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
- James Montier: The 'Austerians' will destroy the recovery and usher in deflation
Fri, 30 Jul 2010 13:33:04 +0100
The 'Austerians' could destroy an economic recovery and increase the likelihood of deflation, warns influential investor James Montier.
- Saints hikes divi and expects shareholder payouts to rise
Fri, 30 Jul 2010 13:10:40 +0100
Manager of the Baillie Gifford trust Patrick Edwardson says as the global economic recovery picks up, so too will company profits and their payouts to shareholders.
- Exeter IFA firm strikes outsourcing deal with Brooks Macdonald
Fri, 30 Jul 2010 12:54:27 +0100
RK Shipman has entered into an agreement with Brooks Macdonald for the London based asset manager to run its clients' money.
- Push start from Fidelity helped Ocado get its flotation away
Fri, 30 Jul 2010 11:56:34 +0100
Ocado had to rely on existing shareholders - and fund management group Fidelity in particular - to get its recent stock market flotation away.
BBC Business News
- Fugitive Nadir will stand trial
Fri, 30 Jul 2010 14:57:48 +0000
Fugitive Polly Peck tycoon Asil Nadir, who fled to northern Cyprus in 1993, confirms he will come back to the UK to stand trail on theft charges.
- US economic growth slows to 2.4%
Fri, 30 Jul 2010 14:48:09 +0000
US economic growth slowed between April and June, with GDP growing by an annualised rate of 2.4%, the US Commerce Department says.
- Royal Mail pension plan opposed
Fri, 30 Jul 2010 14:31:24 +0000
The Pensions Regulator is opposing a crucial plan to pay off the £10bn deficit in the Royal Mail pension scheme.
- Benefits face 'radical' shake-up
Fri, 30 Jul 2010 14:17:53 +0000
Merging all tax credits and benefits into a single payment is one option being considered by Iain Duncan Smith in a "radical" welfare shake-up.
BBC News
- Three charged with Uganda bombing
Fri, 30 Jul 2010 15:03:54 +0000
Three Kenyan men are charged with carrying out bomb attacks in the Ugandan capital, Kampala, that killed at least 76.
- Child, 3, drowned in garden pond
Fri, 30 Jul 2010 15:01:42 +0000
A toddler drowned after falling into a garden pond during a visit to a house in Edinburgh, it has emerged.
- Family funeral tribute to soldier
Fri, 30 Jul 2010 15:00:49 +0000
Hundreds of mourners attend the funeral of a "brave, courageous and loyal" soldier killed in Afghanistan.
- Mammals decline in Chernobyl zone
Fri, 30 Jul 2010 15:00:31 +0000
The largest wildlife census of its kind conducted in Chernobyl reveals evidence of mammals declining in the exclusion zone.
