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U.K. markets news

Relief for Osborne at last as IMF spots signs of recovery and welcomes ...
George Osborne yesterday won backing from the International Monetary Fund, as it welcomed improvements in the economy. It will come as a relief to the Chancellor who was last month heavily criticised by the watchdog's chief economist for sticking to his ...
IMF pulls its punches on UK economic policy  Financial Times
Leaders: George Osborne's Plan B | Poor healthcare  Scotsman
The Guardian   Related articles »  
Market Report: Morrisons on shelf after shares sell-off
The supermarket chain Morrisons enjoyed a day in the sun last week after it unveiled a 25-year, �170m licensing deal with Ocado to help it launch food online next year.
Head of Waitrose Mark Price refuses to meet me, says Ocado chief Tim Steiner  Telegraph.co.uk
Morrisons shares slide as investment manager sells out  The Guardian
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Dollar Index Rises to Almost 3-Year High Before Jobs, Home Data
The Dollar Index climbed to an almost three-year high before U.S. data forecast to show jobless claims decreased and home sales rose, adding to the case for the Federal Reserve to reduce monetary stimulus.
Fed Leaves Market Guessing  Wall Street Journal
Fed Endorses Stimulus, but the Message Is Garbled  New York Times
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�410million profits at the power giant fined for misleading customers
Profits at the energy giant SSE surged by 28 per cent on the back of a cold winter that left millions struggling to heat their homes.
SSE customers face bigger bills despite profit surge of nearly 28%  Mirror.co.uk
SSE warns of more energy bill rises  Telegraph.co.uk
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Nationwide chief warns Help to Buy scheme could harm first time buyers
The boss of Britain's biggest building society says a government scheme could make it even harder for first-time buyers to bag a home.
Nationwide profits soar despite bad debts  The Independent
First-time buyers lift Nationwide  Scotsman
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Cable & Wireless Communications to end era with relocation
Cable & Wireless Communications, the telecoms group that traces its history back to the early days of the British empire, is to leave the UK after more than 140 years and move its headquarters across the Atlantic.
Cable & Wireless Communications revenues down on Caribbean tourism slump  Telegraph.co.uk
CWC will move base out of UK after disposals  CITY A.M.
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Sterling slides as retail sales soften
As unsettled weather and rising food prices put off shoppers, retail sales volumes including fuel sank 1.3pc month-on-month, confounding economists' forecasts for flat sales.
UK retail sales slump as shoppers balk at higher prices and cold weather  The Guardian
UK retail sales hit by bad weather again  BBC News
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Irishman behind world's largest wave farm
A company headed by an Irishman and using wind energy technology first designed in Queen's University Belfast has been granted planning permission by the Scottish government for the world's largest commercial wave farm.
Ministers approve plans for world's biggest wave farm in Western Isles  BBC News
World's largest wave power scheme given go-ahead  Scotsman
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Blue flag beaches down in Britain
There were 55 beaches deemed to have a water quality good enough to be given a flag this year, compared to 79 last year. For 2013, beaches had to meet a new �excellent� standard imposed by the EU under the EU Bathing Waters Directive.
Number of beaches with Blue Flag status drops  Irish Times
Four Teignbridge beaches win awards  Newtonabbot People
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London property companies get West End boost
The soaring price of property in London's West End has boosted results from real estate groups Great Portland Estates and Shaftesbury, which both own prime buildings across the UK capital.
Great Portland Annual Profit Rises as Property Values Grow  Bloomberg
Developers in West End enjoy strong demand  CITY A.M.
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