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U.K. markets news

UK watchdog details bank capital shortfalls
LONDON | Thu Jun 20, 2013 7:45am BST. LONDON (Reuters) - Lloyds Bank has a capital shortfall of 8.6 billion pounds, Britain's banking regulator said on Thursday, a day after the UK government signalled plans to return the part-state owned lender to the ...
UK banks told to find further �13bn  Financial Times
Barclays, Co-op, Nationwide, RBS and Lloyds responsible for higher-than ...  Telegraph.co.uk
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Share sell-off spreads after Fed comments
Thursday 08.00 BST. European stocks joined the heavy sell-off seen across Asia on Thursday which started overnight in the US and was triggered by the Federal Reserve's confirmation that it expects to start easing its asset purchases later this year.
Asian markets hammered on China fears, Fed exit plan  Reuters
Asian markets react to Fed comments  BBC News
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Gavin Patterson to be appointed chief executive of BT Group
LONDON, June 19, 2013 /PRNewswire via COMTEX/ -- BT announces today that Gavin Patterson will succeed Ian Livingston as chief executive of BT Group plc.
BT chief Ian Livingston: 'I couldn't say no to Government job'  Telegraph.co.uk
BT Names New Chief Executive  Wall Street Journal
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Public will be offered shares in Lloyds Bank, says George Osborne
The prospect of an eventual �tell Sid�-style sale of shares in Lloyds Bank was raised by George Osborne as he claimed Britain's economy had emerged from �intensive care�.
Osborne outlines Lloyds sale plans and weighs RBS break-up  Citywire.co.uk
Britain Weighs Breakup of RBS  Wall Street Journal
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US Yields and Dollar Strong, Equities Weak on Stimulus Fears
U.S. Treasury yields are sharply higher and the dollar is strong but global stocks and emerging-market assets are weak after Federal Reserve Chairman Ben Bernanke set the stage Wednesday for a gradual tapering of the Fed's measures to stimulate the U.S.
Pound Falls Third Day Versus Dollar as Bernanke Signals QE Exit  Bloomberg
Bernanke sees 2014 end for QE3  Financial Times
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China's Wanda aims to launch $1 billion NY hotel project this year: chairman
BEIJING | Wed Jun 19, 2013 6:56am EDT. BEIJING (Reuters) - Wanda Group, China's largest commercial real estate developer, aims to invest about $1 billion to build a five-star hotel in New York as its third major investment outside its home market, ...
China Billionaire Invests $1.6 Billion in London Land, Boats  Bloomberg
China's Dalian Wanda to Build Luxury Hotels Overseas  Wall Street Journal
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More GM crops means more nature reserves, says Owen Paterson
The Environment secretary will say that using GM will make use of farm land and �free up space for biodiversity, nature and wilderness�.
Owen Paterson: UK must become global leader on GM crops  The Guardian
UK government makes strongest statement yet in favour of GM food  Financial Times
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FCA fines property agent record one million pounds
LONDON | Wed Jun 19, 2013 11:42am BST. LONDON (Reuters) - The Financial Conduct Authority (FCA) has fined a property agent nearly a million pounds for defrauding vulnerable people, the largest-ever fine for a sole trader in the consumer sector.
Indian-origin broker fined one million pounds in UK  India Today
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Sir Mervyn King made life peer
Sir Mervyn King, the outgoing governor of the Bank of England who has spent more than two decades at Threadneedle Street, is to be made a life peer.
Britain's banks are still a danger to the real economy  Financial Times
Bank of England ratesetters remain split over QE at Sir Mervyn King's ...  Telegraph.co.uk
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Passenger satisfaction with trains plunges
A survey of 30,000 people by the watchdog group, Passenger Focus, showed the travelling public are increasingly frustrated by the lack of staff at stations, delays and squalid lavatories on trains.
Passenger Focus says rail companies are 'failing to deliver basic ...  Daily Mail
Delays and high prices leave rail passengers dissatisfied  The Guardian
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