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
- Buckles unveils pilot to smooth way for simplified advice
Fri, 30 Jul 2010 08:21:00 +0100
Rhyl based adviser firm announces plans for basic advice pilot with view towards a simplified advice proposition
- Why are Brewin and Collins Stewart piling up so much cash?
Fri, 30 Jul 2010 08:11:49 +0100
The longer these wealth management firms keep their powder dry, the more one suspects there may be other reasons for hoarding cash.
- Bonus rules will hit wealth managers' competitiveness with IFAs
Fri, 30 Jul 2010 08:04:32 +0100
Apcims says the proposed rules that bring banking and wealth management codes into line could raise competition issues for discretionaries and IFAs
- Novia unveils reporting tool to facilitate audit trails
Fri, 30 Jul 2010 08:00:00 +0100
Wrap platform Novia has launched a reporting tool allowing users to create audit trails that satisfy the regulator and cut back office staff requirements.
- Earn CPD the fun way: Write for us, climb a mountain or learn french
Fri, 30 Jul 2010 07:59:52 +0100
Wealth managers can build up continuing professional development points through a range of enjoyable activities
BBC Business News
- Takeover deal agreed for EDF UK
Fri, 30 Jul 2010 07:18:30 +0000
A consortium headed by Hong Kong billionaire Li Ka-Shing agrees to buy the UK arm of French power group EDF for £5.8bn ($9.1bn).
- Strikes and ash extend BA losses
Fri, 30 Jul 2010 07:09:30 +0000
BA reveals a steep quarterly loss of £164m after being hit by cabin crew strikes and disruption caused by the volcanic ash cloud.
- Chip sales boost Samsung profits
Fri, 30 Jul 2010 06:25:52 +0000
Samsung Electronics reports record quarterly profits thanks to higher sales of smartphones and components such as memory chips.
- Novel take on French home shortage
Fri, 30 Jul 2010 06:10:15 +0000
Young French people having difficulty finding affordable housing are being given the chance to help older members of society and put a roof over their own heads.
- Fugitive tycoon Nadir seeks bail
Fri, 30 Jul 2010 04:04:07 +0000
Fugitive Polly Peck tycoon Asil Nadir, who fled to northern Cyprus in 1993, begins a legal bid to be granted bail ahead of a UK theft trial.
Citywire News
- Foreign Colonial delivers despite £2.3 million hit from BP
Fri, 30 Jul 2010 07:41:20 +0100
Britain's oldest investment trust has posted strong outperformance over a tough six months where its private equity bet has finally come good for the portfolio.
- Technology firms drag Wall Street lower
Fri, 30 Jul 2010 07:14:34 +0100
Investors remained cautious as they await US GDP figures
- Friday Papers: tips and comment
Fri, 30 Jul 2010 03:29:00 +0100
The latest crop of quarterly earnings shows sector in rude health
- Friday Papers: IASB proposes accounting overhaul for insurers - other news
Fri, 30 Jul 2010 03:27:00 +0100
The board has proposed a single accounting system for the industry
- Friday Papers: Li Ka-shing pays £5.8bn for UK utility - bid news and gossip
Fri, 30 Jul 2010 03:23:00 +0100
KBC Peel Hunt unveils £74m staff-led buy-out from its Belgian parent
BBC News
- PSNI to show riot suspect images
Fri, 30 Jul 2010 07:42:49 +0000
The police are due to release images of 14 people they want to speak to in connection with rioting in north Belfast.
- Live - Hungarian GP practice
Fri, 30 Jul 2010 07:42:43 +0000
The first session of Friday's practice is about to get under way for the Hungarian Grand Prix.
- Festivals give anti-rape advice
Fri, 30 Jul 2010 07:41:13 +0000
The UK's leading music festival promoter is to give extra safety information after two alleged rapes at this month's Latitude Festival.
- Victim's remains taken to Dublin
Fri, 30 Jul 2010 07:35:48 +0000
Human remains found during a search for one of the disappeared in County Monaghan are taken to Dublin for post mortem examination.
- Awards double for Valentine band
Fri, 30 Jul 2010 07:29:20 +0000
Welsh rock band Bullet For My Valentine scoop two prizes at this year's Kerrang! Awards, including best British group for the third year running.
