Latest News

Santander sends wrong statements to 35,000 customers

High-street bank Santander has sent up to 35,000 account statements to the wrong addresses.

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Mortgage approvals hit 20-month low

Mortgage approvals for house purchases sank to a 20-month low in November, according to the British Bankers' Association. 

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Gartmore takeover: What it means for your investments

Henderson Global Investors looks set to buy troubled fund manager Gartmore.

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Third-quarter GDP downgraded

The UK economy was dealt a blow after third-quarter GDP figures were unexpectedly downgraded.  

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Vince Cable breathes again over News Corp comments

Business secretary Vince Cable was clinging onto his Cabinet job today, after being stripped of his responsibility for Ofcom and media business after 'declaring war' on Rupert Murdoch.

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RBC completes BlueBay deal

Royal Bank of Canada has completed the acquisition of structured product and bond fund provider BlueBay Asset Management.

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Db x-trackers launches 10 ETFs

Ten ETFs have been launched by Deutsche Bank, giving access to a range of MSCI world sectors.

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Top rates to kickstart the New Year savings habit

There are several new top paying fixed-rate savings accounts on the market. 

Firstsave has launched a one-year fixed-rate bond at 3.25 per cent before tax (2.6 per cent after tax), available over the internet.

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Standardised risk measure for funds next year

Funds launching next year will have to use a standard measure to illustrate their volatility, to help investors compare the riskiness of different funds.

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Henderson to take over Gartmore

Shares in embattled fund manager Gartmore were on the back foot on Friday, after confirming it will be taken over by rival Henderson.

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Single housing index to be created

A single housing index should be introduced in the UK to provide clear and authoritative statistics, ending the confusion between the existing five indices.

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Gold miner makes debut on Aim

Junior mining group Noricum Gold (NMG) joined the bright lights of the Alternative Investment Market on Friday morning, after raising £2.12 million through a share placing.

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