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.
Citywire Investment News
BBC Business News
- Stamp duty change prompts pick-up
Thu, 23 Feb 2012 09:49:53 GMT
The number of mortgage approvals for house purchases hit a two-year high in January ahead of the withdrawal of a stamp duty concession.
- Credit Agricole has 3bn-euro loss
Thu, 23 Feb 2012 09:48:41 GMT
Credit Agricole reports a large loss for the three months to the end of December due to its exposure to Greek debt.
- British Gas owner profits up 1%
Thu, 23 Feb 2012 09:30:49 GMT
Centrica, the owner of British Gas, says profits stayed flat due to the effect of a slump in in demand in the UK.
- RBS bank's loss doubles in 2011
Thu, 23 Feb 2012 09:23:35 GMT
State-controlled Royal Bank of Scotland reports a loss of £2bn in 2011, its fourth year of losses since the bank's bailout in 2008.
Citywire News
- Why is the yen so high against the pound?
Thu, 23 Feb 2012 05:01:00 Z
Five years ago a pound could buy 250 yen. Now it's worth less than half that. But, writes Chris Towner of HiFX, things could soon change.
BBC News
- Probe into gender abortion claims
Thu, 23 Feb 2012 10:11:45 GMT
The Department of Health launches an inquiry into claims that doctors agreed to carry out abortions on the grounds of the sex of unborn babies.
- Germans remember neo-Nazi victims
Thu, 23 Feb 2012 10:07:56 GMT
German Chancellor Angela Merkel commemorates the victims of neo-Nazi violence at a ceremony in Berlin.
- Net migration to UK up by 15,000
Thu, 23 Feb 2012 10:07:25 GMT
Net migration to Britain remained steady at 250,000 in the year to last June, official figures showed.
- Putin rallies voters at stadium
Thu, 23 Feb 2012 10:07:18 GMT
Thousands of supporters hear Vladimir Putin deliver a strongly patriotic speech at a Moscow stadium as he bids for re-election as president of Russia on 4 March.
Citywire Money, Tax and Property
- Rents resume upward march
Fri, 17 Feb 2012 00:01:00 Z
Following two months of declines, the average monthly rent in England and Wales rose 0.1% in January to £712.