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
- Friday Morning Market: Oil and mining sectors head rally
Fri, 21 Nov 2008 08:50:24 GMT
Tobaccos and utilities lose ground, but banks and financials firmer.
- Banks told to start lending ? or else
Fri, 21 Nov 2008 08:42:44 GMT
Pressure is building on banks to start lending as politicians step up the war of words.
- Target Income 2009: Credit Suisse's Ashby uses call options for extra yield
Fri, 21 Nov 2008 08:41:00 GMT
In the latest of Citywire?s interviews with equity income fund managers, Credit Suisse?s Graham Ashby says he is seeing opportunities in mid and small-caps and is using call option overwriting to enhance the yield on his flagship fund.
- Morning Eyecatchers: Broker Roundup: Goldman upgrades Wood Group
Fri, 21 Nov 2008 08:16:58 GMT
Credit Suisse on retailers and ING downgrades Hays.
Mortgage News
- Nationwide drops fixes but stays away from trackers
Thur, 20 Nov 2008 16:38:35 GMT
Nationwide is cutting fixed rate deals by up to 0.80% but has confirmed it has no current plans to introduce new trackers.
- Pink launches general insurance referral service
Thur, 20 Nov 2008 13:03:36 GMT
Pink Home Loans will now provide a general insurance referral service to its network members.
- Beckett doing all possible to avoid repossessions
Thur, 20 Nov 2008 12:52:09 GMT
Housing minister Margaret Beckett has assured the House of Commons that the government is using all its power to stave off revelations.
- Shapps calls housing target a con
Thur, 20 Nov 2008 12:44:23 GMT
Grant Shapps, shadow minister of housing, has called Gordon Brown's pledge to build 3 million homes by 2020 a con.
BBC Business News
- Banks 'must kick-start lending'
Fri, 21 Nov 2008 08:36:25 GMT
Banks must start lending again to households and businesses, or face being named and shamed, the Treasury Select Committee chairman says.
- Fullers upbeat amid downturn
Fri, 21 Nov 2008 07:55:05 GMT
Fuller, Smith Turner says it is confident it will "cope well" even though the UK economic outlook did "not look good".
- Singapore officially in recession
Fri, 21 Nov 2008 07:35:18 GMT
Singapore downgrades its economic growth figure, which confirms it was Asia's first country in recession in the current financial crisis.
- Aid request
Fri, 21 Nov 2008 00:40:40 GMT
The CBI wants the chancellor to help small firms
BBC News
- Pc faces quiz on alleged BNP link
Fri, 21 Nov 2008 08:48:15 GMT
A police officer suspended after his name appeared on a list of BNP members is to be questioned by his bosses.
- Fierce gun battle rocks Mogadishu
Fri, 21 Nov 2008 08:46:08 GMT
At least 15 people are killed as insurgents attack the Somali capital, Mogadishu, witnesses say.
- China names 19,000 May quake dead
Fri, 21 Nov 2008 08:34:50 GMT
Chinese authorities name more than 19,000 people killed in a big quake in May, but deny reports they were all students.
- Welfare plan 'may cause poverty'
Fri, 21 Nov 2008 08:33:43 GMT
Ministers should rethink plans to force lone parents, disabled people and long term jobless to seek work, a government adviser says.