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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 News
- Pru shareholders force Thiam to reject SocGen job offer
Thu, 18 Mar 2010 17:59:42 GMT
Chief executive of insurer says no to offer from SocGen following pressure from shareholders.
- Broker Roundup Update: ING negative on LG
Thu, 18 Mar 2010 16:09:00 GMT
Morgan Stanley initiates coverage of Lancashire Holdings with an overweight and 588p target.
- Skipton may face legal action over mortgage rate hike
Thu, 18 Mar 2010 11:58:48 GMT
Skipton Building Society may have breached consumer contract regulations by hiking its standard variable mortgage rate (SVR), a London law firm has claimed.
- Mortgage costs rising for people with small deposits, says BoE
Thu, 18 Mar 2010 11:42:59 GMT
Increased competition means mortgages are getting cheaper but only for people with a 25% deposit or more.
- Government borrowing hits record high for February
Thu, 18 Mar 2010 10:49:51 GMT
Borrowing touched another record high but was lower than most expected - good news for Chancellor Darling ahead of next week's Budget.
BBC Business News
- No joke
Thu, 18 Mar 2010 18:19:58 GMT
How China dominates the quirky gift industry
- Drugs giant Teva buys Ratiopharm
Thu, 18 Mar 2010 18:02:52 GMT
Israeli generic drugs giant Teva buys German firm Ratiopharm for 3.6bn euros (3.2bn, $4.9bn).
- Last-ditch bid to end BA dispute
Thu, 18 Mar 2010 17:48:43 GMT
British Airways' boss Willie Walsh and the joint leader of the Unite union, Tony Woodley, try to avert this weekend's strike.
- MS boss Rose to take 25% pay cut
Thu, 18 Mar 2010 16:55:29 GMT
Marks and Spencer's chief executive and chairman Sir Stuart Rose will give up his executive role in July and take a 25% pay cut.
- Cartel Client Review closed down
Thu, 18 Mar 2010 16:44:23 GMT
One of the biggest claims management companies, Cartel Client Review, has been shut down by the Ministry of Justice.
BBC News
- Kidnapped Sahil Saeed back in UK
Thu, 18 Mar 2010 18:39:57 GMT
A five-year-old British boy kidnapped in Pakistan two weeks ago arrives back in the UK with his father.
- Nigeria recalls Libya ambassador
Thu, 18 Mar 2010 18:30:04 GMT
Nigeria recalls its ambassador to Libya after leader Muammar Gaddafi suggested Nigeria be divided into two states.
- US health bill 'will cut deficit'
Thu, 18 Mar 2010 18:24:33 GMT
Congressional officials say the healthcare bill will cut the deficit by $138bn over 10 years, ahead of a possible vote on Sunday.
- Facebook rules out 'panic button'
Thu, 18 Mar 2010 18:19:01 GMT
Facebook says it will not install a "panic button" on its main pages for users to report suspected paedophiles, but will develop its existing reporting system.
- Ashcroft tax status row continues
Thu, 18 Mar 2010 18:16:04 GMT
The Lord Ashcroft row reopens despite documents confirming he did not have to have to be a full UK taxpayer to become a peer.
