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U.K. markets news

UK regulator identifies �26bn bank capital deficits
The top City regulator is poised to unveil the secret details of the capital holes it has identified at Britain's top eight banks, with Royal Bank of Scotland, Lloyds Banking Group and Barclays set to account for more than 90 per cent of the total.
RBS, Lloyds and Barclays 'make up 90pc of �25bn black hole'  Telegraph.co.uk
RBS, Lloyds Account for GBP20B of GBP25B UK Bank Capital Hole End-2012  Wall Street Journal
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BT chief Ian Livingston: 'I couldn't say no to Government job'
When Ian Livingston delivered BT's annual results, he had no idea that within six weeks he would be announcing his departure to take over from Lord Green as trade and investment minister.
BT Names New Chief Executive  Wall Street Journal
UPDATE 2-BT CEO Livingston steps down to join UK government  Reuters
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China Billionaire Invests $1.6 Billion in London Land, Boats
Dalian Wanda Group (DLWGCZ), the Chinese developer controlled by billionaire Wang Jianlin, is investing 1 billion pounds ($1.6 billion) in a British yachtmaker and a London site to build Western Europe's tallest residential tower.
China's Dalian Wanda to Build Luxury Hotels Overseas  Wall Street Journal
China's Wanda aims to launch $1 billion NY hotel project this year: chairman  Reuters
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Bank of England ratesetters remain split over QE at Sir Mervyn King's final meeting
Sir Mervyn was outvoted for a fifth consecutive month on extending the Bank's �375bn quantitative easing (QE) programme, as members voted 6-3 against expanding asset purchases.
BOE's King Defeated in Final Stimulus Push  Wall Street Journal
Mervyn King outvoted on economic stimulus at final MPC meeting  Financial Times
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IMF Warns of Irish Austerity Fatigue as Bailout Exit Looms
Ireland's government should stick to planned budget cuts as the nation heads for the bailout exit door, the International Monetary Fund said, warning of growing weariness with austerity across the economy.
IMF warns Spain against slowing reform efforts  Financial Times
IMF: Spain making strong progress but jobs boost needed  BBC News
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UPDATE 1-Workers at Britain's Royal Mail vote against sell-off
Wed Jun 19, 2013 12:30pm EDT. By Neil Maidment. LONDON, June 19 (Reuters) - Royal Mail workers backed union opposition to plans to privatise the state-owned postal group on Wednesday, a stark reminder for potential investors that there will be no ...
96 per cent of Royal Mail staff vote 'no' to privatisation  Telegraph.co.uk
Fears of postal chaos as Royal Mail workers vote to stop handling ...  Daily Mail
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Imagination Technologies' profit dips on licensing slowdown
By Paul Sandle. LONDON | Wed Jun 19, 2013 7:40am EDT. LONDON (Reuters) - Imagination Technologies, the British chip designer whose graphics technology is in smartphones from Apple and Samsung, reported lower full-year profits as licensing slows.
UK chipmaker Imagination tries to allay fears after profits fall  Financial Times
Imagination Technologies profits dip on chip licensing delays  Telegraph.co.uk
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Berkeley profits jump 26% amid surge in London house prices
Berkeley has reported a 26 per cent jump in pre-tax profits as house prices surged in London and the southeast. The upmarket housebuilder sold 3,712 new homes in the year ended April 30, up from 3,565 a year earlier.
Berkeley profits from expensive London land  Telegraph.co.uk
Housebuilder Berkeley's profit rises 26 pct  Reuters
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Vodafone may trump Liberty with $10 billion cash bid for Kabel - sources
FRANKFURT/LONDON | Wed Jun 19, 2013 4:03pm BST. FRANKFURT/LONDON (Reuters) - Vodafone (VOD.L) is discussing a 7.6 billion euros (6 billion pounds) cash bid with Germany's No.
Liberty Global enters bidding race for Kabel Deutschland  Financial Times
John Malone Pushes Vodafone's Buttons  Wall Street Journal
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Delays and high prices leave rail passengers dissatisfied
Passenger satisfaction on the railways is dipping, with value for money and how companies deal with delays being the biggest cause for complaint, according to a survey of thousands of train customers.
Passenger Focus says rail companies are 'failing to deliver basic ...  Daily Mail
Passenger satisfaction with trains plunges  Telegraph.co.uk
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