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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.

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FT.com - Financial Markets News

  • Investors drop risk after US GDP data
    Fri, 30 Jul 2010 21:43:20 GMT
    Global Markets Overview: The FTSE All-World index is down 0.5% following a lower-than-forecast GDP growth report for the US, and the yen and short-term US Treasuries are seeing record demand
  • BP move forces trusts to reduce returns
    Fri, 30 Jul 2010 21:34:58 GMT
    Investment trusts are being forced to cut pay-outs or dip into their reserves to fill the hole left by the suspension of BP?s dividend
  • Weak growth weighs on dollar
    Fri, 30 Jul 2010 21:22:47 GMT
    The dollar fell below Y86 for the first time in eight months on Friday as mounting concerns about the US economy led to broader weakness for the greenback
  • Growth fears leave Wall Street flat
    Fri, 30 Jul 2010 21:01:33 GMT
    Wall Street finished flat after spending most of the day in negative territory because of concerns about the slowing rate of economic growth

BBC News

  • Action call over prison education
    Sat, 31 Jul 2010 23:54:51 +0000
    The Liberal Democrats call on the government to ensure more prisoners take up educational courses while behind bars.
  • Clintons confirm Chelsea marriage
    Sat, 31 Jul 2010 23:53:48 +0000
    The only child of former US President Bill Clinton, Chelsea, is married to her banker boyfriend at a ceremony cloaked in secrecy.
  • Call over Scottish Water's status
    Sat, 31 Jul 2010 23:31:42 +0000
    Accountants KPMG say politicians should give "detailed consideration" to changing the status of Scottish Water.
  • Gove's academies: 1980s idea rebranded?
    Sat, 31 Jul 2010 23:27:49 +0000
    The academies schools pushed by Education Secretary Michael Gove bear more than a passing resemblance to the grant-maintained schools brought in under Margaret Thatcher, writes Mike Baker.

BBC Business News

  • Tax credits and child trusts
    Sat, 31 Jul 2010 14:25:49 +0000
    In this week's Your Money Sally Eden looks at tax credits and child trust funds.
  • Power cuts cripple emirate of Sharjah
    Sat, 31 Jul 2010 14:02:21 +0000
    Power cuts in the emirate of Sharjah have been causing a raft of problems for businesses, with whole districts having to be shut down.
  • Tax credit repayments 'to soar'
    Sat, 31 Jul 2010 12:39:55 +0000
    Many more people will face having to pay back some of the money paid to them as tax credits because of Budget changes, experts say.
  • Addresses set to lose county name
    Sat, 31 Jul 2010 08:07:44 +0000
    Counties appear set to be dropped from postal addresses in future years after complaints about out-of-date names.

Citywire Investment News


Citywire Money, Tax and Property

  • Mortgages: a tracker could save you money
    Sat, 31 Jul 2010 00:01:00 +0100
    If economists' forecasts are right and the Base Rate is really set to remain at 0.5% until the end of 2013, then trackers look a much better bet than fixed rate mortgages.
  • House prices rise slightly in June
    Wed, 28 Jul 2010 13:07:44 +0100
    Land Registry reports 0.1% rise in June following May?s slight fall. Figures come in contrast to other indices which are showing falling prices.

FT.com - Your Investments

  • Savers offered higher rates
    Fri, 30 Jul 2010 19:16:03 +0100
    Competitive savings deals paying between 3 and 4.25 per cent have been launched by banks and building societies

FT.com - Your Pension

  • Employees to pick retirement age
    Fri, 30 Jul 2010 18:51:52 +0100
    People will have more choice about when to stop working after the government this week launched a consultation on how to scrap compulsory retirement

FT.com - Your Tax

  • Wealth questions - Can I reclaim tax from redundancy?
    Fri, 23 Jul 2010 19:34:20 +0100
    The first £30,000 of my redundancy cash was tax-free but I paid 40 per cent tax on the remainder. I have now learnt that I could have put the balance into my pension to reduce any tax liability
  • Tax haven set to close accounts
    Fri, 23 Jul 2010 17:12:53 +0100
    Thousands of wealthy UK taxpayers with accounts in Liechtenstein face having their bank accounts closed

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