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PERSONAL FINANCE
Investment news
MONEY
National Savings axes PO bonds link
National Savings and Investments put further distance between itself and the Post Office on Thursday with the announcement that it will stop selling certain products through its branch network.
MONEY
Equity release market stabilising
The equity release market showed signs of stabilising during the third quarter of the year on the back of rising house prices, figures have shown.
MONEY
Investment funds at record levels
Sales of investment funds during August reached their highest level on record for the month as consumer confidence continued to increase, figures showed.
POLITICS
Mandelson advocates 'wise spending'
Lord Mandelson is seeking to regain the initiative in the public spending row by claiming services can improve without more major investment.
CITY
Gold price and mergers boost FTSE
The London market reached another high for the year as rising gold prices boosted miners and more merger news added to positive sentiment.
COURTS
Equitable investors head to court
Equitable Life policyholders are launching a legal action over the Government's failure to implement in full compensation recommendations made by a parliamentary watchdog.
INDUSTRY
Nissan investment will boost jobs
Japanese car giant Nissan has announced plans to create hundreds of new jobs in a £200 million investment to build batteries for electric cars.
CITY
UKFI unveils £10.9bn paper losses
The body set up to manage the Government's stake in Lloyds Banking Group and Royal Bank of Scotland said that it has been sitting on paper losses of £10.9 billion.
MONEY
Investment fund sales still rising
Sales of investment funds rose for the fourth month in a row during May as consumers hunted for higher returns on their cash, new figures show.
FEEDMoney Headlines
- CW, DSG and M&B due to report
- Hershey ups Kraft bid for Cadbury
- Bank outlines plans to rein in risk
- Car maker switches plant to UK
- US stocks fall as dollar rises
- Travel firms lead FTSE 100 lower
- 1,900 jobs go as off-licences close
- Car production dip lowest this year
- Nationwide: Rates will remain low
- Major firms in Matalan buy-out bid
Rich lists - pricey properties
There may be chaos in the financial and property worlds, but some houses look immune to the gloom. Check out these pricey properties
