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U.K. markets news

Review slates running of UK banks
The exercise, initiated last autumn after the emergence of the Libor scandal, focuses on a range of policy recommendations, including deferral of pay by up to 10 years and a new criminal sanctions regime.
'Jail reckless bankers': Failed bosses could also lose right to ...  Daily Mail
Bosses of collapsed banks should be sent to jail, banking standards ...  The Independent
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Inflation at 53-Year Low Gives Bernanke Time to Press on With QE
The lowest inflation since the brink of the Kennedy-era economic boom in the 1960s is buying time for Federal Reserve Chairman Ben S. Bernanke to press on with the central bank's $85 billion in monthly bond purchases.
GLOBAL MARKETS- Shares edge up, dollar steady as markets await Fed  Reuters
Asian Stocks Advance as Topix Rallies as Japanese Exports Climb  Businessweek
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China's Wanda buys Sunseeker Yachts and invests in London skyscrapers in ...
On a stage shaped like a yacht, Wanda's 59-year-old chairman Wang Jianlin was ably supported by a troop of dancers in glittering dresses as he underlined that a wave of Chinese money is about to hit the UK.
China's Dalian Wanda to spend $1.6 bln on UK yacht maker, hotel  Reuters
China Billionaire Invests $1.6 Billion in London Land, Boats  Bloomberg
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Berkeley Group Annual Profit Rises 33% as Prices Increase
Berkeley Group Holdings Plc (BKG), the U.K. homebuilder focused on London and southeast England, said annual profit rose 33 percent after it sold more homes in areas where house prices are rising.
Housebuilder Berkeley's profit rises 26 pct  Reuters
Berkeley ramps up full year profit  ShareCast
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SNP refuses to price separate Scotland pension pledge
John Swinney announced an independent Scotland would have the same flat-rate pension of �144 per week planned by the UK but would increase it annually by the highest of earnings growth, inflation or 2.5 per cent.
Scottish independence: Swinney says pensions 'would be stronger'  BBC News
Scottish independence: Swinney's pension promise  Scotsman
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Councillors back Beatrice offshore wind-farm proposals
LOCAL planners have approved plans to to build up to 277 wind turbines in an area of sea off the Caithness coast more than twice the size of Dundee.
Councillors back Beatrice offshore wind farm plans  BBC News
Highland Council to decide on Moray Firth wind farm  Scotsman
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Inflation Continues to Undershoot Fed Target
Federal Reserve officials both expect and want inflation to be higher than it is. So far, that isn't happening. Consumer price data released Tuesday showed inflation rose a mere 1.4% in May from a year earlier.
Where is inflation? Where is growth?  Asia Times Online
Rising air fares push up inflation  Telegraph.co.uk
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East Ham named identity fraud hotspot
People living in London's East Ham are more likely to be the victims of identity fraud than anyone else in the UK, figures suggest.
East Ham named ID fraud capital of UK  Newham Recorder
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The �1m pay cut: City high-flier leaves Santander for Bank of England post
The City grandee Baroness Hogg's high-flying banker daughter Charlotte has taken a �1m pay cut to become the new Bank of England Governor's top enforcer.
Lombard: Hogg will allow BoE governor to focus on the day job  Financial Times
BoE names Charlotte Hogg as first chief operating officer  Telegraph.co.uk
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The Call Centre: Two companies featured on hit BBC3 show fined over nuisance ...
Two firms in BBC documentary series The Call Centre were fined a total of �225,000 today for making nuisance sales calls. The Information Commissioner's Office said there had been 2,700 complaints about Nationwide Energy Services and We Claim You ...
�225000 fine for TV show call centre after harassed householders with ...  Daily Mail
Call centres in BBC3 programme hit with �225000 fines  The Guardian
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