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News and comment

Welcome to your on-line financial newsletter. This service is regularly updated to bring you news of important developments in financial matters.

The news stories on this page have been written and produced by a third party and neither nor its representatives can be held responsible for the accuracy of the content/information contained within these stories.

Citywire Investment News

• Tech trusts: should the betamax moments turn you off?
  Wed, 22 Feb 2012 14:22:40 Z
  The tech sector has enjoyed a spectacular three-year run, but the wide discounts in the closed-end soace may be a telling sign investors still bear a grudge after the 2001 crash. 
  

• Investment complaints at Barclays Bank jump 77% in 2011
  Wed, 22 Feb 2012 13:59:14 Z
  Complaints linked to investments at Barclays spiked between 2010 and 2011, despite a broader 30% fall in gripes about the bank's other services.
  

• FundsNetwork strikes platform deal with Barclays Stockbrokers
  Wed, 22 Feb 2012 12:42:24 Z
  Fidelity FundsNetwork has struck an exclusive deal with the bank to provide its core fund platform in a move which will see it go head to head with the likes of Hargreaves Lansdown.
  

• Alan Miller teams with Deutsche to launch UK's first ETF of ETFs
  Wed, 22 Feb 2012 11:25:09 Z
  SCM Private is launching the first exchange traded fund (ETF) of ETFs in the UK in conjunction with db X-trackers, to provide a low-cost, actively managed multi-asset strategy.
  

BBC Business News

• The tax credit system changes from April 2012
  Thu, 23 Feb 2012 00:05:20 GMT
  How the tax credit system will change from April
  

• Journey around the public sector
  Thu, 23 Feb 2012 00:05:10 GMT
  Public sector casualty seeks private sector job
  

• Small firms: How to expand
  Thu, 23 Feb 2012 00:05:02 GMT
  Your latest start-up questions answered by our panel of experts
  

• HP sales fall short of forecasts
  Wed, 22 Feb 2012 21:56:45 GMT
  Computer firm Hewlett-Packard sees a drop in first-quarter sales, as it attempts to turn itself around under new chief executive Meg Whitman.
  

Citywire News

• Rexam flies ahead on profit gains as FTSE lags
  Wed, 22 Feb 2012 17:36:35 Z
  Britain?s benchmark stock index flatlines as downbeat data create a gloomy outlook despite the Greek deal averting a crisis for now.
  

• Barclays takes on Hargreaves in fight for DIY investors
  Wed, 22 Feb 2012 16:30:04 Z
  Barclays Stockbrokers has signed up funds platform Fidelity FundsNetwork in a bid to take on Hargreaves Lansdown (HRGV.L) in its core market.
  

• Welcome to an uncertain financial future
  Wed, 22 Feb 2012 15:42:48 Z
  Sandwiched between two skint generations, the Uncertain Generation are seeing their money squeezed like never before.
  

• Barclays: customer complaints down but 'still too high'
  Wed, 22 Feb 2012 14:44:48 Z
  Customer complaints fell 6% in 2011, but were up in the second half of the year and high in investments and insurance.
  

BBC News

• Commonwealth urges Maldives polls
  Thu, 23 Feb 2012 00:07:46 GMT
  The Commonwealth calls for early elections in the Maldives to help solve the crisis caused by President Mohamed Nasheed's resignation two weeks ago.
  

• Comic Frank Carson dies aged 85
  Thu, 23 Feb 2012 00:06:23 GMT
  Northern Irish comedian Frank Carson, whose catch phrases included "It's a cracker", has died aged 85, surrounded by his family.
  

• Mexico arrests riot prison guards
  Wed, 22 Feb 2012 23:55:18 GMT
  The director of a Mexican prison and 28 guards are arrested on suspicion of helping a mass breakout and the murder of 44 other inmates.
  

• Gillard calls leadership ballot
  Wed, 22 Feb 2012 23:52:19 GMT
  Australian Prime Minister Julia Gillard announces a ballot for the leadership of the Labor party to end a damaging split in the organisation.
  

Citywire Money, Tax and Property

• How to pay for long-term care of your loved ones
  Wed, 22 Feb 2012 10:29:23 Z
  The average person can expect to spend nearly 60% of their retirement in good health, but how will you pay for the other 40%?
  

• House prices see biggest rise in 10 years
  Mon, 20 Feb 2012 10:19:30 Z
  Asking prices rose 4.1% in February ? the biggest monthly increase since April 2002.
  

• What is a mortgage and how do I get one?
  Fri, 17 Feb 2012 12:12:23 Z
  We unpick the mortgage jargon to help you get to grips with the different types of loan that are available.
  

• Rents resume upward march
  Fri, 17 Feb 2012 00:01:00 Z
  Following two months of declines, the average monthly rent in England and Wales rose 0.1% in January to £712.