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
- UBS hires PwC team but loses south western division to Brewins
Thu, 28 Aug 2008 00:01:00 GMT
The revolving door at UBS? Wealth Management continues to spin, with the Swiss bank poaching a team of financial planners for its Midlands division but losing a separate unit to Brewin Dolphin's south western operation.
- The Daily Interview: Indian firms 'light years ahead of China', says Aberdeen's Young
Thu, 28 Aug 2008 00:01:00 GMT
Aberdeen Asset Management's veteran head of equities Hugh Young believes India remains a stronger investment bet than China on the back of a superior corporate culture and steadier rate of manufacturing growth.
- Wednesday Closing Market: UK stocks pull back full circle from earlier losses
Wed, 27 Aug 2008 17:04:37 GMT
The FTSE clawed back as Wall Street made a promising start on the back of some positive US manufacturing figures.
- Insight Investment hires product specialist from JPMorgan
Wed, 27 Aug 2008 15:10:00 GMT
Insight Investment has appointed Sonja Uys as product specialist for absolute return strategies
Mortgage News
- FSA may take lenders to court over fees
Wed, 27 Aug 2008 16:35:42 GMT
The Financial Services Authority has found lenders are continuing to vary their mortgage fees, which may result in them being taken to court by the regulator.
- LV= and Intrinsic team up on lifetime mortgage
Wed, 27 Aug 2008 13:50:43 GMT
LV= has partnered with Intrinsic Financial Services to promote its lifetime mortgage.
- HIP provider OpenBook forced to close
Wed, 27 Aug 2008 12:01:49 GMT
Home information pack provider OpenBook has confirmed it will be winding down operations and shutting down the business at the end of this week.
- Lib Dems to help home owners facing repossession
Wed, 27 Aug 2008 11:38:05 GMT
The Liberal Democrat's have outlined proposals to help home owners facing repossession.
BBC Business News
- Life on board
Wed, 27 Aug 2008 23:15:35 GMT
Taking to the water to beat the housing market slump
- Euro gains as dollar rally stalls
Wed, 27 Aug 2008 23:12:00 GMT
The dollar loses some ground against the euro, a day after hitting a six-month high against the single currency.
- British workers 'fear job losses'
Wed, 27 Aug 2008 23:07:15 GMT
More than one in 10 British workers fear they will lose their job in the next year, union body the TUC says.
- Ringing the changes - BT puts phone boxes out for 'adoption'
Wed, 27 Aug 2008 23:02:22 GMT
Ringing the changes - BT puts phone boxes out for 'adoption'
BBC News
- Obama nominated for the Democrats
Wed, 27 Aug 2008 23:18:55 GMT
US Democrats name Barack Obama as presidential candidate, the first African-American to represent a major US party.
- Gas explosion on housing estate
Wed, 27 Aug 2008 23:14:56 GMT
A late-night gas explosion is reported on the huge Twinbrook housing estate in the Lisburn city area.
- British workers 'fear job losses'
Wed, 27 Aug 2008 23:07:15 GMT
More than one in 10 British workers fear they will lose their job in the next year, union body the TUC says.
- Map highlights 'obesity hotspots'
Wed, 27 Aug 2008 23:06:13 GMT
Shetland and parts of Wales and north England are Britain's obesity hotspots, according to a map compiled from GP records.
