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
- Deutsche Bank to sell loss-making Tilney business
Thu, 20 Jun 2013 10:10:00 +0100
Deutsche Asset Wealth Management is preparing to sell off its regional network and the bulk of the former Tilney business that it acquired in 2006, Wealth Manager understands.
- Gibbs ups 'widowmaker' JGB conviction and holds euro short
Thu, 20 Jun 2013 10:06:11 +0100
Scepticism about the sustainability of the global recovery has come with a cost, however
- Lloyds, RBS and Barclays 'confident' they can plug £13bn black hole
Thu, 20 Jun 2013 09:55:15 +0100
After regulators discovered a £13 billion shortfall in bank capital, Britain's biggest lenders say they are on course to fill the gap.
- FTSE drops 2% after 'deathly afraid' Bernanke unsettles markets
Thu, 20 Jun 2013 09:53:00 +0100
Stock markets tumbled after Ben Bernanke, chairman of the US Federal Reserve, said its stimulus policies could end next year.
Citywire Money, Tax and Property
- Castle Trust: a bet for both sides of the property market
Fri, 19 Apr 2013 14:44:11 +0100
We look at a company offering a savings account and a 'shared equity' mortgage that let you take a punt on whether house prices are rising or falling.
- Santander told to contact borrowers about botched rate change
Fri, 19 Apr 2013 13:22:56 +0100
The City watchdog has ordered Santander bank to contact 270,000 mortgage borrowers whom it failed to explain an important change in their contract five years ago.
- Buy-to-let is booming but beware the pitfalls
Thu, 18 Apr 2013 11:25:46 +0100
The buy-to-let market is buoyant as investors are lured by high rents and cheap mortgages.
- Landlords targeted in HMRC tax clamp down
Wed, 20 Feb 2013 09:00:00 Z
HMRC is demanding landlords hand over details of their properties and tenants even if they have declared rental income.
BBC Business News
- Singapore smog 'could last for weeks'
Thu, 20 Jun 2013 09:27:43 GMT
Singapore's prime minister warns that the haze engulfing the city could last for weeks, as air pollution in the city-state soared to record levels.
- Eurozone output falls at slower rate
Thu, 20 Jun 2013 09:11:37 GMT
The decline in the eurozone's manufacturing and services sectors eased in June as output fell by the slowest rate for 15 months, a survey indicates.
- Pixmania woes hit Dixons results
Thu, 20 Jun 2013 09:03:49 GMT
Dixons Retail reports a rise in sales, but costs incurred at its troubled online outlet Pixmania mean it reports a loss for the past year.
- UK mortgage lending 'up by a fifth'
Thu, 20 Jun 2013 08:58:12 GMT
UK mortgage lending surged to its highest monthly level since October 2008 in May, with activity even surprising lenders.
BBC News
- UN condemns 'despicable' Somali raid
Thu, 20 Jun 2013 09:28:59 GMT
UN head Ban Ki-moon expresses outrage over a "despicable" attack by Islamists on a UN office in Somalia which killed at least 15 people.
- Singapore smog 'could last for weeks'
Thu, 20 Jun 2013 09:27:43 GMT
Singapore's prime minister warns that the haze engulfing the city could last for weeks, as air pollution in the city-state soared to record levels.
- Afghans reject Taliban talks moves
Thu, 20 Jun 2013 09:23:48 GMT
Afghan officials tell the BBC the removal of the flag and nameplate from the Taliban's Qatar office does not go far enough.
- VIDEO: Is dog 'poo' poster offensive?
Thu, 20 Jun 2013 09:22:53 GMT
A row has erupted online about a particularly graphic anti dog-fouling poster that has been used by some councils.
