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U.K. markets news

UK banks told to find further �13bn
The UK's banks have been told to find an additional �13.4bn of capital this year on top of the balance sheet-strengthening measures they had already been planning.
UK watchdog says Lloyds must raise $13.5 billion capital  Reuters UK
Barclays, Lloyds and RBS told to plug �27bn hole in finances  The Independent
Telegraph.co.uk   Related articles »  
US Yields and Dollar Strong, Equities Weak on Stimulus Fears
U.S. Treasury yields are sharply higher and the dollar is strong but global stocks and emerging-market assets are weak after Federal Reserve Chairman Ben Bernanke set the stage Wednesday for a gradual tapering of the Fed's measures to stimulate the U.S.
RPT-WRAPUP 1-Asian markets hammered on China fears, Fed exit plan  Reuters
Asia Stocks Drop With Europe Futures, Commodities on Fed, China  Businessweek
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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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Dixons year profit up 15 percent on strong UK
LONDON | Thu Jun 20, 2013 8:01am BST. LONDON (Reuters) - Dixons (DXNS.L), Europe's No. 2 electricals retailer, beat guidance with a 15 percent rise in underlying year profit, with sales growth in Britain and northern Europe offsetting falls in the ...
Dixons Sees Improving Signs From Shoppers as Profit Jumps  Bloomberg
Booming sales of tablet computers boost Dixons  Financial Times
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Osborne says Lloyds privatisation is 'active' and explores RBS 'bad bank'
In his Mansion House speech to the City's great and good, the Chancellor said the Government would urgently investigate the case for splitting up RBS and creating a so�called "bad bank" of risky assets.
Osborne looks to split RBS into 'good' and 'bad' banks  Money Marketing
Ulster Bank assets examined under Treasury review  Irish Times
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�1bn luxury yacht deal nets Brian Souter �100m
Sir Brian Souter made a healthy profit from his part in a consortium which bought and sold luxury yacht-maker Sunseeker. Picture: complimentary.
Wanda to launch $1b New York hotel project  Xinhua
China's Wanda aims to launch $1 billion NY hotel project this year: chairman  Reuters
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Record fine for Birmingham-based home finance trader
A home finance arranger has been fined nearly �1m, a record sum, for misleading homeowners when selling and renting back their properties.
FCA fines rogue property trader nearly �1m  The Guardian
Mortgage broker receives record �1m fine  Telegraph.co.uk
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Children are dying beause of failure to use GM crops, says Owen Paterson
Mr Paterson said that GM offers �wonderful opportunities� that could benefit human health and the environment. He said GM production in the UK would mean less spraying of pesticides and less intensive farming.
GM even safer than conventional food, says environment secretary  BBC News
Owen Paterson: UK must become global leader on GM crops  The Guardian
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Stansted Airport terminal in �80m revamp
Stansted Airport is to be given an �80m redevelopment of its terminal building, including new security facilities and a larger departure lounge.
Stansted poised to begin �80m revamp  Financial Times
EasyJet's Stansted deal will double numbers  Cambridge News
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End 'stop start' approach to infrastructure investment
Political squabbling, under-investment and short-termism is discouraging investors from backing UK projects, the Institute of Civil Engineers (ICE) says, and Britain is falling behind rival economies due to inertia over controversial issues such as airport ...
Call for 'shake-up' of transport strategy  nebusiness.co.uk
Engineers urge transport strategy  shropshirestar.com
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