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
- Thursday Closing Market: Oil price tumbles alongside global stocks
Thu, 20 Nov 2008 16:53:20 GMT
Shares on both sides of the Atlantic suffered another day of declines, after more torrid economic news.
- Shareholders shoot down Eaglet director dealing changes
Thu, 20 Nov 2008 16:20:27 GMT
Shareholders have blocked plans to turn the Eaglet investment trust into a directors? dealing mandate, throwing the new ownership?s plans for the fund into disarray.
- Oil dips below $50 while US shares take another beating
Thu, 20 Nov 2008 14:56:35 GMT
US shares down again following yesterday's deep falls, as jobs data sends investors running for cover.
- RBS shareholders say yes to government bail-out
Thu, 20 Nov 2008 14:27:44 GMT
Shareholders approved the £20 billion bail-out backed by the government in a vote this afternoon.
Mortgage News
- Nationwide drops fixes but stays away from trackers
Thur, 20 Nov 2008 16:38:35 GMT
Nationwide is cutting fixed rate deals by up to 0.80% but has confirmed it has no current plans to introduce new trackers.
- Pink launches general insurance referral service
Thur, 20 Nov 2008 13:03:36 GMT
Pink Home Loans will now provide a general insurance referral service to its network members.
- Beckett doing all possible to avoid repossessions
Thur, 20 Nov 2008 12:52:09 GMT
Housing minister Margaret Beckett has assured the House of Commons that the government is using all its power to stave off revelations.
- Shapps calls housing target a con
Thur, 20 Nov 2008 12:44:23 GMT
Grant Shapps, shadow minister of housing, has called Gordon Brown's pledge to build 3 million homes by 2020 a con.
BBC Business News
- Aid request
Fri, 21 Nov 2008 00:40:40 GMT
The CBI wants the chancellor to help small firms
- Present worries
Fri, 21 Nov 2008 00:38:44 GMT
Concerns over Christmas gifts' safety
- Dell sees quarterly profits slip
Fri, 21 Nov 2008 00:17:52 GMT
US computer maker Dell sees its quarterly profits fall as customers around the world buy fewer computers.
- No agreement for US car bail-out
Thu, 20 Nov 2008 22:30:25 GMT
US carmakers are given a deadline to produce a viable recovery plan if they want a $25bn government bail-out.
BBC News
- Argentine pension takeover passed
Fri, 21 Nov 2008 02:14:37 GMT
Argentina's Senate approves a bill to nationalise private pension schemes, a measure that has provoked controversy.
- First otter reaches Farne Islands
Fri, 21 Nov 2008 02:07:07 GMT
An otter has survived a "perilous" three-mile sea crossing to the Farne Islands for the first time, the National Trust says.
- Welfare plan 'may cause poverty'
Fri, 21 Nov 2008 01:02:34 GMT
Ministers should rethink plans to force lone parents, disabled people and long term jobless into work, a government advisor says.
- Buggy direction 'affects child'
Fri, 21 Nov 2008 00:32:15 GMT
The direction a child is facing in their pram could affect their development and stress levels, a study suggests.
