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News and comment

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

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Citywire Investment News

  • Lloyds to cut 900 jobs
    Tue, 07 Feb 2012 13:56:29 Z
    Part-nationalised Lloyds Banking Group is to cut 900 jobs - part of wider plans unveiled last year to cull 15,000 posts across the company.
  • The Polar Cap tech team's take on Facebook hype
    Tue, 07 Feb 2012 13:48:50 Z
    Polar Capital?s Nick Evans and Ben Rogoff believe a successful Facebook floatation will act as a positive catalyst for other social media related stocks, particularly LinkedIn and Chinese company Sina.

FT.com - Financial Markets News

  • Resource suitors lead FTSE 100 lower
    Tue, 07 Feb 2012 21:07:21 GMT
    Xstrata and Glencore shares fall after confirmation of merger terms while the wider market is in stasis, waiting for clarity from Athens
  • US banks snap up bundled mortgage products
    Tue, 07 Feb 2012 20:07:16 GMT
    Banks increased their holdings of collateralised mortgage obligations by $82bn in the first nine months of 2011 spurred by low interest rates

Citywire News

  • QA: how to complain about your bank
    Tue, 07 Feb 2012 14:05:03 Z
    If you're unhappy with your bank or another financial services provider, check out our quick guide to filing a formal complaint.

BBC News

  • Gulf states fuel Syria isolation
    Tue, 07 Feb 2012 20:51:12 GMT
    Gulf Arab states expel Syria's ambassadors, accusing Damascus of shunning Arab efforts to end months of bloodshed, as Russian officials visit President Assad.
  • Euro 'could survive Greece exit'
    Tue, 07 Feb 2012 20:42:09 GMT
    Pressure is rising as Greece's government once more postponed a crucial meeting to agree tough reforms, as Europe's leaders openly discuss Greece leaving the euro.
  • Bonuses row 'threatens business'
    Tue, 07 Feb 2012 20:40:28 GMT
    George Osborne promises to fight an "anti-business culture", warning that the row over bonuses and pay threatens to undermine jobs and prosperity.
  • UK temperatures set to reach -15C
    Tue, 07 Feb 2012 20:02:34 GMT
    The UK is braced for its coldest night yet this winter as temperatures in some parts of England could reach as low as -15C.

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