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It's Exam TIme
I'm writing the semester's first exam for my fixed income class. As usual, I'm not looking forward to the grading (this time, I am NOT giving them any short answer questions - their answers are anything but). I'm hoping at least one of...
Published
02-28-2010 4:49 AM
by
Financial Rounds
Filed under:
Humor
,
Exams
US Q4 economic growth figures revised upwards
The Commerce Department today revealed that the world’s no.1 economy grew at a faster rate in the fourth quarter than previous estimates showed. According to official figures, the US economy grew by an annual 5.9% between the October and December period...
Published
02-26-2010 2:09 PM
by
Finance Markets: Finance News | UK Personal Financial News & Daily Finance Market News
Filed under:
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Economy News
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UK
,
US
,
GDP
,
Commerce Department
,
economic growth
,
revised
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upwards
,
Q4
High street spending recovers as shoppers return
The quarterly Confederation of British Industry (CBI) report has revealed shoppers returned the High Street in their droves in February after UK retailers reported their strongest growth in sales volumes for two years in early February. The CBI also believes...
Published
02-26-2010 10:59 AM
by
Finance Markets: Finance News | UK Personal Financial News & Daily Finance Market News
Filed under:
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Economy News
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house prices
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February
,
Nationwide Building Society
,
retail sales
,
growth
,
Confederation of British Industry
,
CBI
,
consumer spending
,
distributive trades survey
,
revised
,
upwards
,
Q4
Japanese factory output and retail sales gain
The recovery in the world’s second largest economy appears to be gathering strength after figures revealed a rise in industrial output and retail sales. Official figures have today revealed retail sales rose last month for the first time since August...
Published
02-26-2010 10:41 AM
by
Finance Markets: Finance News | UK Personal Financial News & Daily Finance Market News
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Economy News
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interest rates
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Japan
,
industrial output
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rise
,
deflation
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retail sales
,
recovery
,
pressures
JAL reports 177.9bn yen loss
Japan Airlines (JAL), which last month filed for bankruptcy protection, has today posted a net loss of 177.9 billion yen (£1.31 billion, $2 billion) for the nine months to December 2009. The airline’s executive officer, Norikazu Saito, told reporters...
Published
02-26-2010 10:20 AM
by
Finance Markets: Finance News | UK Personal Financial News & Daily Finance Market News
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shares
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Company News
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loss
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bankruptcy protection
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International Air Transport Association
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airline industry
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Japan Airlines
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JAL
,
Tokyo Stock Exchange
,
delisted
Portsmouth FC to enter administration
Portsmouth Football Club is to enter administration today as the Premier League side struggles under a mountain of debt totalling £60 million - including more than £12 million owed in tax to HM Revenue and Customs. The club has failed to attract a buyer...
Published
02-26-2010 10:09 AM
by
Finance Markets: Finance News | UK Personal Financial News & Daily Finance Market News
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fail
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administration
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debts
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Watford Football Club
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relegation
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attract
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Portsmouth Football Club
,
enter
,
Crystal Palace
Fill Tax with QuickTax: TFB is Giving 2 Copies!
Earlier this week, I was telling that I tried filling my taxes with QuickTax. I have received a free copy and I really liked it! The great news is that I have also 2 more copies to give away! The version is QuickTax Standard (you can find more info in...
Published
02-26-2010 10:00 AM
by
The Financial Blogger
Filed under:
taxes
Relying on your overdraft is a debt problem, claims CCCS
UK consumers who never manage to escape their overdraft should seek debt advice, the Consumer Credit Counselling Service (CCCS) said this week. It issued the guidance after research by moneysupermarket.com found one in ten British adults live on their...
Published
02-26-2010 9:57 AM
by
Finance Markets: Finance News | UK Personal Financial News & Daily Finance Market News
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overdraft
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CCCS
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helpline
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free advice
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debt problem
UK Q4 economic growth figures revised upwards
The Office for National Statistics (ONS) has today revealed that the UK economy grew by 0.3% in the October to December period - slightly higher than the 0.1% estimated last month. The figures will come as a relief to many who had feared the worst with...
Published
02-26-2010 9:54 AM
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Finance Markets: Finance News | UK Personal Financial News & Daily Finance Market News
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house prices
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UK
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February
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GDP
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Office for National Statistics
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ONS
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Nationwide Building Society
,
recovery
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revised
,
fourth quarter
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upwards
,
second estimate
Indian economy poised for high growth
In its annual budget, India’s finance minister, Pranab Mukherjee, has said the economy is in good shape and stimulus measures are set to be reviewed. The economy is recovering faster than expected after expanding at an annual rate of 7.9% in the three...
Published
02-26-2010 9:42 AM
by
Finance Markets: Finance News | UK Personal Financial News & Daily Finance Market News
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deficit
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GDP
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review
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India
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stimulus measure
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Pranab Mukherjee
,
annual budget
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good shape
House prices dip 1% in February
In the first of the UK house price indices for February, Nationwide has reported a 1% drop in the average value of a home, compared to a month earlier. The decline ends nine consecutive monthly rises and the building society points out that bad weather...
Published
02-26-2010 8:54 AM
by
Finance Markets: Finance News | UK Personal Financial News & Daily Finance Market News
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UK
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fall
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Property News
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February
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house price
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Nationwide
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average
ONS to publish second Q4 GDP estimate
Last month, the Office for National Statistics (ONS) revealed the UK crawled out of recession in the fourth quarter by seeing growth of just 0.1% in the final three months of 2009. However, the figures were only the first estimate and the second estimate...
Published
02-26-2010 8:29 AM
by
Finance Markets: Finance News | UK Personal Financial News & Daily Finance Market News
Filed under:
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Economy News
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fall
,
GDP
,
Office for National Statistics
,
ONS
,
sterling
,
concerns
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second
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business investment
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Q4
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estimate
Lloyds posts £6.3bn annual loss
Lloyds Banking Group, which is 41% owned by the taxpayer, has today posted a full-year loss of £6.3 billion. Lloyds is the third major UK bank to report its 2009 results. Yesterday, Royal Bank of Scotland (RBS) posted a £3.6 billion loss, while last week...
Published
02-26-2010 8:08 AM
by
Finance Markets: Finance News | UK Personal Financial News & Daily Finance Market News
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HBOS
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Lloyds Banking Group
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RBS
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Eric Daniels
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Barclays
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loss
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full year
,
bonuses
270,000 civil servants to stage 48-hour strike
Up to 270,000 civil servants are to stage a 48-hour national strike next month in a dispute over redundancy pay. The walkout, which will take place on 8 and 9 March, will involve job centre staff, tax workers, coastguards, border agency officials, courts...
Published
02-25-2010 6:23 PM
by
Finance Markets: Finance News | UK Personal Financial News & Daily Finance Market News
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PCS
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civil servants
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national strike
,
48-hour
,
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,
Public and Commercial Services
FSA examines complaint handling at RBS
The Financial Services Authority (FSA) is to investigate the way Royal Bank of Scotland (RBS) deals with customers’ complaints. The City Watchdog is to examine “certain aspects” of the way the bank deals with complaints but the bank...
Published
02-25-2010 6:05 PM
by
Finance Markets: Finance News | UK Personal Financial News & Daily Finance Market News
Filed under:
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Banking News
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,
RBS
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Financial Services Authority
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FSA
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,
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