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News and comment

Welcome to your on-line financial newsletter. This service is regularly updated to bring you news of important developments in financial matters.

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Citywire Investment News

  • Whittaker leaves New Star in UK funds overhaul
    Fri, 21 Nov 2008 12:17:15 GMT
    New Star Asset Management joint chief investment officer Stephen Whittaker has left the firm as part of a significant restructure of its UK equity desk.  

Mortgage News

  • Broker market remains healthy, says IMLA
    Fri, 21 Nov 2008 15:18:56 GMT
    The broker lending market remains healthy despite pressure across the lending market, reports the Intermediary Mortgage Lenders Association.

BBC News

  • Car bomb accused 'is a pacifist'
    Fri, 21 Nov 2008 16:02:52 GMT
    An NHS doctor accused of masterminding car bomb attacks in London and Glasgow is a peaceful man, his barrister tells a court.
  • Park attackers to serve six years
    Fri, 21 Nov 2008 15:55:40 GMT
    Two boys who subjected a woman to a knife-point robbery and sex attack in a Belfast park have been ordered to serve six years.
  • Teacher guilty of 'incompetence'
    Fri, 21 Nov 2008 15:49:27 GMT
    A primary school teacher becomes the first in Scotland to admit charges of serious professional incompetence.
  • SA racist killer gets life term
    Fri, 21 Nov 2008 15:44:57 GMT
    A judge sentences an 19-year-old white South African to four life terms for shooting dead four black people.
  • Kinnear hints at January targets
    Fri, 21 Nov 2008 15:01:38 GMT
    Newcastle United manager Joe Kinnear offers clues to his top transfer targets, with John Arne Riise a rumoured target, as he prepares to remain at the club into 2009.

Citywire News


FT.com - Financial Markets News

  • Wall Street recovers some of heavy losses
    Fri, 21 Nov 2008 15:54:22 +0000
    US stocks recovered some ground from the 11 year lows hit in the previous session as investors hoped for a possible rescue or merger for Citigroup that could help ease mounting concerns over the health of the financial system
  • FTSE falls as defensives join the sell-off
    Fri, 21 Nov 2008 15:33:41 +0000
    Mining stocks helped keep the FTSE 100 off its lowest level for the year on Friday, but the benchmark index continued its decline as defensive pharmas and utilities sold off
  • US petrol prices sink below $1 a gallon
    Fri, 21 Nov 2008 11:36:05 +0000
    US wholesale petrol prices slipped below the $1 a gallon level, as commodity markets priced in a likely demand crunch amid forecasts for a prolonged global recession
  • Eurozone business activity at slowest in a decade
    Fri, 21 Nov 2008 11:31:19 +0000
    The eurozone's recession is deepening rapidly, with private sector activity contracting this month at the fastest rate for at least a decade, a closely watched survey has indicated
  • Banks and oil lead bourses higher
    Fri, 21 Nov 2008 10:48:30 +0000
    European stocks bounced out of the doldrums on Friday morning with banks and commodities stocks leading the charge

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