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News Archive
January 2010
Simple IVA's news pages, keep an eye on the latest Finance & Money News.Bernanke wins second term as Fed chairman - 29/01/10
Ben Bernanke has won a second term as chairman of the US Federal Reserve, but by the narrowest margin seen in decades
Ben Bernanke has won a second term as chairman of the US Federal Reserve, but by the narrowest margin seen in decades
Weak US data causes FTSE 100 to slump - 28/01/10
The FTSE 100 slumped significantly in afternoon trading after weak economic data raised further concern over the pace of recovery in the US economy
The FTSE 100 slumped significantly in afternoon trading after weak economic data raised further concern over the pace of recovery in the US economy
Toyota cut jobs and recalls 1.1m cars in US - 28/01/10
Toyota has announced 750 jobs could be lost at one of its UK plants this summer
Toyota has announced 750 jobs could be lost at one of its UK plants this summer
Obama announces jobs top priority in 2010 - 28/01/10
Barack Obama has announced the creation of a million new jobs will be the chief priority for his administration in the coming year in his first State of the Union address
Barack Obama has announced the creation of a million new jobs will be the chief priority for his administration in the coming year in his first State of the Union address
Banking sector helps FTSE 100 up marginally - 28/01/10
The FTSE 100 was up marginally in early trading this morning, after closing at a five-week low last night
The FTSE 100 was up marginally in early trading this morning, after closing at a five-week low last night
FTSE 100 ends Wednesday at five-week low - 27/01/10
The FTSE 100 closed at a five-week low on Wednesday, down 1
The FTSE 100 closed at a five-week low on Wednesday, down 1
FTSE 100 down one per cent on Wednesday - 27/01/10
Slumps in the banking and mining sectors on Wednesday morning caused the FTSE 100 to drop almost one per cent in early trading
Slumps in the banking and mining sectors on Wednesday morning caused the FTSE 100 to drop almost one per cent in early trading
UK limps out of worst-ever recession - 26/01/10
Official estimates have today confirmed that Britain finally came out of recession last year - but only by the narrowest of margins
Official estimates have today confirmed that Britain finally came out of recession last year - but only by the narrowest of margins
End of recession fails to impress markets - 26/01/10
The FTSE 100 fell in early trading on Tuesday, despite Britain appearing to emerge from its worst recession since the end of the second world war
The FTSE 100 fell in early trading on Tuesday, despite Britain appearing to emerge from its worst recession since the end of the second world war
PM to ignore Cameron 'shouting' over deficit - 26/01/10
Gordon Brown has dismissed complaints by David Cameron that the government is not doing enough to reduce the country's deficit as "shouting"
Gordon Brown has dismissed complaints by David Cameron that the government is not doing enough to reduce the country's deficit as "shouting"
Miners push FTSE down despite banking rally - 25/01/10
A continued banking shares rally on Monday was not enough to push the FTSE 100 into an improved closing price as miners dragged the index down
A continued banking shares rally on Monday was not enough to push the FTSE 100 into an improved closing price as miners dragged the index down
Ferrero declares itself out of Cadbury race - 25/01/10
Italian firm Ferrero has today confirmed it's pulling out of the battle to takeover British chocolate institution Cadbury
Italian firm Ferrero has today confirmed it's pulling out of the battle to takeover British chocolate institution Cadbury
Goldman Sachs pay and bonuses 'capped at £1m' - 25/01/10
Goldman Sachs's 100 UK-based partners are capping their pay and bonuses at £1 million each, reports claim
Goldman Sachs's 100 UK-based partners are capping their pay and bonuses at £1 million each, reports claim
Banks help FTSE 100 open steadily - 25/01/10
The FTSE 100 opened slightly up at the start of the week with the banking sector registering significant gains
The FTSE 100 opened slightly up at the start of the week with the banking sector registering significant gains
British public 'don't trust banking sector' - 25/01/10
The British public still do not trust the banking sector in the wake of the global financial crisis, research has found
The British public still do not trust the banking sector in the wake of the global financial crisis, research has found
FTSE dips slightly before weekend away - 22/01/10
The aftershocks of Barack Obama's banking reforms failed to dent the FTSE 100 too badly on Friday as it closed slightly down
