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December 2, 2009 ???? Miner Lonmin leads 100 on broker upgrade by Elaine Frei Equities markets saw gains in Europe Wednesday as miners saw gains on higher metals prices. The FTSE 100 added 0.29 percent to 5,327.39 in London, while the FTSE 250 gained 0.37 percent to 9,169.04. Miner Lonmin (LSE: LMI) led gainers on the 100 as it added 3.24 percent after Investec raised its recommendation on the copper miner from “hold” to “buy”, while Gem Diamonds (LSE: ...Read More...

December 2, 2009 ???? Soaring numbers calling CAB with debt problems by Kay Murchie Research has revealed that the number of people contacting the Citizens Advice Bureau (CAB) for help with debt problems has surged by 20% in the last 12 months. The independent charity, which was established 70 years ago to help people with war-related problems, provides information and advice to help people with their money, legal, consumer and other problems. The CAB said that during the three ...Read More...

December 1, 2009 ???? House prices up 0.5% by Gill Montia Nationwide has published the first of the November 2009 house price surveys, claiming that the average cost of a UK home rose 0.5% during the month, to £162,764. The seventh consecutive monthly increase follows an identical rise in October and takes annual house price inflation to 2.7%. The building society remarks that the UK labour market has so far held up better than expected and that house prices ...Read More...

December 1, 2009 ???? Miners Fresnillo, Xstrata gain most on 100 by Elaine Frei European equities markets saw gains Tuesday as worries about the effect of Dubai’s debt problems continued to recede. The FTSE 100 added 2.34 percent to 5,312.17 in London, while the FTSE 250 gained 2.43 percent to 9.135.11 as miners gained on higher metals prices. Gold and silver miner Fresnillo (LSE: FRES) led gainers on the 100 as it added 7.47 percent and turned in the ...Read More...

December 1, 2009 ???? UAE takes action to allay investors fears by Kay Murchie Shares in Dubai continued their decline today following the country’s debt crisis after the stock market closed 5.61% down. Abu Dhabi lost 3.57%, while Qatar’s main index closed down 8.27%. However, in a bid to calm investors fears, the president of the United Arab Emirates has attempted to reassure them by issuing a statement saying that region’s economy was in good condition. Last week, it ...Read More...

December 1, 2009 ???? Brits lazy at Christmas saving by David Masters Just 15% of Brits have put aside money to pay for Christmas, according to research published this week. Seven in ten (71%) plan to pay for Christmas using their regular monthly income, while 14% will put their Christmas spending onto a credit card. Nearly five million Brits are still paying off debts from last year’s Christmas, the study found.

Continued here: Brits lazy at Christmas saving

December 1, 2009 ???? Yorkshire and Chelsea building societies in merger talks by Kay Murchie It has been reported that the Yorkshire Building Society is in talks with the Chelsea Building Society about a possible merger. Should a deal prove to be successful between the Yorkshire and Chelsea, it would create an institution with over 2 million customers and assets of around £38 billion. The deal will be the biggest merger in the building society sector since Nationwide took ...Read More...