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Economics / Markets

Economics / Markets

FTSE surges on positive China data

London's leading shares surged in morning trading, with mining stocks leading the charge on the back of positive economic data coming out of China.

clock 11 December 2009 •

Economics / Markets

Darling's raid will drive away bankers - Applewood

Alistair Darling's raid on bank bonuses will drive away the cream of the UK's banking talent, says director of Applewood Wealth Management, Karl Hartey.

clock 11 December 2009 •

Economics / Markets

Gilts tumble as PBR intensifies downgrade fears - papers

Gilt prices fell sharply yesterday as investors began to digest the Government's pre-Budget report and fears that Britain's credit rating will be downgraded intensified.

clock 11 December 2009 •

Economics / Markets

Interest rates kept at 0.5%

The Bank of England's Monetary Policy Committee (MPC) has held interest rates at 0.5% for the ninth consecutive month.

clock 10 December 2009 •

Economics / Markets

Taxpayers face £2trn unfunded pensions liability - papers

In a document released on its website only a few hours before the Chancellor's Pre-Budget Report, the Office for National Statistics laid out the definitive cost taxpayers will have to bear for both the state old age pension and public sector pensions....

clock 10 December 2009 •

Economics / Markets

Energy slump drains FTSE

The FTSE closed at its lowest level in more than a week Wednesday following falls in energy firms and food retailers.

clock 09 December 2009 •

Economics / Markets

PBR: £20m funding boost for Money Guidance

Chancellor Alistair Darling has announced £20m in funding for the national roll-out of the Money Guidance scheme.

clock 09 December 2009 •

Economics / Markets

PBR: Govt pledges to rebuild 'robust' MBS market

The Government says it will explore ways of encouraging a more 'sustainable, transparent and standardised' mortgage-backed securities market in the UK.

clock 09 December 2009 •

Economics / Markets

PBR: IFA reaction - "Clients hit by bank bonus levy"

Advisers give their verdicts on some unexpected proposals set out today in Alistair Darling's Pre-Budget Report (PBR).

clock 09 December 2009 •

Economics / Markets

PBR: Public sector pension cap to save £1bn

Public sector pensions will be capped as part of government plans to pay-off the UK's burgeoning budget deficit.

clock 09 December 2009 •
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