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U.K. markets news

UK Economic Recovery Slows on Weak Manufacturing Expansion
The UK economy only expanded by 0.7% between July and September, compared with 0.9% in the second quarter this year, amid the country's manufacturing sector expanding at the weakest pace in 18 months.
GDP up 7% but recovery slows  Belfast Newsletter
Tough times for hotels and restaurants curb economy  The Independent
Telegraph.co.uk   Related articles »  
Lloyds Bank: More Than 200 Branches To Close
Lloyds will concentrate closures in urban areas where branches are in close proximity, Sky News understands. 20:06, UK, Saturday 25 October 2014.
Questor share tip: Sell TSB as mortgage market softens  Telegraph.co.uk
TSB profiting from a surge in popularity  Express.co.uk
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Job losses and paycuts save Monarch Airlines
Monarch Airlines will cut pay of up to 30% of staff and make hundreds of redundancies as part of a �125m rescue deal with investment firm Greybull Capital.
Greybull Capital buys UK's Monarch  Daily Mail
�125m rescue package for Monarch  Wilts and Gloucestershire Standard
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Children's pocket money outstrips parents' wage rises
Children's pocket money has risen more than twice as fast as parents' wages since the 1980s, research has revealed. Youngsters aged between eight and 15 now receive an average of �6.35 a week from their cash-strapped parents, a figure that is 462 per ...
Kids' pocket money soaring - but Gloucestershire youngsters losing out ...  Gloucestershire Echo
Pocket money increase outstrips parents' wages  Western Morning News
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Tesco CEO Says Grocer Needs to Create Financial Headroom
Tesco Plc (TSCO)'s departing Chairman Richard Broadbent said yesterday that he wanted to draw a line under a miserable year for the U.K.
Tesco's accounts: watchdog weighing up whether full investigation needed  The Guardian
Tesco sales fell 5.2 pct in 12 weeks to Oct 11 - Nielsen  Reuters
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With AbbVie merger dead, Shire focuses on future
The chief executive of Shire PLC, which has major operations in Massachusetts, said Friday that his company's prospects remain bright despite the recent collapse of a $55 billion merger with another biopharmaceutical company.
Shire's Got Big Plans for AbbVie's Breakup Fee  Wall Street Journal (blog)
Shire and AstraZeneca show standalone strength  Financial Times
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eDreams trading suspended after BA and Iberia withdraw fares
MADRID, Oct 24 (Reuters) - Shares in online travel agency eDreams ODIGEO plunged 59 percent on the Madrid stock exchange on Friday after British Airways and Iberia said they were withdrawing their fares from three of its websites.
BA, Iberia returns fares to eDreams' French, Spanish sites  Thomson Reuters Foundation (blog)
CompaniesEDreams' nightmare deepens, shares suspended  Financial Times
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Market Report: Gatwick is not the new Texas
Oil prospectors were thumped yesterday after learning that Gatwick is not the new Texas. The Horse Hill exploration well two miles from the airport has electrified retail investors, with speculation that it could hold big reserves.
OIL COLUMN - Horse Hill becomes latest UK discovery  Proactive Investors UK
SMALL CAP MOVERS: Horse Hill oil explorers hit by volatile trading as oil ...  This is Money
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Loyalty rewards Pets at Home as third quarter sales increase
Pets at Home said repeat visits from cossetted cats and pampered pooches have driven a 4.2 per cent rise in underlying third quarter sales.
Pets at home treated to higher sales  Express.co.uk
Pets at Home Christmas range bids to show pets are not just for summer  The Guardian
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BP and GDF Suez announce discovery of new field in UK Central North Sea
Oil firms BP and GDF Suez have announced the discovery of a new field in the UK Central North Sea. The find, which spans adjacent blocks operated separately by the two companies, has been flow-tested at a maximum rate of 5,350 barrels per day.
BP and GDF boost explorers with new North Sea discovery  Proactive Investors UK
BP and GDF Suez discover oil at UK Central North Sea field  Energy Business Review
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