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U.K. markets news

Sir Mervyn King issues Help to Buy mortgage warning
The outgoing governor of the Bank of England has warned that a government plan to boost the housing market should not become permanent.
BoE governor King warns of risks in mortgage scheme  Reuters UK
Falling fuel and beer prices herald rare inflation drop  The Independent
Telegraph.co.uk   Related articles »  
M&S staff bonus at risk
Marks & Spencer's store staff could see their meagre �100 bonus trimmed or ditched after the retail bellwether posts a further fall in annual profits this week.
Bolland 'has backing of M&S board', says chairman  Telegraph.co.uk
John Phelps's portfolio  Herald Scotland
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Sir Roger Carr in line to become BAE Systems chairman
The Sunday Telegraph understands that the leading City figure and chairman of Centrica is favoured by the board's nominations committee and Nick Rose, the senior independent director leading the search for a replacement for the present chairman, Dick ...
Sir Roger Carr In Lead to Become BAE Chair - Sky News  Sky News
Carr in pole position to become BAE chairman  The Sunday Times
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An Independent Scotland More Vulnerable to Financial Shocks - UK Treasury
LONDON--An independent Scotland would have an exceptionally large banking sector, compared with the size of the rest of its economy, making it vulnerable to financial shocks and putting Scottish taxpayers at significant risk in the event of the country being ...
Scottish Independence: Treasury claims banks 'safer in UK'  BBC News
U.K. Treasury Says Banks Too Big to Save in Independent Scotland  Bloomberg
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Fury at corporate tax avoidance leads to call for a global response
Huge orange and green cranes hover over a vast building site at King's Cross, London. Over the next three years, 2.4 acres of this site will be transformed into a million square feet of an 11-storey headquarters for the internet giant Google, no doubt ...
Google Faces Fresh Claims On Tax Avoidance - Sky News  Sky News
MPs accused of 'demonising' US multinationals over tax  Financial Times
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Health alert as hospital charity offers small investors 6% bond
Nuffield Health, the charity that runs gyms and private hospitals, is the second organisation within a fortnight to offer small investors a high-paying bond.
Nuffield retail bond launches at 6% � but does it have a clean bill of health?  The Guardian
Jockey Club lengthens retail bond race  Financial Times
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Citizens Advice calls for ban on cold calling after Ofcom study - MyFinances.co.uk
Ofcom has launched a consultation on price increases part-way through a contract. The telecoms regulator Ofcom has launched a consultation on whether telecom, broadband and mobile firms should be allowed to raise prices part-way through a contract.
Citizens Advice urges cold calling ban after Ofcom study  The Guardian
How to stop nuisance calls and junk mail  Telegraph.co.uk
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HS2 rail benefits to economy 'unclear', says National Audit Office
The economic benefits of the HS2 high-speed rail project are unclear, the National Audit Office (NAO) has warned. In a report, the NAO said it had "reservations" about how the planned high-speed rail link would deliver growth and jobs.
Watchdog rejects strategic case for building HS2 link  Financial Times
Patrick McLoughlin defends High Speed Rail 2 as 'right for Britain'  Telegraph.co.uk
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Market Report: ENRC founders get bid breathing space
The founders of troubled Kazakh miner ENRC have been given more time to come up with a better bid, but the City isn't convinced a better offer will be made.
ENRC Seeks Revised Offer From Consortium  Wall Street Journal
ENRC Founders Said to Detail Offer Below 300 Pence in Bid Letter  Bloomberg
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Families to pay �600 a year towards green energy by 2020, says think-tank study
The report said the cost of hitting European Union targets on green energy is likely to be more than �16 billion by 2020. This includes the cost of subsidies for wind farms and nuclear power, improvements to the national grid and VAT on green costs.
Switching supplier isn't enough - we need to talk about energy consumption  The Guardian (blog)
Aid for islands renewables  Herald Scotland
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