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
- James Montier: The 'Austerians' will destroy the recovery and usher in deflation
Fri, 30 Jul 2010 13:33:04 +0100
The 'Austerians' could destroy an economic recovery and increase the likelihood of deflation, warns influential investor James Montier.
- Saints hikes divi and expects shareholder payouts to rise
Fri, 30 Jul 2010 13:10:40 +0100
Manager of the Baillie Gifford trust Patrick Edwardson says as the global economic recovery picks up, so too will company profits and their payouts to shareholders.
- Exeter IFA firm strikes outsourcing deal with Brooks Macdonald
Fri, 30 Jul 2010 12:54:27 +0100
RK Shipman has entered into an agreement with Brooks Macdonald for the London based asset manager to run its clients' money.
- Push start from Fidelity helped Ocado get its flotation away
Fri, 30 Jul 2010 11:56:34 +0100
Ocado had to rely on existing shareholders - and fund management group Fidelity in particular - to get its recent stock market flotation away.
BBC Business News
- UAE 'to deny Blackberry services'
Sun, 1 Aug 2010 08:27:00 +0000
The UAE is to suspend some Blackberry mobile phone services, having said the devices pose a "national security risk", its state news agency reports.
- Warning of tanker drivers' action
Sun, 1 Aug 2010 05:18:22 +0000
Fuel tanker drivers could take industrial action later this year over job and pay cuts, a union has warned.
- Dhaka workers angry over pay
Sun, 1 Aug 2010 02:21:09 +0000
There have been street battles in Bangladesh for a second day as workers in Dhaka's textile factories vent their disappointment with a planned wage rise.
- Child Trust Fund payments to drop
Sun, 1 Aug 2010 02:01:02 +0000
Babies born this weekend will be last in the UK to receive the full payment to Child Trust Funds, as the scheme's phasing out begins.
BBC News
- 'Pell-mell' adventure
Sun, 1 Aug 2010 09:20:17 +0000
Images of record-smashing rowing trip across the Atlantic
- On board with search and rescue
Sun, 1 Aug 2010 09:18:56 +0000
Alex Bushill joins a search and rescue team from the Royal Marine Barracks in Chivenor as they prepare for their busiest time of year.
- Dutch troops leave Afghanistan
Sun, 1 Aug 2010 09:08:05 +0000
The Netherlands ends its Afghan military involvement after a domestic split, amid concerns over the US-led alliance's long-term strategy and exit.
- India's 'production line' heart hospital
Sun, 1 Aug 2010 09:02:46 +0000
The rising costs facing healthcare systems in Western nations often make the headlines. But could the way a heart hospital in India is offering cutting edge medical care, while keeping costs extremely low, be the way forward?
FT.com - Financial Markets News
- Investors drop risk after US GDP data
Fri, 30 Jul 2010 21:43:20 GMT
Global Markets Overview: The FTSE All-World index is down 0.5% following a lower-than-forecast GDP growth report for the US, and the yen and short-term US Treasuries are seeing record demand
- BP move forces trusts to reduce returns
Fri, 30 Jul 2010 21:34:58 GMT
Investment trusts are being forced to cut pay-outs or dip into their reserves to fill the hole left by the suspension of BP?s dividend
- Coffee surges on poor Colombian harvests
Fri, 30 Jul 2010 21:27:38 GMT
Coffee prices hit their highest level in 12 years on the back of low availability of premium Arabica coffee j
- Weak growth weighs on dollar
Fri, 30 Jul 2010 21:22:47 GMT
The dollar fell below Y86 for the first time in eight months on Friday as mounting concerns about the US economy led to broader weakness for the greenback