18:07 | 12 May 2008
| By
Iain Martin
Northern Rock has stepped back into the mortgage market, cutting as much as 0.6% from rates in its new, simplified mortgage range.
17:00 | 12 May 2008
| By
Matthew Goodburn
The FTSE 100 closed almost 16 points ahead on Monday, driven by surging commodities and a positive start across the Atlantic.
15:51 | 12 May 2008
| By
Sara Smith
JPMorgan Asset Management (JPMAM) is the latest group to tap into the infrastructure story.
15:43 | 12 May 2008
| By
Iain Martin
Former mortgage lender Edeus has revealed details of its plan to distribute Newcastle Building Society’s savings accounts.
14:05 | 12 May 2008
| By
Edward Lander
The pensions industry wants VAT exemption for occupational pension fund management
14:00 | 12 May 2008
| By
Nicholas Paler
Rumours of a takeover coupled with the prospects for UK firms overseas helped push the FTSE 100 higher by lunchtime.
13:37 | 12 May 2008
| By
David Campbell
The WAY Group has launched a cautious managed fund to be managed on its behalf by John Husselbee of North Investment Partners.
13:36 | 12 May 2008
| By
Dylan Lobo
Net retail sales of investment funds feel by £3 billion year-on-year in the first quarter.
13:27 | 12 May 2008
| By
Iain Martin
Northern Rock has lowered the amount owing to the Bank of England to £24.1 billion from £26.9 billion even though the number of mortgages slipping into arrears has increased.
12:10 | 12 May 2008
| By
Michelle McGagh
Peter Tyler, retail team director at the British Bankers Association, has hit back at the FSA's proposal to label multi-tied and tied advisers as sales. Meanwhile, advisers are alarmed at the FSA's suggestion that indemnity commission could still have a role after the retail distribution review.
12:00 | 12 May 2008
| By
Matthew Goodburn
Banking giant HSBC provided investors with some relief on Monday morning by reporting resilient first quarter trading and a better than feared credit crunch related writedown.
11:53 | 12 May 2008
| By
Edward Lander
The prime minister has launched a consultation on Britain's care system, asserting it faces a £6 billion shortfall in 20 years unless radical changes are made.
11:50 | 12 May 2008
| By
Nicholas Paler
British Gas owner Centrica was up over 2% this morning despite announcing profits were under pressure because of high wholesale gas prices.
11:40 | 12 May 2008
| By
Iain Martin
Knight Funding has closed its mortgage packaging arm because of poor market conditions and has linked with BDS Mortgages to handle its pipeline business.
11:08 | 12 May 2008
| By
David Campbell
BNY Mellon Asset Management director of wholesale business Mark Allpress is considering his options within the company after his role was made redundant last month.
10:46 | 12 May 2008
| By
Matthew Goodburn
New Star Asset Management is merging its underperforming Japan and North American funds into its Pacific Growth and American fund of funds portfolio respectively.
10:41 | 12 May 2008
| By
Michelle McGagh
In a speech today leader of the Liberal Democrats Nick Clegg will call for stricter legislation to close tax loopholes that make London accountancy rules look like ‘a Swiss cheese’.
10:31 | 12 May 2008
| By
Dylan Lobo
Openwork and Octopus haved teamed up to launch three multi-asset funds later this year.
10:29 | 12 May 2008
| By
Iain Martin
Nearly half of those surveyed in a recent poll want house prices to maintain their strength while more than a quarter told market research company ICM they would welcome more falls.
10:09 | 12 May 2008
| By
David Campbell
Judging by this May's Citywire reader survey advisers, such as Rowan Financial Tim Cockerill (above), seem to have missed the memo which recently circulated among property managers informing them that the market has hit the floor.
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