Archive for June, 2009
Europe’s equities markets saw declines Tuesday as the banking sector and miners lost ground and the oil sector was mixed in London.
The FTSE 100 was 1.04 percent lower to 4,249.21 while the FTSE 250 fell 0.84 percent to 7,414.56 in London.
Miners were lower as Randgold Resources (LSE: RRS; NAS: GOLD) dropped 3.14 percent to lead [...]
June 30th, 2009 | Posted in All Financial News, Asia-Pacific equities, European equities, Investment News, London equities, Wall Street, commodities | No Comments
The latest Marketing Trends Survey from the Chartered Institute of Marketing (CIM) has revealed that financial marketers are cautiously optimistic about the UK economy.
The survey, conducted for the CIM by Ipsos MORI, the independent market research organisation, found that the number of financial marketers who believe the UK economy will worsen in the next 12 [...]
June 30th, 2009 | Posted in All Financial News, CIM, Chartered Institute of Marketing, Economy News, Marketing Trends Survey, financial marketers, optimism | No Comments
There are fears for the euro zone today after official figures revealed that the area is heading for a period of deflation.
A short period of deflation (where prices fall rather than increase) could be a serious threat to the economy because it deters consumers and businesses from spending in expectation of falling prices.
Eurostat today said [...]
June 30th, 2009 | Posted in All Financial News, Economy News, European Central Bank, Eurostat, deflation, euro zone, fall, inflation, interest rates, recession, threat, unemployment | No Comments
After a recent run of good news in the US, the Conference Board has today revealed a dip in consumer confidence this month.
The news came as a bit of a shock since the latest University of Michigan’s index of consumer sentiment rose from 68.7 in May to 70.8 in June – the highest level since [...]
June 30th, 2009 | Posted in All Financial News, Conference Board, Economy News, GDP, June, US, confidence, consumer, fall, recession, stock markets | No Comments
A number of low-cost airlines are flouting EU rules on automatically adding travel insurance when flights are booked.
An investigation by consumer rights group Which? found that easyJet, Jet2 and Monarch continue to automatically add travel insurance policies at the time of booking.
The cost of this extra insurance is between £7 and £10.49 per passenger.
Travellers booking [...]
June 30th, 2009 | Posted in All Financial News, Company News, EU, Europe, Insurance News, UK, Which?, airlines, rules, travel insurance | No Comments
We are retiring to Spain and have been advised to invest in a bond from an offshore bank. What do you think?

June 30th, 2009 | Posted in Uncategorized | No Comments