News and comment
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Citywire Investment News
- Video: Jim Leaviss on his new inflation-busting fund
Mon, 06 Sep 2010 15:49:26 +0100
MG bond manager Jim Leaviss explains the rationale behind the MG UK Inflation-Linked Corporate Bond fund which was launched today.
- Back to School
Mon, 06 Sep 2010 15:05:00 +0100
The kids are back at school, but what have we learnt from past few months? John Husselbee, chief executive at North assesses the state of the markets.
- Investors pile back into fixed income as global bond sales soar
Mon, 06 Sep 2010 14:17:00 +0100
Bond sales account for three out of five of the IMA's best selling sectors for July.
- Nordea targets UK wealth managers with quadruple fund launch
Mon, 06 Sep 2010 13:57:44 +0100
The Scandinavian investment firm has added sterling share classes on four of its funds, including a North American fund which delivered table topping performance in 2009.
- Capita launches financial services consultancy practice
Mon, 06 Sep 2010 13:54:16 +0100
Capita's new operation will focus on banks, insurers and life companies.
Citywire Money, Tax and Property
- Landlords brace themselves for benefit caps
Mon, 06 Sep 2010 00:01:00 +0100
There are concerns that cutbacks in Local Housing Allowance will push increasing numbers of tenants into arrears. But demand for rental properties remains high, so what is the outlook for landlords?
- The end of the 'cheap mortgage'
Sun, 05 Sep 2010 00:01:00 +0100
Linton Chiswick questions whether the regulator is about to call time on the last remaining ?cheap mortgage?.
- Mortgages: cut out the middle man for the best rates
Sat, 04 Sep 2010 00:01:00 +0100
Increasingly, high street banks are not only by-passing brokers ? the only place a potential homebuyer can get truly impartial advice on a home loan ? but they are restricting their best offers to existing customers.
- FSA fines and censures mortgage brokers over fraud
Tue, 31 Aug 2010 13:37:07 +0100
The Financial Services Authority has banned one mortgage broker and fined another for failing to prevent false mortgage applications being made to lenders.
- Morning Line: Why should first time buyers suffer?
Tue, 31 Aug 2010 11:20:38 +0100
If the Bank of England is serious about capping mortgage loan-to-value ratios as a means of preventing another credit crisis then it risks excluding more young people from home ownership. Is this what the coalition really wants?
Citywire News
- Why Diageo? People won't stop drinking Johnnie Walker in a hurry say fund managers
Mon, 06 Sep 2010 12:46:11 +0100
Fund managers Roger Morley and Ben Kottler reveal why they stick to steady, 'boring' stocks like drinks giant Diageo and why they?re avoiding energy stocks, even though they look cheap.
- Nouriel Roubini: The US consumer will drag us back into recession
Mon, 06 Sep 2010 12:29:24 +0100
Influential market commentator Nouriel Roubini (pictured) believes the US has ?run out of bullets? in its efforts to stimulate its economy and predicts that the US consumer will drag the global economy back into recession.
- FTSE makes mild gains as US takes a holiday
Mon, 06 Sep 2010 12:16:47 +0100
Global markets still gaining on Friday's better than expected US job figures, but gains expected to be tempered as US markets are closed for the Labor Day Holiday.
- Morning Line: Why should taxpayers pay up for the Taxman's mistakes?
Mon, 06 Sep 2010 10:43:10 +0100
The fact that nearly six million individuals have paid the wrong amount of tax does not instil much confidence in those who have to file their self-assessment forms by 31st October.
- Poetry Corner: If only the England team had strikers as good as Bob Crow
Mon, 06 Sep 2010 10:39:00 +0100
Find out who won the fizz after last week's poetry competition.
BBC Business News
- Obama unveils $50bn building plan
Mon, 06 Sep 2010 18:15:40 GMT
President Barack Obama is announcing a new $50bn infrastructure plan as part of efforts to jump-start the US economy.
- Tube workers begin 24-hour strike
Mon, 06 Sep 2010 18:09:32 GMT
Severe disruption is expected on London Underground as the first workers begin a 24-hour strike.
- Union warns BA of fresh strikes
Mon, 06 Sep 2010 17:43:55 GMT
Union leaders warn BA faces fresh strike action by cabin crew unless a settlement is reached to end the long-running dispute.
- Barclays bank to create 600 jobs
Mon, 06 Sep 2010 17:04:22 GMT
Banking giant Barclays announces it is to expand its presence in Glasgow, creating 600 jobs.
- End UK rebate - EU budget chief
Mon, 06 Sep 2010 16:31:10 GMT
The EU budget commissioner says he sees no grounds for the UK to keep its budget rebate.
BBC News
- Labour MPs call for hacking probe
Mon, 06 Sep 2010 19:47:25 GMT
Labour MPs demand the police investigation into alleged phone-hacking by News of the World reporters is reopened, at an urgent Commons session.
- MoD names two killed UK soldiers
Mon, 06 Sep 2010 19:18:51 GMT
Two British soldiers who died in Afghanistan and in a UK hospital on the same day are named by the Ministry of Defence.
- Children hurt in school bus crash
Mon, 06 Sep 2010 19:17:51 GMT
More than 60 children were involved a collision between two school buses in south Wales, say police.
- Student migration 'unsustainable'
Mon, 06 Sep 2010 18:53:23 GMT
The number of foreign students let into the UK is "unsustainable", minister Damian Green says in his first major speech on immigration.
- France faces pension plan strike
Mon, 06 Sep 2010 18:44:05 GMT
France faces serious disruptions in a general strike over a planned pension age reform on Tuesday, when parliament is also expected to debate a ban of full face veils and a new security bill.