The aftershocks of Barack Obama's banking reforms failed to dent the FTSE 100 too badly on Friday as it closed slightly down
Fraud costing Britain £30bn every year - 22/01/10
It has been revealed that fraud in Britain costs the country over £30 billion a year, which equates to £621 for each adult
It has been revealed that fraud in Britain costs the country over £30 billion a year, which equates to £621 for each adult
Christmas retail sales a 'disappointment' - 22/01/10
The retail sales volumes over Christmas were a "disappointment" according to analysts, as figures failed to show a significant rise
The retail sales volumes over Christmas were a "disappointment" according to analysts, as figures failed to show a significant rise
FTSE flat as market reacts to Obama plans - 22/01/10
Despite the Dow Jones and the Nikkei seeing shares tumble on the back of Barack Obama's banking reform announcement, the FTSE 100 remained flat in early trading on Friday
Despite the Dow Jones and the Nikkei seeing shares tumble on the back of Barack Obama's banking reform announcement, the FTSE 100 remained flat in early trading on Friday
US jobs concern causes FTSE 100 to drop - 21/01/10
The surprise rise in the number of people in the US making claims for unemployment benefits caused the FTSE 100 to slump considerably on Thursday
The surprise rise in the number of people in the US making claims for unemployment benefits caused the FTSE 100 to slump considerably on Thursday
Morrisons reports strong Christmas trading - 21/01/10
UK supermarket Morrisons has said it recorded "another strong Christmas" in 2009, beating off competition from Tesco and Sainsbury's
UK supermarket Morrisons has said it recorded "another strong Christmas" in 2009, beating off competition from Tesco and Sainsbury's
China's economic growth exceeds expectations - 21/01/10
China has revealed its economy exceeded even its own ambitious expectations to grow by 8
China has revealed its economy exceeded even its own ambitious expectations to grow by 8
United Utilities help FTSE 100 bounce back - 21/01/10
The FTSE 100 bounced back from yesterday's worst performance in a month to start Thursday in positive fashion this morning
The FTSE 100 bounced back from yesterday's worst performance in a month to start Thursday in positive fashion this morning
Union calls off BA cabin crew Easter strikes - 21/01/10
The union behind the threatened strike action of British Airways (BA) cabin crew has today said it will not take place over Easter as planned
The union behind the threatened strike action of British Airways (BA) cabin crew has today said it will not take place over Easter as planned
China caution drags miners and FTSE 100 down - 20/01/10
Good news for the UK jobs market could not overcome uncertainty over bank lending in China as the FTSE 100 was dragged down in Wednesday trading
Good news for the UK jobs market could not overcome uncertainty over bank lending in China as the FTSE 100 was dragged down in Wednesday trading
UK unemployment rate falls marginally - 20/01/10
The number of people unemployed in the UK fell by 7,000 from September to November, the first quarterly fall since May 2008
The number of people unemployed in the UK fell by 7,000 from September to November, the first quarterly fall since May 2008
King calls on govt to cut public deficit - 20/01/10
Mervyn King, the governor of the Bank of England, has once again warned the government it must cut the public deficit
Mervyn King, the governor of the Bank of England, has once again warned the government it must cut the public deficit
FTSE 100 down despite jobs market boost - 20/01/10
The FTSE 100 started the day slightly down on Wednesday, despite the news unemployment in Britain slipped slightly between September and November last year
The FTSE 100 started the day slightly down on Wednesday, despite the news unemployment in Britain slipped slightly between September and November last year
Row between Google and China deepens - 20/01/10
Google has delayed the launch of two mobile phones in China as the dispute over government censorship continues to rumble on
Google has delayed the launch of two mobile phones in China as the dispute over government censorship continues to rumble on
Burberry drives FTSE 100 forward - 19/01/10
The FTSE 100 has continued its positive start to the week, ending the day up 0
The FTSE 100 has continued its positive start to the week, ending the day up 0
'Unexpected' rise in rate of UK inflation - 19/01/10
Inflation in the UK has risen to its highest level in nine months following a record increase last month
