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U.K. markets news

Global Markets Gain as Oil Rebounds
Global markets were mostly higher Monday after the Federal Reserve's pledge not to rush to raise interest rates prompted investors to add risky assets ahead of the year-end holiday.
Saudi Arabia: We'll never cut oil production  CNNMoney
Saudi oil minister says ready to raise output if new clients emerge  Reuters UK
Reuters Canada   Related articles »  
B&Q-owner Kingfisher to sell controlling stake in its China business
Home improvement retailer Kingfisher is selling a controlling stake in its B&Q China operation as it looks to concentrate on its core European markets.
B&Q China Stake Sale Nets Owner �140m  Sky News
Kingfisher sells B&Q China stake as DIY fails to take off  The Guardian
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London financiers expect a 21% bonus boost for 2014 despite banking scandals
Senior financiers in London are predicting a 21% boost in bonuses for 2014 despite regulatory crackdowns and a raft of banking industry scandals.
City Bonuses 'To Rise 21%' Despite Cap Rules  Sky News
City Workers Expect Bigger Bonuses in 2015  Fresh Business Thinking
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UK economic recovery: BoE predicts pay rises and increased hiring in 2015
A prominent member of the Bank of England's interest-rate setting committee has predicted a rise in pay for Britons and more permanent jobs being created amid a stronger economic recovery.
Half of British firms expect to hire more workers in the new year but the ...  This is Money
Half of UK companies plan to expand workforce in 2015, says CBI  Nottingham Post
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Shares, oil and rouble rally into Christmas period
LONDON (Reuters) - World share markets extended their 'Santa rally' into a fourth day on Monday, as a recovery in beaten-down oil prices and the rouble and more calls for quantitative easing from the ECB helped lift sentiment.
GLOBAL MARKETS-Shares, oil and rouble rally into Christmas period  Reuters
MarketsEurope still basking in glow of Fed's warm words  Financial Times
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Oil's 50% Drop From 2014 High Stokes Faith in Rally
The slump in oil that drove U.S. prices down as much as 50 percent from this year's high is spurring the most bullish bet by hedge funds in four months.
OPEC's Dominance Of Energy Market 'Is Over'  Sky News
Opec's 50-year dominance over global oil market is over, says former ...  International Business Times UK
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Afren shares jump on Seplat bid approach
Afren, the Africa and Iraq focused oil and gas group, has revealed that it has received an early bid approach from Nigeria's Seplat Petroleum.
UPDATE 1-Afren gets preliminary approach from Nigeria's Seplat  Reuters
Afren Advances Most in Five Years After Approach From Nigeria  Businessweek
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Job rich recovery to unlock broadest pay growth since 2006, says CBI
Britain's job-rich recovery will strengthen next year, with robust growth in permanent employment paving the way for the broadest rise in real pay since before the financial crisis, according to a respected survey.
UK Firms Expect To Offer A Bit More Pay In 2015: CBI  International Business Times
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S Korea nuclear firm to hold cyber-attack drills after hack
South Korea's nuclear plant operator is to conduct drills testing its ability to withstand a cyber-attack, after a data leak and threats from a hacker.
SKorea Holds N-Plant Drills Against Cyber Threats  New York Times
South Korea launches nuclear power cyber-attack drills after hack  The Guardian
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Oil majors pump up FTSE 100
Oil majors crowded at the top of a resurgent FTSE 100 on Monday, as crude prices held above $60 a barrel after Saudi Arabia's oil minister repeated his assertion that the oil market would improve.
UK Stocks Advance for Fifth Day as BP, Shell Lead Energy Rally  Businessweek
Oil joins the festive rally  IG
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