European equities markets were significantly lower Thursday on concerns that the budget deficits of Greece, Spain and Portugal could be out of control, while a rise in first-time unemployment claims in the US also hurt the days results.
The pan-European FTSE Eurofirst 300 fell below 1,000 as it dropped 2.75 percent on the session to close [...]
Spanish banking giant Santander has today revealed a 13% rise in fourth-quarter net profit to €2.2 billion (£1.9 billion).
Meanwhile the bank, which is the second largest banking group in the world after HSBC, said gross income grew almost 24% to €10 billion.
For the 2009 year as a whole, net profit was up 1% to €8.94 [...]
The Society of Motor Manufacturers and Traders (SMMT) has today revealed sales of new cars grew by 29.8% in January compared with the same month in 2009, boosted by the Government’s scrappage scheme.
The £400 million initiative, which was launched last May to boost the ailing car industry, pays drivers of cars at least 10 years [...]
The European Central Bank (ECB) today elected to keep interest rates on hold at the historic low of 1% for the ninth consecutive month, as widely expected.
Interest rates are expected to remain on hold for the long-term as a result of uneven growth and low inflation.
The euro zone as a whole emerged from recession in [...]
The gold spot price dropped by more than $40 today as fears over eurozone debt pushed investors towards the dollar
My adviser has recommended a normal annuity for my
pension fund but I’m interested in a higher-risk drawdown option. What do you think?