Inflation in the UK has risen to its highest level in nine months following a record increase last month
Cadbury board approves higher Kraft bid - 19/01/10
British confectionary firm Cadbury is to be taken over by Kraft after agreeing an improved offer from the US food giant
British confectionary firm Cadbury is to be taken over by Kraft after agreeing an improved offer from the US food giant
FTSE 100 down despite Cadbury takeover - 19/01/10
The FTSE 100 began Tuesday down half a per cent, despite the positive reaction to the news Cadbury is to be taken over by US food company Kraft
The FTSE 100 began Tuesday down half a per cent, despite the positive reaction to the news Cadbury is to be taken over by US food company Kraft
FTSE 100 up on positive mining prices - 18/01/10
The FTSE 100 started the week in positive fashion, ending Monday up 0
The FTSE 100 started the week in positive fashion, ending Monday up 0
Lowest housing stock of century for sellers - 18/01/10
The UK is experiencing the lowest stock in the housing market this century, "creating a window of opportunity for sellers", according to analysts
The UK is experiencing the lowest stock in the housing market this century, "creating a window of opportunity for sellers", according to analysts
Brown reaches out to middle Britain - 18/01/10
Gordon Brown has attempted to draw a line under accusations he has been stoking a class war with a direct appeal to the "mainstream majority" of Britain
Gordon Brown has attempted to draw a line under accusations he has been stoking a class war with a direct appeal to the "mainstream majority" of Britain
Growing confidence for economic recovery - 18/01/10
Businesses are considerably more optimistic about the country's economic prospects compared to this time last year, a new survey from Lloyds TSB has found
Businesses are considerably more optimistic about the country's economic prospects compared to this time last year, a new survey from Lloyds TSB has found
Osborne pledges immediate spending cuts - 15/01/10
George Osborne has said for the first time that a Conservative government would make reductions to government spending if they win the general election this year
George Osborne has said for the first time that a Conservative government would make reductions to government spending if they win the general election this year
BA and miners help lift FTSE 100 - 15/01/10
British Airways and the mining sector helped lift the FTSE 100 slightly on Friday morning
British Airways and the mining sector helped lift the FTSE 100 slightly on Friday morning
Obama to banks: We want our money back - 15/01/10
Barack Obama has announced a new tax on the US banking sector, telling Wall Street it must repay $117 billion (£72 billion) of taxpayers' money
Barack Obama has announced a new tax on the US banking sector, telling Wall Street it must repay $117 billion (£72 billion) of taxpayers' money
Miners help FTSE 100 fight retail gloom - 14/01/10
Miners helped the FTSE 100 counter significant losses in the retail sector on Thursday
Miners helped the FTSE 100 counter significant losses in the retail sector on Thursday
China insists Google complies with law - 14/01/10
Google must comply with Chinese laws on internet censorship if it is to maintain operations in the country, Beijing said in its first response to the search engine's claim it could pull out
Google must comply with Chinese laws on internet censorship if it is to maintain operations in the country, Beijing said in its first response to the search engine's claim it could pull out
Obama to announce bailout bank fees - 14/01/10
Barack Obama will today announce that he is imposing a fee on banks designed to help the US government recover the costs of its Wall Street bailout
Barack Obama will today announce that he is imposing a fee on banks designed to help the US government recover the costs of its Wall Street bailout
Mining sector helps lift FTSE 100 - 14/01/10
The mining sector helped lift the FTSE 100 in early trading with the London index up 0
The mining sector helped lift the FTSE 100 in early trading with the London index up 0
Worries over China cause FTSE 100 to fall - 13/01/10
The FTSE 100 ended Wednesday down almost half a per cent as concerns over China continued to worry world stock markets
The FTSE 100 ended Wednesday down almost half a per cent as concerns over China continued to worry world stock markets
Google to escape great firewall of China - 13/01/10
Google has said it will no longer submit to Chinese government censorship of its search results after revealing human rights activists' Gmail accounts had fallen victim to an attempted hack
Google has said it will no longer submit to Chinese government censorship of its search results after revealing human rights activists' Gmail accounts had fallen victim to an attempted hack
