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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.

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.

Citywire Investment News

James Montier: The 'Austerians' will destroy the recovery and usher in deflation
Fri, 30 Jul 2010 13:33:04 +0100
The 'Austerians' could destroy an economic recovery and increase the likelihood of deflation, warns influential investor James Montier.

Saints hikes divi and expects shareholder payouts to rise
Fri, 30 Jul 2010 13:10:40 +0100
Manager of the Baillie Gifford trust Patrick Edwardson says as the global economic recovery picks up, so too will company profits and their payouts to shareholders.

Exeter IFA firm strikes outsourcing deal with Brooks Macdonald
Fri, 30 Jul 2010 12:54:27 +0100
RK Shipman has entered into an agreement with Brooks Macdonald for the London based asset manager to run its clients' money.

Push start from Fidelity helped Ocado get its flotation away
Fri, 30 Jul 2010 11:56:34 +0100
Ocado had to rely on existing shareholders - and fund management group Fidelity in particular - to get its recent stock market flotation away.

BBC Business News

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Counties appear set to be dropped from postal addresses in future years after complaints about out-of-date names.

Interns are 'entitled to be paid'
Fri, 30 Jul 2010 23:00:34 +0000
Many young people working free as interns may legally be entitled to pay, a report says.

Tax credit overpayments 'to soar'
Fri, 30 Jul 2010 23:00:09 +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.

Sale of EDF's UK networks agreed
Fri, 30 Jul 2010 22:21:50 +0000
A consortium headed by Hong Kong billionaire Li Ka-Shing has agreed a deal to buy the UK networks of French power group EDF for £5.8bn ($9.1bn).

Citywire News

Saturday Papers: tips and comment
Sat, 31 Jul 2010 07:00:00 +0100
Better hope the latest US GDP numbers are very wrong on the downside

Saturday Papers: US growth falls back to 2.4% - other news
Sat, 31 Jul 2010 07:00:00 +0100
Consumption growth fell to 1.6% from 1.9%

Saturday Papers: Buy-out groups eye $1bn stake in Nokia Siemens Network - bid news and gossip
Sat, 31 Jul 2010 07:00:00 +0100
PPR receives ?significant signs of interest? in its retail arms

Sterling climbs on US woes but are we really faring better?
Sat, 31 Jul 2010 00:01:00 +0100
The pound has leapt to a five-month high against the dollar as investors compare the UK favourably with the US. Are these hopes valid?

BBC News

Woman killed in Cookstown crash
Sat, 31 Jul 2010 11:38:22 +0000
A 27-year-old woman has died in hospital following a car crash in Cookstown, County Tyrone.

Hamas fighter dies in air strikes
Sat, 31 Jul 2010 11:37:40 +0000
A Hamas militant is killed and several are injured by Israeli air strikes on the Gaza Strip, hours after a Palestinian rocket hit the southern Israeli city of Ashkelon.

Pakistan flooding 'affects 1m'
Sat, 31 Jul 2010 11:34:09 +0000
A million people in north-west Pakistan are affected by the country's worst monsoon floods in living memory, the UN says, as local officials put the death toll at 800.

Ennis ready for heptathlon battle
Sat, 31 Jul 2010 11:33:08 +0000
Great Britain's Jessica Ennis admits she faces a tough battle in the last two events if she is to add European heptathlon gold to her world title.

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