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U.K. markets news

Revival at Mothercare
Mothercare said its UK turnaround plan remains "on track" after it cut losses at its domestic business, despite falling sales.
Mothercare chief executive insists recovery on track despite fall in sales  The Guardian
Mothercare narrows losses but warns on dividend  Telegraph.co.uk
Financial Times   Related articles »  
Shares worldwide go on the slide
Nervous investors interrupted the global market rally last night, with major indices in Japan, the UK and across Europe turning negative in the face of economic concerns.
Stock markets lose nerve on fears of end to quantitative easing  The Guardian
Post-crisis stock market rally reaches new highs  Which?
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Royal Mail chief set for 500000 sterling bonus - Sky News
Fri May 24, 2013 12:58am BST. (Reuters) - The chief executive of Royal Mail, Moya Greene, who is responsible for leading a turnaround of the business, is set to receive an annual bonus worth nearly 500,000 pounds, as the company readies itself for a stock ...
Royal Mail CEO In Line For �500000 Bonus  Sky News
Royal Mail Privatisation - Do We Want This?  Huffington Post UK (blog)
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Flybe hits out at Gatwick over 'discrimination'
Flybe has hit out at the owners of Gatwick, claiming the airline's decision to sell 25 take-off and landing slots at the base to easyJet for �20m was due to the airport's "discriminatory" treatment of smaller airlines.
Flybe pulls out of Gatwick and sells slots to easyJet  The Sun
Comment: Flybe blame-game goes beyond Gatwick  Scotsman
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Occupational funds win EU rules reprieve
Occupational pension funds have won a reprieve from a European regulatory overhaul that they feared would have had disastrous consequences for scheme members in several countries as well as the companies that fund them.
EU kicks 'reckless' pension rules into long grass  Telegraph.co.uk
EU Spares Pension Funds From Tough Solvency Rules  Wall Street Journal
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Tesco bonus cuts: Profit fall dents rewards for supermarket workers
Tesco workers paid the price for the biggest profit slump in its history after their bonus pot was halved. The supermarket giant's 280,000 UK staff will share a payout worth �56million, down from �110m a year earlier, and worth a maximum of �1,625 per ...
�3m for Tesco's US ex-boss  The Independent
Tesco paid �3m to two outgoing directors  Financial Times
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Halfords boss warns the bike chain faces an uphill slog
He warned profits would fall for the next two years as he launched a stinging attack on the company's previous management. Boost: Victoria Pendleton and her Halfords bike.
Halfords cuts dividend to focus investment on revamping stores  Telegraph.co.uk
Halfords shares fall as it reduces its dividend  Financial Times
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Market Report: Investors rattled by overhaul at Pearson
New Pearson chief executive John Fallon looks to be on a mission to reshape the education giant in dramatic fashion, but the market did not seem convinced by his plans for a sweeping reorganisation.
Pearson to reorganise into six business divisions  Financial Times
Pearson folds FT into Chinese English schools business  Telegraph.co.uk
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United Utilities rides on tide of good news
United Utilities has reported a rise in its revenues and pre-tax profits - further buoying its shares after last week's bid for neighbouring water company Severn Trent pushed their price up 18 per cent.
Questor share tip: Hold United Utilities as the sector is buoyed by bid talk  Telegraph.co.uk
United Utilities Profit Climbs 8.7% on Higher U.K. Water Prices  Bloomberg
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Parkmead in �14.5m Lochard Energy deal
TOM Cross has made his biggest move yet in his attempt to build another major North Sea firm by agreeing the �14.5 million takeover of Lochard Energy by the Parkmead Group he runs.
Parkmead Group (The) PLC Offer for Lochard Energy Group plc  Wall Street Journal
North Sea oil explorer Parkmead buys rival Lochard Energy  BBC News
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