FTSE continues to decline as snow falls - 13/01/10
The FTSE 100 continued to fall on Wednesday morning, losing 0
The FTSE 100 continued to fall on Wednesday morning, losing 0
Survey sparks concern over new retirement age - 13/01/10
A new survey has suggested a large number of people planning on retiring this year could be in for a shock due to the fact the minimum age of retirement is set to rise to 55 in April
A new survey has suggested a large number of people planning on retiring this year could be in for a shock due to the fact the minimum age of retirement is set to rise to 55 in April
RBS boss: Parents think I earn too much - 13/01/10
The chief executive of Royal Bank of Scotland (RBS) has admitted even his own parents believe he is overpaid
The chief executive of Royal Bank of Scotland (RBS) has admitted even his own parents believe he is overpaid
Tesco enjoys best Christmas for three years - 12/01/10
Supermarket giant Tesco revealed its performance over Christmas was the strongest in three years
Supermarket giant Tesco revealed its performance over Christmas was the strongest in three years
House prices rising but 'at slower pace' - 12/01/10
UK house prices continued to rise in December but at a slower pace, surveyors have said today
UK house prices continued to rise in December but at a slower pace, surveyors have said today
Mining stocks cancel out Tesco gains - 12/01/10
The FTSE 100 was down over half a per cent in early trading on Tuesday with mining stocks countering gains by supermarket giant Tesco
The FTSE 100 was down over half a per cent in early trading on Tuesday with mining stocks countering gains by supermarket giant Tesco
UK still waiting for economic growth - 12/01/10
Despite hopes Christmas sales would boost the economy, an economic survey has found there is no "conclusive evidence of any robust" UK growth
Despite hopes Christmas sales would boost the economy, an economic survey has found there is no "conclusive evidence of any robust" UK growth
FTSE 100 begins week on record high - 11/01/10
The FTSE 100 began the week up slightly after reaching a 16-month high
The FTSE 100 began the week up slightly after reaching a 16-month high
CBI: Firms business volumes 'falling back' - 11/01/10
There has been "disappointing" activity in the financial services sector with no further growth expected in early 2010, a new report has claimed
There has been "disappointing" activity in the financial services sector with no further growth expected in early 2010, a new report has claimed
Shelter: Mortgages being paid by credit card - 11/01/10
A homeless charity has warned more than one million householders are using credit cards to pay their mortgage or rent
A homeless charity has warned more than one million householders are using credit cards to pay their mortgage or rent
North-east out of recession, report says - 11/01/10
The north-east of England clawed itself out of recession at the end of last year, a report said on Monday
The north-east of England clawed itself out of recession at the end of last year, a report said on Monday
FTSE 100 reaches 16-month high - 11/01/10
The FTSE 100 experienced a strong start to the week, opening on Monday morning up over one per cent
The FTSE 100 experienced a strong start to the week, opening on Monday morning up over one per cent
FTSE up despite gloomy US job figures - 08/01/10
The FTSE 100 ended the week up despite the announcement of a surprising rise in job losses in the US
The FTSE 100 ended the week up despite the announcement of a surprising rise in job losses in the US
Virgin retail bank moves step closer - 08/01/10
Corporate giant Virgin is set to break into yet another market, with plans to take steps into retail banking
Corporate giant Virgin is set to break into yet another market, with plans to take steps into retail banking
FTSE opens up ahead of US job data - 08/01/10
The FTSE 100 opened slightly up on Friday morning as traders tentatively await US job data
The FTSE 100 opened slightly up on Friday morning as traders tentatively await US job data
New car sales slump in 2009 - 08/01/10
Almost two million news cars were sold last year, the lowest level since 1995, new figures have revealed
Almost two million news cars were sold last year, the lowest level since 1995, new figures have revealed
FTSE unaffected by interest rate decision - 07/01/10
The FTSE 100 ended Thursday slightly down after the Bank of England decided to hold interest rates at 0
The FTSE 100 ended Thursday slightly down after the Bank of England decided to hold interest rates at 0
Sainsbury's confirms record Christmas sales - 07/01/10
