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U.K. markets news

Costa Coffee demand helps Whitbread to first-quarter sales rise
LONDON | Tue Jun 18, 2013 7:31am BST. LONDON (Reuters) - Britain's Whitbread (WTB.L) posted a 3.1 percent rise in first quarter sales, as demand for hot drinks at its Costa Coffee chain helped ease the impact of cold weather on its restaurant business.
Whitbread 1Q Total Sales +13.8%, Comparable Sales +3.1%  Wall Street Journal
Whitbread reports hike in like-for-like sales  ShareCast
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Co-op finance director insists bank will remain ethical as it moves to share listing ...
The Co-operative Bank is going public, listing shares on the stock market to plug a �1.5bn black hole in its balance sheet. The bank unveiled a deal with the Prudential Regulation Authority yesterday that will see its bondholders paying the penalty for its ...
UPDATE 3-UK's Co-op Bank agrees 1.5 bln stg "bail-in" rescue plan  Reuters
Co-op Bank to Raise New Capital  Wall Street Journal
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Watchdog to crack down on banks lobbying government ministers
Bankers on the panel would advise the Government on developments in the banking industry and provide an official conduit for conversations between senior politicians and executives.
Sunday newspaper round-up: RBS, Co-op bank, easyJet  ShareCast
Monday Papers: George Osborne to signal Lloyds sale by 2015  Citywire.co.uk
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Peter Collins on Queen's Birthday Honours List
Wales: Gary Griffiths Wales' entrant baritone Gary Griffiths is happily already well on his way in his operatic career, like a large number of this year's participants.
Eastbourne trio in Queen's Honours List  Eastbourne Herald
Arise, professor! University of Manchester academics recognised in Queen' ...  Mancunian Matters
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Aviation firm co-founded by Iron Maiden's Bruce Dickinson secures �5m ...
An aircraft maintenance business co-founded by the lead singer of Iron Maiden is set to be pumped with a �5m investment in what will help the company have a �much wider impact across the entire South Wales aerospace industry�.
Dickonson sings praised of aviation firm deal  Belfast Telegraph
Bruce Dickinson raises �5m to boost aviation business  Scotsman
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SFO set to prosecute over LIBOR scandal
The Serious Fraud Office (SFO) is set to begin the first criminal prosecution in the LIBOR-rigging scandal and could charge a former UBS and Citigroup trader this week, The Times reports.
UK prepares charges against Libor trader  Financial Times
UK Prosecutors Likely to File Libor-Manipulation Charges  Wall Street Journal
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L&G names insider finance director after PRA intervention
Legal & General (L&G) has promoted one of its senior staff to finance director after the insurer's external candidate was disapproved of by the regulator.
Legal & General unveils new finance chief, management reshuffle  Reuters
L&G insider takes finance director job  Financial Times
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Fidelity's Anthony Bolton to Stop Managing China Fund
Anthony Bolton will give up managing the Fidelity China Special Situations fund and return to retirement after it failed to match the returns of the U.K.
Fidelity's Bolton to retire from China fund  Reuters
Retirement looms for Anthony Bolton - the City's Quiet Assassin  Telegraph.co.uk
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Steve Webb warns UK pension rises are at risk
Steve Webb's comments will fuel the debate over whether the favourable treatment offered to pensioners this parliament can be maintained as the next administration struggles with sustained austerity.
Pension increase pledge facing the axe: 'Triple' guarantee will cost ...  Daily Mail
Steve Webb: Pensions 'triple lock' cannot be guaranteed after the ...  Telegraph.co.uk
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Going green adds �16000 to houses
Energy-saving improvements boost house prices by 14 per cent on average, with increases of up to 38 per cent in some parts of the country, the research based on 300,000 property sales in England between 1995 and 2011 claimed.
Green homes jump in value  The Sunday Times
SMEs embrace energy efficiency but are suspicious of Green Deal  Link2Portal
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