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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
Irish Times   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.
Bank of England votes 6-3 against increasing QE  BBC News
Mervyn King outvoted on economic stimulus at final MPC meeting  Financial Times
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Dalian Wanda Group: Sunseeker jobs 'will stay in UK'
Chinese property developer Dalian Wanda Group has said it will spend more than �1bn ($1.6bn) to buy a British yacht maker and develop a hotel in London.
China Billionaire Invests $1.6 Billion in London Land, Boats (2)  Businessweek
Analysis: Dalian Wanda Group ups the ante by buying One Nine Elms site  The Times (subscription)
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Vodafone set to trump Liberty with $10 billion cash bid for Kabel - sources
FRANKFURT/LONDON | Wed Jun 19, 2013 11:34am BST. FRANKFURT/LONDON (Reuters) - Vodafone is discussing a bid of about $10 billion (6.4 billion pounds) with Germany's No.
Gideon Spanier: Vodafone vs Liberty is part of wider battle as media converges  Evening Standard
Liberty Global enters bidding race for Kabel Deutschland  Financial Times
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FCA fines property agent record one million pounds
LONDON | Wed Jun 19, 2013 11:42am BST. LONDON (Reuters) - The Financial Conduct Authority (FCA) has fined a property agent nearly a million pounds for defrauding vulnerable people, the largest-ever fine for a sole trader in the consumer sector.
UPDATE 1-UK watchdog fines property agent record one million pounds  Reuters
FCA issues 'largest ever' �1m fine to mortgage arranger  FT Adviser
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Imagination Technologies profits dip on chip licensing delays
Pre-tax profit was �12.2m compared to �28.5m the previous year. The dip was expected following a warning last month. Imagination said the microchip makers who license its designs had put deals on hold while some shift their focus away from the fierce ...
Imagination lacking on smartphone changes  Evening Standard
Broker snap: Imagination Tech is undervalued, says Peel Hunt  ShareCast
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Business news and markets: live
... Off. � Chinese banks face looming credit crunch � HSBC cuts China growth forecast � Sir Mervyn's final call for more QE overruled � Anastasiades appeals for overhaul of Cyprus bail-out � Chinese firm gets into British luxury with yachts and hotels
Cyprus aid programme must be implemented without delay - Germany  Reuters
Revision of Cypriot bailout terms not likely - euro zone officials  Reuters UK
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Store value: JD Sports stays on track
Sales of trainers and tracksuits at JD Sports are sprinting along, but the group's camping and other clothing stores haven't quite broken out into a jog so far this year.
JD Sports expects big loss from outdoor shops  Telegraph.co.uk
JD Sports braces itself for big loss  Management Today
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Payday loan ad banned for '�1000 night out' offer
The Advertising Standards Authority has banned a payday lender for sending text messages that encouraged people to borrow �1,000 for a night out.
Unsolicited text messages offered loans to fund social life  Irish Examiner
Advertising Standards Agency cracks down on payday lender  Financial Reporter
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Passenger satisfaction with trains plunges
A survey of 30,000 people by the watchdog group, Passenger Focus, showed the travelling public are increasingly frustrated by the lack of staff at stations, delays and squalid lavatories on trains.
Late trains mean commuters in London are even less satisfied  Evening Standard
Train passengers 'less satisfied'  MSN UK
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