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


Citywire Investment News

  • Electra seen as top pick for private equity
    Fri, 30 Jul 2010 10:45:30 +0100
    The trust continues to struggle in the difficult market conditions but at a 30.8% discount, Oriel Securities sees it as a top buy to play a revival in private equity.  
  • Newcits: hedge funds just don?t get it
    Fri, 30 Jul 2010 10:39:14 +0100
    Newcits have been hailed as a revolution in the funds business, but we are still in the early stages and the more dramatic transformation is yet to come

Citywire Money, Tax and Property

  • 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 - Financial Markets News

  • Investors drop risk ahead of US GDP data
    Fri, 30 Jul 2010 10:07:17 GMT
    Global Markets Overview: The FTSE All-World index is down 0.5% as Asian markets tumble, while futures markets are pricing in lower opening prices for New York?s SP 500 index
  • Signs of slowdown in Japanese recovery
    Fri, 30 Jul 2010 04:25:03 GMT
    Fresh data reveal an unexpected rise in the unemployment rate and a drop in industrial production amid the country?s ongoing battle with deflation

BBC News

  • Mugabe mourns after sister dies
    Fri, 30 Jul 2010 10:22:42 +0000
    Zimbabwe's President Robert Mugabe is in mourning after his younger sister, Sabina, died, aged 76.
  • US has 'deadliest Afghan month'
    Fri, 30 Jul 2010 10:19:38 +0000
    American forces are recorded as having experienced their deadliest month in Afghanistan, with 63 US service members killed in July.
  • Disney sells Miramax film studios
    Fri, 30 Jul 2010 10:16:58 +0000
    Walt Disney announces the sale of its Miramax film division for about $660m to a group of private equity investors.
  • Expenses four in appeals defeat
    Fri, 30 Jul 2010 10:12:42 +0000
    Three ex Labour MPs and an ex-Tory peer lose appeals over a ruling that they are not protected from prosecution over expenses fraud allegations.

BBC Business News

  • Disney sells Miramax film studios
    Fri, 30 Jul 2010 10:16:58 +0000
    Walt Disney announces the sale of its Miramax film division for about $660m to a group of private equity investors.
  • Strikes and ash extend BA losses
    Fri, 30 Jul 2010 10:09:02 +0000
    BA reveals a steep quarterly loss of £164m after being hit by cabin crew strikes and disruption caused by the volcanic ash cloud.
  • Sale of EDF's UK networks agreed
    Fri, 30 Jul 2010 09:50:38 +0000
    A consortium headed by Hong Kong billionaire Li Ka-Shing agrees to buy the UK networks of French power group EDF for £5.8bn ($9.1bn).
  • Deadline for tax credits renewal
    Fri, 30 Jul 2010 09:35:38 +0000
    Families face missing out on financial assistance if they miss Saturday's deadline to renew tax credits.

FT.com - Equities

  • Mining losses erode London's July rally
    Fri, 30 Jul 2010 09:25:59 +0100
    London's strong June rally unravels further as traders worry about the outlook for global growth ahead of US economic data
  • Profit-taking and forecasts damp Europe
    Thu, 29 Jul 2010 20:18:08 +0100
    A rally in telecoms companies had put the eurozone core back into positive territory in early trading, but a poor performance on Wall Street later hit confidence

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