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U.K. markets news

Why did McDonald's flip out of Luxembourg?
Why did McDonald's move their golden corporate arches to the UK? There are two parts to this question. First, why did McDonald's leave Luxembourg and second, why choose the UK as your new home?
McDonald's to move non-US tax base to UK  Sky News
McDonald's to move international tax base to UK amid EU scrutiny  Daily Mail
Wall Street Journal  
European Central Bank adds half a trillion euros in stimulus
FRANKFURT, Germany (AP) - The European Central Bank will pour another half-trillion euros ($579 billion) in newly printed money into the eurozone economy to support its recovery as the currency union heads into what could be a tumultuous election year ...
FTSE LIVE: Footsie higher as ECB confirms extension of its QE programme ...  This is Money
ECB extends bond-buying scheme but at slower pace  BBC News
Sports Direct chairman lambasts critics as profits fall
Sports Direct chairman Keith Hellawell has lambasted critics of the sportswear firm, saying an "extreme political, union and media campaign" has damaged its reputation.
Sports Direct's own Homer and Abe Simpson are at it again  The Independent
Sports Direct chairman criticises 'extreme campaign' as profits fall 57%  The Guardian
Volkswagen emissions: UK and six other nations face legal action
The European Union (EU) has started legal action against seven nations. Four, including the UK and Germany, are under fire for failing to take action against Volkswagen for cheating emission tests.
Dieselgate: EC begins legal action against UK and other EU nations  The Guardian
EU takes legal action against Germany, UK over VW scandal  Daily Mail
House prices to keep rising – but market slowdown will hit economy
House prices picked up pace in November and will keep rising in the months ahead, but a slowdown in activity next year will hurt the economy, according to the Royal Institution of Chartered Surveyors (Rics).
Chronic housing supply shortage will trigger sluggish start to sales in 2017  This is Money
Welsh house prices 'set to rise in New Year', says RICS  BBC News
Sadiq Khan invites union barons for tea and Tube talks
Sadiq Khan has invited union chiefs for “cups of tea” at City Hall even as they planned more strike action on the beleaguered Southern rail network, it emerged today.
Woman 'loses job' because she uses Southern Rail  Sky News
High Court rules Aslef strikes can go ahead on Southern rail after legal bid ...  City A.M.
National Grid picks Macquarie-led group for $7 bn gas grid stake sale
LONDON, Dec 8 (Reuters) - Britain's National Grid has sold a majority stake in its gas network in a 5.4 billion pound ($7 billion) deal which could test Prime Minister Theresa May's pledge to vet infrastructure sales to foreign buyers.
National Grid flogs a majority stake in its gas business to global investors  This is Money
Sovereign-Wealth Funds, Macquarie Buy Stake in National Grid's UK Gas ...  Wall Street Journal
Big banks are making firm plans to move operations to France after Brexit
Major banks are already planning to shift operations from London to Paris amid fears over Brexit, France's top financial regulator has claimed.
Brexit will leave us down and out in London, but not Paris  The Independent
Brexit: City banks 'in advanced talks over move to Paris'  The Week UK
Glencore's return to dealmaking highlights new debt constraints
Glencore's deal to buy almost a fifth of Russia's largest oil producer Rosneft with the Qatar Investment Authority is being hailed as a return to form for the mining and trading company's acquisitive and pugnacious boss, Ivan Glasenberg.
Why Putin Scores Big With the Rosneft Deal  Bloomberg
Looking behind the deal: Russia sells part of its oil giant  Fox News
TfL wants to bring construction forward – but where will the Bakerloo line ...
Transport for London just released its new business plan. It promises various dull-but-worthy administrative reorganisations in search of financial savings, shuffles various station upgrade plans around the schedule (Camden Town, Holborn), and includes ...
Sadiq Khan publishes plan to cut waste at 'flabby' TfL  BBC News
Rerun 'politically spiteful' decision not to hand suburban routes to ...  Evening Standard