News and comment
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
- FSA: banks and insurers struggling to adapt to RDR
Fri, 10 Sep 2010 12:33:53 +0100
Banks and insurers are struggling to adapt to the retail distribution review due to their status as 'vertically-integrated' firms that both make and sell products, according to the Financial Services Authority's (FSA) Richard Taylor.
BBC Business News
- Royal Mail sell-off is confirmed
Fri, 10 Sep 2010 18:15:51 GMT
The government confirms it is to press ahead with a complete sale of Royal Mail, following an updated review of the postal service.
- US jobs recovery 'painfully slow'
Fri, 10 Sep 2010 15:55:48 GMT
US President Barack Obama has said that progress in pulling the American economy out of recession has been "painfully slow".
- US cuts wheat production forecast
Fri, 10 Sep 2010 15:30:06 GMT
The US Department of Agriculture cuts its forecast for global wheat production in 2010-11, but by less than expected.
- Passengers down at BAA airports
Fri, 10 Sep 2010 15:19:02 GMT
Passenger numbers are down at most of the UK's major airports, with Glasgow the worst affected.
Citywire Money, Tax and Property
- House price reports: who needs 'em?
Thu, 09 Sep 2010 00:01:00 +0100
Is there such a thing as a 'useful' house price index, one that can be used by buyers and sellers to reflect on their own individual deals in any meaningful way? Linton Chiswick reports on the difficult questions an official investigation into house prices must tackle.
Citywire News
BBC News
- Iran 'delays US hiker's release'
Fri, 10 Sep 2010 20:23:09 GMT
Iran delays the release of Sarah Shourd, one of three US hikers arrested last year on suspicion of espionage, a Tehran prosecutor says.
- MPs 'held back' on phone inquiry
Fri, 10 Sep 2010 19:50:02 GMT
MPs held back in an inquiry into phone-hacking allegations for fear that their own private lives could be targeted, a former MP claims.
- Colombia rebels kill six police
Fri, 10 Sep 2010 19:42:37 GMT
Colombia's Farc rebels kill six policemen, in the latest in a surge of attacks that have killed more than 30 security personnel since President Juan Manuel Santos took office a month ago.