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U.K. markets news

UK inflation: sharp fall eases household squeeze
A steep drop in transport costs, particularly air fares which declined 6.4pc between March and April, led the fall - the first in seven months.
Some good economic news: Inflation drop is bigger than expected  The Independent
Falling petrol prices drive first drop in inflation since September  Reuters UK
Financial Times   Related articles »  
Ireland says it is not to blame for low Apple tax rate
By Conor Humphries. DUBLIN | Tue May 21, 2013 9:59am BST. DUBLIN (Reuters) - Ireland said on Tuesday it was not to blame for Apple Inc's low global tax payments after the U.S.
Senators accuse Apple of 'highly questionable' billion-dollar tax ...  The Guardian
Government denies facilitating Apple tax avoidance  Irish Times
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Nick Buckles unexpectedly quits as CEO of G4S
Nick Buckles has unexpectedly quit as chief executive of G4S, the company responsible for the botched handling of security at last year's Olympics.
Business news and markets: live  Telegraph.co.uk
G4S boss Nick Buckles quits after overseeing Olympic security ' ...  Daily Mail
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Vodafone reports first ever fall in revenues as southern Europe slumps
Vodafone has recorded its first ever fall in annual revenues as the recession in southern Europe saw its takings there fall by almost 17%.
Vodafone to reinvest �2.1bn Verizon dividend  Financial Times
Vodafone keeps Verizon payout after European weakness  Reuters UK
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Marks & Spencer has made its promises - now the retailer must deliver
Robert Swannell, the chairman, has spoken of a �radical transformation� at the heart of M&S to modernise the retailer and chief executive Marc Bolland has spoken of the �strong progress� in the business.
Marks & Spencer profits tumble to lowest level in four years as clothing ...  Daily Mail
Marks & Spencer profits fall again  The Guardian
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Outsourcing firms help Britain's FTSE steady at 13-year high
By Francesco Canepa. LONDON | Tue May 21, 2013 9:29am BST. LONDON (Reuters) - The FTSE 100 steadied at near-13-year highs early on Tuesday, as rallies in outsourcing companies Capita and G4S offset a sharp fall in cruise operator Carnival ...
Earnings in focus at FTSE's 12-year peak  Financial Times
FTSE heads for new 13 year high, but Carnival sinks 13% after warning on ...  The Guardian (blog)
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Burberry profits drop on exceptional charge
LONDON - British luxury clothing and accessories maker Burberry said on Tuesday that annual net profits fell 3.4 percent after it took a large exceptional charge.
Asia Growth Lifts Burberry Profit 14%  New York Times
Burberry Profit Exceeds Expectations as Sales Surge in Asia (1)  Businessweek
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How Local Business Week highlighted issues affecting SMEs
Local Business Week (LBW) drew to a close on Sunday, leaving in its wake several interesting points to consider about the future of the British high street and its thousands of butchers, bakers, candlestick makers - and countless other small businesses.
Cyber crime 'costs small companies �800m a year'  Telegraph.co.uk
Small firms lose up to �800m to cyber crime, says FSB  Stock Market Wire
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CML: Gross lending up 4% in April
Gross mortgage lending increased by an estimated 4.3 per cent between March and April, according to figures released today by the Council of Mortgage Lenders.
UK housing market picking up, figures suggest  BBC News
Irish mortgage lending hit fresh low in first quarter  Reuters
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London shares up again after hitting 12 year high
LONDON - London shares opened higher on Tuesday, lifted by strong mining stocks, after the benchmark FTSE 100 index reached its best level since September 2000 on Monday.
Stock market hits a near 13-year high as the FTSE 100 finally claws back all ...  This is Money
U.K. Stocks Little Changed Near 12-Year High for FTSE 100  Bloomberg
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