News and comment
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updated to bring you news of important developments in financial matters.
Citywire Investment News
BBC Business News
- High Streets bid for £1m funding
Sat, 04 Feb 2012 11:35:58 GMT
The government is looking for 12 run down High Streets in England to share £1m as a part of plans proposed by TV retail guru Mary Portas.
- Europe hit by Russia gas shortage
Sat, 04 Feb 2012 01:28:56 GMT
Freezing weather sweeping across Europe is causing a shortage of vital Russian gas supplies to several countries, officials say.
- Annuity sales 'unfair and opaque'
Sat, 04 Feb 2012 00:01:34 GMT
The way annuities are sold is costing half a million retirees each year as much as £1bn in future pension income, the National Association of Pension Funds says.
Citywire Money, Tax and Property
- Mansion tax: a terrible, unworkable idea
Wed, 25 Jan 2012 11:58:02 Z
Vince Cable?s plan to impose a tax on properties worth more than £2 million is impractical, unethical and cowardly, argues Linton Chiswick.
FT.com - Financial Markets News
- Positive employment data lift US stocks
Fri, 03 Feb 2012 23:12:45 GMT
US stocks hit six-month high on news that unemployment fell to a three-year low in January with banks among the main beneficiaries
- Stocks surge on strong US jobs data
Fri, 03 Feb 2012 22:46:46 GMT
Equities and commodities benefit from robust US employment data with the FTSE All-World index at its best levels since start of August
BBC News
- Syria forces 'in Homs massacre'
Sat, 04 Feb 2012 16:21:35 GMT
Activists say Syrian forces killed more than 200 people in Homs overnight in the worst violence since anti-government protests began - the government denies it.
- Much of Britain braced for snow
Sat, 04 Feb 2012 16:19:59 GMT
Heavy snow is forecast for most of the UK later, with warnings of likely disruption to rail, road and air travel.
- Europe freeze hits transport hubs
Sat, 04 Feb 2012 16:19:00 GMT
Freezing weather hits transport hubs across Europe, as a cold spell that has now claimed 260 lives continues.
Citywire News