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 News
- What can still be done to prevent a depression?
Sun, 12 Oct 2008 00:01:00 GMT
Economists are agreed that we are heading for a recession, but how do we stave off a depression?
- Sunday Papers: tips and comment
Sun, 12 Oct 2008 00:01:00 GMT
- Sunday Papers: other news
Sun, 12 Oct 2008 00:01:00 GMT
- Sunday Papers: bid news and gossip
Sun, 12 Oct 2008 00:01:00 GMT
- Q A Pensions: Getting on the right path to retirement
Sun, 12 Oct 2008 00:01:00 GMT
A case study highlights the advantage of consolidating various pensions under one wrapper. It allows easy movement from one retirement product to another.
BBC Business News
- EU chiefs confront markets crisis
Sun, 12 Oct 2008 05:31:28 GMT
The 15 eurozone leaders are to meet in Paris to try to establish a common approach to the global financial crisis.
- Councils seek Iceland cash pledge
Sun, 12 Oct 2008 03:06:46 GMT
Councils are to meet the Icelandic ambassador to demand back bank deposits - amid fears of lost staff wages.
- UK will lead the way, says Brown
Sun, 12 Oct 2008 02:46:54 GMT
Gordon Brown promises Britain will "lead the way" through the global financial crisis, ahead of an emergency EU summit in Paris.
- Retail tycoon in UK stores talks
Sat, 11 Oct 2008 18:22:28 GMT
Billionaire Sir Philip Green holds talks with officials in Iceland, which could lead to him buying several leading UK stores.
- Taking stock
Sat, 11 Oct 2008 15:02:31 GMT
What does the financial turmoil mean for you?
London Stock Exchange News
- Rise in mortgage arrears noted by charity
Fri, 10 Oct 2008 10:51:02 +0100
With the credit crunch worsening and house prices continuing to decline, more and more people are seeking help with mortgage and other secured loan arrears.
- UK-Iceland row rumbles on, compensation plan for savers develops
Fri, 10 Oct 2008 10:49:55 +0100
Forms are to be sent out to people who lost savings with the collapse of two overseas banks - as the government turns up the heat on the Icelandic authorities.
- Euro stocks plunge, following Asian falls
Fri, 10 Oct 2008 10:47:28 +0100
UK stocks plunged this morning, following near-unprecedented falls in the Asian markets.
- Pensions market boosted by Personal Accounts caps
Fri, 10 Oct 2008 10:45:14 +0100
Contributions to the upcoming Personal Accounts scheme are to be capped by "strict limits", it has been confirmed.
- Shares plunge on recession fears, FTSE below 4000
Fri, 10 Oct 2008 05:00:24 +0100
The FTSE 100 closed 366 points down today at 3947.78, in another black day for the exchange.
Mortgage News
- CAB enquiries jump 51%
Fri, 10 Oct 2008 17:06:16 GMT
Figures released today by national charity Citizens Advice reveal that more people are seeking advice on how to manage mortgage and secured loan arrears and fuel debts.
- Product choice sinks to credit crunch low
Fri, 10 Oct 2008 14:57:20 GMT
The number of available mortgage products has fallen to its lowest level since the credit crunch began, reveals data from Moneyfacts.co.uk.
- SLS ties up with Intrinsic
Fri, 10 Oct 2008 13:21:24 GMT
Savills Lending Solutions will have access to network Intrinsic Financial Services' 1,500 advisers via an exclusive tie up with the firm.
- Insurers may refuse to renew PPI, warns Burgesses
Fri, 10 Oct 2008 11:00:24 GMT
A leading insurance distributor has warned that many insurers may refuse to renew payment protection insurance if unemployment figures rise.
- Citi and Wells Fargo negotiations rumble on
Fri, 10 Oct 2008 10:32:45 GMT
Citigroup and Wells Fargo are still trying to broker a deal on which firm gets to acquire US bank Wachovia.
BBC News
- N Korea hails terror list removal
Sun, 12 Oct 2008 07:37:12 GMT
North Korea welcomes a US decision to remove it from a list of sponsors of terrorism and agrees to allow nuclear access.
- Tory voters against full powers
Sun, 12 Oct 2008 07:23:43 GMT
People who vote Conservative are least likely to support giving the Welsh Assembly full powers, a survey shows.
- Forces to repay town's tributes
Sun, 12 Oct 2008 07:20:33 GMT
Members of the armed forces will parade through a Wiltshire town to thank residents for paying tribute to dead service personnel.
- Blast off: the space tourist and his 15m joyride
Sun, 12 Oct 2008 07:19:17 GMT
US space tourist Richard Garriott follows in the footsteps of his astronaut father as he blasts off into space.
- Hamilton misses out as Alonso wins in Japan
Sun, 12 Oct 2008 06:04:56 GMT
Fernando Alonso wins in Japan as Felipe Massa cuts Lewis Hamilton's lead to six points after a clash between the title rivals.
