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
- Time to move money out of defensives?
Tue, 06 Jan 2009 00:01:00 GMT
With many expecting some kind of stock market rally in the spring, is it time to switch some money out of defensives?
- FSA extends short selling disclosure to June 2009
Mon, 05 Jan 2009 17:28:39 GMT
The Financial Services Authority has extended its disclosure regime for significant net short positions in UK financial stocks to reduce the potential for abusive behaviour in the markets.
- Closing Market: flat on US profit-taking and falling banks
Mon, 05 Jan 2009 16:54:40 GMT
Falling Euro offers support but buying dries up as outlook remains uncertain.
- Private investors shun UK stockmarket
Mon, 05 Jan 2009 13:50:00 GMT
Private investors owned the smallest percentage of the UK equity market in history at the end of 2008, according to research from Capita Registrars.
Mortgage News
- Few lenders pass on rate cut in full
Mon, 5 Jan 2009 17:09:43 GMT
Only 19 lenders have passed on the rate cut in full over the last month, reveals data from Moneyfacts.co.uk.
- Short selling ban to end
Mon, 5 Jan 2009 16:59:14 GMT
The ban on short selling UK shares will be lifted by the Financial Services Authority on January 16.
- Pink calls for more LIBOR linked mortgages
Mon, 5 Jan 2009 14:56:01 GMT
Pink Home Loans is appealing to lenders to offer more LIBOR linked mortgage products.
- AMI welcomes government support for homeowners
Mon, 5 Jan 2009 14:01:40 GMT
The government has implemented changes to the Support for Mortgage Interest Scheme, a move welcomed by the Association of Mortgage Intermediaries.
BBC Business News
- Obama says US economy 'very sick'
Tue, 06 Jan 2009 01:32:50 GMT
US President-elect Barack Obama says that America's economy is very sick and that the situation is worsening.
- Final Woolworths stores to close
Tue, 06 Jan 2009 00:13:30 GMT
The final closure of the remaining 200 Woolworths stores is due to take place, the retailer's administrator says.
- Cracking up
Tue, 06 Jan 2009 00:05:12 GMT
How Waterford Wedgwood ran out of steam
- Seaside mission
Tue, 06 Jan 2009 00:02:45 GMT
Grand but faded, Blackpool strives to revive its fortunes
BBC News
- Hospital mobile bans can be eased
Tue, 06 Jan 2009 05:58:32 GMT
Hospitals in England should consider allowing more liberal use of mobile phones, the Department of Health is expected to announce.
- India accuses Pakistan on Mumbai
Tue, 06 Jan 2009 05:57:26 GMT
Mumbai attack must have had support from some official agencies in Pakistan, Indian Prime Minister Manmohan Singh says.
- N Korea rallies for absent leader
Tue, 06 Jan 2009 05:34:28 GMT
Tens of thousands of North Koreans hold a New Year rally celebrating leader Kim Jong-il, who did not appear.
- Ebola alert shuts Angolan borders
Tue, 06 Jan 2009 05:05:00 GMT
Angola closes its borders with the DR Congo to prevent the spread of the deadly virus Ebola.
