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.
FT.com - Financial Markets News
- London mid-cap market enlivened by bid hopes
Wed, 10 Mar 2010 14:26:37 GMT
Tullett Prebon raced to the top of the mid-cap FTSE 250 index on Wednesday, while Barrett was also boosted on the back of bid speculation
- Tentative tone takes hold as investors seek direction
Wed, 10 Mar 2010 13:35:06 GMT
Global Markets Overview: FTSE All-World index remains becalmed near six-week highs, with stock investors reluctant to push riskier assets higher without a fresh catalyst
- Industrial and chemical stocks gain in flat trade
Wed, 10 Mar 2010 12:49:25 GMT
A strong performance by industrial and chemical stocks failed to lift European shares higher on Wednesday
- Indian harvest hopes sink sugar prices
Wed, 10 Mar 2010 11:34:48 GMT
Sugar prices tumbled on Wednesday, extending the slide to a second session following reports suggesting a better-than-expected outlook for India?s production this season
BBC Business News
- British Gas faces strike ballot
Wed, 10 Mar 2010 14:22:21 GMT
British Gas workers are to vote in a strike ballot over allegations of bullying by management, and on changes to working conditions.
- Airlines offer slots in EU probe
Wed, 10 Mar 2010 14:16:02 GMT
British Airways, American Airlines and Iberia offer to give up take off and landing slots in London and New York, say EU watchdogs.
- Economic storm not over, says PM
Wed, 10 Mar 2010 13:57:12 GMT
Gordon Brown warns of economic storms ahead but vows not to "let you down" as the date of the Budget is announced.
- BA strike action talks under way
Wed, 10 Mar 2010 13:18:36 GMT
Talks aimed at averting strike action by BA cabin crew are continuing at the TUC, after a deadline was extended.
BBC News
- Biden steps up pressure on Israel
Wed, 10 Mar 2010 14:14:12 GMT
The US vice-president renews criticism of Israel over an East Jerusalem building project and urges bold steps to peace.
- Kidnap boy's father returns to UK
Wed, 10 Mar 2010 14:06:49 GMT
The father of a British boy kidnapped in Pakistan has returned home against police wishes, the BBC learns.
- Spanish hostage in Africa freed
Wed, 10 Mar 2010 13:59:48 GMT
A Spanish woman aid worker kidnapped in West Africa last year has been freed, the Spanish government says.
- Economic storm not over, says PM
Wed, 10 Mar 2010 13:57:12 GMT
Gordon Brown warns of economic storms ahead but vows not to "let you down" as the date of the Budget is announced.
Citywire Investment News
- Grant Thornton?s top 10 Budget predictions
Wed, 10 Mar 2010 13:53:42 GMT
With Gordon Brown announcing that the Budget will be held on march 24, the tax experts are dusting off their crystal balls
- Ten years on, what have we learnt from the tech bubble?
Wed, 10 Mar 2010 13:53:29 GMT
Nothing, it seems, as institutions are still happy to flog worthless ideas in the interests of a quick buck.
- Comment: Five ideas for an election-winning budget on March 24
Wed, 10 Mar 2010 11:59:40 GMT
Gordon Brown today announced that the Budget will take place in two weeks' time. What might he do to increase Labour's chances of an election victory on May 6?
- Standard plans £100m savings drive but cannot confirm jobs are safe
Wed, 10 Mar 2010 11:58:13 GMT
(Updated) David Nish, chief executive of Standard Life, said greater use of technology would cut costs but could not confirm there would be no job losses.
Citywire Money, Tax and Property
- Online banking fraud up by 14% amid wave of 'phishing' attacks
Wed, 10 Mar 2010 14:01:33 GMT
Online banking fraud rose by 14% to £60m in 2009, while card fraud dropped for the first time in three years.
- The economy is not yet out of danger, Gordon Brown warns
Wed, 10 Mar 2010 11:49:21 GMT
You can trust me, prime minister says, as he unveils a pay freeze for doctors, dentists, and hospital consultants.
- 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.
