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$100 a barrel: oil poses threat to economy
3 Jan 2008 source: thisismoney.co.uk

Daily Mail3 January 2008, 8:09am Vote | Calculate Oil soared through the $100-a-barrel mark last night, stoking fears of higher petrol prices and rampant inflation. WANT TO KNOW MORE? Rebel attacks push oil past $100-a-barrel City experts: Financial forecasts for 2008 Economy set for a bumpy ride in 2008 City focus: Scorching prices burn economy POLL: Will the UK go into recession - two quarters without economic growth - in 2008? OTHER STORIES Santander bid hope ...


Hong Kong shares sharply lower, tracking Wall St after US data, oil spike UPDATE ...
3 Jan 2008 source: iii.co.uk

HONG KONG (XFN-ASIA) - Share prices were sharply lower in morning trade, tracking Wall Street's falls overnight as weak US manufacturing data and record oil prices heightened fears of a recession in the world's largest economy. The Institute for Supply Management said its index of US manufacturing activity fell to 47.7 pct in December, the lowest level in more than four years and its sixth straig ...


UK personal insolvencies in 2008 to rise 9 pct on Xmas spending, mortgage costs ...
3 Jan 2008 source: iii.co.uk

LONDON (Thomson Financial) - Christmas overspending, higher mortgage costs and the global credit crunch are likely to trigger a 9.1 pct rise in personal insolvencies in the UK in 2008, insolvency experts said. Some shoppers' inability to cope with the festive spending hangover will fuel at least a third of the 28,000 personal insolvencies expected in the first three months of this year, according ...


House prices 'to drop by £20,000 in a year'
2 Jan 2008 source: thisismoney.co.uk

Sean Poulter, Consumer Affairs Editor, Daily Mail2 January 2008 Reader comments (1) An average of £20,000 will be wiped off the value of every home by next Christmas, it has been claimed. WANT TO KNOW MORE? Towns to defy 2008 property gloom Overseas property hotspots for 2008 Analysis: What will happen to house prices in 2008? OTHER STORIES Will your home sell in 2008? Is there going to be a house price crash? House prices fall 'fastest for 12 years' London ...


5m 'gold' pensions in public sector
2 Jan 2008 source: thisismoney.co.uk

Daniel Martin, Political Reporter, Daily Mail2 January 2008 Chat | Quiz | Guide | Calculate Public sector workers on 'gold-plated' pension schemes outnumber their private sector counterparts by more than five to one for the first time. WANT TO KNOW MORE? Find your pension pot of gold Guide: Final salary pensions QUIZ: Pensions OTHER STORIES Victory at last for pension wind-up victims Pension plans are back in the black Cheapest Sipp providers Grandparents pick  ...


European govt bonds lower pressured by stronger equities, euro zone PMI ...
2 Jan 2008 source: iii.co.uk

LONDON (Thomson Financial) - European government bonds were lower pressured by a small revision upwards to the euro zone manufacturing PMI, and stronger equity markets, although trade was still thin as most players remained away after the New Year holiday. The Chartered Institute of Purchasing and Supply's purchasing managers index for the euro zone for December was revised to 52.6, up 0.1 on the ...


How far will the credit crunch go?
2 Jan 2008 source: thisismoney.co.uk

Anthony Bolton, Monday View, Daily Mail2 January 2008, 8:07am One of the minor drawbacks of a contrarian approach to investment - one that in my view is among the most rewarding - is that you are often early in your calls. Anthony Bolton, Managing director, Investments, Fidelity International WANT TO KNOW MORE? No early end in sight to credit crunch Credit crunch: What it means for you OTHER STORIES Santander bid hopes send A&L soaring Market report: Wednesday lat ...


Stock market winners and losers in 2007
2 Jan 2008 source: thisismoney.co.uk

Geoff Foster, Daily Mail2 January 2008, 8:42am Vote To use one of football's most well-worn cliches, 2007 was a dramatic year of two halves. For six months or so the fabulous Footsie sailed on the crest of a wave of a takeover boom and the mouthwatering prospect of a mountain of private equity cash yet to find its way into the British market. Like England's footballers, stock markets had a difficult finish to 2007. WANT TO KNOW MORE? Review of the year: The best investment ...


Santander bid hopes send A&L soaring
2 Jan 2008 source: thisismoney.co.uk

Nick Goodway, Evening Standard2 January 2008, 9:00am Shares in Alliance & Leicester soared 57p to 705p today after reports that takeover talks started by Spain's Banco Santander last month are 'not dead'. WANT TO KNOW MORE? A&L share price data Stock market winners and losers in 2007 How far will the credit crunch go? Daily Mail share tips for 2008 OTHER STORIES Market report: Wednesday latest Xstrata's Philippines project attacked Tough times ahead for the High  ...


Euroshares edge higher in opening deals, A&L soars on Santander bid talk ...
2 Jan 2008 source: iii.co.uk

LONDON (Thomson Financial) - Europe's leading exchanges turned slightly higher in opening deals with the banking sector grabbing the spotlight amid reports that Spain's Santander does not rule out resuming takeover negotiations with UK mortgage bank Alliance & Leicester. At 8.18 am, the STOXX 50 was 3.29 points or 0.09 pct higher at 3,687.08, while the STOXX 600 edged up 0.22 points or 0.06 p ...


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