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U.K. markets news

Chief defends Lloyds over PPI but admits complaint failings
Lloyds Banking Group has done �absolutely the right thing� to ensure that its customers get compensation for mis-sold payment protection insurance, its chief executive told MPs yesterday.
Co-op suffers double rating blow as Moody's warns investors may only get ...  Telegraph.co.uk
Lloyds' chief denies pressure to select Co-op bid  Financial Times
The Independent   Related articles »  
The G-8 Clamps Down on Tax Evasion, But Critics Say Plan Falls Short
Leaders of the G-8 nations have agreed on a series of measures designed to clamp down on tax evasion and tax avoidance. A communiqu� released from the summit of eight of the world's largest economies sets out 10 points aimed at promoting �fair taxes� ...
G8 summit: Osborne hails progress over tax evasion  The Guardian
G-8 Agrees Proposals to Tackle Tax Evasion, Avoidance  Wall Street Journal
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It's the end of this road for the high street
When it comes to the high street, few can rival Bill Grimsey's footfall. �Veteran retailer� is the phrase he uses to describe himself on the cover of Sold Out, his hard-hitting manifesto on the future of the high street that is attracting the attention of ministers and ...
Review into high street attacks Portas plan  The Independent
Former Wickes boss lays out vision for High Street  BBC News
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Rising air fares push up inflation
Consumer Prices Index inflation climbed to 2.7 per cent in May, from 2.4 per cent in April, the Office for National Statistics said today.
Inflation Continues to Undershoot Fed Target  Wall Street Journal
UK house prices up 2.6 per cent  Financial Times
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�225000 fine for TV show call centre after harassed householders with ...
A call centre made famous by a BBC reality TV series has been fined �225,000 for harassing families with nuisance calls. The BBC has portrayed the company's millionaire boss 'Big Nev' Wilshire as a lovable rogue, a consumer champion and even a hero.
The Call Centre: Two companies featured on hit BBC3 show fined over nuisance ...  Mirror.co.uk
'Call Centre' boss's firms fined over nuisance calls  The Independent
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London shares close higher ahead of Fed meeting
LONDON - London shares closed higher on Tuesday as investors hoped the two-day Federal Reserve Board meeting will not spark too sharp a reduction in the Fed's stimulus programme to shore up the United States economy, dealers said.
UK Stocks Advance as HSBC and Standard Chartered Rally  Bloomberg
Market overview: Footsie rises on speculation of Chinese rate cut  ShareCast
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Asda slips as supermarkets battle for middle ground
The polarisation of the high street is showing no signs of slowing as new data reveals that discount chains Aldi and Lidl, along with high end grocer Waitrose, have won more customers this year than any of their supermarket rivals.
Co-op food sales fall for fourth consecutive month as bank struggles  Telegraph.co.uk
Britain's grocery market polarisation intensifies - Kantar  Reuters
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Former Trader Is Charged in UK Libor Probe
LONDON�British prosecutors filed fraud charges Tuesday against former UBS AG and Citigroup Inc. trader Tom Hayes, the first criminal charges by U.K.
Former trader charged in Libor case  Financial Times
UPDATE 2-UK charges ex-UBS trader Hayes in Libor investigation  Reuters
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Lombard: Hogg will allow BoE governor to focus on the day job
Let's hope Charlotte Hogg enjoys her 15 seconds of fame. Her appointment as the first chief operating officer in the Bank of England's history is certainly newsworthy.
Santander's loss is BoE's gain: Hogg makes history as bank's ...  This is Money
Charlotte Hogg at Bank's wheel to steer daily operations  The Times (subscription)
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'To farm I have to rape the countryside. It's got to be wrong': The true effect of the ...
To passers-by, the red-brown earthy mound rising up from the path would probably warrant little more than a cursory glance. It looks like part of the steep bank which flanks the footpath cutting through this quiet corner of the Gloucestershire countryside.
Zoologist and crossbench peer Lord Krebs questioned the credibility of plans ...  BBC News
Badger cull a PR disaster for UK countryside, warn 'dissident' farmers  The Ecologist
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