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U.K. markets news

Britain Must Back Single Airport Hub to Ensure Growth, CBI Says
Britain should back the development of a single hub airport to lock in essential trading links to emerging markets and ensure long-term economic growth, the Confederation of British Industry said today.
CBI appears to back Heathrow over Gatwick for airport expansion  The Guardian
Boris: Heathrow Third Runway Plan 'Barbaric'  Sky News
Travel Weekly UK   Related articles »  
Major Tesco Shareholder Warns On Strategy
One of the chain's biggest backers cuts its stake by half as a new chief executive begins work on another turnaround plan. 8:10am UK, Monday 01 September 2014.
Tesco eyes fightback as new boss enters the fray  Evening Standard
Five tips for Dave Lewis on his first day as Tesco CEO  Marketing
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UK companies remain confident about economic outlook
The sterling exchange rate is strong at the moment, leading to concerns about exports. Photograph: Andalucia Plus Image bank / Alam/Alamy.
UK Recovery Could Lose Pace as Manufacturing Growth Cools  International Business Times UK
Manufacturing growth eases as uncertainty weighs  IFA Magazine
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Spain's Caixabank eyes 150 million euro synergies from Barclays deal
MADRID (Reuters) - Spain's Caixabank (CABK.MC) said on Monday that its acquisition of Barclays' (BARC.L) retail and corporate banking operations in the country would bring around 150 million euros (118.45 million pounds) in gross cost savings by 2016.
CaixaBank to Buy Barclays's Spanish Businesses for $1.1 B  Bloomberg
Barclays sells Spanish operations to CaixaBank for �632m  Telegraph.co.uk
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Welcome to the last affordable area of England
The borough of Copeland in north-west England is the last "affordable" area left in Britain, where the average house price is less than three times the average annual salary.
Welcome to Sellafield, the last bastion of affordable house prices  The Guardian
The last 'affordable' part of Britain: Cumbrian borough Copeland is ...  Daily Mail
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European Stocks Rise With Asian Equities; Dollar Holds
European equity-index futures rose with Asian stocks as investors weighed whether policy makers will add stimulus amid manufacturing data from China to Germany.
China manufacturing growth slows and house prices fall  Telegraph.co.uk
Russian manufacturing expands in August despite Ukraine woes: PMI  Reuters
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Half of UK businesses want changed EU relations
More than half of UK businesses are in favour of re-negotiating their relationship with the European Union, according to a British Chambers of Commerce survey.
UK companies want to remain in the EU but with more decision making in ...  CITY A.M.
Fears the UK could not negotiate deals without the EU are 'crazy' ...  Express.co.uk
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China's 'bad banks' back in the spotlight
The prospect of the first ever default in China's rapidly expanding shadow banking sector sent shockwaves through financial markets this year.
Chinese Banks Shift Focus Amid Slowing Economy and Mounting Bad Debts  Chinatopix
China turns to new lending horizons  The Australian Financial Review
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Co-op Group needs new top-class chairman and CEO, warns Lord Myners
Lord Myners has welcomed the progress made over Co-op board reform, but says new bosses must be competitive with rivals. Photograph: Carl Court/AFP/Getty.
Co-op members overwhelmingly approve governance reform proposals  Retail Week
Co-op Group bosses to reveal scale of challenge facing mutual  Yorkshire Post
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Draghi approaches his Abenomics moment
Investors were not listening hard enough to Mario Draghi's recent speech at Jackson Hole. If they were, they would have heard the sound of gears shifting.
Morning MoneyBeat Europe: Bulls Lack Cues as New Week Starts  Wall Street Journal (blog)
Euro at one-year low against dollar in Asia  Zee News
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