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
- Lloyds private bank hands Julius Baer bumper mandate
Wed, 19 Nov 2008 10:27:00 GMT
Lloyds TSB private bank has handed Julius Baer a £300 million absolute return mandate.
- Lloyds bosses get ready for a grilling
Wed, 19 Nov 2008 10:23:00 GMT
Most of the large City investors have now been brought to heel but Lloyds bosses still face tough questions at today's meeting in Scotland.
- Wednesday Morning Market Update: Recession gloom continues to weigh
Wed, 19 Nov 2008 10:03:27 GMT
Experian, Reckitt and HBOS buck the trend, but miners and insurers languish.
- MPC was unanimous in rate cut to 3.5%
Wed, 19 Nov 2008 09:59:21 GMT
Minutes from the last Monetary Policy Committee meeting indicate that a rate cut of 2% was considered, but rejected on the grounds that the surprise to the markets would have been too great.
Mortgage News
- Scottish government failing landlords over EPCs
Wed, 19 Nov 2008 10:00:18 GMT
The Scottish government is failing to prepare landlords for the introduction of Energy Performance Certificates, warns the National Landlords Association Scotland.
- The Money Centre shuts up shop in Sheffield
Tue, 18 Nov 2008 14:47:44 GMT
The Money Centre has closed its Sheffield office from today.
- Home Buyer Systems unveils comparison index for brokers
Tue, 18 Nov 2008 14:25:34 GMT
Home Buyer Systems has launched the Home Buyer Sourcing Index to provide a “true cost” analysis of the differences between direct and broker facing mortgage products
- Inflation falls to 4.5%
Tue, 18 Nov 2008 12:50:39 GMT
Cheaper transport costs led to a record fall in inflation from 5.2% in September to 4.5% in October.
BBC Business News
- Robert Peston
Wed, 19 Nov 2008 10:42:06 GMT
Barclays give away millions in pensions savings
- Bank hints at further rate cuts
Wed, 19 Nov 2008 10:38:45 GMT
Minutes from the latest meeting of the Bank of England's interest rate-setters suggest there could be more rate cuts to come.
- Woolworths in stores sale talks
Wed, 19 Nov 2008 10:31:31 GMT
Struggling chain Woolworths confirms that it is in talks about the possible sale of its retail business.
- Clegg proposes 'government bank'
Wed, 19 Nov 2008 10:23:41 GMT
The Lib Dems say the government has been 'supine' with banks and should consider lending directly to business and homeowners.
BBC News
- Police and teachers on BNP list
Wed, 19 Nov 2008 10:50:17 GMT
Serving and former police officers, teachers and soldiers are listed as BNP members in a leaked document.
- Workers 'support Baby P sackings'
Wed, 19 Nov 2008 10:45:35 GMT
Eight out of 10 social workers who responded to a poll believe council managers should be fired in the wake of Baby P's death.
- Swann added to England ODI squad
Wed, 19 Nov 2008 10:43:02 GMT
Nottinghamshire off-spinner Graeme Swann has been added to the England squad for the third one-day international in Kanpur on Thursday.
- UK net immigration rises to 237,000
Wed, 19 Nov 2008 10:39:41 GMT
Net immigration to the UK increased by 46,000 in 2007 to 237,000, according to official statistics.
