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U.K. markets news

UK inflation: sharp fall eases household squeeze
A steep drop in transport costs, particularly air fares which declined 6.4pc between March and April, led the fall - the first in seven months.
UK inflation falls to seven-month low of 2.4%  Financial Times
Some good economic news: Inflation drop is bigger than expected  The Independent
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Nick Buckles quits as CEO of G4S
Nick Buckles has unexpectedly quit as chief executive of G4S, the company responsible for the botched handling of security at last year's Olympics.
Business news and markets: live  Telegraph.co.uk
G4S boss Nick Buckles quits after overseeing Olympic security ' ...  Daily Mail
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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 ...
Marks & Spencer has made its promises - now the retailer must deliver  Telegraph.co.uk
Under-fire boss Bolland puts faith in new M&S collections as 4% fall in ...  This is Money
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Outsourcing firms help FTSE steady at 13-year high
By Francesco Canepa. LONDON | Tue May 21, 2013 9:53am BST. LONDON (Reuters) - The FTSE 100 steadied at near-13-year highs early on Tuesday, as rallies in outsourcing companies Capita and G4S offset a sharp fall in cruise operator Carnival ...
Earnings in focus at FTSE's 12-year peak  Financial Times
FTSE heads for new 13 year high, but Carnival sinks 13% after warning on ...  The Guardian (blog)
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Vodafone reports first ever fall in revenues as southern Europe slumps
Vodafone has recorded its first ever fall in annual revenues as the recession in southern Europe saw its takings there fall by almost 17%.
Vodafone to reinvest �2.1bn Verizon dividend  Financial Times
Vodafone keeps Verizon payout after European weakness  Reuters UK
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Dublin rejects Apple tax avoidance claims
Dublin has rejected allegations contained in a US Senate committee report that it is a tax haven which has helped Apple avoid paying billions of dollars in taxes around the world.
Ireland says it is not to blame for low Apple tax rate  Reuters UK
Government denies facilitating Apple tax avoidance  Irish Times
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Burberry bolstered by rising Chinese demand to push sales to �2bn
Rocketing growth in China helped annual sales at Burberry hit �2bn for the first time as the British luxury goods group banks on the giant Asian economy and Latin America for further growth.
Burberry profits drop on exceptional charge  AFP
Asia Growth Lifts Burberry Profit 14%  New York Times
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How Local Business Week highlighted issues affecting SMEs
Local Business Week (LBW) drew to a close on Sunday, leaving in its wake several interesting points to consider about the future of the British high street and its thousands of butchers, bakers, candlestick makers - and countless other small businesses.
Cyber crime 'costs small companies �800m a year'  Telegraph.co.uk
Small firms lose up to �800m to cyber crime, says FSB  Stock Market Wire
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CML: Mortgage market experiences strongest April since 2008
The mortgage market experienced its strongest April since 2008, according to figures released today by the Council of Mortgage Lenders.
UK housing market picking up, figures suggest  BBC News
Surge in mortgage applications from UK home buyers as fixed rates fall  Property Wire
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Hounslow residents vote against Heathrow expansion
Hounslow residents have said they are against Heathrow Airport expanding in overwhelming numbers, according to council consultation.
Birmingham Airport proposes five-point plan to boost capacity  The Business Desk (registration)
Heathrow owner says third runway is 'only real solution'  Travel Weekly UK
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