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
- Martin Gilbert steps down as FirstGroup chair amid shareholder unrest
Mon, 20 May 2013 08:16:50 +0100
Martin Gilbert is to step down as chairman of transport firm at 17 years in the role as it launches a £615 million rights issue to help clear its mounting debt.
- Fund managers may be forced to put 50% of bonus in own funds
Mon, 20 May 2013 08:16:32 +0100
Fund managers could be forced to put half of their bonus into their own funds under new rules being drawn up by Brussels.
- Polar Capital launches financials trust for ex-New Star man
Mon, 20 May 2013 07:54:37 +0100
Polar Capital is launching a trust designed to take advantage of the improved conditions in the financials sector for former New Star manager Nick Brind.
- The Expert View: Babcock, Petrofac and Pearson
Mon, 20 May 2013 05:01:00 +0100
A roundup of some of the best analyst commentary on shares, also including Invensys and Centaur Media.
BBC Business News
- FirstGroup plans £600m rights issue
Mon, 20 May 2013 08:11:50 GMT
Transport company FirstGroup has announced a £615m rights issue in a bid reduce its debt after its full year profit dropped by over a third.
- Ryanair profits at record high
Mon, 20 May 2013 06:57:03 GMT
Discount airline Ryanair reports record full-year profits and rising revenues despite soaring fuel costs, but hits out at "bizarre" EU takeover decision.
- Business leaders attack Eurosceptics
Mon, 20 May 2013 04:25:00 GMT
A number of prominent business leaders accuse those calling for Britain to leave the European Union of "putting politics before economics".
- PM warns overseas territories on tax
Mon, 20 May 2013 01:41:17 GMT
David Cameron has called on British overseas territories to "get their house in order" and sign up to international treaties on tax.
- We need to keep Bale - Villas-Boas
Mon, 20 May 2013 08:20:39 GMT
Tottenham boss Andre Villas-Boas says it is vital the club keep star player Gareth Bale if they are to improve next season.
- Multiple car bomb attacks hit Iraq
Mon, 20 May 2013 08:16:32 GMT
At least 26 people are killed by car bombs in the Iraqi cities of Baghdad and Basra, police and medical officials say.
- China asks N Korea to free boat crew
Mon, 20 May 2013 08:14:10 GMT
China says it has called on North Korea to secure the release of a fishing boat and its crew seized on 5 May, as captors reportedly demand a ransom.
- Second body found after house blast
Mon, 20 May 2013 08:13:44 GMT
A man and a woman are found dead at the scene of a suspected gas explosion at a Nottinghamshire house.