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Average UK house prices remained flat across the first three months of 2012, according to new figures from the Halifax. House prices showed a decline of 0.1%.in the first quarter of 2012 compared with the final three months of 2011 and were 0.6% lower than in the same period last year. There was a
4 Apr 12 08:09"Spain has set off further alarm bells among bond investors and its crisis-hit eurozone neighbours by conceding that its debts will balloon this year to their highest level for two decades. The admission fanned fears that the recession-bound country will lose its battle to stay on top of its debts w
4 Apr 12 06:50Drinks giants Diageo and SABMiller were making decent gains on Monday afternoon, meaning that the beverages sector was at the top of the pile. Diageo is rumoured to be nearing the acquisition of a further stake in Mexican tequila maker Jose Cuervo. According to media reports, Diageo could be buying
2 Apr 12 15:10Miners were providing a lift after the better-than-expected manufacturing data from China, which saw the nation's purchasing managers' index rise to an 11-month high of 53.1 in March, from 51 the month before. This boosted hopes for demand in the metals industry with Fresnillo, Rio Tinto and Vedan
2 Apr 12 14:39- Chinese, UK PMIs beat expectations in March - Eurozone PMI disappoints, jobless rate on the up - RBS to dish out dosh to preference shareholders London's blue chips pared earlier gains after some gloomy economic data from Europe. Miners were performing well after better-than-expected manufacturin
2 Apr 12 11:36Some of Europe's largest banks are already planning on returning the funds they got through the three-year LTROs (long-term refinancing operations) run by the European Central Bank (ECB) according to senior bankers cited in a front page piece in today's Financial Times (FT). These sources suggeste
2 Apr 12 10:39- Miners wanted after Chinese PMI reaches 11-month high - RBS to dish out dosh to preference shareholders - LSE acquisition of LCH.Clearnet passes milestone UK stocks opened with decent gains on Monday morning as miners rose on the back of some better-than-expected manufacturing data from China.
2 Apr 12 08:26- Stocks dragged down by Eurozone concerns - International Power receives approach from GDF Suez - FirstGroup plummets after gloomy update London's FTSE 100 index sank to its lowest levels of the day by the close of trade on Thursday with Eurozone worries once again in focus as bond yields in Italy
29 Mar 12 16:35Lloyds Banking Group is selling its onshore Dubai business to HSBC Bank Middle East. The sale, which comes as part of Lloyds' plan to reduce its international presence, includes the group's retail, commercial and corporate banking business in the area. The said assets were valued at totalling £4
29 Mar 12 14:47Financial complaints soared in 2011, with over 12,000 a day is the second half of last year, the Financial Services Authority (FSA) has revealed. The volume of complaints received by the FSA were up 21% compared to the first half of the year. Complaints about loan insurance rocketed a whopping 8
28 Mar 12 14:41- Government may cut stake in RBS - Defensives sold off - Resolution could split before sale The Footsie was nearly back where it started by midday, after gains were trimmed as heavy losses for Resolution, Compass and utilities stocks weighed on the blue chip index. The earlier rise for London's
27 Mar 12 11:55- Government may cut stake in RBS - Rio Tinto considers offloading diamond interests - Resolution could split before sale A strong performance by the banks helped push the FTSE 100 higher on Tuesday morning as the market continues to be boosted by recent comments by US Federal Reserve Chairman Ben
27 Mar 12 08:46- Oil surges on falling Iranian exports - BoE tells banks to raise capital ASAP - BT leads the rise, miners trim losses London's blue chips rallied in afternoon trade with the Footsie surging in the last two hours to finish in positive territory as oil prices jumped. According to report in Reuters
23 Mar 12 16:42The Bank of England (BoE) has warned banks that they must raise external capital as early as is feasible. The Financial Policy Committee (FPC), which acts as a watchdog for the BoE, published a report expressing its concerns that "capital is not yet at levels that would ensure resilience in the fac
23 Mar 12 12:46- Footsie on track for worst weekly performance YTD - Miners fall, Randgold still hampered by Malian concerns - BT rises on pension deficit arrangement After a strong start, a sell-off in the mining sector dragged the Footsie into the red by lunchtime. Rising commodity prices did little to lift the
23 Mar 12 11:55
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