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News and comment

Welcome to your on-line financial newsletter. This service is regularly updated to bring you news of important developments in financial matters.

The news stories on this page have been written and produced by a third party and neither nor its representatives can be held responsible for the accuracy of the content/information contained within these stories.

Citywire Investment News

• Artemis unveils global income fund
  Thu, 09 Sep 2010 00:01:00 +0100
  Artemis has brought its Global Income fund to market, managed by Jacob de Tusch-Lec.
  

• Transocean slams BP's 'self-serving' Gulf of Mexico disaster report
  Wed, 08 Sep 2010 15:50:00 +0100
  (Update) A BP report found a 'number of parties' share the blame for the Deepwater Horizon but Transocean and Halliburton have hit back at the 'flawed' report. 
  

• Economic growth slowing but remains 'robust', says think tank
  Wed, 08 Sep 2010 15:00:00 +0100
  UK growth was 0.7% in the three months ending in August, down from 1.3% in the three months ending in July, according to estimates from NIESR.
  

• GAM launches market neutral credit Newcits fund
  Wed, 08 Sep 2010 14:08:07 +0100
  GAM has added another fund to its growing Newcits range with the launch of the GAM Star Diversified Market Neutral Credit fund on its Ucits III platform.
  

• Investment Line: eight reasons why deflation is a slow burning threat
  Wed, 08 Sep 2010 13:38:51 +0100
  The recent rise in commodity prices has raised inflation concerns but Capital Economics believes the biggest threat to the global economy continues to be deflation.
  

Citywire Money, Tax and Property

• House price reports: who needs 'em?
  Thu, 09 Sep 2010 00:01:00 +0100
  Is such a thing as a 'useful' house price index, one that can be used by buyers and sellers to reflect on their own individual deals in any meaningful way? Linton Chiswick reports on the difficult questions an official investigation into house prices must tackle.
  

• Morning Line: the mortgage lending tactics that distort the market
  Wed, 08 Sep 2010 11:03:33 +0100
  Mortgage lenders should follow Coventry's example and stop practices like conditional lending.
  

• House prices rise for second month, erasing previous losses ? Halifax
  Wed, 08 Sep 2010 09:06:47 +0100
  House prices have increased for a second month, up 0.2% after July's 0.7% rise, with activity largely 'static'.
  

• Ask Citywire: ask us a question about money and we will get you an answer
  Wed, 08 Sep 2010 00:01:00 +0100
  Got a question about personal finance or investment? Post it in our forums and we will help you get an answer.
  

• First time buyers: some tips to help you raise a deposit
  Tue, 07 Sep 2010 00:01:00 +0100
  Increasing numbers of first time buyers are getting help from their parents to raise a deposit. That's fine if you have cash to spare, but what does everyone else do?
  

Citywire News

• House price reports: who needs 'em?
  Thu, 09 Sep 2010 00:01:00 +0100
  Is such a thing as a 'useful' house price index, one that can be used by buyers and sellers to reflect on their own individual deals in any meaningful way? Linton Chiswick reports on the difficult questions an official investigation into house prices must tackle.
  

• Transocean slams BP's 'self-serving' Gulf of Mexico disaster report
  Wed, 08 Sep 2010 15:50:00 +0100
  (Update) A BP report found a 'number of parties' share the blame for the Deepwater Horizon but Transocean and Halliburton have hit back at the 'flawed' report. 
  

• Economic growth slowing but remains 'robust', says think tank
  Wed, 08 Sep 2010 15:00:00 +0100
  UK growth was 0.7% in the three months ending in August, down from 1.3% in the three months ending in July, according to estimates from NIESR.
  

• European debt worries re-emerge as Ireland extends guarantees
  Wed, 08 Sep 2010 12:19:16 +0100
  Fears that the high levels of debt in peripheral European countries could cause yet another shock in the markets have re-emerged.
  

• Morning Line: the mortgage lending tactics that distort the market
  Wed, 08 Sep 2010 11:03:33 +0100
  Mortgage lenders should follow Coventry's example and stop practices like conditional lending.
  

BBC Business News

• Empty shops highlighting 'divide'
  Thu, 09 Sep 2010 01:09:44 GMT
  The number of shops closing in Britain is slowing but a north-south divide has emerged, a survey by retail analysts the Local Data Company suggests.
  

• Rig firms hit back at BP report
  Wed, 08 Sep 2010 23:55:33 GMT
  Contractors who worked for BP on the ill-fated Deepwater Horizon oil rig criticise the company's report into the Gulf of Mexico oil spill.
  

• Big money
  Wed, 08 Sep 2010 23:04:00 GMT
  Russia is home to the wealthiest expats
  

• Shoppers turning to card payments
  Wed, 08 Sep 2010 23:01:01 GMT
  The number of cash machines in the UK has fallen and withdrawals have dropped as shoppers turn to cards, figures show.
  

• Google revamps search system
  Wed, 08 Sep 2010 22:55:08 GMT
  The search giant launches a system with web links appearing as soon as characters are typed into the query box.
  

BBC News

• UN aid chief Amos visits Pakistan
  Thu, 09 Sep 2010 01:31:09 GMT
  The newly appointed head of UN humanitarian relief Lady Valerie Amos has spent her first day in office touring Pakistan.
  

• Mexico rejects drug 'insurgency' analogy
  Thu, 09 Sep 2010 01:22:58 GMT
  Mexico has rejected remarks from the US Secretary of State, Hillary Clinton, that drug-related violence in Mexico increasingly has the hallmarks of an insurgency.
  

• Empty shops highlighting 'divide'
  Thu, 09 Sep 2010 01:09:44 GMT
  The number of shops closing in Britain is slowing but a north-south divide has emerged, a survey by retail analysts the Local Data Company suggests.
  

• Koran bonfire 'still going ahead'
  Thu, 09 Sep 2010 00:39:17 GMT
  A US pastor says he is not "backing down" from plans to burn copies of the Koran on the anniversary of 9/11, despite international condemnation.
  

• Mexico crime 'like an insurgency'
  Thu, 09 Sep 2010 00:01:18 GMT
  US Secretary of State Hillary Clinton says Mexican drug violence is looking increasingly like an insurgency, a comment strongly rejected by Mexico.