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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 News

  • The end of the 'cheap mortgage'
    Sun, 05 Sep 2010 00:01:00 +0100
    Linton Chiswick questions whether the regulator is about to call time on the last remaining ?cheap mortgage?.

BBC Business News

  • Wrong tax bill for millions in UK
    Sat, 04 Sep 2010 17:44:34 GMT
    Almost six million people in the UK have paid the wrong amount of income tax in the past year, with some facing a bill of up to £1,400 - although others can expect a rebate.
  • Six million facing new tax bills
    Sat, 04 Sep 2010 17:40:43 GMT
    HM Revenue and Customs says some 1.4 million people each owe about £1,500 in tax, while 4.3 million will get an average rebate of £418.
  • Cairo literary business booming
    Sat, 04 Sep 2010 16:50:18 GMT
    Egypt's literary scene is thriving, with a new generation of writers and poets taking advantage of an increasing number of small publishers and social networking sites to get their work noticed.
  • Industry fears over cheaper coins
    Sat, 04 Sep 2010 16:12:04 GMT
    Vending machine companies warn cheaper "steel" 5p and 10p coins being considered by the Treasury could cost the industry millions of pounds.
  • Banks leave customers in 'poverty'
    Sat, 04 Sep 2010 09:29:15 GMT
    High Street banks have been accused of leaving some customers in "dire poverty" after taking money out of their accounts without permission.

BBC News

  • Ex-army head attacks Labour PMs
    Sat, 04 Sep 2010 23:16:21 GMT
    Former head of the Army Gen Sir Richard Dannatt accuses Tony Blair and Gordon Brown of letting down British troops in Iraq and Afghanistan.
  • Crash survivors back Chile miners
    Sat, 04 Sep 2010 22:58:38 GMT
    Survivors of a 1972 plane crash in the Andes arrive at the San Jose mine to support the 33 men trapped underground.
  • Hargreaves fails to make Euro cut
    Sat, 04 Sep 2010 22:43:15 GMT
    Injury-hit midfielder Owen Hargreaves has been left out of Manchester United's Champions League squad.
  • Aftershocks felt after NZ quake
    Sat, 04 Sep 2010 22:25:05 GMT
    A series of aftershocks rattle Christchurch, New Zealand, where a powerful 7.0-magnitude earthquake caused widespread damage.
  • ElBaradei alleges 'smear' tactic
    Sat, 04 Sep 2010 22:04:46 GMT
    Former UN chief nuclear chief Mohamed ElBaradei accuses Egypt's government of being behind a campaign to smear his family.

Citywire Investment News


FT.com - Financial Markets News

  • Wall Street takes cheer from employment data
    Fri, 03 Sep 2010 20:38:56 GMT
    US stocks rose, extending this week?s rally, after a better-than-expected August jobs report eased fears about a slowdown in the pace of the economic recovery

FT.com - Equities

  • Wall Street takes cheer from employment data
    Fri, 3 Sep 2010 21:38:56 +0100
    US stocks rose, extending this week's rally, after a better-than-expected August jobs report eased fears about a slowdown in the pace of the economic recovery
  • Strong earnings drive Europe's carmakers
    Fri, 3 Sep 2010 19:31:14 +0100
    European equities had their biggest weekly gain for eight weeks as the region's carmakers led the way with a strong performance against the backdrop of improving sentiment from more positive global economic data
  • EADS rises as Paris reassures on A400M
    Thu, 2 Sep 2010 20:11:37 +0100
    European equities held levels attained during the previous session's strong advance on Thursday, with carmakers able to extend their recent strong run

Citywire Money, Tax and Property

  • The end of the 'cheap mortgage'
    Sun, 05 Sep 2010 00:01:00 +0100
    Linton Chiswick questions whether the regulator is about to call time on the last remaining ?cheap mortgage?.
  • Mortgages: cut out the middle man for the best rates
    Sat, 04 Sep 2010 00:01:00 +0100
    Increasingly, high street banks are not only by-passing brokers ? the only place a potential homebuyer can get truly impartial advice on a home loan ? but they are restricting their best offers to existing customers.
  • Morning Line: Why should first time buyers suffer?
    Tue, 31 Aug 2010 11:20:38 +0100
    If the Bank of England is serious about capping mortgage loan-to-value ratios as a means of preventing another credit crisis then it risks excluding more young people from home ownership. Is this what the coalition really wants?
  • Mortgages: don't write off a fixed rate
    Sat, 28 Aug 2010 00:01:00 +0100
    Most people are opting for a tracker mortgage, but it is not the right option for everyone. Lorna Bourke considers the options for borrowers.
  • news and comment

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