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
- Lloyds to cut 900 jobs
Tue, 07 Feb 2012 13:56:29 Z
Part-nationalised Lloyds Banking Group is to cut 900 jobs - part of wider plans unveiled last year to cull 15,000 posts across the company.
- Why it's too soon to call the end of treasuries' bull run
Tue, 07 Feb 2012 13:55:24 Z
Risk assets have got off to a good start this year but strategists are sceptical about calling time on treasuries' bull run with so much uncertainty remaining in the global economy.
- Skandia drops Aviva Investors from Best Ideas after job cuts
Tue, 07 Feb 2012 13:53:29 Z
Skandia Investment Group has removed Aviva Investors? manager Julius Lipner from running money for its Skandia UK Strategic Best Ideas fund, following the strategic review of the firm.
- The Polar Cap tech team's take on Facebook hype
Tue, 07 Feb 2012 13:48:50 Z
Polar Capital?s Nick Evans and Ben Rogoff believe a successful Facebook floatation will act as a positive catalyst for other social media related stocks, particularly LinkedIn and Chinese company Sina.
Citywire Money, Tax and Property
- House prices rose 0.6% in January, says Halifax
Mon, 06 Feb 2012 09:54:16 Z
The average UK house price is now £161,000.
- The 20 postcodes most 'at risk' of burglary
Fri, 03 Feb 2012 09:35:34 Z
The areas in the UK that see the most home insurance claims for theft or burglary, and the postcodes that are least at risk.
- House prices flat as market 'dogged by uncertainty'
Mon, 30 Jan 2012 00:01:00 Z
January marked the eighteenth month that house prices did not rise, according to Hometrack.
- Buying a house is now cheaper than renting one
Sat, 28 Jan 2012 00:01:00 Z
Buying a house is over £100 a month cheaper than renting, according to Halifax. Wales is the exception.
BBC Business News
- BP ups dividend as profits rise
Tue, 07 Feb 2012 14:28:28 GMT
BP announces sharply higher profits and increases its dividend to shareholders for the first time since the 2010 Deepwater Horizon oil disaster.
- Glaxo sales move away from Europe
Tue, 07 Feb 2012 14:21:13 GMT
UK drugmaker GlaxoSmithKline announces profits of £1.9bn for the three months to the end of December, up from a £193m loss during the same period in 2010.
- UBS profits down on weak business
Tue, 07 Feb 2012 14:17:46 GMT
Profits at Swiss bank UBS slump by three-quarters and the outlook remains tough as the eurozone crisis saps business.
- 'Europe is poor so should cut the cloth accordingly'
Tue, 07 Feb 2012 14:07:02 GMT
Time to learn from Asia and cut the cloth accordingly?
BBC News
- Jones 'nothing to hide' on Awema
Tue, 07 Feb 2012 14:29:39 GMT
First Minister Carwyn Jones says the Welsh government has "nothing to hide" in the case of under-fire race equality charity Awema.
- Press watchdog 'made a scapegoat'
Tue, 07 Feb 2012 14:29:17 GMT
The Press Complaints Commission was made a scapegoat over phone-hacking at the News of the World, its former chairman tells the Leveson Inquiry.
- Orkney murder case appeal begins
Tue, 07 Feb 2012 14:10:03 GMT
A man jailed for the murder of a waiter on Orkney begins an appeal against his conviction.
- Freeze prompts Europe emergencies
Tue, 07 Feb 2012 14:06:59 GMT
As freezing weather grips much of Europe, Italy takes steps to conserve gas while emergency situations have been declared in other countries.
