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
- James Montier: The 'Austerians' will destroy the recovery and usher in deflation
Fri, 30 Jul 2010 13:33:04 +0100
The 'Austerians' could destroy an economic recovery and increase the likelihood of deflation, warns influential investor James Montier.
- Saints hikes divi and expects shareholder payouts to rise
Fri, 30 Jul 2010 13:10:40 +0100
Manager of the Baillie Gifford trust Patrick Edwardson says as the global economic recovery picks up, so too will company profits and their payouts to shareholders.
- Exeter IFA firm strikes outsourcing deal with Brooks Macdonald
Fri, 30 Jul 2010 12:54:27 +0100
RK Shipman has entered into an agreement with Brooks Macdonald for the London based asset manager to run its clients' money.
- Push start from Fidelity helped Ocado get its flotation away
Fri, 30 Jul 2010 11:56:34 +0100
Ocado had to rely on existing shareholders - and fund management group Fidelity in particular - to get its recent stock market flotation away.
BBC Business News
- Fugitive Nadir will stand trial
Fri, 30 Jul 2010 14:57:48 +0000
Fugitive Polly Peck tycoon Asil Nadir, who fled to northern Cyprus in 1993, confirms he will come back to the UK to stand trail on theft charges.
- US economic growth slows to 2.4%
Fri, 30 Jul 2010 14:48:09 +0000
US economic growth slowed between April and June, with GDP growing by an annualised rate of 2.4%, the US Commerce Department says.
- Royal Mail pension plan opposed
Fri, 30 Jul 2010 14:31:24 +0000
The Pensions Regulator is opposing a crucial plan to pay off the £10bn deficit in the Royal Mail pension scheme.
- Benefits face 'radical' shake-up
Fri, 30 Jul 2010 14:17:53 +0000
Merging all tax credits and benefits into a single payment is one option being considered by Iain Duncan Smith in a "radical" welfare shake-up.
BBC News
- Points failure caused rail crash
Fri, 30 Jul 2010 14:54:59 +0000
A points failure caused the Potters Bar train crash which killed seven people, an inquest jury decides.
- US economic growth slows to 2.4%
Fri, 30 Jul 2010 14:48:09 +0000
US economic growth slowed between April and June, with GDP growing by an annualised rate of 2.4%, the US Commerce Department says.
- Sex parties banned at London home
Fri, 30 Jul 2010 14:40:39 +0000
The High Court bans a man from staging sex parties and pole-dancing classes at the mansion he owns in central London.
- Royal Mail pension plan opposed
Fri, 30 Jul 2010 14:31:24 +0000
The Pensions Regulator is opposing a crucial plan to pay off the £10bn deficit in the Royal Mail pension scheme.
