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U.K. markets news

IMF calls for new growth measures to help UK economy and ease austerity - as it ...
Britain's Chancellor of the exchequer George Osborne walks out of Number 11 Downing st to meet George Osborne, Britain's chancellor of the exchequer, was warned that Britain's economy risks long-term damage unless he brings infrastructure spending ...
Britain Must Do More for Economy, IMF Warns  New York Times
George Osborne under pressure to implement new growth measures to ...  The Independent
Financial Times   Related articles »  
Retail sales dip in April due to cold weather and Easter timing
The timing of Easter and the freezing weather seen at the start of the month caused retail sales to fall by 2.2 per cent on an annual basis.
UPDATE 2-Canada retail sales flat but higher volumes spur optimism  Reuters
Canada Retail Sales Stall as Autos Gain and Fuel Drops  Bloomberg
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Bernanke says bond buying could slow
Ben Bernanke said the US Federal Reserve could start slowing the pace of its asset purchases �in the next few meetings�, but only if the labour market showed sustained improvement.
Dollar Gains as Bankers Speak  Wall Street Journal
Bernanke spurs stock volatility, dollar gains  Reuters
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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: we're not the Co-op (but we lost a bundle on commercial ...  Citywire.co.uk
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The battle over bank capital ends
For the last seven months, a battle has raged over how much capital Britain's largest banks need to hold. The first shot was fired in November by the Bank of England's Financial Policy Committee (FPC), which asked Britain's then banking regulator, the ...
Osborne prepares ground for RBS and Lloyds sell-off  The Guardian
IMF calls for swift Lloyds and RBS sale  Scotsman (blog)
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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 CLOSE: Footsie soars to second-highest ever close as markets respond to ...  This is Money
London close: Bernanke's dovish tone sparks surge late on  ShareCast
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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's Ian Marchant wants end to 'interventionitis'  Scotsman (blog)
SSE warns of more energy bill rises  Telegraph.co.uk
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Cameron hails tax 'turning point' after Google criticisms
David Cameron has called a Europe-wide agreement on tackling tax avoidance as a "turning point", after Google's boss urged politicians to "sort" the system.
Google boss Eric Schmidt arrives late to his own Big Tent event to avoid ...  Daily Mail
Miliband says Google tax behaviour 'wrong'  Reuters UK
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Cable & Wireless posts annual profit � Quick Facts
Cable & Wireless Communications Plc. (CWC.L) Wednesday reported a pre-tax profit compared to a loss last year, amid lower items.
C&WC Reports Profit Growth  Light Reading
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Britvic to slash 15% of workforce
Britvic is to cut up to 400 jobs - 15 per cent of its workforce - as part of efforts to bolster its fortunes as a standalone company should competition authorities squash its proposed tie-up with Scottish peer AG Barr.
AG Barr 'positive' despite Britvic jobs axe  Scotsman
Britvic to close two factories as it presses on from failed AG Barr deal  Telegraph.co.uk
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