News and comment
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.
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
- Thursday Closing Market: Oil price tumbles alongside global stocks
Thu, 20 Nov 2008 16:53:20 GMT
Shares on both sides of the Atlantic suffered another day of declines, after more torrid economic news.
- Shareholders shoot down Eaglet director dealing changes
Thu, 20 Nov 2008 16:20:27 GMT
Shareholders have blocked plans to turn the Eaglet investment trust into a directors? dealing mandate, throwing the new ownership?s plans for the fund into disarray.
- Oil dips below $50 while US shares take another beating
Thu, 20 Nov 2008 14:56:35 GMT
US shares down again following yesterday's deep falls, as jobs data sends investors running for cover.
- RBS shareholders say yes to government bail-out
Thu, 20 Nov 2008 14:27:44 GMT
Shareholders approved the £20 billion bail-out backed by the government in a vote this afternoon.
Mortgage News
- Nationwide drops fixes but stays away from trackers
Thur, 20 Nov 2008 16:38:35 GMT
Nationwide is cutting fixed rate deals by up to 0.80% but has confirmed it has no current plans to introduce new trackers.
- Pink launches general insurance referral service
Thur, 20 Nov 2008 13:03:36 GMT
Pink Home Loans will now provide a general insurance referral service to its network members.
- Beckett doing all possible to avoid repossessions
Thur, 20 Nov 2008 12:52:09 GMT
Housing minister Margaret Beckett has assured the House of Commons that the government is using all its power to stave off revelations.
- Shapps calls housing target a con
Thur, 20 Nov 2008 12:44:23 GMT
Grant Shapps, shadow minister of housing, has called Gordon Brown's pledge to build 3 million homes by 2020 a con.
BBC Business News
- No agreement for US car bail-out
Thu, 20 Nov 2008 20:56:32 GMT
Carmakers given deadline to produce a viable recovery plan if they want a $25bn government bail-out.
- Recession fears hit stock markets
Thu, 20 Nov 2008 20:03:41 GMT
World stockmarkets falter amid growing concerns that the world economy is entering a protracted downturn.
- Russia pushes Ukraine on gas debt
Thu, 20 Nov 2008 18:05:20 GMT
Russia demands Ukraine to repay a $2.4bn gas debt, raising fears of a renewed dispute which could disrupt supplies to Europe.
- Mothercare sees its profit double
Thu, 20 Nov 2008 17:14:23 GMT
Baby goods retailer Mothercare says it is well-placed for Christmas as strong growth in its international and online business helps boost profits.
BBC News
- No agreement for US car bail-out
Thu, 20 Nov 2008 20:56:32 GMT
Carmakers given deadline to produce a viable recovery plan if they want a $25bn government bail-out.
- Madonna and Ritchie begin divorce
Thu, 20 Nov 2008 20:48:00 GMT
Singer Madonna and film director Guy Ritchie are start divorce proceedings at the High Court on Friday, according to court lists.
- Pc on BNP member list suspended
Thu, 20 Nov 2008 20:22:02 GMT
Merseyside Police suspend an officer after he is named on a list of British National Party (BNP) members.
- Recession fears hit stock markets
Thu, 20 Nov 2008 20:03:41 GMT
World stockmarkets falter amid growing concerns that the world economy is entering a protracted downturn.
