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U.K. markets news

RBS follows rivals in recruiting ex-regulator as compliance chief
Royal Bank of Scotland has become the latest UK bank to appoint a former senior regulator as compliance chief to help it improve its conduct, in the wake of regulatory scandals that have rocked the country's banking sector.
Royal Bank of Scotland recruits former FSA regulator  The Guardian
RBS names former FSA man as head of conduct  Telegraph.co.uk
Reuters UK   Related articles »  
Property price rises stoke fears of a new housing bubble
Fears that George Osborne, the chancellor, is stoking a new housing bubble through plans to boost mortgages may be exacerbated by figures showing house prices grew faster in May than at any time in the past six years.
Southeast drives fastest rise in UK house prices for six years  Financial Times
Monthly increase in house prices is highest for five years  The Independent
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Co-operative Group's finance chief to leave - sources
By Matt Scuffham. LONDON | Sun May 26, 2013 11:51pm BST. LONDON (Reuters) - The Co-operative Group Ltd CWGSR.UL will part company with Finance Director Steve Humes this week, sources familiar with the matter told Reuters on Sunday, as new ...
Co-Op finance chief to leave amid shake-up  Scotsman
Co-op finance chief Steve Humes to step down as questions mount over ' ...  The Times (subscription)
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Fears over foreign push for water firms
Severn Trent, one of only three remaining quoted water companies, is anticipating a second bid from an international consortium just days after rejecting the first, while foreign investors are expected to head the queue for a 30pc stake in Yorkshire Water.
Severn Trent bidders inch up to �5bn  Financial Times
A flood of cash to buy up the water companies  The Independent
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Seaside house prices surge on Scottish east coast
Five seaside towns in Scotland have recorded a doubling in average house prices since 2004, according to Bank of Scotland research.
Scotland's gold coast: home cost soars in north-east  Herald Scotland
North Berwick 'Scotland's priciest coastal town'  Scotsman
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McDonalds and Costa in talks to buy Little Chef sites as roadside cafe chain ...
For more than 50 years, motorists have stopped at Little Chef's roadside restaurants for a break and a fry-up. But the chain's chubby cook mascot could disappear from Britain's A-roads.
Little Chef brand under threat as rivals serve up bids  The Guardian
Little Chef brand in danger, owners warn  BBC News
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Britain resists EU bid to set new target on renewable energy
The government will oppose attempts to set a new renewable energy target within the EU, in a move that could put at risk tens of billions of pounds of green investment and tens of thousands of new jobs.
Ed Davey says UK will oppose EU renewable energy target  Financial Times
UK Government: To Propose 50% EU CO2 Emissions Cut By 2030  Wall Street Journal
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Cheers! Retiring chief exec of drinks giant Diageo to get �46million golden ...
The retiring chief executive of drinks giant Diageo is set to be given the most generous leaving present in British corporate history.
�50m pot for outgoing Diageo boss  Herald Scotland
Diageo boss Walsh to net �46m retirement fund  Scotsman
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Lincolnshire Wildlife Trust claim nature success stories
A report released on Wednesday about the state of the UK's native species found 60% of animal and plant species studied have declined in the past 50 years.
Stock take of species our shows nature is in trouble  This is Bristol
Erin McDaid: The state of nature in Notts  This is Nottingham
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FirstGroup chief Tim O'Toole offered to quit with chairman over �2bn debt
FirstGroup's chief executive, Tim O'Toole, will this week visit its biggest institutional investors to secure backing for the troubled transport operator's �615m rights issue, as it emerged that he offered to quit instead of the chairman.
FirstGroup chairman: 'I decided a year ago to resign'  Telegraph.co.uk
FirstGroup's Gilbert backs O'Toole to stay on as CEO  Herald Scotland
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