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 Closing Market: BA flies as FTSE rises on Wall Street rebound
Fri, 08 Aug 2008 16:48:39 GMT
A strong opening on Wall Street helped London-listed stocks rebound from earlier losses with British Airways leading London higher.
- UK fund industry resilient in credit crunch, says IMA
Fri, 08 Aug 2008 14:59:30 GMT
The UK asset management industry continued to grow in 2007 as it emerged relatively unscathed from the credit crisis, according to the annual survey by the Investment Management Association.
- Friday Lunchtime Market: Miners take the steam out of RBS climb
Fri, 08 Aug 2008 12:49:58 GMT
The banks climbed as the interim reporting season drew to a close, but their gains were not enough to quell the FTSE?s losses which were mainly impaired by the miners.
- Lenders call for calm as repossessions soar
Fri, 08 Aug 2008 11:33:11 GMT
Mortgage lenders have sought to calm consumer fears, saying that the overwhelming majority of borrowers have continued to pay their mortgages every month, despite their own figures that show the level of possessions at the same level as the late 90s.
Mortgage News
- CML data reveals 18,900 repossessions this year
Fri, 8 Aug 2008 11:08:29 GMT
There were 18,900 cases where lenders took possession of property in the first half of 2008, data from the Council of Mortgage Lenders reveals.
- Prices plunge at auctions by almost one fifth
Thur, 7 Aug 2008 17:22:39 GMT
- Direct FS maintained by lenders
Thur, 7 Aug 2008 12:57:56 GMT
- MPC holds base rate at 5%
Thur, 7 Aug 2008 11:53:24 GMT
The Monetary Policy Committee has held base rate at 5% today.
BBC Business News
- RBS has 691m loss in first half
Fri, 08 Aug 2008 16:24:59 GMT
Royal Bank of Scotland posts a pre-tax loss of 691m in the first half of 2008, the second-biggest loss in UK banking history.
- Fannie Mae unveils loss of $2.3bn
Fri, 08 Aug 2008 15:07:50 GMT
US mortgage finance company Fannie Mae plunges $2.3bn into the red as a result of housing market woes.
- Ryanair blocks 'illegal' bookings
Fri, 08 Aug 2008 15:01:39 GMT
Ryanair is to cancel thousands of its own customers' bookings made through internet travel agents whose activities it says are illegal.
- Illegal checks jeopardising jobs
Fri, 08 Aug 2008 14:59:10 GMT
Employers in England and Wales are making illegal requests for background checks on their workers, the BBC learns.
BBC News
- Life term for 'dirty look' killer
Fri, 08 Aug 2008 17:57:44 GMT
A 16-year-old is given a life sentence for stabbing to death a schoolboy he felt had given him a "dirty look".
- RSPCA seeks owner of an amorous stray parrot
Fri, 08 Aug 2008 17:43:36 GMT
A stray parrot that likes to say "I love you" and makes kissing noises is being cared for by the RSPCA.
- What next?
Fri, 08 Aug 2008 17:36:37 GMT
The challenges ahead in HIV and Aids care
- Two weeks on
Fri, 08 Aug 2008 17:27:55 GMT
Alex Bushill checks how the Redruth curfew is working