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
- Herbert the latest protégé to join Jupiter fund manager ranks
Thu, 09 Feb 2012 07:46:00 Z
Gregory Herbert will manage the European portfolio of Jupiter's £250 million Global Managed fund, which is spearheaded by Simon Somerville.
- Hargreaves Lansdown breaks more records
Thu, 09 Feb 2012 07:45:35 Z
A 28% jump in interim profit and 16% rise in revenue represent new records for the Bristol-based wealth manager.
- Icap suspends employee in Libor probe
Thu, 09 Feb 2012 07:39:29 Z
Icap has suspended one employee and placed two others on administrative leave in the past six weeks as part of a global probe into the interdealing broker market, according to the Financial Times.
- Quilter managed portfolio service head Hepworth to leave
Thu, 09 Feb 2012 07:00:00 Z
Quilter's head of managed portfolio service Charles Hepworth has resigned from the company.
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
- Rio Tinto reports 59% profit fall
Thu, 09 Feb 2012 07:52:56 GMT
Rio Tinto chief to forgo bonus as miner reports a 59% dip in profit after writing down the value of its Alcan aluminium business by $8.9bn.
- Credit Suisse tumbles into loss
Thu, 09 Feb 2012 07:52:20 GMT
Switzerland's second largest bank, Credit Suisse, reports a fourth quarter loss of 637m Swiss francs ($698m; £440m).
- Diageo half-year profits rise 15%
Thu, 09 Feb 2012 07:46:31 GMT
Drinks group Diageo reports a rise in half-year profits as demand for its global brands continues to grow in emerging markets.
- Greek parties fail to agree cuts
Thu, 09 Feb 2012 07:22:06 GMT
Greece's PM says more talks are needed on fresh austerity proposals for a new bailout package, as euro finance ministers prepare to meet.
BBC News
- 'Outstanding' schools face review
Thu, 09 Feb 2012 08:12:10 GMT
A quarter of all schools in England rated outstanding by Ofsted will be re-examined because their teaching did not reach the highest standard, the new chief inspector will reveal.
- Met Office warns of snow threat
Thu, 09 Feb 2012 08:07:31 GMT
The Met Office is warning of snow in areas of Wales on Thursday afternoon as the UK continues to be hit by freezing conditions.
- Road closed by jacknifed lorries
Thu, 09 Feb 2012 07:49:29 GMT
The A66 in Cumbria is closed as a number of lorries jacknife in icy conditions.
- Diageo half-year profits rise 15%
Thu, 09 Feb 2012 07:46:31 GMT
Drinks group Diageo reports a rise in half-year profits as demand for its global brands continues to grow in emerging markets.
