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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

• Old Mutual sells asset management subsidiary to Goldman Sachs
  Wed, 08 Feb 2012 09:57:39 Z
  Old Mutual has sold Dwight Asset Management to Goldman Sachs Asset Management, to help free up capital for Old Mutual Asset Management.
  

• Discretionary blow as advisers who outsource face VAT liability
  Wed, 08 Feb 2012 09:52:28 Z
  Advisers who outsource to discretionary managers will have to charge their clients VAT, according to draft HM Revenue Customs (HMRC) guidance.
  

• Walker Crips hires ex BNP Paribas UK wealth head Rushton
  Wed, 08 Feb 2012 09:15:44 Z
  The private client stockbroker has hired former BNP Paribas head of UK wealth management Mark Rushton to spearhead the growth of its private client business.
  

• Supergroup tumbles on profit warning; FTSE edges up
  Wed, 08 Feb 2012 09:10:20 Z
  UK index back above 5,900 amid hopes that Greece is finally about to secure a deal for a new international bailout package.
  

Citywire Money, Tax and Property

• House prices rose 0.6% in January, says Halifax
  Mon, 06 Feb 2012 09:54:16 Z
  The average UK house price is now £161,000.
  

• The 20 postcodes most 'at risk' of burglary
  Fri, 03 Feb 2012 09:35:34 Z
  The areas in the UK that see the most home insurance claims for theft or burglary, and the postcodes that are least at risk.
  

• House prices flat as market 'dogged by uncertainty'
  Mon, 30 Jan 2012 00:01:00 Z
  January marked the eighteenth month that house prices did not rise, according to Hometrack.
  

• Buying a house is now cheaper than renting one
  Sat, 28 Jan 2012 00:01:00 Z
  Buying a house is over £100 a month cheaper than renting, according to Halifax. Wales is the exception.
  

BBC Business News

• Homeserve 'set to lose customers'
  Wed, 08 Feb 2012 09:50:15 GMT
  Maintenance company Homeserve expects to lose more customers than previously thought after concerns over sales techniques, it says.
  

• Nissan profits up on global sales
  Wed, 08 Feb 2012 09:50:00 GMT
  Nissan reports a 3.6% rise its profit for the October to December quarter despite disruptions caused by floods in Thailand.
  

• Airbus to make A380 crack checks
  Wed, 08 Feb 2012 09:43:58 GMT
  Aircraft maker Airbus has been ordered to check the wings of all A380 superjumbo planes currently in service.
  

• RBS boss: I considered resigning
  Wed, 08 Feb 2012 09:40:47 GMT
  Royal Bank of Scotland chief executive, Stephen Hester, tells the BBC he briefly considered resigning during the uproar over his bonus.
  

Citywire News

• Supergroup tumbles on profit warning; FTSE edges up
  Wed, 08 Feb 2012 09:10:20 Z
  UK index back above 5,900 amid hopes that Greece is finally about to secure a deal for a new international bailout package.
  

• The Expert View: BP, Capita and TUI Travel
  Wed, 08 Feb 2012 05:01:00 Z
  A round-up of analyst notes, including their take on TalkTalk and Bellway.
  

• Wednesday Papers: Glencore-Xstrata merger threatened
  Wed, 08 Feb 2012 03:11:00 Z
  And Greek shares rally as prime minister closes in on bailout deal.
  

• Citywire Top Stocks Daily News Digest
  Wed, 08 Feb 2012 02:22:00 Z
  All the news from across the web about the companies featured in Citywire's Top Stocks.
  

BBC News

• Airbus to make A380 crack checks
  Wed, 08 Feb 2012 09:43:58 GMT
  Aircraft maker Airbus has been ordered to check the wings of all A380 superjumbo planes currently in service.
  

• Mystery over car stuck in the sea
  Wed, 08 Feb 2012 09:43:15 GMT
  Police and coastguards try to trace the owners of a car found abandoned in waters off the coast of Dumfries and Galloway.
  

• Key polls begin in Uttar Pradesh
  Wed, 08 Feb 2012 09:42:21 GMT
  Crucial assembly elections are under way in India's most populous state of Uttar Pradesh, a major test of support for the ruling Congress party.
  

• Brazil police strike talks fail
  Wed, 08 Feb 2012 09:41:36 GMT
  Talks to end a police strike in the Brazilian state of Bahia break down, as troops blockade the state assembly occupied by striking officers.
  

Highcliffe Financial Management is an Appointed Representative of Sage Financial Services Ltd, which is authorised and regulated by the Financial Services Authority. Sage Financial Services Ltd is entered on the FSA register (www.fsa.gov.uk/Pages/register) under reference 150452. FSA Registration No: 150452