News aggregator
Silver State joins the banking casualties in the US
Silver State, the Nevada-based bank that had John McCain's son on its board
until July, has become the eleventh bank in the United States to fail this
year after losses from souring house loans and land forced regulators to
shut it down.
Categories: Business and financial news
Europe should beware of Greeks bearing grudges
For sheer brazen cheek, George Papandreou should be given a prize. The Greek Prime Minister is in the United States for meetings with President Obama and his Treasury Secretary Timothy Geithner. He wants support, not a big wad of cash, to rescue the floundering Greek economy. He is stirring up a hate campaign, banging the drum against market speculators, whom he says are conspiring against Greece.
Categories: Business and financial news
BA strike talks end without deal
Talks between British Airways and Unite aimed at averting strike action by cabin crew break down without agreement.
Categories: Business and financial news
Economic storm not over, says PM
Gordon Brown warns of economic storms ahead but vows not to "let you down" as the date of the Budget is announced.
Categories: Business and financial news
Pompey axe 85 jobs to cut costs
Administrators at Portsmouth FC start to make employees redundant, with 85 people losing their jobs.
Categories: Business and financial news
Banks face harsher stress tests
Further stress-testing of UK banks will take place to ensure they can survive a 'double-dip' recession, regulators say.
Categories: Business and financial news
British Gas faces strike ballot
British Gas workers are to vote in a strike ballot over allegations of bullying by management, and on changes to working conditions.
Categories: Business and financial news
BA strike action talks continuing
Talks aimed at averting strike action by BA cabin crew are continuing at the TUC, after a deadline was extended.
Categories: Business and financial news
Warning on packaged bank accounts
Bank accounts which charge fees for extra benefits may be being mis-sold, the Financial Services Authority has warned.
Categories: Business and financial news
Ex-Cazenove partner found guilty of insider dealing
Malcolm Calvert, a former partner at Cazenove, the Queen’s stockbroker, has been convicted of insider dealing and faces up to seven years in prison.
Categories: Business and financial news
EU rule change 'may cut red tape'
Small firms may be exempted from having to draw up and lodge annual accounts, after MEPs approve changes to European Union rules.
Categories: Business and financial news
Bare essentials raise cheer at Waitrose
It was low-key at the time, but today marks the first anniversary of essential Waitrose, one of the most significant developments in the UK grocery sector since the takeover, in 2003, of Safeway by Wm Morrison.
Categories: Business and financial news
China denies World Cup sweatshop
A Shanghai company denies it used sweatshop labour to produce World Cup mascots, as Fifa suspends its contract.
Categories: Business and financial news
Chinese exports surge in reaction to bank policy
Chinese trade surged last month following the country’s rise in bank lending, leading economists to predict a strong increase in exports over the course of 2010.
Categories: Business and financial news
UK economy 'still growing weakly'
The UK economy grew by 0.3% in the December to February period, says the National Institute of Economic and Social Research.
Categories: Business and financial news
Japanese gaming to profit from child subsidies
Japan's gambling industry is expected to be an unlikely beneficiary of a national child subsidy scheme, which aims to shower parents with cash and encourage young couples to start families.
Categories: Business and financial news
Airlines offer slots in EU probe
British Airways, American Airlines and Iberia offer to give up take off and landing slots in London and New York, say EU watchdogs.
Categories: Business and financial news
FSA tells banks to stress-test for two more years of recession
British banks and building societies have been ordered by regulators to check that they could withstand another two years of recession, millions more people losing their jobs and a steep fall in house prices.
Categories: Business and financial news
Europe signals go-ahead for BA's US alliance
The last barrier to the proposed alliance between British Airways and American Airlines has been lowered after the European Commission indicated that it would approve the deal.
Categories: Business and financial news
Top public servants' pay frozen
Thousands of top-earning public sector workers, including judges and NHS managers, will have their pay frozen next year.
Categories: Business and financial news
Quick facts
What our users are talking about
Poll
Most popular news
Moneywise
News, articles, advice and guides from everyday money issues to how to grow your money. Covering all aspects of personal finance, Moneywise offers independent news and views, forums and blogs, as well as unique compare and buy comparison tools.
Moneywise distributes services supplied by Interactive Investor. Interactive Investor Trading Limited, trading as "Interactive Investor", is authorised and regulated by the Financial Services Authority. Copyright © 2010 Moneywise. Terms & Conditions About Contact us Subscriptions Advertise Customer Service Awards