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U.K. markets news

Britain Weighs Breakup of RBS
LONDON�The British government is considering breaking up Royal Bank of Scotland Group PLC, the country's Treasury chief said Wednesday, a potentially radical move that underscores policy makers' mounting frustration with their inability to arrest a ...
Thursday Papers: Osborne weighs RBS 'bad bank'  Citywire.co.uk
Britain Prepares to Sell Its Stake in Lloyds and Weighs a Breakup of RBS  New York Times
Telegraph.co.uk   Related articles »  
BT boss Ian Livingston made a Lord so he can be unelected trade minister
A top businessman who threw his weight behind the Government's savage cuts is to be made an unelected minister and handed a peerage.
BT chief Ian Livingston quits to join Coalition Government  The Independent
BT chief Ian Livingston: 'I couldn't say no to Government job'  Telegraph.co.uk
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Federal Reserve Eyes End of Bond Buying, Spooking Markets
In a news conference, Federal Reserve Chairman Ben Bernanke talks about current monetary policy and situations that would lead to a change in those policies.
India Morning Call-Global markets  Reuters
Ben Bernanke to turn off the liquidity tap  Livemint
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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, ...
Souter benefits from Sunseeker sell-off  Herald Scotland
China Billionaire Invests $1.6 Billion in London Land, Boats  Bloomberg
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UK government makes strongest statement yet in favour of GM food
Britain should embrace the benefits of genetically modified crops and push other EU countries to drop their opposition to GM food, the environment secretary will say in a speech on Thursday.
GM farming 'would save countryside and cost less': Minister's ...  Daily Mail
GM Crops 'Safe And Beneficial', Says Minister  Sky News
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FCA fines 'sale and rent back' agent nearly �1m
The Financial Conduct Authority has fined a �sale and rent back� agent nearly �1m for deliberately misleading vulnerable homeowners, the largest ever fine for a sole trader.
FCA fines rogue property trader nearly �1m  The Guardian
Indian-origin broker fined one million pounds in UK  India Today
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King Leaves Unfinished Business for Carney to Repair UK Banks
Bank of England Governor Mervyn King said his successor and the U.K. banking industry have �unfinished business� to do in reforming the financial system and reviving the U.K.
King praises radical plan for state-owned lenders  Financial Times
Bank of England ratesetters remain split over QE at Sir Mervyn King's ...  Telegraph.co.uk
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Asian stocks and currencies join sell-off after Bernanke comments
US government bonds came under heavy selling pressure overnight after Ben Bernanke, Fed chairman, said the central bank could begin scaling back its $85bn-a-month asset purchase programme later this year if the US economy continued to improve.
REPEAT-GLOBAL MARKETS-Asian stocks tumble on weak China PMI, Fed ...  Reuters
Asian stocks tumble on weak China PMI, Fed policy plan  Reuters India
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Passenger Focus says rail companies are 'failing to deliver basic promises'
Passenger satisfaction with Britain's crowded, late-running and over-priced railway network has plummeted to the lowest level in six years, a damning new survey by official watchdogs reveals today.
Passenger satisfaction with trains plunges  Telegraph.co.uk
Delays and high prices leave rail passengers dissatisfied  The Guardian
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JD Sports expects big loss from outdoor shops
Although its Blacks Leisure and Millets chains saw an increase in like-for-like sales over recent months, that had been achieved at a "significant margin sacrifice", JD Sports said on Tuesday.
Mixed bag of results for JD Sports  The Independent
Blacks and Millets drag down JD Sports  Scotsman
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