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U.K. markets news

Mario Draghi of European Central Bank Walks a Monetary Policy Tightrope
FRANKFURT - The metaphor of the moment at the European Central Bank's headquarters is “tightrope.” As in, what Mario Draghi, the bank's president, had to walk on Thursday.
FTSE rallies as dovish Draghi can't stop euro surge  Citywire.co.uk
ECB warns stimulus programme still has a way to run  BBC News
Reuters  
How the Biggest Online Black Market, AlphaBay, Was Shut Down
Attorney General Jeff Sessions announced the seizure of the online black market AlphaBay at a news conference in Washington on Thursday.
Dark web crackdown as two biggest markets are taken offline  New Scientist
AlphaBay and Hansa dark web markets shut down  BBC News
Sports Direct: The 'Selfridges' of sports?
"It's clear we have smashed the ball out of the park with our 'Selfridges' of sport concept," boasted Sports Direct chief executive Mike Ashley to financial analysts, following the release of the company's latest results.
Sports Direct and Selfridges: Does Mike Ashley have an inferiority complex?  The Independent
Sports Direct doubles net debt as profits fall 60%  Financial Times
Sky disappointed by 'delay' in Fox takeover investigation decision
The Culture Secretary says she is not ready to decide if the takeover should be referred to the CMA for an in-depth investigation.
Murdochs face further delay in Fox bid for Sky as MPs push for more scrutiny  Telegraph.co.uk
UK government further delays decision on Fox-Sky deal  Financial Times
Is Swansea's troubled rail electrification journey at an end?
Plans to electrify the railway past Cardiff to Swansea have been scrapped by the UK government again. Back in July 2012 the Department for Transport announced plans for the electrification of the line as part of a �16bn package of rail improvements.
Grayling sparks fury by scrapping rail electrification plans  The Guardian
Government ditches plans to electrify three major railway lines  Telegraph.co.uk
British Gas to pay customers �1.1m over missed appointments
British Gas said it had introduced checks to make sure appointments are not missed again. Photograph: Alamy. Energy industry. British Gas to pay customers �1.1m over missed appointments.
British Gas faces �1.1m compensation bill for missed appointments  Eagle Radio
British Gas pays customers 1.1 million pounds for failed appointments  Reuters UK
Hot weather boosts UK retail sales
UK retail sales rose by more than expected in June, rebounding from May's decline, according to the Office for National Statistics (ONS).
Warm weather drives UK shoppers back to the stores  The Guardian
Hot weather helps UK retail sales rebound in June  The Independent
Elon Musk: I got 'verbal' approval for NYC-to-DC hyperloop
Billionaire innovator Elon Musk claimed Thursday that he had received "verbal" government approval to build a futuristic underground rail system that would take riders from New York to Washington, D.C.
Elon Musk says he has a green light to build a NY–Philly–Baltimore–DC ...  The Verge
Elon Musk says he got 'verbal govt' approval for Hyperloop between ...  CNBC
Watch moment Saudia plane comes in to land after circling for FOUR hours due ...
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Passenger plane with wing flaps problem circles over Manchester for four hours  BT.com
Saudia Dreamliner lands safely after circling Manchester for four hours  The National
Bitcoin swings as civil war looms
The value of the virtual currency Bitcoin has always been volatile. Even so, there has been particular turbulence in recent days as fears of a "civil war" among its adherents first grew and then subsided, although they have not gone away altogether.
The Real Story Behind Bitcoin Price Volatility  CoinTelegraph
Bitcoin PullBack Is Over (For Now): Cryptocurrencies Gain Nearly A 50% In ...  The Market Oracle