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U.K. markets news

Business news and markets: live
... Off. � Apple chief exec to be grilled by US politicians on tax � McCain: Apple tax gives new meaning to 'think different' � UK inflation falls further than expected to 2.4pc � G4S chief executive Nick Buckles steps down � Marks & Spencer profits fall after clothing ...
Ireland rejects blame for Apple's low tax rate  Reuters UK
Irish PM says US Senate's Apple tax claims incorrect  Reuters
ABC News   Related articles »  
UK inflation: sharp fall eases household squeeze
Sterling tumbled almost a cent against the dollar, down 0.7pc to $1.5145, as traders said falling inflation raised the prospect of more stimulus when Mark Carney takes over as Bank of England Governor in July.
New house price figures show London continues to be a driving force  The Independent
City surprised as inflation dips and pound falls - Management Today  Management Today
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Dimon role spared amid investor backlash
More than 40 per cent of shareholders voted against the re-election of Ellen Futter, James Crown and David Cote as directors, potentially heralding a boardroom shake-up at the largest US bank by assets.
JP Morgan's Jamie Dimon survives protest vote  Telegraph.co.uk
JPMorgan Shareholders Reject CEO-Chairman Split in Win for Dimon  Bloomberg
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Burberry China Sales Up 20%
LONDON�Burberry Group PLC showed further signs of recovery following a midyear profit warning, as it reported a rise in full-year revenue on Tuesday.
Burberry boosted by Asian retail growth  The Guardian
Sector movers: Burberry lifts personal goods sector after record results  ShareCast
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Market overview: FTSE closes at highest level in 13 years
LONDON (SHARECAST) - 1630: Close The FTSE charged ahead to finish at its highest level in 13 years today as a sharp drop in consumer-price inflation lifted the outlook for the UK economy, growing by 2.4 per cent in the year to April 2013, down from 2.8 ...
Earnings in focus at FTSE's 12-year peak  Financial Times
Miners, outsourcers keep FTSE at 12-year highs  Reuters UK
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BoI reverses mortgage tracker increase for 1200 customers
The Bank of Ireland (BoI) has reversed controversial increases of mortgage rates for some of the 13,500 affected borrowers following pressure from consumers and lawyers.
Bank of Ireland reverses mortgage rate increase for 1200 borrowers  The Guardian
Bank of Ireland frees 1200 mortgage holders from rate rise  Telegraph.co.uk
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Vodafone's Verizon dilemma
May.21 - Vodafone's posted the largest ever fall in its main revenue measure, forcing it to keep a dividend from Verizon, its healthy U.S.
Vodafone to reinvest �2.1bn Verizon dividend  Financial Times
Vodafone's decision time over US partner Verizon  Telegraph.co.uk
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Cement companies warned over lack of competition
Lack of competition in the UK cement industry has cost consumers millions of pounds, according to the Competition Commission. It said the big firms had focused on maintaining market share rather than competing with each other.
UPDATE 1-UK watchdog warns cement makers over lack of competition  Reuters
Competition Commission call for cement sell-offs call  Evening Standard
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Capita rises on outsourcing of 3700 O2 call centre staff
The �1.2bn contract, first revealed by The Daily Telegraph and still subject to final negotiations, will see Capita take over the management of existing O2 call centres with 3,700 customer service jobs transferred.
CWU union claims O2 call centre workers 'betrayed'  BBC News
Capita upgrades organic growth forecast for 2013  Reuters
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Could RBS stay in an independent Scotland?
Could RBS stay in an independent Scotland? HBOS headquarters in Edinburgh If Scotland became independent, would and could Royal Bank of Scotland and Bank of Scotland, owned by Lloyds, keep their homes there?
Royal Bank of Scotland leads the way as FTSE 100 hits highest level since ...  The Guardian
UK Business Minister: RBS, Lloyds Too Risk-Averse on Loans to Firms  Wall Street Journal
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