Archive for the 'All Financial News' Category
Property website, Rightmove, has today reported the annual growth in asking prices for residential property in England and Wales for the four weeks to March 6 slowed for the first time in a year.
On an annual basis, growth slowed from 6.1% in February to 5.3% in March, while on a monthly basis, asking prices rose [...]
March 15th, 2010 | Posted in All Financial News, March, Property News, Rightmove, asking prices, demand, growth, house prices, housing market, slow, supply, u-turn | No Comments
Figures published by the Federal Reserve today revealed a marginal rise in US industrial production in February.
According to the US central bank, industrial output rose by just 0.1% in the month and followed a 0.9% increase in January.
However, the small rise was better than the zero percent that analysts had forecast after severe snowstorms swept [...]
March 15th, 2010 | Posted in All Financial News, Economy News, February, Federal Reserve, US, industrial, marginal, output, production, rise, weather | No Comments
Metro Bank, which was recently granted a banking licence by the Financial Services Authority (FSA), has told Sky News that it plans to make banking a “fun retail experience”.
The bank, which is set to become Britain’s first new high street lender for more than a century, is set to open two branches in central London [...]
March 15th, 2010 | Posted in All Financial News, Banking News, FSA, London, Metro Bank, banking licence, call centre, core banking values, expansion, experience, fun, granted, retail, shop hours | No Comments
European equities markets were lower Monday on concerns following a report from Moody’s Investors Services that the credit ratings of the United States and European nations such as the UK, Germany and France could be threatened.
The FTSE 100 was 0.57 percent lower to 5,593.85 in London, while the FTSE 250 fell 0.63 percent to 9,879.01.
Most [...]
March 15th, 2010 | Posted in All Financial News, Asia-Pacific equities, European equities, Investment News, London equities, Wall Street, commodities | No Comments
The Government-led crackdown on credit card companies is expected to save consumers around £300 million a year.
The crackdown comes after the Government warned credit and store card firms to “clean up their act” after it launched a review of the industry in a consumer White Paper in July 2009.
According to Prime Minister, Gordon Brown, the [...]
March 15th, 2010 | Posted in All Financial News, Company News, Credit Card News, Debt News, Gordon Brown, Government, Loan News, White Paper, consumers, crackdown, credit card, industry, interest rates, measures, new, protection, review | No Comments
Moody’s Investors Services has today announced the credit ratings of the world’s four largest AAA-rated nations are viewed as safe.
According to Moody’s, the world’s four largest AAA-rated sovereign nations, which include Germany, France, the UK and the US are currently “well positioned despite their stretched finances”.
In its quarterly report assessing the prospects of the triple [...]
March 15th, 2010 | Posted in AAA-rated, All Financial News, Debt News, Economy News, GDP, Greece, Moody's Investors Services, UK, US, credit rating, nations, report, safe | No Comments