Finance Markets
Finance Markets is a general site targeted towards personal finance news.
The target market is consumers, who may be looking for financial information and news regarding financial services and investment products.
Additionally, major financial news stories relating to government regulation, major developments in business which may affect some aspect of financial services and saving, as well as key industry announcements, are also covered.
Website: Finance Markets: Personal Finance News
Latest Personal Finance Headlines:
- PPF: DB pension scheme deficit falls in February
- Shanks Group down on rejected bid
- Vodafone to axe further 375 jobs
- EU sets up micro-finance fund to help unemployed
- Pensions income gender gap looms
- Top ISA deal pays 3.5%
- UK trade deficit unexpectedly widens in January
- House sale instructions outpace buyer interest
- UK retail sales recover in February
- European version of the IMF being considered
Figures published by the Pension Protection Fund (PPF) have revealed a sharp fall in the deficit of the UK’s defined benefit pension schemes.
According to the PPF, the deficit was trimmed to £15.1 billion at the end of February from £51.9 billion at the end of January.
It is also a significant improvement on February 2009 when [...]]]>
Equities markets in Europe were mixed Tuesday.
The FTSE 100 was down 0.08 percent to 5,602.3 in London, while the FTSE 250 fell 0.12 percent to 9,774.68.
Waste management company Shanks Group (LSE: SKS) was the biggest decliner of the day in London as it dropped 15.12 percent on the 250 after its board of directors rejected [...]]]>
Telecoms company Vodafone has announced plans to cut a further 375 jobs as part of its £1 billion cost-cutting programme, undertaken last year by the company as a result of a sharp decline in revenues from its core UK market.
The company, which is the world’s largest mobile phone operator, said the job losses would [...]]]>
Unemployed people across Europe will be given the opportunity to set up their own business with money from a new EU micro-loan fund.
Up to 45,000 budding entrepreneurs could be helped by the initiative over the next eight years.
The €100 million fund was announced this week by the European Union’s Employment and Social Affairs ministers.
Ministers said [...]]]>
Women who fail to contribute to a pension fund could be leaving themselves open to difficulty during their retirement years, a pensions expert has claimed.
Laura Goodman, director of corporate communications at Rockingham Retirement, said an increasing number of women are not putting money aside for retirement.
She made the comments after research by Standard Life found [...]]]>
Santander’s ISA has been rated top in Moneynet.co.uk’s best buy charts for the fourth year in a row.
The ISA, paying 3.5%, pipped Barclay’s offering to the top spot.
Both Barclays and Santander are paying high rates than the best one-year fixed-rate ISAs.
“The Isa market is really taking shape as we approach the annual hot bed of [...]]]>
The Office for National Statistics (ONS) has today revealed the UK’s trade gap widened unexpectedly in January to a 17-month high.
The news disappointed markets and sent the already weak pound falling. Sterling fell 0.4% to €1.10 at mid morning and lost 0.75% against the dollar to fall below the $1.50 mark.
Sterling has lost around [...]]]>
The UK housing market experienced a shift in the balance between supply and demand in February, with new instructions outpacing buyer interest for the second consecutive month.
According to the Royal Institution of Chartered Surveyors’ (RICS) latest housing market survey, a net balance of 15% of surveyors reported a rise, rather than a fall, in new [...]]]>
The British Retail Consortium (BRC) has today revealed the High Street recovered in February after a dismal January, which saw shoppers avoid the stores due to the heavy snowfall.
According to the BRC, like-for-like sales were up 2.2% on the year but analysts issued caution since the figures compare with poor trading in February 2009.
Furthermore, food [...]]]>
As a result of the Greek debt crisis, the euro zone may get its own version of the International Monetary Fund (IMF), the EU said today.
The proposed institution, which could be known as the European Monetary Fund (EMF), is being considered to prevent a repeat crisis but would not be set up to organise a [...]]]>
