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
- Should the Tories ditch George Osborne for Ken Clarke?
Thu, 11 Mar 2010 11:17:14 GMT
Would Conservative fortunes be improved by making Ken Clarke shadow chancellor?
- Adam Co's expansion plan targets financial planners
Thu, 11 Mar 2010 10:51:30 GMT
Private bank Adam Co is undertaking a strategic recruitment drive to beef up its financial planning capabilities.
- Matrix teams up with Lazard for convertible arbitrage strategy
Thu, 11 Mar 2010 10:23:41 GMT
Subject to regulatory approval Matrix is looking offer Lazard's convertible arbitrage hedge fund strategy under a Ucits III structure.
- Market Update: Brighter retailers outweigh cautious miners
Thu, 11 Mar 2010 10:05:29 GMT
Retailers draw comfort from better-than-expected sales figures from Home Retail, William Morrison and John Lewis, but miners weaker amid fears of runaway Chinese inflation.
Citywire Money, Tax and Property
- Could the Chancellor unveil a Budget sweetener for ISA savers?
Thu, 11 Mar 2010 11:01:00 GMT
Allowing ISA savers to invest their whole allowance into cash investments might be a cheap and easy way of wooing middle class voters.
- Why this bull market could last two more years
Thu, 11 Mar 2010 09:28:45 GMT
As the recovery moves into its second year, there are reasons to be optimistic with every post-war bull market having run into a third year and lasting 50 months on average.
- Bill Gates is no longer the richest man on earth
Thu, 11 Mar 2010 09:04:09 GMT
Mexican Carlos Slim has beaten American Bill Gates to the number one spot on the annual Forbes rich list.
- FSA tells banks to prepare for double-dip recession
Thu, 11 Mar 2010 09:03:57 GMT
FSA stress tests mean banks must prepare for possibility of double-dip recession, including rise in unemployment to 13.3%.
Citywire News
- Why BP is a must-own for income seekers
Thu, 11 Mar 2010 11:10:00 GMT
BP has bought more assets in the Gulf of Mexico and its first licenses in Brazil, adding to its already robust production growth prospects.
- Could the Chancellor unveil a Budget sweetener for ISA savers?
Thu, 11 Mar 2010 11:01:00 GMT
Allowing ISA savers to invest their whole allowance into cash investments might be a cheap and easy way of wooing middle class voters.
- Market Update: Brighter retailers outweigh cautious miners
Thu, 11 Mar 2010 10:05:29 GMT
Retailers draw comfort from better-than-expected sales figures from Home Retail, William Morrison and John Lewis, but miners weaker amid fears of runaway Chinese inflation.
- Broker Roundup Update: Collins Stewart recommends Close Bros
Thu, 11 Mar 2010 09:33:36 GMT
HSBC overweight in BP and WPP.
BBC Business News
- Mexican shakes up world rich list
Thu, 11 Mar 2010 12:39:49 GMT
Mexican Carlos Slim Huan overtakes Bill Gates as the world's richest man, according to the Forbes 'rich list'.
- Union considering BA strike dates
Thu, 11 Mar 2010 12:34:15 GMT
Union leaders representing British Airways cabin crew are meeting to decide whether to announce dates for a strike.
- HMRC ready to back Pompey set-up
Thu, 11 Mar 2010 12:33:07 GMT
The validity of Portsmouth's administration will not be challenged by HM Revenue Customs, the BBC learns.
- Record judgement: Pink Floyd win EMI court battle
Thu, 11 Mar 2010 12:32:12 GMT
EMI are no longer allowed to sell individual Pink Floyd tracks online, the High Court rules.
BBC News
- Crackdown on school place cheats
Thu, 11 Mar 2010 12:40:56 GMT
A report into parents who cheat to get their child into a school calls for whistleblowing hotlines to be set up.
- Bill Gates is no longer the world's richest man, say Forbes
Thu, 11 Mar 2010 12:39:49 GMT
Mexican Carlos Slim overtakes Bill Gates as the world's richest man, according to the Forbes "rich list", with a fortune of $53.5bn.
- Tyrone Crystal factory is closing
Thu, 11 Mar 2010 12:34:48 GMT
The Tyrone Crystal factory near Dungannon is to close with the loss of 31 jobs, after 40 years in existence.
- Pink Floyd win EMI court battle
Thu, 11 Mar 2010 12:32:12 GMT
EMI are no longer allowed to sell individual Pink Floyd tracks online, the High Court rules.
