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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.

The news stories on this page have been written and produced by a third party and neither nor its representatives can be held responsible for the accuracy of the content/information contained within these stories.
By selecting any of the news links you will be leaving our website and accessing the site of a third party.

Citywire Investment News

• Poor returns and ouflows force Carmignac to shut thematic fund
  Mon, 06 Feb 2012 14:39:02 Z
  Fifteen years after it was first launched, Carmignac Innovation  has 'not lived up to expectations', the French firm said.
  

• Elsa warns FSA life settlement fund ban has major implications
  Mon, 06 Feb 2012 14:34:09 Z
  The European Life Settlement Association have issued a strongly worded statement warning that a ban on Traded Life Policy Investments (TPLI) would damage other asset classes.
  

• Aussie firm sells 14 million Henderson shares
  Mon, 06 Feb 2012 13:27:10 Z
  Australian-based JCP Investment Partners has sold a little more than 14 million shares in the fund group ahead of its full-year numbers later this month.  
  

• Is the emerging market rally a red herring?
  Mon, 06 Feb 2012 13:26:40 Z
  Emerging markets dominate the list of the world's best-performing indices year to date but can the region continue to go from strength to the strength.
  

BBC Business News

• VIDEO: Chinese airlines 'to shun EU tax'
  Mon, 06 Feb 2012 19:45:22 GMT
  Beijing has banned Chinese airlines from taking part in the EU's Emissions Trading Scheme (ETS), aimed at cutting carbon emissions.
  

• Gers Whyte may have lied to court
  Mon, 06 Feb 2012 19:20:23 GMT
  BBC Scotland uncovers evidence which suggests Rangers owner Craig Whyte may have lied in court.
  

• Delay in Greece bailout meeting
  Mon, 06 Feb 2012 18:35:23 GMT
  Government talks in Greece to try to agree new austerity measures needed to secure bailout funds and avoid defaulting on its debts, are delayed.
  

• Gas price rises as freeze bites
  Mon, 06 Feb 2012 18:21:31 GMT
  The price of gas in the UK hits its highest level for five years as below-freezing temperatures lead to a surge in demand across Europe.
  

Citywire News

• FTSE drifts as Greek debt talks muddle on
  Mon, 06 Feb 2012 17:27:52 Z
  Britain?s benchmark index slips as Greek premier Lucas Papademos fails to win backing from other party leaders for more spending cuts.
  

• ?Toxic? pension system deprives retirees of 30% of income
  Mon, 06 Feb 2012 11:55:30 Z
  Retirees are missing out on £1 billion of income each year after falling foul of an opaque and unfair annuity market.
  

• Diary of a Dumb Investor: buying protection for the 2012 crash
  Mon, 06 Feb 2012 11:46:47 Z
  If 2011 took me unawares, much like Russian forces early in World War II, this year will be my Stalingrad ? and Personal Assets will help me turn the tide.
  

• Chart of the Day: Goldman Sachs says you?ll be richer this year
  Mon, 06 Feb 2012 10:58:47 Z
  And you won't have to endure a return to recession either, the bank's economists say.
  

BBC News

• Priest guilty of child sex abuse
  Mon, 06 Feb 2012 19:56:11 GMT
  A former Roman Catholic priest is found guilty of sexually abusing seven boys aged between seven 16.
  

• Attack on Nigeria police station
  Mon, 06 Feb 2012 19:55:39 GMT
  A police station comes under attack in the northern Nigerian city of Kano, while explosions are also reportedly heard in Maiduguri.
  

• Radical cleric Qatada given bail
  Mon, 06 Feb 2012 19:50:40 GMT
  Radical cleric Abu Qatada is granted bail following a hearing at the UK's Special Immigration Appeals Commission.
  

• Capello actions dismay PFA chief
  Mon, 06 Feb 2012 19:45:37 GMT
  Gordon Taylor, head of the Professional Footballers' Association, calls Fabio Capello's criticism of the FA's decision to oust John Terry as England captain "bizarre and disappointing".