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
- Investment Line: 10 years after the crash tech is flying and its cheap
Wed, 10 Mar 2010 10:14:27 GMT
Tech has just enjoyed its best year of relative performance since 2000, but is still only trading on a multiple of 1.1x the market despite an anticipated MA boom as the new cycle of technology kicks in.
- Henderson's Kerley backs Chinese property for income
Wed, 10 Mar 2010 10:11:40 GMT
Henderson Horizon Asian Dividend Income manager Mike Kerley is bullish on the income prospects for Chinese property and Asian banks.
- Market Update: Unexpected fall in industrial production halts early advance
Wed, 10 Mar 2010 10:05:02 GMT
Banks and miners continue to lend support and Tullett Prebon surge after confirming a bid approach.
- Broker Roundup Update: Deutsche Bank positive on Barclays and Lloyds
Wed, 10 Mar 2010 09:30:28 GMT
Goldman neutral on Aviva and Numis has a buy for FC AM.
BBC Business News
- UK industrial output falls back
Wed, 10 Mar 2010 10:31:20 GMT
Industrial production in the UK fell unexpectedly in January, dropping by 0.4% form December, official data has shown.
- German exports fall unexpectedly
Wed, 10 Mar 2010 10:24:17 GMT
German exports fell unexpectedly in January, with analysts saying that the cold weather that month was to blame.
- Banking fraud 'moves to internet'
Wed, 10 Mar 2010 10:12:37 GMT
Fraudsters are continuing their switch from traditional card fraud to raiding online bank accounts, research suggests.
- Budget in two weeks, Darling says
Wed, 10 Mar 2010 10:10:34 GMT
This year's Budget will be held on Wednesday 24 March, Chancellor Alistair Darling confirms.
BBC News
- File-sharing sanctions 'unfair'
Wed, 10 Mar 2010 10:39:06 GMT
Illegal file-sharers should be fined, rather than have their internet connection cut off, says the boss of BT.
- Top public servants' pay frozen
Wed, 10 Mar 2010 10:34:40 GMT
Thousands of top-earning public sector workers, including judges and NHS managers, will have their pay frozen next year.
- Berezovsky wins asylum libel case
Wed, 10 Mar 2010 10:33:07 GMT
Oligarch Boris Berezovsky has won 150,000 libel damages over claims he conspired to avoid his extradition and obtain political asylum in Britain.
- Torture death DNA swabbing starts
Wed, 10 Mar 2010 10:30:57 GMT
Police will start DNA swabbing sessions later to attempt to find the murderer of an elderly woman in Hampshire.
Citywire Money, Tax and Property
- Consumer groups attack delay to reform of PPI market
Wed, 10 Mar 2010 10:36:31 GMT
Consumer bodies urge Financial Services Authority to push ahead with reform of PPI after it announces a further six week consultation period.
- Euro equities face long debt struggle in wake of Greek crisis
Wed, 10 Mar 2010 10:01:00 GMT
Economists warn that austerity measures in the PIIGS will result in a protracted period of low growth.
- Fraudster convicted over £34m ponzi scheme
Wed, 10 Mar 2010 09:31:34 GMT
Investment roadshow fraudster Kevin Foster has been convicted of stealing investors' funds after masterminding a £34 million ponzi scheme that ran for nearly a decade.
- Treasury confirms Budget date as 24 March
Wed, 10 Mar 2010 09:05:55 GMT
The Treasury is expected to confirm Budget day will be 24 March, making a 6 May general election more likely.
