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
- RBC looks to expand advisory with Ashburton hire
Wed, 07 Jan 2009 15:08:00 GMT
RBC Wealth Management has bolstered its Jersey team with the hire of Ashburton's Peter Lucas as investment strategist.
- Midday Market: MS shines in dull market
Wed, 07 Jan 2009 12:12:31 GMT
MS provided yet more joy for the retail sector in an otherwise depressed lunchtime market.
- Barclays confirms it is laying off hundreds of staff
Wed, 07 Jan 2009 11:44:28 GMT
Bank to cut more than 400 roles within its IT department.
- EasyJet growing passenger numbers as big rival struggles
Wed, 07 Jan 2009 11:04:27 GMT
Low-cost carrier gaining market share after rival British Airways reports fall in traffic.
Mortgage News
- FSA proposes to speed up FSCS payouts
Wed, 7 Jan 2009 14:25:03 GMT
The Financial Services Authority is planning to ensure consumers are paid compensation within seven days if a bank fails.
- A&L launches fixed rates from 3.49%
Wed, 7 Jan 2009 13:25:43 GMT
Alliance & Leicester has come out with a new mortgage range with rates from 3.49%.
- L&G forecasts big hit to remortgage market
Wed, 7 Jan 2009 12:42:48 GMT
Legal & General mortgage club is predicting that the remortgage market is set to suffer as SVRs fall in line with base rate cuts.
- Upheld advert complaint against Experian
Wed, 7 Jan 2009 12:04:27 GMT
The Advertising Standards Authority has upheld a complaint made against credit information company Experian for a misleading radio advert.
BBC Business News
- Viyella goes into administration
Wed, 07 Jan 2009 14:54:25 GMT
The clothing firm Viyella, which was founded in 1784, calls in administrators to sell the business.
- India IT boss quits over scandal
Wed, 07 Jan 2009 14:18:30 GMT
The boss of Satyam, India's fourth-biggest software firm, resigns after admitting to irregularities in its accounts.
- Firms show interest in Wedgwood
Wed, 07 Jan 2009 14:13:35 GMT
Administrators say there have been 10 expressions of interest in china and glass group Waterford Wedgwood.
- MS to close stores and cut jobs
Wed, 07 Jan 2009 14:00:37 GMT
Marks and Spencer says it plans to close 25 Simply Food stores and two of its regular stores, and cut 1,230 jobs.
BBC News
- Ghana's new leader takes office
Wed, 07 Jan 2009 14:59:26 GMT
John Atta Mills is sworn in as Ghana's new president amid celebrations in the capital, Accra, after his narrow election victory.
- Under pressure
Wed, 07 Jan 2009 14:58:07 GMT
BBC weatherman explains reasons for cold snap
- Viyella goes into administration
Wed, 07 Jan 2009 14:54:25 GMT
The clothing firm Viyella, which was founded in 1784, calls in administrators to try to sell the business.
- Tech fair offers greener vision
Wed, 07 Jan 2009 14:45:07 GMT
Analysts at the Consumer Electronics Show predict that the green credentials of tech products will become critical to their success.
