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.
Citywire Investment News
- FSA: four risks for advisers in run-up to RDR
Wed, 10 Mar 2010 15:40:44 GMT
The Financial Services Authority has highlighted four areas, including quality of advice and governance, it says advisers should focus on during the upheaval of the next two years.
BBC Business News
- Pompey axe 85 jobs to cut costs
Wed, 10 Mar 2010 17:14:12 GMT
Administrators at Portsmouth FC start to make employees redundant, with 85 people losing their jobs.
- Warning on packaged bank accounts
Wed, 10 Mar 2010 16:52:55 GMT
Bank accounts which charge fees for extra benefits may be being mis-sold, the Financial Services Authority has warned.
- Banks face harsher stress tests
Wed, 10 Mar 2010 16:47:20 GMT
Further stress-testing of UK banks will take place to ensure they can survive a 'double-dip' recession, regulators say.
- BA strike action talks continuing
Wed, 10 Mar 2010 16:35:36 GMT
Talks aimed at averting strike action by BA cabin crew are continuing at the TUC, after a deadline was extended.
Citywire News
BBC News
- Biden steps up pressure on Israel
Wed, 10 Mar 2010 17:19:33 GMT
The US vice-president renews criticism of Israel over an East Jerusalem building project and urges bold steps to peace.
- Pompey axe 85 jobs to cut costs
Wed, 10 Mar 2010 17:14:12 GMT
Administrators at Portsmouth FC start to make employees redundant, with 85 people losing their jobs.
- Care home owner 'not a killer'
Wed, 10 Mar 2010 17:03:07 GMT
A care home boss from Somerset accused of killing two residents has denied she was a "drug-crazed killer", a court hears.
- Internet up for Nobel Peace Prize
Wed, 10 Mar 2010 16:57:16 GMT
The internet is among a record 237 individuals and organisations nominated for this year's Nobel Peace Prize.
FT.com - Financial Markets News
- Weak output puts pressure on sterling
Wed, 10 Mar 2010 17:17:34 GMT
Sterling comes under renewed pressure after disappointing production data adds to lingering concerns over the UK?s economic recovery
- Footsie climbs to 21-month high
Wed, 10 Mar 2010 17:12:54 GMT
Tullett Prebon raced to the top of the mid-cap FTSE 250 index on Wednesday, while Barrett was also boosted on the back of bid speculation
- Stocks edge higher on hopes for global economy
Wed, 10 Mar 2010 17:01:47 GMT
Global Markets Overview: FTSE All-World index remains becalmed near six-week highs, with stock investors reluctant to push riskier assets higher without a fresh catalyst
- Debunking the myth of a China collapse
Wed, 10 Mar 2010 15:48:11 GMT
Global sentiment towards China?s economy and asset markets has turned from exuberance just a few months ago to overriding concern about the side-effects of last year?s remarkable credit growth, writes Jing Ulrich
FT.com - Equities
- Wall Street rises on bank deal speculation
Wed, 10 Mar 2010 15:43:30 +0000
Ten years to the day after the Nasdaq reached its all-time peak, US stocks posted decent gains at the opening bell ? but lacked a positive driver to send them higher
- Nikkei flat as machine stocks gain
Wed, 10 Mar 2010 09:08:01 +0000
The Tokyo exchange remains flat, with better-than-expected machinery orders helping to offset a drop for embattled carmaker Toyota after an incident involving a Prius in the US