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U.K. markets news

Philip Green says he'll make 'voluntary' contribution to BHS pension pot
Sir Philip Green was accused of blackmail last night in the row over BHS's �571million pension deficit. As the store chain closed its doors for the last time yesterday, the tycoon demanded assurances that an inquiry into its collapse would be shelved ...
Last BHS stores close for final time after 88 years  BBC News
Sir Philip Green accused of 'blackmail' as he offers to pay BHS ...  The Sun
Dollar at three-week high, bonds and stocks sell off on hawkish Fed
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., August 25, 2016. REUTERS/Brendan McDermid.
European bonds softer after Yellen's rate message  Financial Times
FOREX-Dollar hits 3-week high vs yen as rate rise signals get louder  Daily Mail
'Property is better bet' than a pension says Bank of England economist
Property is a better investment for retirement than a pension, according to the Bank of England's chief economist, Andy Haldane.
In the wake of George Osborne, pensioners pay the cost of cheap credit
Bank of England boss Andy Haldane says you're better off putting money ...  Daily Mail
Living with Hinkley: the view from Somerset on the �18bn nuclear plan
The first Malcolm Pyne knew something was amiss was when he sat down to watch the 10 o'clock news. The 46-year-old had just dispatched a �2,000 order of local Somerset lamb, beef and sausage meat from his family butchers, ready to be served as ...
Hinkley supporters in last-ditch push for approval  Financial Times
'Barbecue sizzler' and nuclear deal doubts  BBC News
Social housing tenants face soaring rents under 'pay to stay' policy
Under pay to stay, households with an income of �40,000 and above in London and �31,000 in the rest of England will be classified as high-income tenants.
UK plan to make social housing tenants "pay to stay" won't ...  Daily Mail
Council house tenants earning more than �31000 to face �1000 increase in rent  The Sun
Football pitch-sized concourse to partially open at London Bridge
Two thirds of a new concourse will open at London Bridge railway station on Monday as part of a major redevelopment. Once completed in January 2018 it will be bigger than the pitch at Wembley Stadium and the largest of any station in Britain ...
Commuters Get To Use New London Bridge Train Station  Heart
London Bridge New Concourse Opens For Business  Juice Brighton
Two pilots arrested at UK airport after attempting to board their flight to ...
Two pilots were arrested yesterday after allegedly attempting to board their flight to America while drunk. Concerns were raised after the pair tried to pass through a staff check-in at Glasgow Airport before the 9am flight to Newark, New Jersey ...
Pilots accused of being too drunk to fly plane from Glasgow to USA to appear ...  Scottish Daily Record
United Airlines pilots arrested in Glasgow on alcohol charge
The UK Is Not A Low Tax Country - Average Household Pays �826000 Tax In Lifetime
One of the general complaints on the British left is that Britain is a low tax country. If only more people paid more tax then just think what lovely things government could buy for everyone!
Harry Fairhead: Why the average household's lifetime tax bill will be ...  Conservative Home
Tax burden on 'average household' will reach '�825000' over ...  Daily Mail
Ashley Faces Personal Revolt Over Sports Direct Leadership
Mike Ashley faces a major revolt over his leadership of Sports Direct International after one of the world's leading voting advisors urged the retailer's investors to oppose his re-election at next month's annual meeting.
Fund managers demand change at Sports Direct
London firms losing faith in quick-fix access to EU after Brexit
LONDON, Aug 26 (Reuters) - Big financial groups in London are losing faith in a quick fix to get access to the European Union after Britain leaves the bloc and are instead drawing up contingency plans to avoid becoming hostage to Brussels politics.
How To Prevent Brexit From Damaging The EU  Social Europe
Europe's biggest stock exchange Bats Europe eyes new EU base outside ...  Economic Times