Top news stories

May 18, 2012 - 9:28am
By Cathy Adams
Santander among cluster of downgraded Spanish banks
Ratings agency Moody’s has slashed the ratings of 16 Spanish banks, including Santander, over concerns for the country’s banking system. It cut Santander UK, a subsidiary of Spanish banking giant Banco Santander, one notch to A2 with a negative outlook. Parent company Banco Santander’s rating was cut by two notches to A3.
May 17, 2012 - 2:06pm
The pension deficits of the UK’s biggest companies have ballooned by £30 billion since the start of May, as the latest eurozone emergency causes markets to plummet.
May 17, 2012 - 3:41pm
F&C Investments is to launch a US equity investment trust with a value bias.
May 17, 2012 - 1:53pm
Low-cost fund provider Vanguard Asset Management is to finally launch five exchange traded funds (ETFs) in the UK.
May 17, 2012 - 1:54pm
There are 6.25 million Brits over the age of 50 who have no pension plan in place and are set to retire on just the basic state pension, according to LV='s state of retirement report.

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