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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.

Citywire Investment News

• Lloyds to cut 900 jobs
  Tue, 07 Feb 2012 13:56:29 Z
  Part-nationalised Lloyds Banking Group is to cut 900 jobs - part of wider plans unveiled last year to cull 15,000 posts across the company.
  

• Why it's too soon to call the end of treasuries' bull run
  Tue, 07 Feb 2012 13:55:24 Z
  Risk assets have got off to a good start this year but strategists are sceptical about calling time on treasuries' bull run with so much uncertainty remaining in the global economy.
  

• Skandia drops Aviva Investors from Best Ideas after job cuts
  Tue, 07 Feb 2012 13:53:29 Z
  Skandia Investment Group has removed Aviva Investors? manager Julius Lipner from running money for its Skandia UK Strategic Best Ideas fund, following the strategic review of the firm.
  

• The Polar Cap tech team's take on Facebook hype
  Tue, 07 Feb 2012 13:48:50 Z
  Polar Capital?s Nick Evans and Ben Rogoff believe a successful Facebook floatation will act as a positive catalyst for other social media related stocks, particularly LinkedIn and Chinese company Sina.
  

Citywire Money, Tax and Property

• House prices rose 0.6% in January, says Halifax
  Mon, 06 Feb 2012 09:54:16 Z
  The average UK house price is now £161,000.
  

• The 20 postcodes most 'at risk' of burglary
  Fri, 03 Feb 2012 09:35:34 Z
  The areas in the UK that see the most home insurance claims for theft or burglary, and the postcodes that are least at risk.
  

• House prices flat as market 'dogged by uncertainty'
  Mon, 30 Jan 2012 00:01:00 Z
  January marked the eighteenth month that house prices did not rise, according to Hometrack.
  

• Buying a house is now cheaper than renting one
  Sat, 28 Jan 2012 00:01:00 Z
  Buying a house is over £100 a month cheaper than renting, according to Halifax. Wales is the exception.
  

BBC Business News

• Euro 'could survive Greece exit'
  Tue, 07 Feb 2012 22:16:12 GMT
  Pressure is rising as Greece's government once more postponed a crucial meeting to agree tough reforms, as Europe's leaders openly discuss Greece leaving the euro.
  

• Yahoo board in another shake-up
  Tue, 07 Feb 2012 22:11:12 GMT
  Yahoo's chairman and three other board members step down as the tumult at the US web portal continues.
  

• Brazil's Itau has record profits
  Tue, 07 Feb 2012 20:41:18 GMT
  Itau Unibanco posts 14.6bn reais ($8.5bn, £5.3bn) of net profit in 2011, the highest ever for a bank from Brazil.
  

• Tax deal brings out 2,000 evaders
  Tue, 07 Feb 2012 17:59:03 GMT
  Some 2,000 people from the UK with money invested in Liechtenstein have come forward after the tax haven was put under the spotlight.
  

Citywire News

• FTSE wavers as ?Glenstrata? deal weighs on miners
  Tue, 07 Feb 2012 17:21:48 Z
  Britain?s benchmark index dragged down by miners as opposition to the merger of commodities giant Glencore and miner Xstrata mounts.
  

• The ship be sinking: a portent of economic doom
  Tue, 07 Feb 2012 16:51:48 Z
  A downturn in the 'Baltic Dry Index' may not cast the same pall it used to, but a 25-year low is worrying nonetheless.
  

• QA: how to complain about your bank
  Tue, 07 Feb 2012 14:05:03 Z
  If you're unhappy with your bank or another financial services provider, check out our quick guide to filing a formal complaint.
  

• From Norway to Greece... government bonds ranked by safety
  Tue, 07 Feb 2012 12:42:38 Z
  Is France a better bet than Japan? Do you dare touch Thailand? Asset manager compares 44 governments? bonds.
  

BBC News

• Southampton 2-3 Millwall
  Tue, 07 Feb 2012 22:21:24 GMT
  Liam Feeney's stunning late winner helps Millwall fight back to win 3-2 and dump Southampton out of the FA Cup at St Mary's.
  

• Euro 'could survive Greece exit'
  Tue, 07 Feb 2012 22:16:12 GMT
  Pressure is rising as Greece's government once more postponed a crucial meeting to agree tough reforms, as Europe's leaders openly discuss Greece leaving the euro.
  

• Sheffield Wed 0-3 Blackpool
  Tue, 07 Feb 2012 22:10:55 GMT
  Blackpool seal an FA Cup fifth-round tie at Everton after a convincing 3-0 victory at Sheffield Wednesday.
  

• Bonuses row 'threatens business'
  Tue, 07 Feb 2012 21:54:03 GMT
  George Osborne promises to fight an "anti-business culture", warning that the row over bonuses and pay threatens to undermine jobs and prosperity.