Citywire Money: making the most of your money

Credit card rates set to rise as write-offs soar

by Lorna Bourke on Sep 03, 2010 at 15:51

Credit card rates set to rise as write-offs soar

If you are wondering why you pay such a high interest charge on your credit card look no further than the latest debt figures from the Bank of England.  

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Global markets soar as US jobs data brings more cheer

Sep 03, 2010 at 13:58

Today's US jobs data came in much better than expected dampening fears the world's largest economy is heading back towards recession.

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Shares tread water ahead of US jobs data

Sep 03, 2010 at 11:05

UK shares made gains for the sixth day in a row, but investors remain nervous ahead of today's US jobs data after recent mixed signals on the pace of growth in the world's largest economy. 

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Morning Line: financial crisis isn’t the problem – it's expensive old people

Sep 03, 2010 at 10:54

We risk ignoring 'the fiscal challenge of the 21st century'.

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HSBC may leave the UK if forced to split

Sep 03, 2010 at 09:39

HSBC's head of investment banking says if the UK decides banks must split their businesses in two his bank may decide to relocate.

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New Model Adviser®: for professional financial planners

Aifa names Aviva's Stephen Gay as new director general

Sep 03, 2010 at 15:58

The Association of Independent Financial Advisers has named Aviva director of distribution Stephen Gay as its new director general.

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Capita: one in 10 advisers not confident using platforms

Sep 03, 2010 at 15:39

Capita warns advisers they must be able to prove due diligence in platform selection.

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Tenet backs Aifa's level five diploma

Sep 03, 2010 at 15:22

Support services provider Tenet has backed Aifa’s level five diploma.

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N&P clashes with Fatchett over Keydata advice

Sep 03, 2010 at 15:04

Norwich & Peterborough Building Society has clashed with lawyer Gareth Fatchett after he criticised the standard of advice given to clients sold Keydata policies.

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Citywire Wealth Manager: for investment professionals

Investment Line: Has the recession permanently damaged UK GDP?

Sep 03, 2010 at 14:00

Measuring whether the UK's ouput gap is closing or lost forever after the downturn is playing a key role in determining monetary policy.

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Global markets soar as US jobs data brings more cheer

Sep 03, 2010 at 13:58

Today's US jobs data came in much better than expected dampening fears the world's largest economy is heading back towards recession.

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FSA offers discretionaries PCIAM reassurance

Sep 03, 2010 at 08:44

The CISI's Certificate in Private Client Investment Advice and Management (PCIAM) is set to appear on the FSA's list of proposed appropriate examinations for managing investments in its next consultation paper.

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Wealth managers recover second quarter losses

Sep 03, 2010 at 13:20

Research from Asset Risk Consultants (Arc) shows wealth managers managed to recover some of the losses from dreadful in May and June.

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Citywire Global: for international fund selectors

Tech sector entering age of the small caps, says AAA-rated manager

Sep 03, 2010 at 16:27

Large cap tech firms will see their growth prospects dwindle as the global slowdown kicks in, leading to a new wave of M&A activity within the small caps sector.

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Food price shocks expose vulnerability of supply

Sep 03, 2010 at 15:57

Growing concerns over global food shortages and sudden price hikes have highlighted the vulnerability of the entire food chain and investors should expect more short-term volatility in the coming months, says a leading specialist.

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Rothschild appointments, Credit Agricole fund launch: funds news roundup

Sep 03, 2010 at 15:50

Crédit Agricole has launched a new Eurozone fund with guaranteed capital return while two Rothschild businesses have announced senior appointments.

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We are all emerging investors now, says Sarasin CIO Monson

Sep 03, 2010 at 07:00

Emerging markets will be redefined and the term consigned to history, according to Sarasin CIO Guy Monson.

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