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
- The Citywire Debate: should we blame fund managers for the financial crisis?
Tue, 09 Mar 2010 15:18:25 GMT
City minister and former Gartmore chairman Lord Myners thinks we should. Charlie Parker says no, Tony Bonsignore says yes.
- Labour peer Lord Paul promises to give up non-dom status
Tue, 09 Mar 2010 15:02:15 GMT
Labour party donor Lord Paul has said he will give up his non-dom status in the wake of the Lord Ashcroft scandal.
- Investment Line: Greek bonds rally but Euro equities face long debt struggle
Tue, 09 Mar 2010 14:37:25 GMT
Economists warn that austerity measures in the PIIGS will result in a protracted period of low growth
- Markets did not fail - people did, Lord Myners tell City
Tue, 09 Mar 2010 11:59:34 GMT
Financial markets must be able to punish just as easily as they can reward, Lord Myners said last night, in another attack on greed in the City.
Citywire Money, Tax and Property
- Labour peer Lord Paul promises to give up non-dom status
Tue, 09 Mar 2010 16:29:08 GMT
Labour party donor Lord Paul has said he will give up his non-dom status in the wake of the Lord Ashcroft scandal.
- The blue chips where you should dump bonds for equity
Tue, 09 Mar 2010 14:00:00 GMT
The large cap stocks which offer higher yields than their equivalent ten year corporate bonds.
- More quantitative easing may not work, BoE rate-setter warns
Tue, 09 Mar 2010 11:47:18 GMT
Kate Barker?s comments underline growing split within Bank of England's Monetary Policy Committee.
- Pound falls as exports dropped 8% in January
Tue, 09 Mar 2010 11:46:55 GMT
Sterling was under pressure again after new data showed exports fell sharply in January.
BBC Business News
- Aer Lingus to make 670 job cuts
Tue, 09 Mar 2010 18:47:28 GMT
Aer Lingus announces plans to lay off 670 staff, including nearly a quarter of its cabin crew, as part of restructuring plans.
- BA strike talks deadline extended
Tue, 09 Mar 2010 18:07:31 GMT
Talks aimed averting strike action by BA cabin crew have been extended by an extra half day to Wednesday lunchtime.
- Chevron looks for refinery buyer
Tue, 09 Mar 2010 17:45:00 GMT
The Chevron oil firm is looking for bids for a refinery that directly employs around 1,400 people in Pembrokeshire.
- Photographer Annie Leibovitz snaps up debt rescue deal
Tue, 09 Mar 2010 17:42:58 GMT
Photographer Annie Leibovitz does a deal with Colony Capital to clear huge debts that meant she may have lost her library of famous pictures.
BBC News
- PM hails 'historic' justice vote
Tue, 09 Mar 2010 19:50:22 GMT
The devolution of policing and justice powers to Northern Ireland marks the end to decades of strife, Gordon Brown says.
- Live - Tuesday's Scottish Football
Tue, 09 Mar 2010 19:44:54 GMT
Kilmarnock host Rangers and St Mirren face Motherwell in the Scottish Premier League, while it's a busy night in the Scottish Football League.
- Fraudster ran 34m pyramid scheme
Tue, 09 Mar 2010 19:44:35 GMT
A professional gambler is found guilty of running a 34m pyramid scam which targeted people on low incomes.
- Man fined over Turkey PM dog art
Tue, 09 Mar 2010 19:27:47 GMT
A County Durham artist charged with mocking Turkey's prime minister by portraying him as a dog is handed a fine.
