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U.K. markets news

Apple chief calls on US government to slash US corporate tax
Apple has called for US corporate tax rates to be slashed after it admitted sheltering at least $30bn (�20bn) of international profits in Irish subsidiaries that pay no tax at all.
Tax Issue Aside, Apple Has Big Fans in Congress  Wall Street Journal
Apple CEO makes no apology for company's tax strategy  Reuters UK
Telegraph.co.uk   Related articles »  
Mark Carney warns Europe against lost decade of austerity
The incoming governor of the Bank of England has warned Europe it must make "sustained and significant reforms" if it is to avoid a Japanese-style lost decade caused by austerity measures.
What next for inflation and interest rates?  Telegraph.co.uk
Pound slides after inflation slowdown revealed  Financial Times
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Marks & Spencer to halt store openings
The company, Britain's biggest clothing retailer, says it plans to add no extra space for general merchandise in the UK from 2016 as it refocuses spending on its digital operations.
M&S profits drop 14% on weak clothing sales  Financial Times
Marks & Spencer Earnings: Results Pressure CEO  Wall Street Journal
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Fiat Industrial to move tax home to UK
Fiat Industrial aims to move its tax residency to the UK from Italy after a merger with US business CNH to take advantage of a lighter fiscal regime, according to a regulatory filing.
Fiat Industrial plans UK HQ for tax reasons  MarketWatch
Fiat Industrial seeks UK tax move  The Guardian
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Bankers' bonuses: European watchdog says many more staff will face curbs
Proposals to clamp down on bankers' pay by limiting bonuses to 100% of salary will capture many more staff than are covered by current pay codes, a top banking regulator has said as it publishes proposals on how to implement the European Union's bonus ...
UPDATE 1-EU watchdog unveils caps for bank bonuses  Reuters
EBA Aims To Widen Range Of Bankers Affected By Bonus Cap  Wall Street Journal
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Burberry Earnings: China Sales Up 20%
LONDON�Burberry Group PLC showed further signs of recovery following a midyear profit warning, as it reported a rise in full-year revenue on Tuesday.
Men are the new fashion dollies  The Times (subscription)
Burberry boosted by Asian retail growth  The Guardian
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Vodafone chief Colao happy with Verizon stake
Vodafone boss Vittorio Colao staked his reputation on selling the group's prized stake in US operator Verizon Wireless at the right time and right price, saying he would not bow to pressure to do any deal.
What's News�  Wall Street Journal
Vodafone to retain �2.1bn Verizon dividend  Financial Times
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Alex Salmond has been putting the economic case for independence
Scotland can "more than afford' to be a successful independent country, its first minister has said. Alex Salmond was speaking as he launched a paper outlining the nation's key economic strengths.
Scotland's economy 'robust enough for independence'  AFP
Independent Scotland's economy has what it takes to thrive, says Salmond  The Guardian
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BoI reverses mortgage tracker increase for 1200 customers
The Bank of Ireland (BoI) has reversed controversial increases of mortgage rates for some of the 13,500 affected borrowers following pressure from consumers and lawyers.
Bank of Ireland reverses mortgage rate increase for 1200 borrowers  The Guardian
BoI informs 1200 UK customers they won't face mortgage increase  Irish Examiner
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Paragon plans return to banking business
Nigel Terrington, chief executive of Paragon, said yesterday the company would start providing personal and car loans again, as part of a planned move back into the consumer banking.
REFILE-Paragon lifts first half profit and seeks acquisitions  Reuters
Paragon lifts profit, see further growth in lending  ShareCast
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