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
- Broker Roundup Update: Deutsche Bank positive on Barclays and Lloyds
Wed, 10 Mar 2010 09:30:28 GMT
Goldman neutral on Aviva and Numis has a buy for FC AM.
- Treasury confirms Budget date as 24 March
Wed, 10 Mar 2010 09:05:55 GMT
The Treasury is expected to confirm Budget day will be 24 March, making a 6 May general election more likely.
- Edinburgh Partners hires ex Swip investment boss Wood
Wed, 10 Mar 2010 08:54:27 GMT
The investment boutique has hired former Scottish Widows Investment Partnership CIO Graham Wood.
- Standard plans £100m savings drive but cannot confirm jobs are safe
Wed, 10 Mar 2010 08:53:51 GMT
David Nish, chief executive of Standard Life, said greater use of technology would cut costs but could not confirm there would be no job losses.
BBC Business News
- Cathay Pacific returns to profit
Wed, 10 Mar 2010 09:59:47 GMT
Cathay Pacific reports a return to full-year profit as cost cutting and bets on the price of fuel pay off.
- UK industrial output falls back
Wed, 10 Mar 2010 09:52:41 GMT
Industrial production in the UK fell unexpectedly in January, official data has shown.
- Northern Rock sees reduced losses
Wed, 10 Mar 2010 09:48:31 GMT
Northern Rock says that it made "good progress" in 2009, after reporting a sharp fall in its annual losses.
- Budget in two weeks, Brown says
Wed, 10 Mar 2010 09:47:47 GMT
This year's Budget will be held on Wednesday 24 March, Prime Minister Gordon Brown announces.
BBC News
- Economic storm not over, says PM
Wed, 10 Mar 2010 10:01:07 GMT
Gordon Brown warns of economic storms ahead but vows not to "let you down" as the date of the Budget is announced.
- More schools fail Ofsted checks
Wed, 10 Mar 2010 09:57:46 GMT
More schools in England are being judged as inadequate in Ofsted's new-style inspections, according to figures just released.
- Top public servants' pay frozen
Wed, 10 Mar 2010 09:57:13 GMT
Thousands of top-earning public sector workers, including judges and NHS managers, will have their pay frozen next year.
- Iran attacks US over Afghanistan
Wed, 10 Mar 2010 09:51:51 GMT
Iranian President Mahmoud Ahmadinejad says it is the US, not Tehran, that is playing a "double game" in Afghanistan.
FT.com - Financial Markets News
- London shares enlivened by Tullett bid
Wed, 10 Mar 2010 09:23:39 GMT
Tullett Prebon raced to the top of the mid-cap FTSE 250 index on Wednesday after reporting it had received a bid
- Tentative tone takes hold as investors seek direction
Wed, 10 Mar 2010 08:41:23 GMT
Global Markets Overview: FTSE All-World index remains becalmed near six-week highs, with stock investors reluctant to push riskier assets higher without a fresh catalyst
- Queensland picks banks for A$7bn rail IPO
Wed, 10 Mar 2010 03:43:38 GMT
The Queensland state government has appointed five banks to run a A$7bn share float of Queensland Rail?s coal and freight arm, expected to be Australia?s biggest listing this year
- CFTC urges end to derivatives secrecy
Wed, 10 Mar 2010 01:05:04 GMT
A leading US financial regulator called for the prices of derivatives trades to be disclosed in the same way as stock prices, saying only large Wall Street banks benefited from the current lack of transparency