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U.K. markets news

Inflation falls in April, giving more leeway for stimulus
By Christina Fincher and Olesya Dmitracova. LONDON | Tue May 21, 2013 11:15am BST. LONDON (Reuters) - Inflation fell twice as fast as expected last month, giving incoming Bank of England governor Mark Carney more leeway to support the economy ...
Boom in the south drives up house prices  Telegraph.co.uk
Inflation falls after drop in petrol prices and airfares  The Guardian
Wall Street Journal   Related articles »  
Ireland says not to blame for Apple's low tax rate
By Conor Humphries. DUBLIN | Tue May 21, 2013 11:40am BST. DUBLIN (Reuters) - Ireland said on Tuesday it was not to blame for Apple Inc's low global tax payments after the U.S.
Apple tax-avoidance schemes deemed 'highly questionable' by US ...  The Independent
Can Tim Cook Tame Washington?  Businessweek
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Business news and markets: live
... Off. � UK inflation falls further than expected to 2.4pc � G4S chief executive Nick Buckles steps down � Marks & Spencer profits fall after clothing struggles � Burberry pre-tax profits up 14pc to �427.8m � Vodafone pre-tax profit fell 65.9pc � Political attacks on ...
Nick Buckles quits as CEO of G4S  The Guardian
Buckles departure ends colourful period for G4S  Financial Times
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Marks & Spencer says investment to hold back profits
By James Davey. LONDON | Tue May 21, 2013 10:35am BST. LONDON (Reuters) - British retailer Marks & Spencer posted its lowest annual profit since 2009 on Tuesday, hit by a drop in clothing sales, and said growth this financial year would be held back ...
M&S chief Marc Bolland: We have underperformed  BBC News
More woe for Bolland as M&S splutters - Management Today  Management Today
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Burberry profits rise as Asian sales grow
UK fashion brand Burberry has reported a larger-than-expected rise in annual profits, helped by a strong performance in Asia. Pre-tax profits rose by a better-than-expected 14% to �428m ($652m).
Burberry bolstered by rising Chinese demand to push sales to �2bn  Financial Times
Burberry profits drop on exceptional charge  AFP
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Vodafone keeps Verizon payout to make up for European slump
By Kate Holton and Paul Sandle. LONDON | Tue May 21, 2013 11:54am BST. LONDON (Reuters) - Vodafone will reinvest a $3.2 billion (2.1 billion pounds) dividend from its healthy U.S.
Vodafone reports first ever fall in revenues as southern Europe slumps  The Guardian
Vodafone to reinvest �2.1bn Verizon dividend  Financial Times
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Scottish referendum: Alex Salmond says Scotland can afford independence
Scotland can "more than afford' to be a successful independent country, its first minister has said. Alex Salmond was speaking as he launched a paper outlining the nation's key economic strengths.
Scotland Counters UK's Claims On Independence  Wall Street Journal
Salmond outlines financial case for Scottish independence  Financial Times
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Bank of Ireland frees 1200 mortgage holders from rate rise
The bank announced in February that 13,500 mortgage customers on tracker mortgages would see their rates increase from May 1, around half of whom have a buy-to-let mortgage.
Bank of Ireland U-turns on mortgage rate hike  FT Adviser
Bank of Ireland in partial retreat on mortgage rise  Financial Times
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O2 set to clash with unions over transfer of 2000 staff to Capita
An spokeswoman confirmed on Monday night that the UK telecoms giant would announce the move to investors when the stock market opens.
Capita upgrades organic growth forecast for 2013  Reuters
Capita scores O2 contract and ups full year guidance -UPDATE  IFA Magazine
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Carnival shares fall as cruise operator warns on profits
Beleaguered cruise operator Carnival issued a profit warning late on Monday, sending shares down 13 per cent when markets opened in London.
Carnival lists on profit warning  Proactive Investors UK
Carnival Cuts Full-Year Guidance on Weaker Revenue Yields  Wall Street Journal
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