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 Money, Tax and Property
- Mortgages: a tracker could save you money
Sat, 31 Jul 2010 00:01:00 +0100
If economists' forecasts are right and the Base Rate is really set to remain at 0.5% until the end of 2013, then trackers look a much better bet than fixed rate mortgages.
- House prices: Nationwide reports first drop since February
Thu, 29 Jul 2010 08:24:53 +0100
Nationwide has reported a 0.5% drop in the price of an average UK property, adding to evidence that prices are heading lower.
- House prices rise slightly in June
Wed, 28 Jul 2010 13:07:44 +0100
Land Registry reports 0.1% rise in June following May?s slight fall. Figures come in contrast to other indices which are showing falling prices.
- Morning Line: interest rate rise or not, savers are unlikely to benefit
Mon, 26 Jul 2010 11:51:04 +0100
Seldom have economists been so divided over when interest rates will rise. But whatever happens, it is unlikely that savers will benefit.
BBC Business News
- Addresses set to lose county name
Sat, 31 Jul 2010 02:58:54 +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Counties appear set to be dropped from postal addresses in future years after complaints about out-of-date names.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).
BBC News
- Newspaper review
Sat, 31 Jul 2010 05:15:38 +0000
Papers reflect on Prescott claim that "tittle tattle led us to war"
- Deaths rise in South Asia monsoon
Sat, 31 Jul 2010 05:15:06 +0000
Floods caused by heavy monsoon rain kill more than 400 people in Pakistan and Afghanistan, washing away whole villages, roads and bridges.
- Tables turned on top QC
Sat, 31 Jul 2010 04:44:45 +0000
Jonathan Sumption, one of Britain's top barristers, talks to Matt Stadlen about whether judges have too much power, why history matters, the secret to a good cross-examination and why he applauds inequality.
- Change call after Australia fires
Sat, 31 Jul 2010 04:26:43 +0000
A report into Australia's worst bushfires recommends sweeping changes to the way the government responds to natural disasters.