Latest: Investment News

Savings tops list of financial worries

Savings tops list of financial worries

There has been a substantial increase in the number of people worried about their finances over the past six months and savings are the main area of concern. A survey by financial advice site unbiased.co.uk discovered that 47 per cent of British people are more concerned about their savings than they were six months ago. […]

November 15, 2011 More
Santander launches Inflation Linked Savings Bond

Santander launches Inflation Linked Savings Bond

Santander UK has announced a new savings bond designed for people who want to inflation-proof their savings. The six-year Inflation Linked Savings Bond will pay the percentage rise in the Retail Price Index (RPI) when it matures, on top of the saver’s initial deposit. Savers can invest between £500 to £2 million in the bond […]

November 14, 2011 More
Low base rate could cost savers £43bn

Low base rate could cost savers £43bn

Campaign group Save our Savers today revealed the cost to savers of the Bank of England’s decision to hold the base rate at 0.5% for the 33rd successive month. The group estimates that the low interest rate combined with a retail price index at 5.6 per cent, its highest level for 20 years, and a […]

November 11, 2011 More
Halifax and Nationwide launch new ISAs

Halifax and Nationwide launch new ISAs

Halifax has improved its ISA offering with a better return on its five year fixed rate product. The ISA now pays 4.4 per cent, strengthening its position as the market leading long term fixed rate ISA. The product is an excellent option for savers who do not mind their savings being tied up for the […]

November 7, 2011 More
NS&I to cease selling via Post Office

NS&I to cease selling via Post Office

From November 28, National Savings and Investments (NS&I) will cease selling its accounts via the Post Office. It has been announced that the Government-backed NS&I will no longer sell investment or easy access savings accounts over the counter at the Post Office. NS&I runs Premium Bonds and a variety of savings products. However, from the […]

November 3, 2011 More
Scope launches £20m bond programme

Scope launches £20m bond programme

Disability charity Scope is to launch a £20 million bond programme to produce a new source of funds for its charitable activities. The move will see the charity become one of the first in the UK to enter the capital markets. The charity will team up with Investing for Good, a specialist social finance intermediary, […]

November 1, 2011 More
Euro debt crisis impacts on Goldman Sachs Q3 results

Euro debt crisis impacts on Goldman Sachs Q3 results

US banking giant Goldman Sachs has today reported a fall in third quarter profits. Goldman Sachs, which is the US’ largest investment bank, made a net loss of $393 million (£250 million) for the third quarter compared with profits of $1.9 billion a year earlier. The bank said trading was “significantly impacted” by the euro […]

October 18, 2011 More
BP gains on spill settlement

BP gains on spill settlement

European equities markets were lower Monday after a spokesman for the German government said a quick solution to the Eurozone debt crisis will not emerge from a meeting of European leaders scheduled for 23 October, after a plan for a solution was discussed over the weekend by G20 finance ministers and central bank leaders. No […]

October 17, 2011 More
Man Group, Jupiter Fund Management advance

Man Group, Jupiter Fund Management advance

European equities markets were higher Friday, with gains coming on hopes for a solution to the region’s debt crisis as the G20 finance ministers meet in Paris to discuss the crisis and a rescue plan that could cause holders of Greek bonds to take bigger losses. The gains came despite the third credit rating cut […]

October 14, 2011 More
Rolls-Royce group up on sale

Rolls-Royce group up on sale

European equities markets were lower Thursday after a warning from the European Central Bank, which said that making financial institutions that hold Greek bonds absorb more losses could imperil financial stability in the Eurozone, while markets were also hurt by data that exports from China were up 17.1 percent in September from last year, less […]

October 13, 2011 More
Ferrexpo leads London miners higher

Ferrexpo leads London miners higher

European equities markets were higher Wednesday after both the European Commission President and the European Union’s Economic and Monetary Affairs Commissioner said that banks need to be shored up as part of the answer to solving the Eurozone’s debt crisis, but gains came only after earlier declines on a delay in Slovakia’s approval of a […]

October 12, 2011 More
Retailer Mothercare adds 9 percent

Retailer Mothercare adds 9 percent

Most equities markets in Europe were lower Tuesday as questions remained about whether Slovakia will ratify the newly revised Eurozone bailout fund in a vote scheduled for later in the day. Slovakia is the only Eurozone nation that has not approved the new plan. The FTSE 100 was down 0.06 percent to 5,395.7 in London, […]

October 11, 2011 More
ARM Holdings best on 100

ARM Holdings best on 100

Equities markets in Europe were higher Monday, with gains coming on a promise by Germany’s chancellor and France’s president that they will create a plan to recapitalize banks and find solutions to the region’s debt crisis as they said they will have the plan worked out by a G20 summit scheduled for 3 November. The […]

October 10, 2011 More
RBS down on Moody’s downgrade

RBS down on Moody’s downgrade

European equities markets were higher in mid-afternoon trade Friday, helped by data from the US Labor Department that showed 103,000 jobs added to the US economy, more than expected, while the unemployment rate in the United States held steady at 9.1 percent. The FTSE 100 was up 0.16 percent to 5,299.77 in London at mid-afternoon, […]

October 7, 2011 More
Insurer Prudential adds nearly 12 percent

Insurer Prudential adds nearly 12 percent

European equities markets were higher Thursday after the European Central Bank and Bank of England both held interest rates steady, at 1.5 percent and at 0.5 percent respectively, while the ECB said it will restart covered-bond purchases and again offer year-long loans to banks, while the Bank of England will expand its program of bond […]

October 6, 2011 More
Vedanta, Ferrexpo lead 100, 250

Vedanta, Ferrexpo lead 100, 250

Equities markets in Europe were higher Wednesday on the possibility that Eurozone finance ministers will put in place ways to protect banks from the region’s debt crisis. The FTSE 100 was up 3.19 percent to 5,102.17 in London, while the FTSE 250 added 1.51 percent to 9,567.84. Miners led gains on both the 100 and […]

October 5, 2011 More
Tesco top gainer on 100

Tesco top gainer on 100

European equities markets were lower Tuesday on the possibility that the Greek bailout deal reached in July could be renegotiated, although the contemplated revisions are said to be of a technical nature. The FTSE 100 was down 2.58 percent to 4,944.44 in London, while the FTSE 250 dropped 3.33 percent to 9.425.93. Most retailers were […]

October 4, 2011 More
Home Retail tops gainers on 250

Home Retail tops gainers on 250

European equities markets were lower Monday on continuing concerns that the region’s debt crisis will get worse and spread, with some analysts saying that another recession is on the way. The FTSE 100 was down 1.03 percent to 912.34 in London, while the FTSE 250 dropped 0.7 percent to 9,750.56, with declines coming even though […]

October 3, 2011 More
Fresnillo gains among mostly lower miners

Fresnillo gains among mostly lower miners

European equities markets were lower Friday on further indications that the global economy is slowing as Chinese manufacturing activity remained in contraction, Eurozone inflation was up to 3 percent in August and German retail sales dropped 2.9 percent in August from the previous month in a much larger decline than expected. The FTSE 100 was […]

September 30, 2011 More
Wolseley best performer on 100

Wolseley best performer on 100

European equities markets were mostly higher Thursday on positive date from the United States, including a 1.3 percent gain in the US gross domestic product and a decline in first-time jobless claims last week, while gains were also helped after German lawmakers approved an increased contribution to a European fund to help Eurozone nations caught […]

September 29, 2011 More