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News -
Banking
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Written by Ray Clancy
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Thursday, 11 March 2010 09:25 |
UK equities are facing a tricky year due to the frailty of the economic recovery, high government debt levels and a rise in the cost of capital across the private sector, it is claimed.
Last year UK equity investors were rewarded almost regardless of which part of the market they placed their money as equities staged a broad based recovery from March onwards following the heavy sell off due to the credit crunch, according to the latest investment briefing from Legal & General Investment Management.
But the company’s equity strategist Georgina Taylor says that 2010 is likely to be a far trickier year for UK equity investors than 2009 with equity gains for the market as a whole likely to be far more modest. |
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News -
Banking
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Written by Ray Clancy
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Tuesday, 09 March 2010 09:10 |
Barclays Wealth is reissuing its popular core range of products for investors willing to accept an element of risk to their capital, the bank has announced. |
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News -
Banking
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Written by Ray Clancy
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Friday, 05 March 2010 09:51 |
The decision by the Bank of England to leave UK interest rates unchanged at a record low of 0.5% will not get rid of uncertainty in the markets and mean that it is savers who continue to be worse off financially.
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News -
Banking
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Written by Ray Clancy
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Thursday, 04 March 2010 09:55 |
Sterling is facing a perfect storm brewed up by UK debt, political uncertainty and concerns that more money will have to be injected into the economy by the Bank of England, it is claimed.
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News -
Banking
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Written by Ray Clancy
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Friday, 26 February 2010 09:40 |
There is still up to £480 million of unfair bank charges to be paid back by banks despite a Court test case ruling last year that went against consumers, it is claimed.
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News -
Banking
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Written by Jade Stewart
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Wednesday, 10 March 2010 09:18 |
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The majority of private banks and wealth managers show little regard for the protection of personal data on their public websites, according to a new survey. |
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News -
Banking
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Written by Ray Clancy
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Monday, 08 March 2010 09:36 |
Individual investors who lost money to fraudster Bernard Madoff in a fund set up by Swiss bank UBS cannot sue direct and must go through the official liquidators, a court has decided. |
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News -
Banking
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Written by Ray Clancy
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Thursday, 04 March 2010 09:57 |
Eligibility for what is described as the UK’S first fee-free current account is being extended.
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News -
Banking
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Written by Ray Clancy
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Wednesday, 03 March 2010 10:09 |
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A green fund designed to introduce much needed capital into small but ambitious growing environmental businesses and offer a range or tax reliefs to investors who buy shares is open until the middle of next month. |
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News -
Banking
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Written by Ray Clancy
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Wednesday, 24 February 2010 09:45 |
A plan by the Conservative party in the UK to sell shares in disgraced Royal Bank of Scotland and Lloyds, now owned by the taxpayer, at a discounted price as a people’s bank bonus has been met with criticism.
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