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U.K. markets news

Mark Carney: Chinese problems unlikely to prevent UK interest rate rise
China's economic problems are "unlikely" to derail plans to raise interest rates in the UK, Bank of England Governor Mark Carney has claimed.
Mark Carney's blue-sky take on interest rates misses clouds on the horizon  The Guardian (blog)
Bank of England stance on rates unchanged by China - Carney  Reuters UK
BBC News  
Rocket launch sends Inmarsat satellite to space
Inmarsat, which provides mobile telecommunications, is attempting to put up the third spacecraft in its next-generation global network.
Russia's Proton rocket flights resume with Inmarsat satellite  Daily Mail
In-Flight Netflix Streaming Could Become a Reality Thanks to New Satellite ...  Gizmodo UK
China's problem is the economy itself, not the market sell-off
The stock market sell-off is not the problem. Yes, the Shanghai Composite Stock Index has dropped almost 40 per cent since its June peak, but the Chinese economy has rarely been upset by fluctuations of its financial markets.
3 reasons markets lost faith in China's economy, at a glance  Washington Post
Doubts about China's ability to manage a tough economic transition sap ...  Fox News
FTSE 100 suffers worst monthly losses since 2012 after China chaos
An office worker looks at the FTSE 100 index, which lost 6.7% during August, its worst performance since May 2012. Photograph: Lauren Hurley/PA.
LONDON MARKET MIDDAY: US Stocks Called Lower After Two-Session Rally  London South East
European stock markets open relatively flat but reporting strong gains since ...  International Business Times UK
Restaurant tipping abuse facing probe
Restaurants could face a cap on the proportion of tips they can withhold from staff, following an investigation launched by the Business Secretary Sajid Javid.
Union opposes cap on restaurant deductions from staff tips  The Guardian
Tipping abuse: Government investigates need for new code of practice after ...  The Independent
Green Energy Conference: Obama targets Critics of His Energy Policies
Costs have been driven down - a solar panel has dropped by nearly two thirds since 2011, and the price of wind power has halved in the past four years - making the energy source increasingly attractive to the general public.
DECC plans new Feed-in Tariff cuts  Resource Magazine
Reductions in renewable energy incentives deal big blow to rural business  Staff Newsletter
Takeover of UTV may follow the sale of its TV business
Management at UTV Media have made a spectacular miscalculation with their UTV Ireland investment. It has backfired - and the board may well be right in heading for the hills by flogging off its entire television operation.
UTV Media's Irish TV unit reports turnover below expectations  Celebrity Cafe - Entertainment News (blog)
UTV Ireland will survive, says chief  The Sunday Times
Camerons went bodyboarding in sea polluted with raw sewage
Photographs of David and Samantha Cameron laughing as they frolicked in the surf on a Cornish beach hid an unpalatable truth - the couple were swimming in diluted sewage.
What's that smell? Raw sewage was twice pumped into the sea while Prime ...  Plymouth Herald
British peer-to-peer lender Zopa appoints Janardana as CEO
Aug 30 British peer-to-peer lender Zopa on Sunday appointed Jaidev Janardana as chief executive officer, taking over from Giles Andrews.
Industry NewsZopa chief announces replacement as he becomes executive chairman  IFA Magazine
Zopa boss steps aside to 'focus on strategic growth'  Yahoo Finance UK
'Supergiant' gas field found off Egyptian coast
Announcement from Italian energy company says field may hold 30 trillion cubic feet of natural gas; Egypt says parliamentary elections to take place in October.
'Supergiant' natural gas field found off Egypt  New Zealand Herald
UPDATE 2-Italy's Eni makes mega gas discovery off Egyptian coast  Reuters