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U.K. markets news

Bank of England Admits Secretly Researching the Financial Risks Associated ...
The Bank of England has confirmed that it has been studying the possible financial risks that the UK may face if it decides to exit the European Union (EU).
Bank of England email blunder sees secret details of EU exit plan sent to ...  Mirror.co.uk
Bank of England unwittingly reveals top secret taskforce looking into ' ...  Daily Mail
Wall Street Journal (blog)  
Alison Brittain becomes just sixth female FTSE 100 boss – and that's a record
Whitbread has poached a top banker to become its head barista as it picked Lloyds' head of retail, Alison Brittain, to succeed Andy Harrison as chief executive of the Costa Coffee to Premier Inns group.
Whitbread to go for female chief executive  Scotsman
Brittain boosts women bosses  Express.co.uk
Boost for Osborne ahead of July budget
Chancellor George Osborne yesterday received a boost ahead of his emergency summer budget as official figures showed a better-than-expected improvement in the UK's public finances.
Boost for public coffers as emergency Budget nears  Scotsman
UK public finances improve in boost for Chancellor Osborne  Times of Malta
Rate hike appropriate this yr if economy improves: Yellen
The central banker, who delivered a speech to the Greater Providence Chamber of Commerce, said that the pace of increases will be gradual, and that it will take several years for rates to normalize.
Yellen says Fed on course for 2015 rate rise  Philly.com
Treasuries Head for Monthly Loss as Yellen Readies Rate Increase  Bloomberg
Johnson & Johnson and Reckitt Benckiser K-Y Jelly deal in tight spot with CMA
The Competition and Markets Authority (CMA) has expressed its concern over the potential purchase of the K-Y Jelly brand by Reckitt Benckiser (RB) from Johnson & Johnson, saying that the price of sexual lubricant could slip to new highs.
Durex owner Reckitt's K-Y deal falters after regulation questions  Express.co.uk
Watchdog threatens to scupper KY Jelly deal  The Times (subscription)
Tobacco Corporations Take Legal Action Against British Plain Packaging Law
New British law demands that starting from May 2016 cigarettes be sold in plain packages only. These will not be displaying anything else than the gruesome health warnings of smoking and the name of the brand of the cigarettes written in small plain letters ...
Tobacco giants sue Britain over plain packaging law  The Times (subscription)
Cigarette Packages Must Admit Addictive Intent, Not Deception  Bloomberg
Shares in Vodafone go "bananas" - hitting a 14-year high
Vodafone led the FTSE 100 higher yesterday after Citigroup and Deutsche Bank upgraded the telecoms giant on the back of a potential merger with Liberty Global.
Vodafone tops risers board again  Herald Scotland
Sector movers: Mining shares, Vodafone chatter edge FTSE 100 towards record ...  Yahoo Finance UK
Nationwide chief says bank branches are not dead yet as he oversees record ...
Reports of the death of the bank branch have been greatly exaggerated, the boss of the Nationwide declared yesterday. Graham Beale said Britain's biggest building society will invest �500m in improving its 700 branches over the next five years, bucking the ...
Beale to leave Nationwide Building Society after nine years at helm  The Independent
Nationwide Chief Steps Down On A High  Sky News
Shale gas explorer asks for licence in Yorkshire
A Barclays-owned gas producer has become the second company to apply to frack for shale gas in North Yorkshire. Third Energy submitted an application to North Yorkshire county council yesterday to hydraulically stimulate gas in a shale formation in an ...
Fracking proposals submitted in North Yorkshire  ITV News
UK fracking firm applies for licence in North Yorkshire  The Guardian
Bank of Scotland to close 13 branches this year
Bank of Scotland announced that it will be closing over a dozen branches across Scotland this year. By the 18th of September a total of 13 branches will be shut in Glasgow, Edinburgh, Aberdeen, and Paisley.
Natwest and RBS to open 65 branches on Bank Holiday Monday but just ONE in ...  WalesOnline
Bank of Scotland to close 13 branches  BBC News