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U.K. markets news

U.K. Inflation Slows More Than Economists Forecast to 2.4%
U.K. inflation slowed more than economists forecast in April to a seven-month low and producer prices rose the least since 2009 as fuel costs fell.
UK inflation rate falls to 2.4% in April  BBC News
House prices rise 2.7pc in a year  Telegraph.co.uk
Reuters UK   Related articles »  
Apple CEO Tim Cook testifies at Senate hearing over tax practices � live
Tim Cook is testifying before Congress about Apple's tax strategy today. Photograph: Marcio Jose Sanchez/AP. Live. Sort by: Latest first; Oldest first.
Ireland: We are 'not to blame' for Apple tax affairs  Telegraph.co.uk
Bobbing Apple: Cook Defends Apple's Offshore Tax Policy  ABC News
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Buckles departure ends colourful period for G4S
The 52-year-old steps down a year after becoming embroiled in a fiasco surrounding the Olympics that saw the military drafted in to provide security for the games after G4S was accused of presiding over a shambles.
Why Nick Buckles ran out of chances at G4S  The Guardian
G4S chief quits after series of embarrassments  Reuters UK
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Miners, outsourcers keep FTSE at 12-year highs
By David Brett. LONDON | Tue May 21, 2013 11:56am BST. LONDON (Reuters) - Rallying miners and a contract win for outsourcing company Capita helped steady the FTSE 100 by midday on Tuesday despite weakness in travel firms after disappointing ...
Broker tips: Capita, Burberry, Carnival  ShareCast
Earnings in focus at FTSE's 12-year peak  Financial Times
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Strong demand in China helps boost Burberry sales to �2bn
Rocketing growth in China helped annual sales at Burberry hit �2bn for the first time as the British luxury goods group banks on the giant Asian economy and Latin America for further growth.
Chinese appetite for luxury has Burberry looking smart  Evening Standard
Burberry profits rise as Asian sales grow  BBC News
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Carnival shares fall as cruise operator warns on profits
Shares in beleaguered cruise operator Carnival fell as much as 13 per cent on Tuesday, following an overnight profit warning. Reduced prices for cruises were driving booking volumes higher, but the upshot was lower net revenue yields - a measure of the ...
Carnival cruise firm's shares fall after discounts threaten profits  BBC News
Ahead of the Bell: Carnival  Businessweek
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Bank of Ireland reverses mortgage rate increase for 1200 borrowers
Bank of Ireland has written to 1,200 borrowers threatened with an increase in their mortgage rate to advise them they will not face the change after all, following a review of customer complaints.
Bank of Ireland frees 1200 mortgage holders from rate rise  Telegraph.co.uk
Bank of Ireland in partial retreat on mortgage rise  Financial Times
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Vodafone to reinvest �2.1bn Verizon dividend
Vodafone is to plough a �2.1bn dividend from US telecoms group Verizon back into its business rather than offer shareholders a windfall, after the UK-based mobile operator reported its biggest annual fall in service revenues in five years.
Vodafone says comfortable with Verizon Wireless status quo  Reuters UK
Vodafone Reports First Full-Year Revenue Drop Since 2005  New York Times
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Marks & Spencer admits fashion mistakes for women as it unveils annual profits ...
Profits at Marks & Spencer have slumped to their lowest level in four years amid a succession of fashion disasters with dowdy designs and lack of stock.
'Make-or-break' fears for Marks and Spencer chief after profits ...  Evening Standard
Marks & Spencer profits fall again  The Guardian
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West London Residents Oppose Heathrow Expansion in Vote
Residents of two west London boroughs close to Heathrow Airport voted by 71.8 percent to 28.2 percent against the building of a third runway, the councils said today.
Hounslow, Richmond and Hillingdon residents against Heathrow expansion  BBC News
EXCLUSIVE: 100000 neighbours say no to Heathrow airport expansion  Evening Standard
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