Archive for February 3rd, 2010

Homebuilder Taylor Wimpey leads London markets

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 [...]

European Commission confirms support for Greece

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 [...]

Euro zone retail sales flat in December

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 [...]

Cadbury executives to step down following Kraft deal

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 [...]

How to get the best credit card rewards

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

Jenny Szweda

Mortgage brokers upbeat on 2010

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 [...]