Archive for February 3rd, 2010
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), which added [...]
February 3rd, 2010 | Posted in All Financial News, Asia-Pacific markets, European markets, Investment News, London markets, Wall Street, commodities | No Comments
The European Commission has met today to discuss Greece’s tough austerity measures which will see the weakest economy of the euro zone tackle its spiralling debt.
The Commission confirmed it will support the country’s plans which include a public sector pay freeze and a hike in fuel taxes.
However, the European Commission will closely monitor progress and [...]
February 3rd, 2010 | Posted in All Financial News, Debt News, Economy News, European Commission, Greece, bailout, confirm, measures, support, weak link | No Comments
Eurostat has today revealed retail sales in the euro zone were unchanged in December from January.
The figures disappointed analysts who had expected a 0.4% rise in which is traditionally the busiest month of the year for retailers.
The latest figures highlight the fragile state of the economy and weak consumer demand.
On an annual basis, Eurostat [...]
February 3rd, 2010 | Posted in All Financial News, December, Economy News, Eurostat, consumer demand, disappointing, euro zone, fragile, recovery, retail sales, unchanged, unemployment | No Comments
Chairman Roger Carr, chief executive Todd Stitzer and chief financial officer Andrew Bonfield of Cadbury have announced today that they will step down from the British confectioner.
The three bosses announced their resignations following a shareholder vote which will see US food giant, Kraft, takeover the 186-year-old iconic British company in a £11.5 billion ($18.9 [...]
February 3rd, 2010 | Posted in All Financial News, Andrew Bonfield, Cadbury, Company News, Kraft, Roger Carr, Todd Stitzer, executives, shareholder, step down, takeover, vote | No Comments
Credit card and supermarket loyalty schemes are worth hundreds of pounds every year. But which are best and how do you avoid losing out on extras

February 3rd, 2010 | Posted in Uncategorized | No Comments
Mortgage brokers are feeling upbeat about 2010 and predicting a good year ahead for the UK mortgage market.
Research carried out by Platform (part of Co-operative Financial Services) found that 66% of participants in its Intermediary Outlook Survey are expecting improvements.
Seventy-four per cent of respondents believe UK house prices will rise by up to 5% during [...]
February 3rd, 2010 | Posted in 2010, All Financial News, Mortgage News, Platform, UK mortgage market, dual pricing, interest rates, intermediary survey, lack of mortgage funding, mortgage funding | No Comments