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News and comment

Welcome to your on-line financial newsletter. This service is regularly updated to bring you news of important developments in financial matters.

The news stories on this page have been written and produced by a third party and neither nor its representatives can be held responsible for the accuracy of the content/information contained within these stories.

Citywire Investment News

• Investment Line: Has the recession permanently damaged UK GDP?
  Fri, 03 Sep 2010 14:00:34 +0100
  Measuring whether the UK's ouput gap is closing or lost forever after the downturn is playing a key role in determining monetary policy.
  

• Global markets soar as US jobs data brings more cheer
  Fri, 03 Sep 2010 13:58:10 +0100
  Today's US jobs data came in much better than expected dampening fears the world's largest economy is heading back towards recession.
  

• Wealth managers recover second quarter losses
  Fri, 03 Sep 2010 13:20:46 +0100
  Research from Asset Risk Consultants (Arc) shows wealth managers managed to recover some of the losses from dreadful in May and June.
  

• The financial crisis isn?t the problem ? it's expensive old people
  Fri, 03 Sep 2010 12:18:23 +0100
  We risk ignoring 'the fiscal challenge of the 21st century'.
  

BBC Business News

• Need to cut deficit 'supported'
  Sun, 05 Sep 2010 22:23:37 GMT
  Many people are in favour of taking steps to reduce the government deficit but they are less clear on where spending should be cut, a poll commissioned by the BBC suggests.
  

• Merger mania
  Sun, 05 Sep 2010 16:48:59 GMT
  Banks benefit, but what about the real economy?
  

• Need to cut deficit 'supported'
  Sun, 05 Sep 2010 16:01:49 GMT
  Many people are in favour of reducing the deficit but they are less clear about where cuts should be made, a BBC poll suggests.
  

• Security stepped up at Kabul Bank
  Sun, 05 Sep 2010 11:14:41 GMT
  Armed police are posted outside the main branch of Kabul Bank as customers continue to withdraw money amid fears it may collapse.
  

Citywire Money, Tax and Property

• Landlords brace themselves for benefit caps
  Mon, 06 Sep 2010 00:01:00 +0100
  There are concerns that cutbacks in Local Housing Allowance will push increasing numbers of tenants into arrears. But demand for rental properties remains high, so what is the outlook for landlords?
  

• The end of the 'cheap mortgage'
  Sun, 05 Sep 2010 00:01:00 +0100
  Linton Chiswick questions whether the regulator is about to call time on the last remaining ?cheap mortgage?.
  

• Mortgages: cut out the middle man for the best rates
  Sat, 04 Sep 2010 00:01:00 +0100
  Increasingly, high street banks are not only by-passing brokers ? the only place a potential homebuyer can get truly impartial advice on a home loan ? but they are restricting their best offers to existing customers.
  

• FSA fines and censures mortgage brokers over fraud
  Tue, 31 Aug 2010 13:37:07 +0100
  The Financial Services Authority has banned one mortgage broker and fined another for failing to prevent false mortgage applications being made to lenders.
  

Citywire News

• Dawn Chorus: Stock markets upbeat on optimism about US economy
  Mon, 06 Sep 2010 03:58:00 +0100
  Investors eye a series of central bank meetings for signs of confidence over the state of recovery in developed economies.
  

• Monday Papers: tips and comment
  Mon, 06 Sep 2010 03:50:00 +0100
  Carrefour is in partial retreat over emerging markets.
  

• Monday Papers: Santander could hire 6,000 new staff - other news
  Mon, 06 Sep 2010 03:49:00 +0100
  The spanish lender launches a recruitment drive as it presses ahead with UK expansion.  
  

• Monday Papers: Private equity groups line up bids for Polkomtel - bid news and gossip
  Mon, 06 Sep 2010 03:45:00 +0100
  Potential suitors are lining up ?4bn leveraged buy-out bids for Poland?s leading mobile phone operators.
  

BBC News

• Moldova vote on president 'fails'
  Mon, 06 Sep 2010 05:01:48 GMT
  Moldova's prime minister acknowledges that a referendum to make presidents directly elected has failed to gain enough voters.
  

• Pakistan bomb hits police station
  Mon, 06 Sep 2010 04:54:35 GMT
  A suspected suicide bombing in north-west Pakistan has killed at least 14 people at a police station, officials say.
  

• Paper review
  Mon, 06 Sep 2010 04:52:54 GMT
  Phone-hacking allegations continue to be reported widely
  

• Indian Maoists release policemen
  Mon, 06 Sep 2010 04:30:51 GMT
  Maoist rebels in the eastern Indian state of Bihar release three policemen they were holding hostage for eight days, police say.