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U.K. markets news

UK GDP growth slower than expected as inflation bites
Economists say consumers' incomes are under pressure from slowing employment and wage growth as well as rising inflation. Photograph: Matthew Lloyd/Getty Images.
US first quarter growth weakest in three years as consumer spending falters  Reuters UK
US growth rate hits three-year low  BBC News
Financial Times  
Banks' customers endure online glitches as cash 'disappears into thin air'
Banking customers with NatWest, RBS, Lloyds and Halifax struggled with online banking glitches on Friday. Banking customers with NatWest, RBS, Lloyds and Halifax struggled with online banking glitches on Friday.
NatWest customers have seen money and wages 'disappear' ... this is ...  WalesOnline
Why Natwest banking app glitch might have made it look like money ...  Derby Telegraph
The garden bridge is dead – now �37m of public money must be repaid
A cynical garnish for raising land values … the garden bridge, designed by Thomas Heatherwick. Photograph: Heatherwick Studio/PA.
Garden Bridge: London mayor Sadiq Khan withdraws support  BBC News
Joanna Lumley's proposed Garden Bridge for Thames scrapped by London' ...  BT.com
No drab idea: Elon Musk's Boring Company aims to fight traffic
Tesla Inc. Chief Executive Elon Musk sent Twitter and the internet buzzing Friday with talk of his newest venture: The Boring Company.
Tesla Semi: New Image, and Everything We Know  Motley Fool
Elon Musk's 'Boring' Tunnel System Speeds Cars Along at 130 MPH  Entrepreneur
European banks recover some of their swagger after dismal fourth quarter
After a dismal fourth quarter, it seems that Europe's investment banks have got some of their swagger back. Sample the FT's top stories for a week.
ALEX BRUMMER: Barclays and Royal Bank of Scotland remain blighted by past ...  This is Money
FTSE in biggest one-month fall since November  Reuters UK
Royal Bank of Scotland hit with technology glitch
Royal Bank of Scotland was hit with a technology glitch that temporarily caused some customer payments to disappear, tainting the bank's return to quarterly profitability for the first time in more than a year.
Taxpayer-owned RBS swings to profit as Ross McEwan eyes better days  Telegraph.co.uk
RBS: Profits, but they're overshadowed by looming trial pitting bank ...  The Independent
M&S online food delivery service will be no piece of cake
Couch potatoes everywhere are licking their lips as two High Street giants prepare to enter the crowded market of online food orders for home delivery.
Analysis: How can M&S make food online work?  Retail Week
Marks & Spencer close to naming new chairman  Sky News
London close: FTSE lower as UK, US growth in Q1 disappoints, sterling up
Stocks in London drifted to a lower close on Friday as a rise in sterling weighed on blue chips and both UK and US preliminary economic growth data disappointed investors on both sides of the Atlantic.
Barclays weighs on FTSE 100 as Britain's economic growth slows to 0.3pc  Telegraph.co.uk
European Markets Finished Mixed Ahead Of Long Holiday Weekend
(RTTNews.com) - The European markets endured a choppy day of trade Friday, fluctuating between small gains and losses throughout the session.
Jump in eurozone inflation adds to calls to end monetary easing  Financial Times
Euro-zone inflation surge doesn't help Mario Draghi's case  The Australian Financial Review
Sir Martin Sorrell's pay package plunges from �70m to �48m
Sir Martin Sorrell has said there is 'nothing to see here' on the issue of who will succeed him at WPP. Photograph: Ruben Sprich/Reuters.
Days of bumper bonuses numbered but bosses still celebrate  Financial Times