European equities markets were mixed Thursday as miners declined on lower copper prices but most banks managed gains on the session. The FTSE 100 was 0.11 percent lower to 5,527.16 in London, but the FTSE 250 added 0.55 percent to 9,665.29. Asset management group Schroders (LSE: SDR; SDRt) led gainers on the 100 as non-voting […]
European equities markets were higher Wednesday as miners saw gains on higher metals prices and after Greece’s cabinet approved new measures to try to get the nation’s debt under control. The FTSE 100 added 0.9 percent to 5,533.21 in London, while the FTSE 250 was up 0.14 percent to 9,612.17. Most miners were higher on […]
European markets were up Tuesday, pushed higher by banks and miners. The FTSE 100 added 1.45 percent to 5,484.06 in London, while the FTSE 250 gained 1.25 percent to 9,598.65. British Airways (LSE: BAY) led the 100 as it added 6.17 percent, while the best performances in London came over on the 250 as plastics […]
European markets were higher Monday as commodities prices jumped, but some insurers were lower on the session. The FTSE 100 added 0.96 percent to 5,405.94 in London, while the FTSE 250 gained 1.45 percent to 9,479.83. In a mixed insurance sector, Prudential (LSE: PRU) dropped 12.03 percent to lead declines on the 100 and in […]
European equities markets were mixed Wednesday. In London, the FTSE 100 added 0.52 percent to 5,342.92 but the FTSE 250 was down 0.31 percent to 9,359.18. The gains for the 100 came as most banks advanced after US Federal Reserve Chairman Ben Bernanke said that US interest rates will remain low for the time being. […]
Equities markets in Europe were higher Thursday, led by a nearly 1 percent gain for the FTSE 100 in London. The 100 added 0.92 percent to 5,325.04 while the FTSE 250 was 0.59 percent higher to 9,385.27. Auto parts retailer Halford’s Group (LSE: HFD) was the biggest gainer in London as it added 12.05 percent […]
Equities markets were higher in Europe Wednesday. The FTSE 100 added 0.62 percent to 5,276.64 in London, while the FTSE 250 gained 1.67 percent to 9,329.92. IT services group Computacenter (LSE: CCC) led gainers on the 250 and in London generally as it added 10.15 percent, while the best performance on the 100 came from […]
European equities markets were higher Tuesday as banks and miners saw gains. The FTSE 100 added 1.48 percent to 5,244.06 in London, while the FTSE 250 gained 1.14 percent to 9.176.27. Barclays Bank (LSE: BARC) led gainers on the 100 as it added 6.8 percent on better than expected full year profits, while Royal Bank […]
European equities markets were lower Friday as several issues concerned investors, including a move by China to again raise bank reserve requirements there in an effort to cut lending and slow the nation’s economy. Other worries included continuing concerns about the Greek economy after fourth quarter data showed that it shrank more than expected, while […]
European equities markets were mixed Thursday as London markets saw gains but major markets on the continent were lower on the session. The FTSE 100 added 0.57 percent to 5,161.48 in London, while the FTSE 250 was 0.7 percent higher to 9,127.85. Sporting goods retailer Sports Direct International (LSE: SPD) added 7.94 percent on the […]
Equities markets in Europe were higher Wednesday on hopes that a solution can be found for debt problems plaguing some European nations ahead of meeting of European Union policymakers, scheduled for Thursday. The FTSE 100 was up 0.39 percent to 5,131.99 in London, while the FTSE 250 added 0.49 percent to 9,064.32. The insurance sector […]
European equities markets were mostly higher Tuesday, but the pan-European FTSE Eurofirst 300, which lists the top 300 companies by market capitalization in Europe, was down 0.02 percent to 979.15 on the session. In London, the FTSE 100 was up 0.38 percent to 5,111.84 and the FTSE 250 added 0.11 percent to 9,020.01. The biggest […]
Most European equities markets were higher Monday after last week’s declines on concerns about the economies of several nations in the region. The FTSE 100 added 0.62 percent to 5,092.33 in London, but the FTSE 250 was down 0.28 percent to 9,010.37. Insurers were mixed, with Legal & General Group (LSE: LGEN) leading declines in […]
European equities markets were lower again Friday as banks and miners continued to decline and investors worried about the health of the economic recovery. The FTSE 100 was down 1.53 percent to 5,060.92 in London, while the FTSE 250 fell 2.04 percent to 9,035.91. Inter-dealer money brokers, banks which handle transactions between other banks, had […]
European equities markets were significantly lower Thursday on concerns that the budget deficits of Greece, Spain and Portugal could be out of control, while a rise in first-time unemployment claims in the US also hurt the days results. The pan-European FTSE Eurofirst 300 fell below 1,000 as it dropped 2.75 percent on the session to […]
Equities markets in Europe saw declines Wednesday. The FTSE 100 was 0.57 percent lower in London, while the FTSE 250 fell 0.66 percent to 9,417.81. Homebuilder Taylor Wimpey (LSE: TW) turned in the best performance of the day in London as it added 3.9 percent on the 250, followed by fellow homebuilder Redrow (LSE: RDW), […]
