Investments
10% of HSBC shareholders vote against remuneration reportTen per cent of HSBC shareholders have voted against the board's recommended pay deals for staff at HSBC's annual meeting today. |
Equities ‘a sound way to protect against inflation’Inflation is down, but with interest rates still low, investors will need to seek real assets for inflation protection, according to Bestinvest. |
Spanish regulator suspends trading in Bankia sharesShares in Spain's Bankia have been suspended from trading ahead of a board meeting later today that will decide how much state aid the part-nationalised bank needs. |
Eurozone recession fears mount as economy shrinksThe Eurozone edged closer to recession today after new figures revealed manufacturing activity in the region shrank at its fastest pace for almost three years. |
RBS issues special £10 note to celebrate Queen's Golden JubileeThe Royal Bank of Scotland has issued a commemorative £10 note to celebrate the Queen's Golden Jubilee, drawing on royal links to the Scottish bank. |
Facebook shares plummet as regulators call for launch reviewAmerica’s top financial watchdogs have called for a review of Facebook’s share launch, amid reports of concerns about the way information was disclosed to investors. |
Burberry profits boosted by male shoppersFamous raincoat maker Burberry has posted a leap in revenue and profits thanks to an increase in male shoppers snapping up the luxury brand. |
OECD warns UK disposable incomes will fall for two more yearsThe Organisation for Economic Co-operation and Development (OECD) has warned that inflation will grow faster than incomes in the UK for two more years. |
Barclays launches 6% regular income bondBarclays Wealth has introduced a new bond offering investors a monthly income of six per cent pa equivalent over a six year term. |
Marks & Spencer annual profits down 16%High street stalwart Marks & Spencer has reported a 16 per cent drop in annual profits in what the chief executive called “a challenging economic environment”. |
Osborne admits to contingency plans in case of euro collapseBoth the Chancellor, George Osborne and the Prime Minister, David Cameron have admitted that plans are being drawn up to deal with a potential collapse of the euro. |
New UK recession would cause "permanent damage" says OBR's ChoteThe Chairman of the Office for Budget Responsibility has warned that a Greek euro exit could herald a new deep UK recession causing "permanent damage" to the UK. |
Facebook shares flat after first day of tradingShares in Facebook had to be rescued twice by underwriters to maintain their initial $38 valuation and closed at $38.23 in a faltering state for Facebook shares. |
Facebook shares will cost $38 as company valued at $104bnSocial networking site Facebook has announced that it will offer around 420 million shares at $38 each valuing the firm at $104 billion. |
Markets fall as Moody’s downgrades 16 Spanish banksThe Eurozone crisis deepened today after Moody’s cut the credit ratings of 16 Spanish banks and the UK arm of Santander, prompting stock markets to tumble. |
Taxpayers "fortunate" to escape with £2bn Northern Rock lossThe National Audit Office reports that the sale of Northern Rock to Virgin Money minimised losses to the taxpayer but concludes that taxpayers will lose £2bn overall. |
Asda reaches record market share with rising salesAsda enjoyed sales growth in the first quarter of 2012, gaining market share by appealing to cost-conscious consumers through cutting the price of essentials. |
Can a monkey with a pin outperform investment experts?Pete Comley, author of a new book called 'Monkey with a pin' explains his perspective on why so many investors fail to earn the returns they expect. |
Cameron: Eurozone at crossroads - It has to make up or break upIn a speech to business leaders in Manchester today, David Cameron vowed to do whatever it takes to “keep Britain safe” in the event of a Eurozone break-up. |
Yield on Spanish medium-term bonds leaps to more than 5%The yield on Spanish medium-term bonds increased in a sale today as it was confirmed that the country has entered recession amid fears of an escalation in the Spanish banking crisis. |
Facebook halts orders for IPO sharesSocial networking giant Facebook has stopped taking share orders ahead of tomorrow’s eagerly awaited stock market flotation. |
Share tracking app aims to cater for investors of all levelsFlexiShareTrade, a new web and iPhone app, has been launched today, aimed at helping investors keep track of their shares and the latest market movements. |
King blames euro debt crisis for UK woes as euro shares slideThe euro has plummeted to a four-month low against the dollar and global stocks have plunged amid mounting speculation that Greece could be forced to quit the Eurozone. |
Taxpayers ‘could wait years’ to get money back from RBS & LloydsIt could take at least five years to sell off the taxpayer stakes in RBS and Lloyds Banking Group, financial experts told MPs yesterday. |
Germany grows, France stagnates ahead of Hollande-Merkel meetingThe German economy has roared back to growth, expanding by 0.5 per cent, whilst the French economy was flat in the first quarter of 2012, new GDP data reveals. |
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