comment
The news stories on this page have been written and produced by a third party and neither nor its representatives can be held responsible for the accuracy of the content/information contained within these stories.
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
- Anglo American brings back dividend
Fri, 30 Jul 2010 09:09:21 +0100
Income-seekers will be relieved to see that one of the world's largest mining companies Anglo-American is reinstating its dividend.
- Buckles unveils pilot to smooth way for simplified advice
Fri, 30 Jul 2010 08:21:00 +0100
Rhyl based adviser firm announces plans for basic advice pilot with view towards a simplified advice proposition
- Why are Brewin and Collins Stewart piling up so much cash?
Fri, 30 Jul 2010 08:11:49 +0100
The longer these wealth management firms keep their powder dry, the more one suspects there may be other reasons for hoarding cash.
- Bonus rules will hit wealth managers' competitiveness with IFAs
Fri, 30 Jul 2010 08:04:32 +0100
Apcims says the proposed rules that bring banking and wealth management codes into line could raise competition issues for discretionaries and IFAs
Citywire Money, Tax and Property
- House prices: Nationwide reports first drop since February
Thu, 29 Jul 2010 08:24:53 +0100
Nationwide has reported a 0.5% drop in the price of an average UK property, adding to evidence that prices are heading lower.
- House prices rise slightly in June
Wed, 28 Jul 2010 13:07:44 +0100
Land Registry reports 0.1% rise in June following May?s slight fall. Figures come in contrast to other indices which are showing falling prices.
- Morning Line: interest rate rise or not, savers are unlikely to benefit
Mon, 26 Jul 2010 11:51:04 +0100
Seldom have economists been so divided over when interest rates will rise. But whatever happens, it is unlikely that savers will benefit.
- 'Home staging' is all the rage - but there are better ways to sell up
Sun, 25 Jul 2010 00:01:00 +0100
A booming industry in the US aims to help people sell their homes, but here, as a second property price bust looms, it's hard cash that will ultimately speak loudest.
FT.com - Financial Markets News
- Investors drop risk ahead of US GDP data
Fri, 30 Jul 2010 07:45:10 GMT
Global Markets Overview: The FTSE All-World index is down 0.1% as Asian markets tumble, while futures markets are pricing in lower opening prices for New York?s SP 500 index
- Faltering technology stocks take Asian indices lower
Fri, 30 Jul 2010 05:18:05 GMT
Glum outlooks from US technology companies and downbeat comments from a Fed official amid concerns on second-quarter economic growth prompt investors to book profits
- Signs of slowdown in Japanese recovery
Fri, 30 Jul 2010 04:25:03 GMT
Fresh data reveal an unexpected rise in the unemployment rate and a drop in industrial production amid the country?s ongoing battle with deflation
- Dollar lower as carry trade returns
Thu, 29 Jul 2010 21:16:26 GMT
The Federal Reserve?s cautious outlook for the world?s biggest economy sends the dollar to a three-month low on a trade-weighted basis, as further fragile data adds to concern
BBC Business News
- Sale of EDF's UK networks agreed
Fri, 30 Jul 2010 08:08:06 +0000
A consortium headed by Hong Kong billionaire Li Ka-Shing agrees to buy the UK networks of French power group EDF for £5.8bn ($9.1bn).
- Strikes and ash extend BA losses
Fri, 30 Jul 2010 07:09:30 +0000
BA reveals a steep quarterly loss of £164m after being hit by cabin crew strikes and disruption caused by the volcanic ash cloud.
- Chip sales boost Samsung profits
Fri, 30 Jul 2010 06:25:52 +0000
Samsung Electronics reports record quarterly profits thanks to higher sales of smartphones and components such as memory chips.
- Novel take on French home shortage
Fri, 30 Jul 2010 06:10:15 +0000
Young French people having difficulty finding affordable housing are being given the chance to help older members of society and put a roof over their own heads.
BBC News
- Public to veto council tax rises
Fri, 30 Jul 2010 08:14:03 +0000
The public will be able to veto their council tax bills in England if charges are above an agreed limit, ministers will announce.
- Call for NHS accommodation probe
Fri, 30 Jul 2010 08:11:58 +0000
An MSP calls for an investigation by NHS Grampian into senior managers staying in hospital staff accommodation.
- Sale of EDF's UK networks agreed
Fri, 30 Jul 2010 08:08:06 +0000
A consortium headed by Hong Kong billionaire Li Ka-Shing agrees to buy the UK networks of French power group EDF for £5.8bn ($9.1bn).
- Victim's remains taken to Dublin
Fri, 30 Jul 2010 07:55:53 +0000
Human remains found during a search for one of the disappeared in County Monaghan are taken to Dublin for post mortem examination.
FT.com - Your Pension
- QA: Default retirement age
Thu, 29 Jul 2010 15:38:09 +0100
How will the changes affect you?
- Treasury consults on tax relief changes
Tue, 27 Jul 2010 17:37:15 +0100
Proposals include changes to pension contributions and furnished holiday lets
- Standard Life maintains its with-profits bonus rates
Tue, 27 Jul 2010 14:44:36 +0100
The majority of its long-term savings customers have seen an increase in the value of their policies during the past year
- Wealth questions - Can I reclaim tax from redundancy?
Fri, 23 Jul 2010 19:34:20 +0100
The first £30,000 of my redundancy cash was tax-free but I paid 40 per cent tax on the remainder. I have now learnt that I could have put the balance into my pension to reduce any tax liability
FT.com - Your Tax
- Wealth questions - Can I reclaim tax from redundancy?
Fri, 23 Jul 2010 19:34:20 +0100
The first £30,000 of my redundancy cash was tax-free but I paid 40 per cent tax on the remainder. I have now learnt that I could have put the balance into my pension to reduce any tax liability
- Premium bond winners 'don't want to tell families'
Fri, 23 Jul 2010 19:26:23 +0100
Jackpot winners keep low profile and won't be photographed for publicity
- Tax haven set to close accounts
Fri, 23 Jul 2010 17:12:53 +0100
Thousands of wealthy UK taxpayers with accounts in Liechtenstein face having their bank accounts closed
- Wealth questions - How to beat CGT in a will trust
Fri, 16 Jul 2010 19:47:03 +0100
Could our will establish a large number of individual will trusts so that each one qualifies for the annual CGT exemption?
