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U.K. markets news

Smartphone Storage Deals Could Be Unfair
The UK competition watchdog has reviewed cloud storage services used by millions to store family photos, films and music. 09:03, UK, Friday 27 May 2016.
Competition watchdog attacks UK cloud storage providers  The Guardian
Cloud storage providers agree to fair terms with consumers  Inquirer
Financial Times  
HS2 will cost 'five times more than French line'
The controversial High Speed 2 rail link is five times more expensive than a similar line being built in France, according to a new report which has sparked fresh fears about the investment required for the project.
Penny-pinching HS2 critics miss the bigger picture  iNews
Call for review to end row over high speed rail stop  Yorkshire Post
Global Stocks Edge Higher Ahead of Yellen Speech
Global stocks edged higher Friday as investors remained cautious ahead of comments from Federal Reserve Chairwoman Janet Yellen that could offer clues on the timing of a U.S.
European Stocks Near One-Month High, Set for Third Weekly Gains  Bloomberg
Asian stocks edge up as investors await Yellen talk, US data  Daily Mail
Yorkshire network Kcom returns to sales growth as it speeds up fibre investment
Kcom's white phone boxes were designed to commemorate the silver jubilee of King George V. But the company is now investing in modern fibre optic networks.
It's a Hull of a thing: Kcom takes a break from 8-year sales slide  The Register
KCOM expects lower full-year core earnings as costs rise  Reuters UK
Mark Jones appointed chief executive of Goals Soccer Centres
Goals Soccer Centres has selected a veteran leisure industry figure to lead the company. Mark Jones, 55, is leaving the Rank Group, where he led Grosvenor Casinos, to become chief executive of the five-a-side football company on 1 July.
CompaniesGoals Soccer Centres gets new boss  Financial Times
Goals Soccer Centres appoint new chief executive  Scottish Daily Record
Britain plans steel pensions overhaul to ease sale of Tata assets
LONDON (Reuters) - Britain's government said on Thursday it had started discussions on overhauling the deficit-laden British Steel Pension Scheme, a major stumbling block for potential buyers of Tata Steel's UK assets.
Tata Steel Numbers To Improve On UK Operations Rejig: Moody's  NDTV
Plan to cut Tata Steel pensions could cost savers �200bn  Business MattersBusiness Matters
Anglo American appoints Bruce Cleaver as chief executive of De Beers
Mining giant Anglo American has appointed Bruce Cleaver as chief executive of the world's largest diamond producer, De Beers. Mr Cleaver will take the helm on July 1 after current chief executive Philippe Mellier announced he was stepping down after ...
Commodities Week in a Minute: A huge thank you, some gold thoughts and GEM  Proactive Investors UK
Anglo American's De Beers picks insider Cleaver as CEO  Reuters UK
Motorists heading to France urged to fill up as fuel shortages worsen
Motorists heading to France for the bank holiday are being urged to fill up their tanks at every opportunity as fuel shortages caused by industrial action worsen.
Brit Bank Holiday motorists told to cancel trips to France as fuel pumps run ...  The Sun
Bank Holiday traffic: Motorists warned they face worst getaway in three years  Evening Standard
Incoming Wolseley CFO will not be joining FTSE 100 company after all
Wolseley, the world's biggest supplier of plumbing and heating goods, has announced that the man earmarked to be its next chief financial officer will not be joining the group after all.
Wolseley U-turns on appointment of ailing Cobham's finance chief Simon ...  Evening Standard
Wolseley says Nicholls won't join as finance chief  Reuters UK
House price growth in Cambridge outpaces rival Oxford
House prices in the UK's biggest cities have jumped due to the buy-to-let surge, with Cambridge outpacing its rival Oxford, according to Hometrack.
Money digest: today's need-to-know financial news  Spectator.co.uk (blog)
Brexit forecast to hit pace of house sales  Financial Times