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
- Capita takes £17.9m hit from Arch Cru fallout
Thu, 23 Feb 2012 07:58:02 Z
Capita has reported costs of £17.9 million related to the fallout from the Arch Cru funds debacle in its results for 2011.
- RBS loses £2bn and hands £785m in bonuses
Thu, 23 Feb 2012 07:55:08 Z
The Royal Bank of Scotland has risked taxpayer fury as its bonus payments outstrip the size of its losses in 2011.
- Chatfeild-Roberts brands IMA Managed sectors 'rubbish'
Thu, 23 Feb 2012 07:18:33 Z
The head of Jupiter's Merlin fund range said the IMA's relabelling of the managed sectors was drivemore by fears of advisers being sued rather than improving clarity for investors.
- Thursday Papers: Serious Fraud Office admits Tchenguiz case errors
Thu, 23 Feb 2012 03:30:00 Z
And RBS bonus cuts offset by big salary increases.
Citywire Money, Tax and Property
- How to pay for long-term care of your loved ones
Wed, 22 Feb 2012 10:29:23 Z
The average person can expect to spend nearly 60% of their retirement in good health, but how will you pay for the other 40%?
- House prices see biggest rise in 10 years
Mon, 20 Feb 2012 10:19:30 Z
Asking prices rose 4.1% in February ? the biggest monthly increase since April 2002.
- What is a mortgage and how do I get one?
Fri, 17 Feb 2012 12:12:23 Z
We unpick the mortgage jargon to help you get to grips with the different types of loan that are available.
- Rents resume upward march
Fri, 17 Feb 2012 00:01:00 Z
Following two months of declines, the average monthly rent in England and Wales rose 0.1% in January to £712.
BBC News
- MEP arrested over fraud inquiry
Thu, 23 Feb 2012 08:47:57 GMT
West Midlands MEP Nikki Sinclaire is arrested on suspicion of conspiracy to defraud the European Parliament.
- Daley ready for Olympic pressure
Thu, 23 Feb 2012 08:40:06 GMT
British teenage diver Tom Daley says he can handle the pressure of taking part in an Olympics on home soil.
- Ulster Bank losses reach £1bn
Thu, 23 Feb 2012 08:31:38 GMT
The Ulster Bank announces an operating loss of £1bn for 2011.
- Inbetweeners stars get Sky series
Thu, 23 Feb 2012 08:28:10 GMT
World War II sitcom Chickens - created by Inbetweeners stars Joe Thomas and Simon Bird, and comedian Jonny Sweet - is picked up by Sky1 HD.
BBC Business News
- RBS bank posts £2bn loss for 2011
Thu, 23 Feb 2012 08:23:25 GMT
State-controlled Royal Bank of Scotland reports a loss of £2bn in 2011, its fourth year of losses since the bank's bailout in 2008.
- Credit Agricole has 3bn-euro loss
Thu, 23 Feb 2012 08:21:24 GMT
Credit Agricole reports a large loss for the three months to the end of December due to its exposure to Greek debt.
- British Gas owner profits up 1%
Thu, 23 Feb 2012 07:57:31 GMT
Centrica, the owner of British Gas, says profits stayed flat due to the effect of a slump in in demand in the UK.
- Etisalat to exit Indian venture
Thu, 23 Feb 2012 07:16:33 GMT
Abu Dhabi-based telecoms firm Etisalat says it is closing down its India operations after a recent Supreme Court order cancelled its licence.
