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
- Saturday Papers: JC Flowers looking closely at bombed-out banks -- bid news and gossip
Sat, 05 Jul 2008 10:30:00 GMT
EU opens inquiry into BHP's proposed acquisition of Rio Tinto.
- Saturday Papers: tips and comment
Sat, 05 Jul 2008 10:25:00 GMT
Comment on BB, MS, BG, Pendragon, Spectris and Melrose Resources.
- Barclays Wealth backs UK financials to outperform over medium term
Sat, 05 Jul 2008 00:01:00 GMT
Barclays Wealth has backed UK financials to outperform over the medium term, alongside materials and telecoms, despite a downgrading of the house view on growth.
- Friday Closing Market: BB's restructured rights issue casts pall over FTSE
Fri, 04 Jul 2008 17:24:14 GMT
The FTSE closed down sharply on Friday, down 1.16% or 63.80 points despite a modest rally among some retailers and selective miners.
Mortgage News
- OFT highlights consumer importance
Fri, 4 Jul 2008 13:08:27 GMT
The chairman of the Office of Fair Trading has highlighted the need for the financial services industry to work together to ensure that consumers can drive market development.
- Brokers warned over distribution panels
Fri, 4 Jul 2008 09:37:19 GMT
Mortgage Next is warning brokers not to take distributor’s lender panels for granted as more lenders cut back on distribution partners.
- TMA launches semi-exclusive with AfI
Fri, 4 Jul 2008 09:37:06 GMT
The Mortgage Alliance has launched a three-year semi-exclusive fixed rate product funded by Abbey for Intermediaries.
- CII launches TCF podcasts
Fri, 4 Jul 2008 09:06:02 GMT
The Chartered Insurance Institute has launched a series of podcasts to help insurers, brokers, and financial advisers get to grips with the Treating Customers Fairly regime.
BBC Business News
- Call for inheritance law change
Sat, 05 Jul 2008 14:06:36 GMT
More money should be allowed to parents with dependent children if their spouse dies without a will, say legal experts.
- Thousands 'face negative equity'
Sat, 05 Jul 2008 12:43:44 GMT
Close to 150,000 homeowners who took out mortgages since early 2007 may face negative equity, research suggests.
- Protests ahead of Japan G8 summit
Sat, 05 Jul 2008 06:07:59 GMT
Protests begin on the northern Japanese island of Hokkaido ahead of Monday's summit of the G8 nations.
- Shops 'misleading customers'
Sat, 05 Jul 2008 04:17:06 GMT
High street shop staff are fobbing off customers and giving misleading advice about rights, Which? says.
BBC News
- Hero foils postman kidnap bid
Sat, 05 Jul 2008 16:49:00 GMT
A 'have-a-go hero' twarts an attempt by two men to kidnap a postman in the Gressham Street area of Belfast city centre.
- Mbeki in Harare for crisis talks
Sat, 05 Jul 2008 16:33:25 GMT
South Africa's Thabo Mbeki is in Zimbabwe to meet President Robert Mugabe and dissident opposition members.
- Briton Laura Robson wins girls' title
Sat, 05 Jul 2008 16:33:12 GMT
Laura Robson becomes the first Briton since 1984 to win the Wimbledon girls' singles title.
- Couple say 'aisle do' in the supermarket where they work
Sat, 05 Jul 2008 16:18:41 GMT
A couple tie the knot in the seasonal goods aisle at the supermarket in Dundee where they first met and both work.
