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U.K. markets news

Lloyds Bank's First-Half Profit Fell 63% on Legacy Charges
Photo. A branch of Lloyds Bank in London.Credit Facundo Arrizabalaga/European Pressphoto Agency. LONDON - The Lloyds Banking Group said on Thursday that its profit declined 63 percent in the first six months of the year as the bank set aside 1.1 billion ...
LLOYDS HIT BY �600M PPI BILL  Daily Mail
Lloyds Banking Group reports 59% dip in first-half profits  Scottish Daily Record
Reuters   Related articles »  
British consumer morale and housing market cool in July
LONDON (Reuters) - British consumer morale dipped for the first time in six months in July and house prices stagnated, adding to signs that Britain's rapid economic recovery is cooling slightly.
Stamp duty tax take near all-time high  Telegraph.co.uk
UK House Prices Rose 0.1% in July Says the Nationwide  The Economic Voice
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British Gas criticised by Which? over customer bills
Consumer group Which? says British Gas is not doing enough to reduce customers' bills when wholesale gas prices have fallen. It comes after British Gas reported a sharp drop in profits for the first half of the year due to warmer weather.
Energy firms set to double profit margins  FinancialAdvice.co.uk
UPDATE 1-Britain's energy firms forecast to see higher margins for 2014  Reuters
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Gatwick chaos: pressure grows on airlines to ditch troubled baggage handling firm
Pressure is growing today on airlines to to ditch the baggage-handling firm who caused travel misery at Gatwick Airport as hundreds of thousands of passengers depart for their summer holidays.
Passengers face travel chaos as shortage of baggage handlers mean they may ...  Daily Mail
Gatwick bag handling firm dropped by Monarch Airlines  BBC News
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Shell, ENI and BG Report Strong Earnings
LONDON - Royal Dutch Shell said on Thursday that profit for the second quarter rose 206 percent to $5.3 billion, reflecting gains from asset sales under its new chief executive, Ben van Beurden, as well as improved performance in exploration and ...
Royal Dutch Shell plc: Voting Rights and Capital  MarketWatch
Shell quarterly profit beats forecasts despite impairments  Reuters
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British Construction Giant Balfour Beatty Calls Off Merger Talks With Rival Carillion
Photo. Tower cranes next to St. Paul's Cathedral in London in 2008.Credit Shaun Curry/Agence France-Presse - Getty Images. LONDON - The British construction and services company Balfour Beatty said on Thursday that it had called off merger ...
UPDATE 4-Balfour Beatty ends merger talks with Carillion  Reuters
UK MIDDAY BRIEFING: Balfour Beatty, Carillion Talks End In Dispute  London South East
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Greece had the highest unemployment rate in the euro zone last month at 27.3%
According to figures from the EU statistics agency, prices in the single currency area rose by just 0.4% in July compared to 0.5% in June.
Euro Zone Struggles To Stave Off Deflation  Wall Street Journal (blog)
Euro zone jobless rate, inflation fall  Oman Daily Observer
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Diageo takes �264m hit after China's luxury goods crackdown
Diageo has been hit by a �264m fall in profits after a Chinese government crackdown on luxury goods used by officials. Photograph: Jeff J Mitchell/Getty Images.
Drinks giant Diageo takes China writedown in its stride  Evening Standard
Diageo drinks group says hit by weak sales in China  Yahoo Finance UK
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Blow to UK renewables as Celtic Array is scrapped
Plans for Europe's largest wind farm off the north Wales coast have been scrapped after Celtic Array, the joint venture between Centrica and Dong Energy of Denmark, said the project was �economically unviable�.
Plans scrapped for Celtic Array wind farms off Anglesey  Practical Boat Owner Magazine
440 Turbine Irish Sea Wind Farm Plans Scrapped  4ni.co.uk
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BT profits boosted by fibre and football
Strong demand for faster internet access helped BT deliver a 7pc increase in profits for the first quarter, as the company also continued to strip costs out of its struggling IT services division.
BT's fibre reaches 20m and connects 3m, but TV stalls in spring  Recombu
BT boosted by Sport and fibre broadband  DigitalTVEurope.net
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