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U.K. markets news

Boom in the south drives up house prices
House prices rose 0.4pc in March, according to official Government figures. The Office of National Statistics (ONS) said that house prices had risen 2.7pc in the twelve months to March 2013, rising from �229,000 to �235,000 on average.
UK Inflation Cools on Fall in Oil Prices  Wall Street Journal
Inflation falls in April, giving more leeway for stimulus  Reuters UK
The Guardian   Related articles »  
Ireland says not to blame for Apple's low tax rate
By Conor Humphries. DUBLIN | Tue May 21, 2013 11:40am BST. DUBLIN (Reuters) - Ireland said on Tuesday it was not to blame for Apple Inc's low global tax payments after the U.S.
Apple tax-avoidance schemes deemed 'highly questionable' by US ...  The Independent
Can Tim Cook Tame Washington?  Businessweek
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Business news and markets: live
... Off. � UK inflation falls further than expected to 2.4pc � G4S chief executive Nick Buckles steps down � Marks & Spencer profits fall after clothing struggles � Burberry pre-tax profits up 14pc to �427.8m � Vodafone pre-tax profit fell 65.9pc � Political attacks on ...
Buckles bows out as G4S chief executive  Financial Times
Why Nick Buckles ran out of chances at G4S  The Guardian
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Vodafone to reinvest �2.1bn Verizon dividend
Vodafone is to plough a �2.1bn dividend from US telecoms group Verizon back into its business rather than offer shareholders a windfall, after the UK-based mobile operator reported its biggest annual fall in service revenues in five years.
Vodafone Reports First Full-Year Revenue Drop Since 2005  New York Times
Vodafone keeps Verizon payout to make up for European slump  Reuters UK
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Marks & Spencer says investment to hold back profits
By James Davey. LONDON | Tue May 21, 2013 10:35am BST. LONDON (Reuters) - British retailer Marks & Spencer posted its lowest annual profit since 2009 on Tuesday, hit by a drop in clothing sales, and said growth this financial year would be held back ...
M&S chief Marc Bolland: We have underperformed  BBC News
More woe for Bolland as M&S splutters - Management Today  Management Today
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Royal Mail profits surge ahead of planned sell-off
Royal Mail has reported a 60% increase in pre-tax annual profits to �324m, as the government prepares to sell off the 497-year-old postal service in the most ambitious privatisation since British Gas in 1986.
Royal Mail delivers 61pc rise in profits  Telegraph.co.uk
Royal Mail profits jump as parcel sales rise  BBC News
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Chinese appetite for luxury has Burberry looking smart
Burberry today struck an upbeat note on its prospects in China, as an emerging army of luxury shoppers in the Asian country helped to drive a sharp uplift in annual profits.
Burberry profits rise as Asian sales grow  BBC News
Burberry bolstered by rising Chinese demand to push sales to �2bn  Financial Times
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Scottish referendum: Alex Salmond says Scotland can afford independence
Scotland can "more than afford' to be a successful independent country, its first minister has said. Alex Salmond was speaking as he launched a paper outlining the nation's key economic strengths.
Scotland Counters UK's Claims On Independence  Wall Street Journal
Salmond outlines financial case for Scottish independence  Financial Times
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Carnival shares fall as cruise operator warns on profits
Beleaguered cruise operator Carnival issued a profit warning late on Monday, sending shares down 13 per cent when markets opened in London.
Carnival in troubled waters again as it sounds the profit alarm  Evening Standard
Carnival Cuts Full-Year Guidance on Weaker Revenue Yields  Wall Street Journal
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Bank of Ireland frees 1200 mortgage holders from rate rise
The bank announced in February that 13,500 mortgage customers on tracker mortgages would see their rates increase from May 1, around half of whom have a buy-to-let mortgage.
Bank of Ireland U-turns on mortgage rate hike  FT Adviser
Bank of Ireland in partial retreat on mortgage rise  Financial Times
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