News and comment
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This service is regularly updated to bring you news of important developments in financial matters as well as UK and Worldwide news.
Citywire Investment News
- Ex-Cazenove partner convicted of insider dealing
Wed, 10 Mar 2010 17:07:35 GMT
Malcolm Calvert has been found guilty on five counts of insider dealing and fined £56k
- FSA: four risks for advisers in run-up to RDR
Wed, 10 Mar 2010 15:40:44 GMT
The Financial Services Authority has highlighted four areas, including quality of advice and governance, it says advisers should focus on during the upheaval of the next two years.
- High Court orders wind-up of Cru Investment Management
Wed, 10 Mar 2010 15:38:50 GMT
The High Court has ordered the winding-up of Cru Investment Management, which marketed the six Arch Cru funds.
- Bramdean Alternatives proposes pure private equity remit
Wed, 10 Mar 2010 14:42:29 GMT
The board of Bramdean Alternatives is proposing to change the trust's name to Aberdeen Private Equity and to give it a pure private equity fund investment remit
FT.com - Financial Markets News
- Stocks edge higher on hopes for global economy
Wed, 10 Mar 2010 22:26:06 GMT
Global Markets Overview: FTSE All-World index remains becalmed near six-week highs, with stock investors reluctant to push riskier assets higher without a fresh catalyst
- Weak output puts pressure on sterling
Wed, 10 Mar 2010 22:23:48 GMT
Sterling comes under renewed pressure after disappointing production data adds to lingering concerns over the UK?s economic recovery
- Indian harvest hopes sink sugar prices
Wed, 10 Mar 2010 22:19:09 GMT
Sugar prices tumbled on Wednesday but crude oil prices breached the $83-a-barrel mark following the latest US weekly inventories data
- Harbinger bid hopes fade
Wed, 10 Mar 2010 19:45:24 GMT
A revival of takeover speculation helped the FTSE 100 hit an 18-month high, but Inmarsat was left behind
BBC Business News
- BA strike talks end without deal
Wed, 10 Mar 2010 22:38:27 GMT
Talks between British Airways and Unite aimed at averting strike action by cabin crew break down without agreement.
- Economic storm not over, says PM
Wed, 10 Mar 2010 22:02:44 GMT
Gordon Brown warns of economic storms ahead but vows not to "let you down" as the date of the Budget is announced.
- Pompey axe 85 jobs to cut costs
Wed, 10 Mar 2010 19:31:12 GMT
Administrators at Portsmouth FC start to make employees redundant, with 85 people losing their jobs.
- Banks face harsher stress tests
Wed, 10 Mar 2010 18:04:24 GMT
Further stress-testing of UK banks will take place to ensure they can survive a 'double-dip' recession, regulators say.
BBC News
- BA strike talks end without deal
Wed, 10 Mar 2010 22:38:27 GMT
Talks between BA and the Unite union aimed at averting strike action by cabin crew break down without agreement.
- Tories allege plan to cut police
Wed, 10 Mar 2010 22:06:07 GMT
The Tories allege ministers plan to cut the number of uniformed officers despite a pledge to protect front line police.
- Scientists to review climate body
Wed, 10 Mar 2010 22:06:03 GMT
The UN secretary general asks the world's leading science academies to review the UN's climate science body.
- Economic storm not over, says PM
Wed, 10 Mar 2010 22:02:44 GMT
Gordon Brown warns of economic storms ahead but vows not to "let you down" as the date of the Budget is announced.