Sainsbury's has revealed details of its record Christmas performance in 2009, with total sales for the third quarter (Q3) up 6
Sainsbury's has revealed details of its record Christmas performance in 2009, with total sales for the third quarter (Q3) up 6
Actuary most appealing job of 2010 - 07/01/10
Being an actuary is the best overall job to have, while oil rig roustabout is the worst, a new survey has suggested
Being an actuary is the best overall job to have, while oil rig roustabout is the worst, a new survey has suggested
Thames tube line proposed as London's answer - 07/01/10
A speed boat service on the river Thames could carry nearly as many people as the Waterloo and City London Underground line, according to a new report
A speed boat service on the river Thames could carry nearly as many people as the Waterloo and City London Underground line, according to a new report
Miners offset M&S to send FTSE higher - 06/01/10
The FTSE 100 closed slightly higher on Wednesday evening as a good day's trading for miners offset losses by retailers led by Marks and Spencer
The FTSE 100 closed slightly higher on Wednesday evening as a good day's trading for miners offset losses by retailers led by Marks and Spencer
Job growth at two-year high in December - 06/01/10
The latest employment figures show there are more jobs and higher wages for permanent workers, but experts warn that talk of a full recovery is optimistic
The latest employment figures show there are more jobs and higher wages for permanent workers, but experts warn that talk of a full recovery is optimistic
FTSE 100 down in early trading on Wednesday - 06/01/10
After closing up last night, Britain's leading share index started Wednesday down 0
After closing up last night, Britain's leading share index started Wednesday down 0
Marks and Spencer boosted by Christmas sales - 06/01/10
Marks and Spencer (M&S) has said it had a "good Christmas" in terms of sales, but warned of challenging conditions in 2010
Marks and Spencer (M&S) has said it had a "good Christmas" in terms of sales, but warned of challenging conditions in 2010
FTSE 100 closes up 0.4 per cent on Tuesday - 05/01/10
The FTSE 100 has continued its good start to the year today, closing at 0
The FTSE 100 has continued its good start to the year today, closing at 0
Iceland's president orders vote on Icesave - 05/01/10
Iceland's president has refused to sign a bill to repay billions lost to UK and Dutch savers from Icesave accounts
Iceland's president has refused to sign a bill to repay billions lost to UK and Dutch savers from Icesave accounts
John Lewis sees 'excellent sales' over Xmas - 05/01/10
UK department store John Lewis has announced today it saw its best-ever Christmas sales in 2009
UK department store John Lewis has announced today it saw its best-ever Christmas sales in 2009
FTSE 100 steadies after sharp rises - 05/01/10
The FTSE 100 started down on Tuesday, but edged up to 0
The FTSE 100 started down on Tuesday, but edged up to 0
Government rolls out boiler scrappage scheme - 05/01/10
The government has today announced the launch of its boiler scrappage scheme, which it says will help households save money on fuel bills
The government has today announced the launch of its boiler scrappage scheme, which it says will help households save money on fuel bills
FTSE continues bumper start to new year - 04/01/10
The FTSE 100 has enjoyed an ebullient start to 2010 after closing up 1
The FTSE 100 has enjoyed an ebullient start to 2010 after closing up 1
World's tallest building unveiled in Dubai - 04/01/10
The Burj Khalifa, the world's tallest building, has been officially opened in the Gulf state
The Burj Khalifa, the world's tallest building, has been officially opened in the Gulf state
Mortgage approvals more than double - 04/01/10
Mortgage approvals more than doubled during the past year, new figures show, indicating a continuing recovery in the housing market
Mortgage approvals more than doubled during the past year, new figures show, indicating a continuing recovery in the housing market
OFT chief attacks Ryanair payment fees - 04/01/10
Ryanair has been accused of being "puerile and childish" over its payment policy
Ryanair has been accused of being "puerile and childish" over its payment policy
Clarke admits Tories could raise taxes - 04/01/10
Ken Clarke has admitted that increasing taxes to reduce the UK's budget deficit is a possibility should the Conservatives come to power in the next general election
Ken Clarke has admitted that increasing taxes to reduce the UK's budget deficit is a possibility should the Conservatives come to power in the next general election
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