European equities markets were higher Tuesday. In London, the FTSE 100 was up 0.68 percent to 5,283.31 while the FTSE 250 gained 1.81 percent to 9,480.77. Miner Eurasian Natural Resources (LSE: ENRC) led gains on the 100 as it added 4.6 percent on the session as all miners were higher, including best-in-sector iron-ore miner Ferrexpo […]
European equities markets were higher Monday as banks and miners saw gains. The FTSE 100 added 1.14 percent to 5,247.41 in London, while the FTSE 250 gained 0.81 percent to 8,312.11. Northumbrian Water Group (LSE: NWG) had the best day in London, adding 11.76 percent and leading the 250 on a media report that the […]
Equities markets in Europe were higher Friday, ending the week on a positive note. The FTSE 100 added 0.83 percent to 5,188.52 in London, while the FTSE 250 was up 0.26 percent to 9,237.3. Gem Diamonds (LSE: GEMD) led the 250, a mixed mining sector, and all gainers in London as it added 5.86 percent, […]
Equities markets in Europe were lower Thursday. The FTSE 100 fell 1.37 percent to 5,145.74 in London, while the FTSE 250 dropped 0.34 percent to 9,213.78. Miners were the biggest decliners, with only two gains in the sector, led by iron-ore miner Ferrexpo (LSE: FXPO), which added 2.52 percent, while Xstrata (LSE: XTA) turned in […]
Gender directive could slash men’s annuity payouts
The EU Gender Directive, which came into force today, could see men losing up to £10,000 from their annuity payouts, according to research by PricewaterhouseCoopers. Under the new rules insurers are no longer allowed to take gender into account when setting annuity rates and premiums on insurance products. Men previously enjoyed higher annuity rates than […]
Home rental costs down in November
The cost of renting a house in England and Wales fell by 0.4 per cent in November, its first dip since March, according to a survey by LSL Property Services. Average rent was £741m during the month, returning to the level seen in September. However, it was 3.4 per higher than in November last year. […]
Lloyds TSB halts sale of packaged accounts in branches
Lloyds TSB will stop selling packaged account in its branches from 1 January 2013, until its sales procedures are brought into line with those operated by sister bank The Halifax. Lloyds TSB is one of the main providers of packaged accounts in Britain, with around one in three of its customers choosing to pay fees […]
Housing market recovery to continue next year
Recent improvements in the housing market should continue into next year, according to the Council of Mortgage Lenders (CML) Gross lending is estimated to have increased to £12.9 billion in November, helped by the Funding for Lending scheme which provides banks and building societies with lower-cost funding, which they are then supposed to pass on […]
Newcastle Building Society exits interest-only mortgages
Newcastle Building Society has stopped offering interest-only mortgages to new borrowers, following the lead of the Royal Bank of Scotland, Nationwide, Co-operative bank and Coventry Building Society. The decision will not affect existing Newcastle customers and applications for interest-only mortgages received before 14 December will still be processed. Prior to the credit crunch, interest-only mortgages […]
Less than half of Brits considered creditworthy
Fifty-seven per cent of UK adults are at risk of having an application for credit turned down by a mainstream lender according to a new report. The ‘Mind the Credit Gap‘ report commissioned by aqua credit cards suggests that even people with a good credit rating and earning more than £50,000 could have a credit […]
Monthly incomes £22 lower in 2012
The average monthly income of UK households fell by £22 in real terms compared with last year, according to a survey carried out for the Bank of England (BoE) by NMG Consulting. People on lower incomes have seen their income eroded more than higher earners and households still have high levels of debt the BoE […]
Savers dig deep to fund Christmas
New research from the Halifax suggests that savers are funding their Christmas spending with money set aside for other purposes. Thirty-seven per cent of 2,138 savers surveyed by the bank at the end of November had withdrawn savings in the last three months. The average amount withdrawn was £1,186, more than double the average savings […]
Financial data at risk from unsafe passwords
According to a survey by the Payments Council the problem of having to remember a different password for several accounts means that many internet users are compromising the security of their financial data. Internet users have 22 password-protected accounts on average and many use the same log-in details for more than one account, even though […]
Wonga launches Paylater loans on retailer website
Payday loan company Wonga has launched a new Paylater service on furniture firm Cotswold Company’s website. The service, which allows customers to “buy now, pay later” will be introduced on other retailers’ sites in the near future. Although the Paylater branding is similar to Wonga’s, the Wonga name only appears in the small print. A […]
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