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U.K. markets news

FTSE sinks on China data, US stimulus concern
LONDON | Thu May 23, 2013 8:19am BST. LONDON (Reuters) - The FTSE 100 fell sharply on Thursday as weak Chinese economic data and worry the U.S.
Bernanke and growth fears send shares lower, yen up  Reuters
Bernanke: Decision to reduce stimulus may come in next meetings  Reuters India
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VIEWPOINT: Nagging doubts about Ocado's latest offerings as it celebrates new ...
I never set out to be the biggest critic of Ocado. I am a big believer in online retailing, how its growth will improve people's lives and also destroy many household names.
Head of Waitrose Mark Price refuses to meet me, says Ocado chief Tim Steiner  Telegraph.co.uk
Thursday newspaper round-up: Ocado, UK Mail, Hibu...  ShareCast
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Nikkei plunges in global market retreat
Thursday 08.00 BST. Global stocks are in sharp retreat, led by a savage plunge in Tokyo, as traders are spooked by the prospect of reduced central bank support and a slowing Chinese economy.
European stock markets slide after Nikkei plunges 7% - live  The Guardian
Tokyo Shares End With Worst Loss Since 2011 Quake; Record Volume  Wall Street Journal
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IMF urges Osborne to slow the pace of austerity
Lagarde: UK growth "not particularly good". Mark Carney, says the UK is a "crisis economy" as it struggles to emerge from the global recession and the IMF says George Osborne needs to change tack.
IMF pulls its punches on UK economic policy  Financial Times
IMF calls for new growth measures to help UK economy and ease austerity - as ...  The Guardian
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Flybe pulls out of Belfast to London Gatwick flights
The airline Flybe is dropping its direct flights from Belfast City Airport to London Gatwick. The route has been axed after the Exeter-based company sold its runway slots at Gatwick Airport.
EasyJet to Pay 20 Million Pounds to Add Flybe's 25 Gatwick Slots  Bloomberg
Flybe sells Gatwick slots to easyJet, slams airport for 'punitive' fees  ShareCast
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IMF's Lagarde in court for French arbitration case
PARIS | Thu May 23, 2013 7:57am BST. PARIS (Reuters) - IMF chief Christine Lagarde arrived in court on Thursday to be questioned by a French magistrate over her role in a 285-million-euro ($366 million) arbitration payment made to a supporter of former ...
IMF Head Lagarde in Court in Fraud Probe  ABC News
Court to Question IMF Chief Lagarde  Wall Street Journal
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China factory data to test political calculations
According to China's political calendar, big decisions about economic policy this year are supposed to wait until the autumn, when a major meeting of the Communist party brings together the country's top leaders.
FTSE 100 drops on China data and Bernanke comments  Telegraph.co.uk
Australia shares drop to one-month low on weak China flash PMI  Reuters UK
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UPDATE 1-Halfords slashes dividend to fund 3-year sales push
Thu May 23, 2013 2:57am EDT. LONDON May 23 (Reuters) - British bicycles-to-car-parts group Halfords unveiled a plan to cut its dividend and invest in the group as part of a three-year turnaround plan designed to push sales to the 1 billion pound ($1.50 ...
Halfords cuts dividend to focus investment on revamping stores  Telegraph.co.uk
Halfords reports big drop in profits  BBC News
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Cofunds' chairman steps down after L&G takes over
Money Management is the professional's independent adviser, winning 50 awards over the years. It contains the renowned Money Management fund statistics, unique surveys and much, much more.
Legal & General completes acquisition of Cofunds platform  ShareCast
Legal & General Group Plc L&G Completes Acquisition of Cofunds Platform  Wall Street Journal
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Sterling is pounded as a fall in sales shows green shoots are still fragile
The pound slammed into reverse on Wednesday as a sharp fall in high street sales dented hopes Britain is on the road to a steady recovery.
Sterling slides as retail sales soften  Telegraph.co.uk
UK retail sales slump as shoppers balk at higher prices and cold weather  The Guardian
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