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News

Economics / Markets

Prechter says Dow could fall to 1,000 - papers

Robert Prechter said on Tuesday he expects that as the U.S. economy sinks into a deflationary depression stocks will plunge.

clock 07 July 2010 •

UK

Investec considers sale of Rensburg fund business

Investec could offload Rensburg Fund Management after receiving a number of expressions of interest in the business.

clock 07 July 2010 •

Mortgages

Charcol offers SVR cap tool

John Charcol has launched The Interest Rate Protector, an interest rate cap that protects borrowers with large mortgages from rising rates.

clock 06 July 2010 •

Investment

UK faces 33% chance of 'double dip': Barclays Wealth

Barclays Wealth chief economist Michael Dicks believes the UK faces a one in three chance of entering a "double-dip" recession next year.

clock 06 July 2010 •

Economics / Markets

FTSE sets sights on 5,000 after 3% surge

The FTSE 100 is edging closer to 5,000 this afternoon as the US markets shared in today's global market rally upon opening.

clock 06 July 2010 •

Your profession

Adviser Alliance denies u-turn in judicial review donation

Adviser Alliance has donated £500 towards a judicial review into the FSCS Keydata levy - even though the lobby group thinks the legal action has little chance of success.

clock 06 July 2010 •

ETFs

Amundi lists Eurostoxx ETFs on Paris exchange

Amundi has listed two ETFs providing exposure to Eurostoxx indices on the NYSE Euronext Paris market.

clock 06 July 2010 •

Your profession

Investors plot to oust Pru's McGrath - papers

Leading City investors are plotting to force Prudential chairman Harvey McGrath out before the beleaguered insurer's half-year results on 12 August, according to reports.

clock 06 July 2010 •

Economics / Markets

Sir Alan Budd to leave fiscal watchdog - papers

The head of the UK's new fiscal watchdog will step down in the summer when his three-month contract expires, a spokesman for the Treasury said last night.

clock 06 July 2010 •

Economics / Markets

BCC pours cold water on 'sustained' UK recovery

The British Chamber of Commerce (BCC) says the UK economy continued to grow in the second quarter of this year, but warns the country must not "kid" itself the recovery is secure.

clock 06 July 2010 •
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