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U.K. markets news

Bets on earlier rate rise after unemployment falls
A big fall in unemployment sent the pound up against the dollar yesterday and prompted traders to place bets on an earlier rise in interest rates from the Bank of England's Monetary Policy Committee.
Bank of England unlikely to rush into an early interest rate rise  The Guardian (blog)
UK unemployment record powers pound to 4-year high against US dollar  This is Money
Financial Times   Related articles »  
How did Philip Clarke find himself alone at the top of Tesco?
Clarke is now the only full-time, executive director of a business with 530,000 staff operating in 12 countries. Photograph: Bloomberg/Bloomberg via Getty Images.
Tesco boss Philip Clarke defiant on sales and profits turnaround plan
More price cuts in store as profit slides at Tesco  CITY A.M.
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Co-Op To Unveil �2.5bn Losses As Crisis Deepens
Members of the Co-operative group "will not see dividends for years" as the crisis engulfing it deepens. 1:03am UK, Thursday 17 April 2014.
Crisis hit Co-op set to unveil loss of up to 2.5 billion pounds  Reuters
Co-op Group set to post huge losses  Northamptonshire Telegraph
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Burberry still in vogue with China as demand grows for luxury goods
STRONG demand from China's growing middle class for upmarket fashion and beauty products helped luxury retailer Burberry shrug off worries about the impact of the strong pound.
Chinese keep on buying from Burberry  The Independent
Burberry defies fears over Asia with sales jump  CITY A.M.
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Former JJB boss 'faked bank statement to hide loan'
The former boss of the collapsed retailer JJB Sports forged a bank statement to disguise the fact he had borrowed �1.5m from another well-known retail figure, a jury was told.
Ex-JJB Sports boss Sir David Jones 'fooled everyone'  BBC News
Former JJB boss Sir David Jones 'forged statement'  Bradford Telegraph and Argus
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Despite 19% Revenue Growth, Google Again Disappoints Investors In Q1
Hurt once again by falling ad prices on smartphones and tablets, Google Google disappointed investors with first-quarter earnings that came in slightly under expectations.
Earnings and Sales From Google Disappoint  New York Times
Rising Costs Erode Google Profits  Wall Street Journal
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Facebook: Taking on PayPal with socially useful banking
Reports that Facebook has plans to enter the financial-services arena should send out a warning to traditional high-street banks. The social network, for all its mis-steps - such as concerns about personal-data mining - is still seen as a trusted company, while ...
Watch Out PayPal? The Real Meaning Of A Facebook Money Transfer Business  Forbes
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Former Co-op Bank chairman Paul Flowers charged with drugs offences
Disgraced former Co-op Bank boss Paul Flowers arrives at Stainbeck police station in Leeds. Photograph: Lynne Cameron/PA. The former Co-op Bank boss Paul Flowers has been charged with two counts of possession of a class A drug and one count of ...
Former Co-op boss Flowers charged over drugs possession  Yorkshire Post
Co-op boss blames media vultures for downfall... but not 'nice BBC'  Daily Mail
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Lamb curries and kebabs 'often another meat'
Takeaway owners are to face a new testing programme, after a watchdog found nearly a third of lamb takeaways it checked contained a different meat.
Lamb takeaways? Not always  Herald Scotland
FSA find huge food fraud using substitute meat  Daily Mail
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Companies upbeat as they hike ad budgets
Companies hiked their advertising budgets at the greatest rate in 14 years in the first three months of this year and they are bullish about the outlook in a boost for the Chancellor, George Osborne.
Surge in British companies' marketing spend points to economic recovery  The Guardian
UK firms increase ad budgets as recovery optimism grows  Reuters UK
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