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U.K. markets news

UPDATE 2-US central bank not "that close" to winding down stimulus -Bullard
Thu May 23, 2013 9:10am EDT. By Marc Jones. LONDON May 23 (Reuters) - A senior U.S. central banker sought to give reassurance on Thursday that the Fed is in no hurry to start winding down its economic stimulus after comments by chairman Ben ...
Wall St. to drop at open on stimulus plan worry, China data  Reuters India
Ben Bernanke says bond buying could slow  Financial Times
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concerns about underlying economy as 0.3pc growth confirmed
The updated figures from the Office for National Statistics showed that the UK's dominant services sector, which accounts for three quarters of national output, drove the recovery - growing 0.6pc over the three months.
Signs of weakness mar UK economic growth  Reuters UK
UK economy grew by 0.3% but concern that underlying growth weak  MyFinances.co.uk
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FCA fines JPMorgan �3m over failings in wealth arm
The new regulator said the unit was unable to show it was giving clients the right advice. "Although no detriment to customers has been identified to date, the failings exposed customers to the risk that they would be given incorrect advice and inappropriate ...
JP Morgan fined �3m for advice failings  BBC News
FCA fines JPMorgan 3 million pounds  Reuters UK
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Store closures help Mothercare trim losses
Cutting the number of its high street stores helped Mothercare narrow losses in its UK division as the retailer attempted to yank its struggling home market into profitability by 2015.
Mothercare sticks with UK store closure plan as it racks up �21.7million loss  This is Money
Mothercare reports another big loss  BBC News
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Japan stocks plunge on weak China data
A global rally in stocks came to an abrupt halt Thursday as a 7% plunge on Japan's Nikkei index unnerved investors in Europe and set the tone for a weak opening on Wall Street.
Japan's market takes a tumble  BBC News
Nikkei's U-turn may not be the big trigger for a Wall Street pullback  MarketWatch
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Concerns over Flybe's Gatwick slots sell-off
Business leaders and politicians have raised concerns over the future of Inverness's links with London Gatwick. A three-times-a-day service operated by Flybe is in doubt following the airline's decision to sell all of its take-off and landing slots at Gatwick.
EasyJet to buy Gatwick slots from Flybe  Financial Times
Flybe attacks Gatwick after �20 million sell-off of slots  Evening Standard
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US May flash manufacturing PMI signals weakness
WASHINGTON (MarketWatch) -- The U.S. flash manufacturing purchasing managers' index fell to a 51.9 reading in May from 52.1 in April, Markit said Thursday.
Euro-Area Services, Factory Gauge Rises More Than Estimated  Bloomberg
Shrinking eurozone output suggests recession in second quarter  Financial Times
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Climate committee urges UK commitment to green power until 2030
The benefits of UK investment in renewable power that will add �100 a year to household energy bills are in jeopardy and should be bolstered with an approach that would add a further �20, the government's climate watchdog has said.
UK Warned Against Wager on Gas, Urged to Invest in Renewables  Wall Street Journal
Switch to low-carbon future would save households �1600  The Independent
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SABMiller Warns on US, Latin America
LONDON�SABMiller PLC warned weaker demand for lager in the U.S. and volatile markets in Latin America are putting pressure on its beer sales, echoing comments from other major brewers about the industry's prospects.
SABMiller sees margin growth after Latam, Africa surges  Reuters UK
Africa 'star performer' for SAB Miller  BBC News
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DMGT enjoys lift from MailOnline
MailOnline, the popular celebrity-fuelled website of DMGT, reported a surge in advertising revenues in the six months to the end of March, as the publisher of the Daily Mail newspaper ramps up its efforts to increase digital revenues.
DMGT boost as MailOnline passes the 10m-a-day mark  Evening Standard
Daily Mail publisher's print revenues slide  The Guardian
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