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U.K. markets news

UK watchdog details bank capital shortfalls
LONDON | Thu Jun 20, 2013 7:45am BST. LONDON (Reuters) - Lloyds Bank has a capital shortfall of 8.6 billion pounds, Britain's banking regulator said on Thursday, a day after the UK government signalled plans to return the part-state owned lender to the ...
UK banks told to find further �13bn  Financial Times
Barclays, Co-op, Nationwide, RBS and Lloyds responsible for higher-than ...  Telegraph.co.uk
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Share sell-off spreads after Fed comments
Thursday 08.00 BST. European stocks joined the heavy sell-off seen across Asia on Thursday which started overnight in the US and was triggered by the Federal Reserve's confirmation that it expects to start easing its asset purchases later this year.
Asian markets hammered on China fears, Fed exit plan  Reuters
Asian markets react to Fed comments  BBC News
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Asia Stocks Drop With Europe Futures, Commodities on Fed, China
Asian shares headed for the biggest loss since September 2011 and European stock futures slumped on concern the Federal Reserve may phase out stimulus and as China's cash crunch worsened.
Shares crash in global rout  Sydney Morning Herald
Bernanke sees 2014 end for QE3  Financial Times
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Gavin Patterson to be appointed chief executive of BT Group
LONDON, June 19, 2013 /PRNewswire via COMTEX/ -- BT announces today that Gavin Patterson will succeed Ian Livingston as chief executive of BT Group plc.
BT chief Ian Livingston: 'I couldn't say no to Government job'  Telegraph.co.uk
BT Names New Chief Executive  Wall Street Journal
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Wanda to launch $1b New York hotel project
BEIJING, June 20 (Xinhuanet) --Dalian Wanda Group Corp Ltd, one of China's largest property developers, plans to invest about $1 billion to build a five-star hotel in New York as its third major investment outside its home market, Wang Jianlin, chairman of ...
China's Wanda aims to launch $1 billion NY hotel project this year: chairman  Reuters
China Billionaire Invests $1.6 Billion in London Land, Boats  Bloomberg
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More GM crops means more nature reserves, says Owen Paterson
The Environment secretary will say that using GM will make use of farm land and �free up space for biodiversity, nature and wilderness�.
UK government makes strongest statement yet in favour of GM food  Financial Times
GM farming 'would save countryside and cost less': Minister's ...  Daily Mail
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Sir Mervyn King made life peer
Sir Mervyn King, the outgoing governor of the Bank of England who has spent more than two decades at Threadneedle Street, is to be made a life peer.
Britain's banks are still a danger to the real economy  Financial Times
Bank of England ratesetters remain split over QE at Sir Mervyn King's ...  Telegraph.co.uk
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Passenger satisfaction with trains plunges
A survey of 30,000 people by the watchdog group, Passenger Focus, showed the travelling public are increasingly frustrated by the lack of staff at stations, delays and squalid lavatories on trains.
Passenger Focus says rail companies are 'failing to deliver basic ...  Daily Mail
Delays and high prices leave rail passengers dissatisfied  The Guardian
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Reckless bankers to face jail under new law planned by Cameron
LONDON: The British government will amend a parliamentary bill to introduce the central recommendation of the banking commission to allow bankers to be jailed for reckless misconduct, David Cameron has told MPs.
David Cameron backs criminal sanctions for 'reckless' bankers  Financial Times
Reckless bankers to be targeted in government legislation  BBC News
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Royal Mail seeks injunction against workers' delivery boycott
Royal Mail has begun a court battle with the Communication Workers Union after thousands of postal workers voted to boycott deliveries of rivals' mail and to oppose privatisation.
Royal Mail staff vote overwhelming against privatisation  Telegraph.co.uk
Royal Mail workers vote against privatisation  BBC News
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