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U.K. markets news

IMF calls for new growth measures to help UK economy and ease austerity - live
Down the corridor in Brussels, Angela Merkel has told reporters that EU leaders are determined to stop large companies from paying too little tax in countries where they operate.
George Osborne under pressure to implement new growth measures to ...  The Independent
IMF tones down criticism of UK austerity policies  Financial Times
Reuters UK   Related articles »  
Bernanke says bond buying could slow
Ben Bernanke said the US Federal Reserve could start slowing down the pace of its asset purchases �in the next few meetings�, but only if the labour market shows sustained improvement.
Bernanke's Q&A testimony to congressional panel  Reuters
Markets soar as Bernanke warns on slowing stimulus  Telegraph.co.uk
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UPDATE 2-Canada retail sales flat but higher volumes spur optimism
Wed May 22, 2013 11:03am EDT. * Market operators had expected a 0.1 percent rise. * Sales rose by 0.7 percent in volume terms. By David Ljunggren.
Canada March Retail Sales Report (Text)  Bloomberg
Retail sales flat in March � but that's not necessarily a bad thing  Globe and Mail
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Government to set out RBS share sale plan in summer
George Osborne yesterday revealed that the Government will set out its strategy �to return RBS and Lloyds to the private sector� after the Parliamentary Commission on Banking Standards' final report is published next month.
RBS share sale plan to be announced by government this summer  MyFinances.co.uk
Sector movers: Stocks gain as banks play down worries over capital targets  ShareCast
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FTSE sets new 13 year high on Bernanke testimony
By Alistair Smout. LONDON | Wed May 22, 2013 5:07pm BST. LONDON (Reuters) - Growth sensitive sectors drove FTSE 100 to fresh 13 year highs, receiving a boost after the top U.S.
FTSE 100 moves closer to all time high after Bernanke comments  The Guardian
FTSE moves closer to all-time high  Evening Standard
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Cable & Wireless Communications to end era with relocation
Cable & Wireless Communications, the telecoms group that traces its history back to the early days of the British empire, will move its headquarters out of London after more than 140 years.
Cable & Wireless Communications revenues down on Caribbean tourism slump  Telegraph.co.uk
Cable & Wireless targets costs  Investors Chronicle
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State-backed mortgages bolster Nationwide
Nationwide has increased its share of the British mortgage market to a record level, helped by government-funded programmes to support housebuyers, such as the Bank of England's Funding for Lending Scheme.
Nationwide results scarred by commercial property  The Guardian
Nationwide grows lending to grab bigger slice of mortgage market  Telegraph.co.uk
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British opposition leader says Google tax behavior 'wrong'
By Andrew Osborn and Costas Pitas. LONDON | Wed May 22, 2013 11:56am EDT. LONDON (Reuters) - Google Inc's tax affairs came under renewed scrutiny in Britain on Wednesday when the leader of the opposition Labour party accused the Internet ...
Google chief rejects Ed Miliband's call for 'responsible capitalism'  The Guardian
Google boss Eric Schmidt: 'We follow tax laws'  BBC News
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SSE Plans Reduced Renewables Spending Share as Favors Networks
SSE Plc (SSE) plans to reduce its share of spending on renewable energy through March 2015 in favor of increased investment in its networks business, where rates for power and gas distribution and transmission are regulated.
SSE warns of more energy bill rises  Telegraph.co.uk
Fury as utility firm SSE admits 28% rise in profits due to cold weather  Evening Standard
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London property companies get West End boost
The soaring price of property in London's West End has boosted results from real estate groups Great Portland Estates and Shaftesbury, which both own prime buildings across the UK capital.
Great Portland and Shaftesbury ride rising West End wave  Financial Times
Double-digit growth at Great Portland  Investors Chronicle
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