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U.K. markets news

Interest rate cut likely after Brexit vote, says Mark Carney
The Bank of England has laid the ground for interest rate cuts following the Brexit vote, as its governorsaid the UK economy is already showing signs of strain.
UK stocks march on as stimulus hopes grow  Financial Times
A man with a plan, and ruthless truth  BBC News
Reuters UK  
Brexit vote leads S&P to cut European Union credit rating
Ratings agency Standard and Poor's has cut its credit grade for the European Union after the UK's Brexit vote. S&P said the cut from AA+ to AA came after reassessment "of cohesion within the EU, which we now consider to be a neutral rather than positive".
EU Credit Rating Cut After UK's Brexit Vote  Sky News
S&P downgrades European Union to 'AA' after Brexit  Daily Mail
Infrastructure projects are vital to our post-Brexit future
In the midst of a barrage of announcements and reverse ferrets from various members of the Westminster firmament yesterday morning, one was at risk of being overlooked.
London's Gatwick airport tops 40m passengers for first time  Financial Times
Anger over airport expansion decision delay  BBC News
Brexit and the City: Europe plots a bank heist
London-based companies may need to move chunks of their business - but which cities in the EU will benefit most? On a rainy June morning in Paris, five dozen men and women gathered in a basement in La D�fense, the city's financial district.
Aussie start-ups are unfazed by Brexit  The Australian Financial Review
5 things Brexit means for millennials  The Boston Globe
Barclays 'has no plans to move jobs' after Brexit vote
Banking giant Barclays has no plans to move jobs out of the UK following the vote to leave the European Union, chief executive Jes Staley has said.
Barclays CEO: We Don't Sleep With Stock at This Level  Yahoo Finance UK
Barclays CEO Staley Says Brexit Slump Caused by Profit Fears  Bloomberg
FTSE ends higher as Boris bails
London markets experienced a late surge to end today's session firmly higher, continuing the recent post-Brexit advance, despite political uncertainty as the Conservative leadership runners and riders surfaced.
FTSE ends June on 2016 high  Reuters UK
Britain's FTSE set to finish June above its pre-Brexit level  Yahoo Finance UK
Goldman exec tells Libya fund trial that offering prostitutes 'unacceptable'
LONDON, June 30 (Reuters) - A Goldman Sachs executive's alleged arranging of prostitutes for himself and the brother of a decision-maker at Libya's sovereign wealth fund was completely unacceptable behaviour for an employee of the bank, the first ...
'You need to own this client:' How Goldman Sachs landed a Libyan ...  Yahoo Finance UK
Goldman Sachs Executive Says Libya Understood Derivatives -- Update  Nasdaq
UK's 'second deficit' threatens household living standards after Brexit
UK living standards are at risk of a “sudden stop” squeeze, economists have warned, as official figures revealed that the current account gap stands at “unacceptably” high levels.
UK current account gap remained near record high before EU vote  Daily Mail
UK current account deficit remains near record  BBC News
Implementing a GDPR strategy: What you need to know
Simon Kouttis, head of cybersecurity at Stott and May, explains what you need to know about the upcoming GDPR. The European Commission's General Data Protection Regulation (GDPR) is coming into force on May 25, 2018.
Brexit. Cybersecurity. What you need to know.  Lexology (registration)
UK: ICO "prepared to take active role" in ensuring UK adequacy  DataGuidance (press release)
News Corp tunes into radio with �220m Talksport acquisition
News Corp has launched a surprise push into radio with the acquisition of Wireless Group, owner of stations and brands that include Talksport.
Murdoch's News UK tackles BBC with �220m takeover of talkSport radio ...  Telegraph.co.uk
Rupert Murdoch's News Corp buys TalkSport owner in �220m deal  The Guardian