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
- Qatar National Bank to sell Ansbacher's London wealth arm
Wed, 07 Jan 2009 00:01:00 GMT
Citywire can reveal that Ansbacher, the banking group owned by Qatar National Bank(QNB), is looking for a buyer for its London and Channel Islands based wealth management operations.
- PSigma?s fund of funds manager keen to lock-in ?Santa Rally? profits
Wed, 07 Jan 2009 00:01:00 GMT
Tom Becket, PSigma's Balanced Managed fund of funds manager, remains unconvinced by the rally in the markets during the festive period.
- Interest rates set to fall again on Thursday
Wed, 07 Jan 2009 00:01:00 GMT
The majority of experts expect a 50 basis point cut this week, but other methods may soon be needed to fire the UK economy.
- Ansbacher to sell wealth management divisions
Tue, 06 Jan 2009 18:39:52 GMT
Citywire undertands that Ansbacher Group has put its London and Channel Islands based wealth management operations up for sale.
Mortgage News
- Savills Lending Solutions teams up with Tiuta
Tue, 6 Jan 2009 17:05:30 GMT
- Yorkshire Bank offers fees-free remortgage deal
Tue, 6 Jan 2009 15:49:01 GMT
Yorkshire Bank has launched a fees-free remortgage deal meaning savings for borrowers of up to £999.
- SHIP members predict boom in drawdown business
Tue, 6 Jan 2009 11:41:39 GMT
Many equity release providers are predicting that drawdown business will account for 70% of the equity release market by 2010, research from Safe Home Income Plans shows.
- Bluefin brand launches with backing from AXA
Tue, 6 Jan 2009 11:09:21 GMT
A group of financial services firms have come together with backing from AXA to launch under a single brand called Bluefin.
BBC Business News
- Keen interest
Wed, 07 Jan 2009 00:15:49 GMT
The rates roulette for savers and borrowers
- Staff recruitment falling sharply
Wed, 07 Jan 2009 00:11:48 GMT
The number of new workers being recruited is falling sharply due to the worsening economic downturn, a survey finds.
- UK 2008 car sales to fall by 10%
Tue, 06 Jan 2009 23:57:15 GMT
UK car sales figures for the past year are expected to be more than 10% lower than sales in 2007.
- Final Woolworths stores shut down
Tue, 06 Jan 2009 20:12:47 GMT
The remaining 200 Woolworths stores across the UK close their doors after the High Street chain's final day of trading.
BBC News
- Apple to end music restrictions
Wed, 07 Jan 2009 00:27:13 GMT
Apple Inc agrees to start selling digital songs from its iTunes store without copy protection software.
- First out the door? Ulrika and Lucy face Big Brother's eviction vote
Wed, 07 Jan 2009 00:21:19 GMT
Ulrika Jonsson and Lucy Pinder are nominated for eviction from the Celebrity Big Brother house on Friday.
- Credit crunch warning for schools
Wed, 07 Jan 2009 00:15:07 GMT
The economic downturn could be about to hit funding for schools and children's services, a government committee warns.
- China's holiday rush begins early
Wed, 07 Jan 2009 00:00:04 GMT
Migrant workers make an early start home for the Lunar New Year as China's economic slowdown leaves many jobless.
