Closing Market: FTSE higher again as retailers push ahead

Retailers post sharp gains, pushing the FTSE nearly 60 points higher.

BA traffic down again but company confident of hitting estimates

Premium traffic worst affected as rival Ryanair grows passenger numbers.

Q&A: What does the Russian gas dispute mean for us?

Russia is once again showing off its importance in the power markets, cutting off supply to the Balkans and Austria via Ukraine.

Video Comment: What the Next and Debenhams results mean

Next and Debenhams sent retail stocks soaring earlier today after performing better than feared, but what do their numbers tell us about the state of the high street?

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The Money Blog

Is the FSA right to lift the ban on short selling?

By Tony Bonsignore | 14:16 | 06 Jan 2009

The short sellers are back. But for how long, and what difference will it make?

M&S to shed 1000 staff, reports suggest

Is the boom over for supermarkets?

Eurozone inflation falls to two year low

UK services sector remains near record lows

Smaller firms face pensions decline

Debenhams' upbeat statement sends shares soaring over 30%

StanLife stakeholder with-profits payout cut 10%

House prices dip another 2.5% in December

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Advice

10 Questions to ask Yourself About Divorce

By Barry Horner

10 Questions to ask Citywire

10 Questions to ask an Accountant

The Advice section has dozens of articles written by experts explaining the basics of money on subjects ranging from advice to investment and families to pensions - all in simple language. Click here for the full list.

Citywire Comment

Morning Line: How long will the house price correction last?

By Tony Bonsignore | 11:35 | 06 Jan 2009

Against nearly all the optimistic predictions of a year ago, house prices fell by 16% in 2008. But while embarrassed 'experts' sit on the fence this time round, nervous buyers and sellers must still make a call.

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Editor's Choice

Retirement

The best opportunity yet for workplace pensions

By Steve Bee | 00:01 | 04 Jan 2009

The days of earnings-related state second pensions are well and truly over.

Property and Mortgages

Property becomes affordable for first time buyers

By Lorna Bourke | 00:01 | 06 Jan 2009

For first time buyers, the 16.2% fall in property values over the past year means that even for those with only a 10% deposit, a home of their own is now within reach.

Jancis Robinson's Wine of the Week

A beautiful Rhône for your Christmas table

By Jancis Robinson | 15:54 | 12 Dec 2008

Great wine, great label, great price: what more could you ask for?

More wine?

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