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 15:59:17 +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.
- BP boss scaling back oil effort
Fri, 30 Jul 2010 15:57:12 +0000
The new BP chief executive has said it is time to scale back some parts of the oil spill clean-up in the Gulf of Mexico.
- Airbus firm EADS lifts output aim
Fri, 30 Jul 2010 15:31:18 +0000
Airbus parent firm EADS says it is confident about future orders, despite reporting a fall in second-quarter earnings.
- Immigrant worker limit criticised
Fri, 30 Jul 2010 15:07:39 +0000
Government plans to limit the number of skilled foreign workers allowed into the UK are criticised by the Lord Mayor of London.
BBC News
- US has deadliest Afghan war month
Fri, 30 Jul 2010 16:20:31 +0000
US forces suffered the deadliest month of their nine-year Afghan campaign, with 66 service members killed in July.
- South Asia floods kill hundreds
Fri, 30 Jul 2010 16:18:21 +0000
Floods caused by heavy monsoon rain kill at least 385 people in Pakistan and Afghanistan, washing away whole villages, roads and bridges.
- Three charged with Uganda bombing
Fri, 30 Jul 2010 16:13:11 +0000
Three Kenyans are charged with the murders of 76 people killed when bombs exploded as they watched the World Cup on TV in Kampala, Uganda.
- No change after policy feedback
Fri, 30 Jul 2010 16:12:47 +0000
The coalition government issues detailed responses to the public's policy suggestions but says there will be no changes.
