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U.K. markets news

Ocado shares jump on deal with Morrisons - MyFinances.co.uk
Morrisons unveiled steady results and confirmed it will take its first step into online retail in partnership with Ocado in 2014 as Sainsbury's announces higher annual profits.
Ocado signs online deliveries deal with Morrisons - and faces threat of ...  The Independent
Divorce from Waitrose now the only risk for Ocado  The Guardian
Telegraph.co.uk   Related articles »  
More London bankers in line for bonus pain as the EU cap gets tighter
Thousands more London bankers are set to be caught by the EU's controversial bonus cap, it emerged yesterday. The European Banking Authority's board of supervisors has ruled that any employee making more than �500,000 (�420,000) annually should ...
Bonus cap to catch tens of thousands more bankers in Europe  Financial Times
Thousands more bankers to be caught in bonus cap net  The Times (subscription)
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Sir Mervyn King concern over Help to Buy scheme
The outgoing governor of the Bank of England has warned that a government plan to boost the housing market should not become permanent.
Carney becomes an easy target  The Times (subscription)
Could the stock market triple in the next 10 years?  The Sunday 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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Amazon UK paid �2.4m tax last year, despite �4bn sales
Amazon's UK subsidiary paid �2.4m in corporate taxes last year, the online retailer's accounts show, despite making sales of �4.3bn.
Amazon received more money from UK grants than it paid in corporation tax  Telegraph.co.uk
Condemnation after Amazon's corporation tax bill is less than it gets in ...  The Independent
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Call centre menu options catalogued by frustrated man
Retired IT manager Nigel Clarke, from Kent in the UK, has launched a website listing the call centre menu sequences for accessing thousands of services.
Shortcuts catalogued to bypass the automated phone maze  Telegraph.co.uk
Irate Brit catalogues call centre menu options on Website  CNET 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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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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City veteran Sir John Bond voted off board of Glencore Xstrata
One of the most dramatic shareholder revolts in recent years was staged on Thursday when City veteran Sir John Bond was ousted from the board of Glencore Xstrata and replaced as chairman by Tony Hayward, the former BP boss whose reputation hit rock ...
Glencore Xstrata Appoints Hayward as Interim Chairman  Wall Street Journal
Ex-BP chief Tony Hayward to chair Glencore Xstrata after shareholder revolt  Telegraph.co.uk
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Jockey Club extends retail bond deadline by 15 days - MyFinances.co.uk
Severn Trent has launched a Retail Prices Index linked bond, making it the UK first water company to offer retail investors an inflation-beating investment product.
Jockey Club lengthens retail bond race  Financial Times
Jockey Club hits bond target and extends deadline  BBC News
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