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U.K. markets news

BoE governor King warns of euro risk to British recovery
LONDON | Sun May 19, 2013 10:29am BST. LONDON (Reuters) - The single biggest risk to Britain's nascent economic recovery is continued eurozone weakness, the Bank of England's outgoing governor Mervyn King said in a television interview on Sunday.
Sir Mervyn King issues Help to Buy mortgage warning  BBC News
Help to Buy puts mortgage market at risk, says King  Telegraph.co.uk
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Miliband promises action on Google tax avoidance
The Labour leader promised action after Google was given a mauling by MPs on the Public Accounts Committee over its tax affairs. Prime Minister David Cameron will lead efforts at next month's G8 summit of world leaders to find ways of preventing ...
Google tax avoidance row: Internet giant accused of 'scandalous' tax ...  Daily Mail
Miliband pledges corporate tax avoidance crackdown  BBC News
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M&S staff bonus at risk
Marks & Spencer's store staff could see their meagre �100 bonus trimmed or ditched after the retail bellwether posts a further fall in annual profits this week.
Bolland 'has backing of M&S board', says chairman  Telegraph.co.uk
John Phelps's portfolio  Herald Scotland
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Independent Scotland open to Cyprus-style bank risks, says Britain
Sun May 19, 2013 4:31am EDT. * Referendum on independence due in Sept. 2014. * Breakaway would leave Scotland vulnerable-British Treasury.
An Independent Scotland More Vulnerable to Financial Shocks - UK Treasury  Wall Street Journal
Scottish Independence: Treasury claims banks 'safer in UK'  BBC News
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Citizens Advice calls for ban on cold calling after Ofcom study - MyFinances.co.uk
Ofcom has launched a consultation on price increases part-way through a contract. The telecoms regulator Ofcom has launched a consultation on whether telecom, broadband and mobile firms should be allowed to raise prices part-way through a contract.
Citizens Advice urges cold calling ban after Ofcom study  The Guardian
How to stop nuisance calls and junk mail  Telegraph.co.uk
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Market Report: ENRC founders get bid breathing space
The founders of troubled Kazakh miner ENRC have been given more time to come up with a better bid, but the City isn't convinced a better offer will be made.
ENRC Seeks Revised Offer From Consortium  Wall Street Journal
ENRC Founders Said to Detail Offer Below 300 Pence in Bid Letter  Bloomberg
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Families to pay �600 a year towards green energy by 2020, says think-tank study
The report said the cost of hitting European Union targets on green energy is likely to be more than �16 billion by 2020. This includes the cost of subsidies for wind farms and nuclear power, improvements to the national grid and VAT on green costs.
Switching supplier isn't enough - we need to talk about energy consumption  The Guardian (blog)
Aid for islands renewables  Herald Scotland
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Hospital manager Nuffield Health offers small investors 6% bond
Nuffield Health, the charity that runs gyms and private hospitals, is the second organisation within a fortnight to offer small investors a high-paying bond.
Nuffield retail bond launches at 6% � but does it have a clean bill of health?  The Guardian
Jockey Club lengthens retail bond race  Financial Times
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Legacy use agreed for last of eight big Olympic venues
Boris Johnson has welcomed a deal to secure the future of the �297m Olympic press and broadcast centres, the last of eight major venues in the 2012 Park in east London to agree its legacy use.
London Olympic Media Centers Spending Tops $1 Billion  Bloomberg
Deal Secures Future of 8 Permanent Venues of Olympic Park  Austrian Tribune
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BoE policymaker Martin Weale douses hopes of monetary stimulus when Mark ...
Martin Weale, a member of the rate-setting Monetary Policy Committee, warned that more stimulus risked a damaging surge in inflation because price rises have already been higher than the Bank's 2pc target for most of the past four years.
Top four central banks may change the tune  Reuters
Weale Says QE Scope Limited by Risks to Inflation Expectations  Bloomberg
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