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U.K. markets news

Economic data provide mixed backdrop to IMF verdict on UK economy
Weak UK retail sales alongside strengthening tax revenues provided a mixed economic backdrop ahead of Wednesday's International Monetary Fund verdict on the British economy.
Plunge in retail sales points to fragile economy  Reuters UK
Sterling slides as retail sales soften  Telegraph.co.uk
BBC News   Related articles »  
SSE warns consumers of further energy price increases
SSE has warned that consumers should brace themselves for further increases in energy bills, as the London-listed energy group reported a jump in full-year pre-tax profit and bolstered its dividend.
SSE profits jump on higher gas usage and warns of more energy price rises  Telegraph.co.uk
SSE profits up after cold weather  BBC News
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Lloyds and RBS given capital 'all-clear'
The Prudential Regulation Authority (PRA) said this morning that it had completed its review of Lloyds and RBS and that the bank could both generate enough capital through retained profits and restructuring their operations to meet the regulator's minimum ...
Lloyds says to meet capital demands without extra funds  Reuters UK
Lloyds in 'strong capital position'  BBC News
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Sir Mervyn King outvoted on QE for fourth month
In his penultimate meeting as Bank of England Governor, Sir Mervyn, who retires at the end of June, was outvoted for a fourth consecutive month in calling for a �25bn increase in quantitative easing.
Rand Snaps 9-Day Losing Streak as Inflation Beats Estimates  Businessweek
Sterling Falls on Retail Sales, BOE Minutes  Wall Street Journal
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Tax lost offshore could end world poverty, says Oxfam
Lost tax revenue from money salted away offshore is costing governments more than $150bn (�99bn) a year, Oxfam has found - enough to eliminate extreme poverty across the globe twice over.
Oxfam says stopping tax evasion could end poverty twice over - MyFinances.co.uk  MyFinances.co.uk
At least 14 trillion euro hidden in tax havens worldwide -- Oxfam  Kuwait News Agency
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Nationwide grows lending to grab bigger slice of mortgage market
Britain's biggest building society posted a 3.4pc rise in pre-tax profits to �210m for the year to April 2013, from �203m last year.
Nationwide doubles provisions for commercial property loans  Financial Times
Nationwide's share of UK mortgage market reaches record high  MyFinances.co.uk
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Green deal: MPs blast government for failure to quantify success
The green deal, the flagship environmental policy of the UK's coalition government intended to make the country's homes more energy efficient, has received a fresh blow after an influential committee of MPs blasted the government on Wednesday morning for ...
U.K. Needs Energy-Efficiency Goals to Hold Government to Account  Bloomberg
Select Committee slams DECC for lack of Green Deal clarity  H&V News
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Blue Flag awards given to 55 beaches in England
More than 50 English beaches have met tough new EU standards to receive Blue Flag awards, recognising their high standards and water quality.
It's official - the South West has the best beaches  ITV News
Skegness beach retains two quality awards  Skegness Standard
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HMRC rebates for majority after mistakes with PAYE
Nearly 2m workers will be hit by tax demands as HM Revenue & Customs starts to correct tax mistakes in the pay as you earn system for 2012/2013.
HMRC 'errors' cost country �5bn, say MPs  Telegraph.co.uk
First, David Cameron should bring his own tax havens to book  The Guardian
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One in seven to rely on state pension - MyFinances.co.uk
Projected retirement income is lower for women, according to the Prudential. New research from the Prudential reveals that one in six peoplke retiring this year have no private pension provision and that the problem is worse for women.
One in five retiring in 2013 'will be below poverty line'  The Guardian
One in seven to retire without a pension  Telegraph.co.uk
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