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U.K. markets news

UPDATE 2-Britain to look at RBS split, start Lloyds sale soon
Wed Jun 19, 2013 6:48pm EDT. By Matt Scuffham and David Milliken. LONDON, June 19 (Reuters) - Britain is ready to start selling its shares in Lloyds Banking Group and will examine whether to break up Royal Bank of Scotland, Finance Minister George ...
George Osborne renews backing for more banking competition  Financial Times
Lloyds Bank to return to private hands  BBC News
Reuters UK   Related articles »  
ALEX BRUMMER: Sir Mervyn King heads back to the stands with warning ...
Sir Mervyn King's long goodbye came to a climax in the splendour of Mansion House on Wednesday night. The evening was a subdued affair, accompanied by the now familiar sporting analogies 'a game of two halves' and not a hint of a mea culpa.
Bank governor to be made Lord King  BBC News
Britain's banks are still a danger to the real economy  Financial Times
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Ian Livingston hangs up at BT to become trade minister
More than �400million was wiped off BT's market value on Wednesday after the company was rocked by the surprise departure of transformational chief executive Ian Livingston.
BT chief Ian Livingston quits to become trade minister  Telegraph.co.uk
BT power shift comes at pivotal point  Financial Times
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UK government makes strongest statement yet in favour of GM food
Britain should embrace the benefits of genetically modified crops and push other EU countries to drop their opposition to GM food, the environment secretary will say in a speech on Thursday.
Environment Secretary urges UK to adopt use of GM crop technology  The Independent
Paterson calls for fresh talks over the risks of GM crops  This is Cornwall
Bernanke sees 2014 end for QE3
The end is in sight for US Federal Reserve easing that has dominated financial markets for half a decade after it set out an optimistic economic outlook that would lead to the end of asset purchases in mid-2014.
WRAPUP 6-Bernanke says Fed likely to reduce bond buying this year  Reuters
Bernanke Says Fed on Course to End Asset Buying in 2014  Businessweek
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China Billionaire Invests $1.6 Billion in London Land, Boats
Katharina Hesse/laif/Redux. Wang Jianlin, CEO of Wanda group, at his office in Beijing. 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 ...
China's Wanda aims to launch $1 billion NY hotel project this year: chairman  Reuters
�1bn Chinese luxury yacht swoop nets Souter �100m  Scotsman (blog)
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Margate residents appeal against giant new Tesco
Angry residents of Margate have appealed to the High Court against the Government's decision to build a giant Tesco store on the seafront.
Angry Portas demands high street summit with Cameron  Telegraph.co.uk
Queen of Shops Mary Portas accuses Government of 'paying lip service' ...  Daily Mail
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Royal Mail workers vote to boycott handling competitors' mail
Government plans to privatise the Royal Mail could be hit after a boycott by thousands of postal workers moved a step closer today.
UPDATE 1-Workers at Britain's Royal Mail vote against sell-off  Reuters
96 per cent of Royal Mail staff vote 'no' to privatisation  Telegraph.co.uk
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Passenger Focus says rail companies are 'failing to deliver basic promises'
Passenger satisfaction with Britain's crowded, late-running and over-priced railway network has plummeted to the lowest level in six years, a damning new survey by official watchdogs reveals today.
Passenger satisfaction with trains plunges  Telegraph.co.uk
Delays and high prices leave rail passengers dissatisfied  The Guardian
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Imagination Technologies is looking for Chinese to chip in after annual profits fall
Chip designer Imagination Technologies will tap Chinese companies for new custom after posting a fall in profits last year. The UK company, whose technology is used in Apple's iPhone and Samsung's Galaxy smartphones, saw profits halve after taking a ...
Imagination Technologies profits dip on chip licensing delays  Telegraph.co.uk
Imagination lacking on smartphone changes  Evening Standard
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