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U.K. markets news

The good, the bad and the ugly choices on banking
You can license bankers, claw back bonuses for the bad ones, and jail the reckless ones. But what do you do about banks? Westminster's Banking Standards Commission offers lots of analysis and strong recommendations about what to do with the culture of ...
'Jail reckless bankers': Failed bosses could also lose right to ...  Daily Mail
Parilamentary report proposes jail time for reckless UK bankers  ShareCast
Financial Times   Related articles »  
King Loses Final BOE Vote as Majority Sees Recovery Strength
Bank of England Governor Mervyn King lost his final monetary policy vote this month as the majority of officials blocked his bid for more stimulus and said Britain's economic recovery was taking hold.
BoE split 6-3 against more QE at King's final meeting  Reuters UK
BOE voted 6-3 to keep asset purchases at �375bln  MarketWatch
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China's Wanda in �700m London development
A Chinese property group is to build a luxury hotel on London's South Bank as part of a �700m investment, underlining the capital's attractions for foreign investors.
China Billionaire Invests $1.6 Billion in London Land, Boats  Bloomberg
China's Wanda buys Sunseeker Yachts and invests in London skyscrapers in ...  Telegraph.co.uk
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Berkeley's profit rise an encouraging sign for the property market
Berkeley has added to signs that the property market is picking up with stronger than expected results. The London-focused developer today announced a 26 per cent rise in full-year pre-tax profit and said that its ten-year plan to return �1.7 billion to ...
Berkeley Group Annual Profit Rises 33% as Prices Increase  Bloomberg
Housebuilder Berkeley's profit rises 26 pct  Reuters
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Shares edge up, dollar steady as markets await Fed
By Richard Hubbard. LONDON | Wed Jun 19, 2013 4:41am EDT. LONDON (Reuters) - European shares edged higher and major currencies and commodities were little changed on Wednesday as investors awaited clarity on the U.S.
Stocks: Investors hold their breath for Bernanke  CNNMoney
Yen Gains First Time in Three Days Versus Dollar Before Bernanke  Businessweek
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JD Sports expects big loss from outdoor shops
Although its Blacks Leisure and Millets chains saw an increase in like-for-like sales over recent months, that had been achieved at a "significant margin sacrifice", JD Sports said on Tuesday.
JD Sports warns of 'substantial' loss at Blacks and Millets  Evening Standard
JD like-for-likes jump in UK and Ireland but profit margins fall at Blacks ...  Retail Week
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Revision of Cypriot bailout terms not likely-euro zone officials
BRUSSELS, June 19 | Wed Jun 19, 2013 3:53am EDT. BRUSSELS, June 19 (Reuters) - The euro zone does not intend to change the terms of Cyprus's bailout as requested by Cypriot President Nicos Anastasiades in a letter sent to euro zone leaders and its ...
Cyprus president calls for bailout overhaul to save economy  Financial Times
Cyprus in Crisis: Troika Likely to Ignore Nicos Anastasiades' Angry ...  IBTimes.co.uk
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Altrincham is Britain's ID's fraud capital
Altrincham has become the UK's No. 1 hotspot for identity fraud, outside of certain parts of London. Last year, there were 13 identity fraud attempts for every 10,000 adults in the upmarket commuter town southwest of Manchester, with residents targeted at ...
The identity fraud map of Britain: London and Altrincham the worst hit by ...  This is Money
East Ham named identity fraud hotspot  BBC News
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Crest Nicholson sees boost from Help to Buy
Improving access to mortgages and government initiatives designed to fuel the housing sector have boosted the first results from Crest Nicholson since the housebuilder returned to market.
Buoyant Crest downplays fears of house-price boom  Evening Standard
Crest Nicholson profits jump following stock market return  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.
Highland Council to decide on Moray Firth wind farm  Scotsman
Ross ports could reap benefits as �3bn offshore wind scheme moves forward  Ross-Shire Journal
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