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
- Wednesday Closing Market: FTSE back at 4,000 as US car woes grow
Wed, 19 Nov 2008 16:59:07 GMT
Blue chip shares shed nearly 5% as nervous investors worry about impact of failing US car industry.
- Lloyds shareholders vent their anger
Wed, 19 Nov 2008 15:49:54 GMT
Lloyds shareholders voted overwhelmingly in favour of the planned merger with HBOS in Glasgow today, but not before a flurry of angry questions from individual shareholders, who say the deal may be a ?takeover too far? for Lloyds.
- Former Marshall Wace partner to run hedge fund for GAM
Wed, 19 Nov 2008 15:46:00 GMT
GAM is to launch a hedge fund for former Marshall Wace partner Mark Hawtin.
- Lloyds shareholders say yes to HBOS merger
Wed, 19 Nov 2008 13:53:53 GMT
Lloyds shareholders have given their approval to the proposed merger with HBOS in an extraordinary general meeting in Glasgow today.
Mortgage News
- Pink shuffles executive team
Wed, 19 Nov 2008 15:44:40 GMT
Pink Home Loans has shuffled its excutive team following the resignation of Barry Meeks, formerly chief executive of the Pink Home Loans Group.
- Lloyds shareholders vote yes to takeover
Wed, 19 Nov 2008 15:12:45 GMT
Shareholders in Lloyds TSB voted overwhelmingly in favour of acquiring HBOS.
- Complete appointed sole packager to Debt Advice
Wed, 19 Nov 2008 12:46:24 GMT
Debt Advice Network has appointed Complete Mortgage and Loan Services its sole packager.
- TCF sees 70% rise in requests for debt help
Wed, 19 Nov 2008 12:37:02 GMT
TCF Debt Solutions has seen monthly enquiries rise by 70% since June as the credit crunch has set in and the housing market continues to stagnate.
BBC Business News
- US consumer prices in record fall
Wed, 19 Nov 2008 22:30:00 GMT
US consumer prices dropped by a record 1% in October, sending Wall Street and European markets lower on renewed recession fears.
- US car bail-out compromise sought
Wed, 19 Nov 2008 21:49:16 GMT
US politicians are looking for a compromise plan to aid the country's crisis-ridden car industry.
- Government agrees Alitalia sale
Wed, 19 Nov 2008 19:47:39 GMT
The Italian government agrees to sell the bankrupt airline Alitalia to a business consortium, paving the way for a relaunch.
- Migrants' work stocked supermarkets
Wed, 19 Nov 2008 17:57:27 GMT
The migrant workers taken into care following a human trafficking raid in Lincolnshire were harvesting vegetables for a supplier to Tesco and Waitrose, it has emerged.
BBC News
- US shares plunge to five-year low
Wed, 19 Nov 2008 23:33:14 GMT
Wall Street plunges more than 5% on Wednesday to its lowest level in over five years on rising economic worries.
- BNP members 'targeted by threats'
Wed, 19 Nov 2008 22:33:21 GMT
BNP members say they have received threatening phone calls and e-mails after their details were published on the internet.
- Sergeant quits Strictly contest
Wed, 19 Nov 2008 22:13:48 GMT
John Sergeant has pulled out of BBC One's Strictly Come Dancing because winning would have been "a joke too far", he says.
- DR Congo rebels pull out to let aid in
Wed, 19 Nov 2008 22:13:25 GMT
Rebel forces in the Democratic Republic of Congo withdraw from two fronts north of Goma, as promised, to let aid in.
