News and comment
The news stories on this page have been written and produced by a third party and neither nor its representatives can be held responsible for the accuracy of the content/information contained within these stories.
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 Daily Interview: Swip multi-manager team looks for shelter in infrastructure
Wed, 20 Aug 2008 00:01:00 GMT
The Scottish Widows Investment Partnership (Swip) multi-manager team of Mark Harries and Simon Wood has bought into infrastructure in a bid to reduce its multi-asset fund of funds? correlation with the downturn in markets.
- SPA ETF launches follow shift in investment practices
Wed, 20 Aug 2008 00:01:00 GMT
SPA ETF is launching a range of four sector-based exchange traded funds to anticipate a shift by UK advisers to follow US counterparts basing investments on sectors instead of general approaches.
- Jupiter Unit Trust Managers posts 37% profits jump
Wed, 20 Aug 2008 00:01:00 GMT
While many asset management groups founder in the credit crisis Jupiter Unit Trust Managers appears to go from strength to strength.
- Tuesday Closing Market: Financials weigh on FTSE
Tue, 19 Aug 2008 16:42:00 GMT
London?s premier stock index continued to decline on Tuesday afternoon, with banks and insurers dominating the losers' board.
Mortgage News
- Select & Protect's broker registrations double
Tue, 19 Aug 2008 16:49:54 GMT
General insurance provider Select & Protect has doubled its broker registrations to over 10,500 in the past 12 months.
- Dual pricing still overshadowing brokers
Tue, 19 Aug 2008 15:57:09 GMT
Compliance systems provider, Home Buyer Systems, has calculated that lenders’ dual pricing continues to make broker products uncompetitive when compared with direct-to-lender deals.
- Santander to more than double A&L executive salary as bonus
Tue, 19 Aug 2008 12:37:06 GMT
Santander is offering bonuses of between 75% and 125% of their salaries to key executives if they agree to stay on at Alliance & Leicester until next December.
- Brown must act as transactions sink below 90's levels, says Wolsey
Tue, 19 Aug 2008 11:46:03 GMT
Housing transactions have fallen to a lower level than the last housing market crash and the government must step up, says Wolsey Securities, a finance specialist for housebuilders.
BBC Business News
- Foreign sales boost HP earnings
Tue, 19 Aug 2008 23:35:32 GMT
Hewlett-Packard, the world's largest computer firm, sees quarterly profits boosted by international sales.
- Watchdog to set out plans for BAA
Tue, 19 Aug 2008 23:29:13 GMT
The Competition Commission is tipped to back the break-up of BAA, the UK's largest airports operator.
- End is nigh?
Tue, 19 Aug 2008 23:24:17 GMT
The uncertain future for firms in administration
- Call to tackle UK business waste
Tue, 19 Aug 2008 23:00:00 GMT
The government should do more to curb waste using tax as an incentive, a House of Lords committee has said.
BBC News
- Fan fury over festival 'rip-off'
Wed, 20 Aug 2008 02:22:29 GMT
Hundreds of music fans are angry and out of pocket after their tickets for the V Festival at the weekend failed to turn up.
- Monkey business - US Bigfoot turns out to be gorilla suit on ice
Wed, 20 Aug 2008 01:38:50 GMT
The claimed recent discovery of Bigfoot in the US state of Georgia has turned out to be a gorilla suit in a block of ice.
- Sarkozy en route to Afghanistan
Wed, 20 Aug 2008 00:41:09 GMT
French President Nicolas Sarkozy travels to Afghanistan to support his troops, a day after a deadly attack by Taleban fighters.
- Back pain eased by good posture
Tue, 19 Aug 2008 23:56:12 GMT
Long-term back pain can be relieved through encouraging sufferers to adopt good posture through the Alexander technique, say researchers.