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
- Online pizza sales help Domino's shrug off downturn
Wed, 07 Jan 2009 08:42:02 GMT
Group expecting full year numbers to beat forecasts as online sales grow ever higher.
- MS closes 27 stores as downturn hits sales
Wed, 07 Jan 2009 08:24:26 GMT
High Street doyenne MS announced plans to cut 27 stores as it announced a sharp fall in like for like sales in the run up to Christmas.
- Wednesday's Other News Items: Icelandic government set to sue UK
Wed, 07 Jan 2009 07:55:40 GMT
- Wednesday's Bid News and Comments: IG bucks the downward trend
Wed, 07 Jan 2009 07:52:56 GMT
Citywire Money, Tax and Property
- London rents post record declines
Wed, 07 Jan 2009 00:01:00 GMT
Prime residential rents in central London have fallen dramatically over the past three months.
- Eurozone inflation falls to two year low
Tue, 06 Jan 2009 12:47:54 GMT
Inflation in the Eurozone is estimated to have dropped to 1.6% in December - its lowest level in two years, data showed today.
- Smaller firms face pensions decline
Tue, 06 Jan 2009 10:28:28 GMT
Pensions provision across smaller firms is rapidly deteriorating as schemes struggle to survive ?hostile? economic conditions, according to research.
- House prices dip another 2.5% in December
Tue, 06 Jan 2009 08:28:13 GMT
House prices ended the year with another sharp drop, according to Nationwide. The building society will not predict what will happen in 2009.
BBC Business News
- India IT boss quits over scandal
Wed, 07 Jan 2009 08:33:20 GMT
The boss of Satyam, India's fourth-biggest software firm, resigns after admitting to irregularities in its accounts.
- Row halts European gas supplies
Wed, 07 Jan 2009 08:17:54 GMT
Exports of Russian gas to Europe via Ukraine stop altogether with both countries accusing each other of turning off the tap.
- Blacks Leisure in profits alert
Wed, 07 Jan 2009 08:02:53 GMT
Blacks Leisure issues a profits warning after its boardwear business drags down sales in the run-up to Christmas.
- MS to close stores and cut jobs
Wed, 07 Jan 2009 07:36:27 GMT
Marks and Spencer says it plans to close 25 Simply Food stores and two of its regular stores, and cut 1,230 jobs.
BBC News
- Pressure grows for Gaza ceasefire
Wed, 07 Jan 2009 08:32:00 GMT
International pressure builds for Israel and the Palestinian militant group Hamas to accept a UN-backed truce.
- Family's new plea over lost son
Wed, 07 Jan 2009 08:29:24 GMT
The father of a missing islander says someone holds information that could solve the mystery to his disappearance.
- France to announce justice reform
Wed, 07 Jan 2009 08:28:02 GMT
President Sarkozy plans to scrap investigative magistrates, bringing French justice closer to the English-speaking world.
- PM's tour 'to hear economy woes'
Wed, 07 Jan 2009 08:25:30 GMT
Gordon Brown is to begin a three-day tour of England and Wales later which will include a cabinet meeting in the North West.
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.