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 News
- Ten years after the tech bubble burst, the sector now looks cheap
Wed, 10 Mar 2010 12:07:57 GMT
Tech is still only trading on a multiple of 1.1x the market - despite an anticipated MA boom as the new cycle of technology kicks in.
- The economy is not yet out of danger, Gordon Brown warns
Wed, 10 Mar 2010 11:49:21 GMT
You can trust me, prime minister says, as he unveils a pay freeze for doctors, dentists, and hospital consultants.
- Weak manufacturing data throws doubt on pace of the recovery
Wed, 10 Mar 2010 11:26:40 GMT
A shock fall in manufacturing data put yet more pressure on the pound.
- Consumer groups attack delay to reform of PPI market
Wed, 10 Mar 2010 10:36:31 GMT
Consumer bodies urge Financial Services Authority to push ahead with reform of PPI after it announces a further six week consultation period.
- Market Update: Unexpected fall in industrial production halts early advance
Wed, 10 Mar 2010 10:05:02 GMT
Banks and miners continue to lend support and Tullett Prebon surge after confirming a bid approach.
BBC Business News
- Top public servants' pay frozen
Wed, 10 Mar 2010 12:59:05 GMT
Thousands of top-earning public sector workers, including judges and NHS managers, will have their pay frozen next year.
- BA strike action talks under way
Wed, 10 Mar 2010 12:37:04 GMT
Talks aimed at averting strike action by BA cabin crew are continuing at the TUC, after a deadline was extended.
- Cardiff given time over tax bill
Wed, 10 Mar 2010 11:57:52 GMT
Cardiff City are given eight more weeks by the High Court to settle an outstanding tax bill.
- Economic storm not over, says PM
Wed, 10 Mar 2010 11:54:54 GMT
Gordon Brown warns of economic storms ahead but vows not to "let you down" as the date of the Budget is announced.
- EMI name ex-ITV chief as chairman
Wed, 10 Mar 2010 11:53:35 GMT
Troubled record company EMI - whose artists include Coldplay - has named former ITV boss Charles Allen as its new chairman.
BBC News
- Pakistan kidnap father in return
Wed, 10 Mar 2010 13:10:56 GMT
The father of a British boy kidnapped in Pakistan is returning to the UK, against the wishes of the country's police, the BBC learns.
- 'Bali bomber' killed in Indonesia
Wed, 10 Mar 2010 13:07:03 GMT
Indonesia's President Yudhoyono confirms security forces killed Bali bomb suspect Dulmatin in raids in Jakarta on Tuesday.
- Berezovsky wins poison libel case
Wed, 10 Mar 2010 13:06:18 GMT
Oligarch Boris Berezovsky wins his libel case over claims he was behind the murder of Alexander Litvinenko.
- Junk mail quiz
Wed, 10 Mar 2010 13:04:06 GMT
Test yourself, now Royal Mail will no longer limit the stuff
- Onions ruled out of opening Test
Wed, 10 Mar 2010 13:02:37 GMT
England bowler Graham Onions is ruled out of the first Test against Bangladesh with a back injury, but there are more encouraging signals about Stuart Broad.
