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U.K. markets news

BoE's King sends message to successor Carney
By William Schomberg. LONDON | Sun May 19, 2013 12:53pm BST. LONDON (Reuters) - Bank of England Governor Mervyn King has urged successor Mark Carney not to bring to Britain his trademark policy of spelling out how long interest rates will remain ...
Sir Mervyn King: stop 'demonising' bankers  Telegraph.co.uk
Sir Mervyn King: don't demonise bankers  The Guardian
MyFinances.co.uk   Related articles »  
Google: Eric Schmidt defends company's tax affairs
Google's executive chairman Eric Schmidt has defended the company's tax affairs after it came in for heavy criticism this week.
Miliband promises action on Google tax avoidance  Telegraph.co.uk
Google tax avoidance row: Internet giant accused of 'scandalous' tax ...  Daily Mail
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M&S staff bonus at risk
Marks & Spencer's store staff could see their meagre �100 bonus trimmed or ditched after the retail bellwether posts a further fall in annual profits this week.
Bolland 'has backing of M&S board', says chairman  Telegraph.co.uk
John Phelps's portfolio  Herald Scotland
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Sir Roger Carr in line to become BAE Systems chairman
The Sunday Telegraph understands that the leading City figure and chairman of Centrica is favoured by the board's nominations committee and Nick Rose, the senior independent director leading the search for a replacement for the present chairman, Dick ...
Defence giant set to name new boss  expressandstar.com
Sir Roger Carr In Lead to Become BAE Chair - Sky News  Sky News
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Independent Scotland open to Cyprus-style bank risks, says Britain
Sun May 19, 2013 4:31am EDT. * Referendum on independence due in Sept. 2014. * Breakaway would leave Scotland vulnerable-British Treasury.
An Independent Scotland More Vulnerable to Financial Shocks - UK Treasury  Wall Street Journal
Scottish Independence: Treasury claims banks 'safer in UK'  BBC News
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Questor: Lloyds sale draws closer as incredible run keeps going
Lloyds Banking Group 62.84p. Questor says Hold. Lloyds shares have enjoyed a phenomenal run over the past 12 months. It seems difficult to believe that just last May the stock was trading below 25p - last week it traded above 60p for the first time since ...
Lloyds chief pledges to pull out of tax havens  The Guardian
Lloyds Bank share price hits taxpayer break-even level  BBC News
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Citizens Advice calls for ban on cold calling after Ofcom study - MyFinances.co.uk
Ofcom has launched a consultation on price increases part-way through a contract. The telecoms regulator Ofcom has launched a consultation on whether telecom, broadband and mobile firms should be allowed to raise prices part-way through a contract.
Citizens Advice urges cold calling ban after Ofcom study  The Guardian
How to stop nuisance calls and junk mail  Telegraph.co.uk
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Market Report: ENRC founders get bid breathing space
The founders of troubled Kazakh miner ENRC have been given more time to come up with a better bid, but the City isn't convinced a better offer will be made.
ENRC Seeks Revised Offer From Consortium  Wall Street Journal
ENRC Founders Said to Detail Offer Below 300 Pence in Bid Letter  Bloomberg
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Families to pay �600 a year towards green energy by 2020, says think-tank study
The report said the cost of hitting European Union targets on green energy is likely to be more than �16 billion by 2020. This includes the cost of subsidies for wind farms and nuclear power, improvements to the national grid and VAT on green costs.
Switching supplier isn't enough - we need to talk about energy consumption  The Guardian (blog)
Aid for islands renewables  Herald Scotland
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Health alert as hospital charity offers small investors 6% bond to raise �15m
Nuffield Health, the charity that runs gyms and private hospitals, is the second organisation within a fortnight to offer small investors a high-paying bond.
Nuffield retail bond launches at 6% � but does it have a clean bill of health?  The Guardian
Jockey Club lengthens retail bond race  Financial Times
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