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U.K. markets news

OneSavings more keen on lending to professional landlords after EU vote
Aug 24 (Reuters) - OneSavings Bank Plc said it had increased its focus on professional landlords and tightened lending criteria for financing smaller residential developments after Britain voted to leave the European Union.
Footsie falls 16 points to 6852.5 after Glencore profits tumble  International Business Times UK
FTSE 100 dips as Glencore shares slide  BBC News
Financial Times  
Lloyds bank boss at centre of affair claims tells staff 'we all make mistakes'
'I don't expect anyone to get everything right all the time. The important point being how we learn from those mistakes and the decisions and actions we take afterward,' Antonio Horta-Osorio.
Lloyds chief apologises for damage caused by affair allegations  The Guardian
Lloyd's CEO Antonio Horta-Osorio: Why bank boss will survive ...  International Business Times UK
Bank lending goes UP in month after historic Brexit vote as consumers show ...
Bank lending rose in the month after the historic Brexit vote in the latest sign that consumers have not succumbed to anxiety over the prospect of leaving the EU.
Shoppers' credit card use unaffected by Brexit, say banks  BBC News
Housing market on hold as cautious buyers stay away after Brexit vote  Telegraph.co.uk
AstraZeneca to sell small molecule antibiotics business to Pfizer
AstraZeneca today announced that it has entered into an agreement with Pfizer Inc. to sell the commercialisation and development rights to its late-stage small molecule antibiotics business in most markets globally outside the US*.
What does AstraZeneca plc's deal with Pfizer mean for shareholders?  AOL Money UK
AstraZeneca strikes �1.2bn deal to sell part of antibiotics business to ...  This is Money
WPP shares jump to record high after strong sales growth
WPP shares jumped more than 5 per cent to a record high after the world's biggest advertising group reported strong growth in the first half of 2016 and shrugged off the effects of a vote to leave Europe in its home market in the UK.
WPP in record territory  Interactive Investor
Ad Boss Warns Uncertainty Will Kill Growth  Sky News
World's biggest aircraft crashes in Bedfordshire
The world's largest aircraft has crashed during its second test flight since being revamped in the UK. The 92-metre-long (302ft) Airlander 10 - part plane, part helicopter, part airship - was damaged after reportedly hitting a telegraph pole at its ...
Airlander 10: Longest aircraft damaged during flight  BBC News
European stocks mixed as oil slips
Wednesday 12:30 BST. European stock benchmarks are mixed as softer oil prices weigh on the energy sector, while the dollar firms and bond yields are steady as traders tweak US rate rise expectations.
Asian stocks consolidate after Wall Street gains, oil slips  Business Insider
Brexit latest: Investors pull �5bn from UK stock market funds after EU referendum
Investors pulled �5.7 billion out of UK-based stock market funds, preferring to put their cash into safe havens due to concerns over Britain's vote to leave the EU.
Franklin Templeton and BlackRock suffer highest European outflows in July  Investment Week
Investors pull �5bn from UK funds in July  Financial Times
Tesco hits back in grocery fulfilment war with same-day click and collect
Tesco has fired a salvo at grocery rivals Sainsbury's and Amazon by launching a same-day click and collect service across the UK.
Tesco is primed to take on Amazon Fresh  Retail Gazette (blog)
Lidl marches ahead as sales grow 12.2%  Belfast Telegraph
Glencore hacks away at debt and hints dividend could return in 2017
Glencore has signalled its turnaround is on track after revealing plans to cut its huge debt pile even further this year while hinting it may restore its dividend in 2017.
Glencore's underlying profit falls, lowers debt target  Daily Mail
Glencore's Worst Profit Shows Miners Still Reeling From Crisis  Bloomberg