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
- 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
Citywire Money, Tax and Property
- Online banking fraud up by 14% amid wave of 'phishing' attacks
Wed, 10 Mar 2010 14:01:33 GMT
Online banking fraud rose by 14% to £60m in 2009, while card fraud dropped for the first time in three years.
- The economy is not yet out of danger, Gordon Brown warns
Wed, 10 Mar 2010 11:49:21 GMT
You can trust me, prime minister says, as he unveils a pay freeze for doctors, dentists, and hospital consultants.
- Consumer groups attack delay to reform of PPI market
Wed, 10 Mar 2010 10:36:31 GMT
Consumer bodies urge Financial Services Authority to push ahead with reform of PPI after it announces a further six week consultation period.
- Euro equities face long debt struggle in wake of Greek crisis
Wed, 10 Mar 2010 10:01:00 GMT
Economists warn that austerity measures in the PIIGS will result in a protracted period of low growth.
BBC Business News
- BA strike talks end without deal
Wed, 10 Mar 2010 20:31:47 GMT
Talks between British Airways and Unite aimed at averting strike action by cabin crew break down without agreement.
- 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.
- British Gas faces strike ballot
Wed, 10 Mar 2010 17:55:33 GMT
British Gas workers are to vote in a strike ballot over allegations of bullying by management, and on changes to working conditions.
BBC News
- Afghan anxieties
Wed, 10 Mar 2010 20:37:19 GMT
Why the UK fears politics and force are out of synch
- BA strike talks end without deal
Wed, 10 Mar 2010 20:31:47 GMT
Talks between BA and the Unite union aimed at averting strike action by cabin crew break down without agreement.
- Man charged with terror offences
Wed, 10 Mar 2010 20:16:22 GMT
A 30-year-old Tyneside man has been charged with a series of terror offences, police said.
- Ex-chief warns over defence funds
Wed, 10 Mar 2010 20:01:42 GMT
Ministers will have to cut back all but the most essential defence projects to meet a funding shortfall, a former defence chief warns.
