| FSCS: shake-up for savings safety net The Financial Services Compensation Scheme is to protect more money, while Post Office savers will transfer from the Irish protection scheme. telegraph.co.uk |
Freddie Mac wades into Ambac litigation Government-owned mortgage giant joins hedge funds in legal battle feeds.marketwatch.com |
Questor share tip: Rio still attractive despite collapse of joint venture That Rio Tinto's iron-ore joint venture with BHP Billiton in the Pilbara region of Western Australia is not going ahead should not be a surprise to anyone that has been watching the situation play out. Questors says BUY. telegraph.co.uk |
Metals Stocks: Gold retreats nearly 1% on shift to equities Gold futures revert lower as optimism over earnings from a slate of international conglomerates shifts some investors into equities. A slipping dollar provides some support. feeds.marketwatch.com |
CBI chief Richard Lambert warns against big bonuses in wake of spending cuts Richard Lambert, the director-general of the CBI, has warned the banks of "political consequences" if they fail to curb bonus payments this year. telegraph.co.uk |