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U.K. markets news

'Jail reckless bankers': Report urges the Government to introduce new criminal ...
Britain's banking bosses should face jail if their decisions force fresh bailouts, the Parliamentary Commission on Banking Standards says today.
BOE to Reveal UK Banks' Capital Holes in Transparency Test (1)  Businessweek
The good, the bad and the ugly choices on banking  BBC News
Telegraph.co.uk   Related articles »  
Bank of England ratesetters remain split over QE at Sir Mervyn King's final meeting
Sir Mervyn was outvoted for a fifth consecutive month on extending the Bank's �375bn quantitative easing (QE) programme, as members voted 6-3 against expanding asset purchases.
Mervyn King outvoted on economic stimulus at final MPC meeting  Financial Times
King Eyes Parting Shot at Bankers Gearing Up for Carney  Bloomberg
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FTSE retreats; Fed in focus
By Tricia Wright. LONDON | Wed Jun 19, 2013 9:47am BST. LONDON (Reuters) - The FTSE 100 fell on Wednesday with traders saying investors were shifting positions ahead of the conclusion of a U.S.
Britain's FTSE creeps higher; Fed in focus  Reuters
FTSE LIVE: Nervousness ahead of Fed update on US economy  This is Money
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China Billionaire Invests $1.6 Billion in London Land, Boats (2)
Dalian Wanda Group, the Chinese developer controlled by billionaire Wang Jianlin, is investing 1 billion pounds ($1.6 billion) in a British yachtmaker and a London site to build Western Europe's tallest residential tower.
China's Wanda in �700m London development  Financial Times
China's Wanda buys Sunseeker Yachts and invests in London skyscrapers in ...  Telegraph.co.uk
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FCA fines property agent one million pounds
LONDON | Wed Jun 19, 2013 11:17am BST. LONDON (Reuters) - Britain's Financial Conduct Authority has fined a property trader nearly a million pounds for major failings, the largest fine ever for a sole trader in the consumer sector.
FCA issues 'largest ever' �1m fine to mortgage adviser  FT Adviser
FCA bans and fines sole trader �1m for sale and rent back failings  Money Marketing
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Neville Richardson resigns from non-executive role at M&S Bank
Mr Richardson, the former boss of Britannia Building Society who went on to run the combined �supermutual�, has stepped down as a non-executive director of M&S Bank, a joint venture between the retailer and HSBC Bank, and also of Countrywide, the ...
Former Co-op boss steps down from M&S role  Manchester Evening News
Former Co-op boss Neville Richardson steps down from M&S Bank and ...  Telegraph.co.uk
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JD Sports expects big loss from outdoor shops
Although its Blacks Leisure and Millets chains saw an increase in like-for-like sales over recent months, that had been achieved at a "significant margin sacrifice", JD Sports said on Tuesday.
JD Sports warns of 'substantial' loss at Blacks and Millets  Evening Standard
JD like-for-likes jump in UK and Ireland but profit margins fall at Blacks ...  Retail Week
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East Ham named identity fraud hotspot
People living in London's East Ham are more likely to be the victims of identity fraud than anyone else in the UK, figures suggest.
Altrincham is Britain's ID's fraud capital  The Times (subscription)
The identity fraud map of Britain: London and Altrincham the worst hit by ...  This is Money
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Berkeley's profit rise an encouraging sign for the property market
Berkeley has added to signs that the property market is picking up with stronger than expected results. The London-focused developer today announced a 26 per cent rise in full-year pre-tax profit and said that its ten-year plan to return �1.7 billion to ...
Berkeley Group Annual Profit Rises 33% as Prices Increase  Bloomberg
Housebuilder Berkeley's profit rises 26 pct  Reuters
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Prospects building for Crest Nicholson
339�p +1�. Questor says BUY. Since Crest Nicholson rejoined the London market in February, shares in the company are up more than 50pc.
Crest Nicholson sees boost from Help to Buy  Financial Times
Buoyant Crest downplays fears of house-price boom  Evening Standard
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