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U.K. markets news

FTSE 100 closes above pre-Brexit level
The FTSE 100 has surged through the level it closed at last Thursday, recovering all of the ground it had lost in the wake of the Brexit vote.
FTSE CLOSE Footsie rebounds from post-Brexit slump; sterling pushes higher ...  This is Money
FTSE makes up all its post-Brexit losses  Reuters UK
Financial Times  
BHS collapse: Goldman Sachs is left looking foolish
Michael Sherwood, vice chairman at Goldman Sachs, appears before the business, innovation and skills committee. Photograph: PA. Wednesday 29 June 2016 14.03 EDT.
BHS pensions: Sir Philip Green 'owes �400m', says former minister  The Week UK
Frank Field accuses Sir Philip Green of 'nicking' from collapsed BHS  The Independent
Former PwC employees found guilty in 'Luxleaks' tax scandal
Two ex- PricewaterhouseCoopers staffers were found guilty in Luxembourg of stealing confidential tax files that helped unleash a global scandal over generous fiscal deals for hundreds of international companies.
LuxLeaks whistleblower avoids jail after guilty verdict  The Guardian
LuxLeaks whistleblowers fined and put on probation  EUobserver
Brexit makes government fix to Tata steel pension plan elusive
LONDON/BRUSSELS, June 29 (Reuters) - A government overhaul of the British Steel Pension Scheme - crucial to convincing anyone to buy Tata's British assets - is in jeopardy after Britons' vote to leave the European Union deepened the fund's debts and ...
Questions raised over safety at Port Talbot steelworks after workforce cuts  South Wales Evening Post
Edi Truell to make bid for Tata UK in the next two days  City A.M.
Why the EU's euro clearing Brexit threat may never happen
One of the shadows hanging over the City of London is whether it will lose its highly-prized business of clearing euro-denominated derivatives.
EU cities should get ready to clear euro in place of London - Hollande  Daily Mail
France Takes Aim At City Of London In Euro Clearing Threat  Investor's Business Daily
Lloyds Takes Axe To 640 Jobs And 23 Branches
State-backed Lloyds Banking Group is axing 640 jobs and shutting 23 branches in the latest tranche of a three-year programme of cuts.
Lloyds Banking Group puts 640 techies and backroom bods on chopping block  The Register
Lloyds to axe 640 jobs in cost-cutting drive - sources  Yahoo Finance UK
Will Brexit affect my pension? All your post-referendum questions answered
Will Wynne is co-founder and managing director of Smart Pension, a platform for [..] Show more. Follow Will. The United Kingdom Goes To The Polls In The EU Referendum.
Brexit: What does it mean for the regulation of UK pensions?  Lexology (registration)
Stagecoach eyeing Government compensation over East Coast
Stagecoach could receive “material” compensation from the taxpayer after rival rail operator FirstGroup was given the green-light to run competing services on the East Coast main line.
Stagecoach accelerates 3% after sale of European megabus business  The Guardian
CompaniesStagecoach profits slide; offloads European megabus to Flixbus  Financial Times
UK car industry: demand not hit by Brexit vote yet, forecast unchanged
LONDON, June 29 (Reuters) - UK car dealerships saw the same number of customers over the weekend as before Britons voted for Brexit last week, Britain's car industry association said on Wednesday, noting that it would not change its forecast for record ...
JLR aims high with the F-Pace  AM-online
Post Brexit, what next for UK subcontractors?  Engineering Capacity
Mirrors are being removed from changing rooms in some of Britain's biggest ...
BODY conscious women - and there are many - are often told to avoid stepping on the scales. But now mirror fasting is being suggested for those who struggle with body issues.
Why some shopping centres are removing mirrors from changing rooms  Cosmopolitan UK
Shopping centres in the UK set to ban mirrors from dressing rooms