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U.K. markets news

Marks and Spencer announces fall in profits
Marks & Spencer's annual profits fell to their lowest level in four years today after clothing sales slumped. Underlying pre-tax profits for 2012/13 were �665.2 million, a fall of 6% on a year earlier and well below City forecasts for �710 million at the beginning of ...
Marks & Spencer profits fall again  The Guardian
Marks and Spencer profits drop 14% on weak clothing sales  Financial Times
Telegraph.co.uk   Related articles »  
Business news and markets: live
... Off. � G4S chief executive Nick Buckles steps down � Marks & Spencer profits fall after clothing struggles � Burberry pre-tax profits up 14pc to �427.8m � Vodafone pre-tax profit fell 65.9pc � Political attacks on tax avoidance could damage Britain � Apple 'tried ...
G4S boss Nick Buckles quits  The Guardian
Buckles bows out from G4S  Financial Times
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Vodafone hit by turmoil in Europe as sales fall
Mobile giant Vodafone's full-year sales have slipped for the first time in eight years after tough economic conditions in Europe hit revenues.
Vodafone profits collapse as company denies shareholders Verizon dividend  Telegraph.co.uk
Vodafone sales fizzle, no bonus VZW dividend  ShareCast
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Yahoo! CEO Marissa Mayer courts controversy by saying that porn sites can stay ...
Yahoo! CEO Marissa Mayer said that the company does not 'intend' to take down any of the porn-heavy sites that are run on Tumblr after the tech giant acquired the blogging platform for $1.1billion.
Yahoo's rise in Asia offsets risk from Tumblr bet  Reuters
James Moore: Yahoo CEO Marissa Mayer risks failure as she tries to buy her ...  The Independent
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How Local Business Week highlighted issues affecting SMEs
Local Business Week (LBW) drew to a close on Sunday, leaving in its wake several interesting points to consider about the future of the British high street and its thousands of butchers, bakers, candlestick makers - and countless other small businesses.
Cyber crime 'costs small companies �800m a year'  Telegraph.co.uk
Small firms lose up to �800 million to cyber crime - Fresh Business Thinking  Fresh Business Thinking
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Apple 'tried to find Holy Grail of tax avoidance'
The committee, which is made up of senior politicians, on Monday argued that Apple's complex structure includes three Irish-based subsidiaries that appear not be a tax resident anywhere in the world.
Apple's Web of Tax Shelters Saved It Billions, Panel Finds  New York Times
US Senate Committee accuses Ireland of being a tax haven for Apple  RTE.ie
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Capita upgrades organic growth forecast for 2013
Tue May 21, 2013 3:00am EDT. LONDON May 21 (Reuters) - British outsourcing firm Capita upgraded its organic growth forecast for 2013 after announcing one of the biggest contract wins in its history, a ten-year deal worth around 1.2 billion pounds ($1.83 ...
Capita scores O2 contract and ups growth guidance for full year  ShareCast
O2 set to clash with unions over transfer of 2000 staff to Capita  Telegraph.co.uk
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Burberry Lifted by China Performance
LONDON�Burberry Group PLC Tuesday showed further signs of recovery following a shock midyear profit warning, as it reported a rise in full-year revenue and bucked a wider trend in the luxury industry that has seen some of its competitors lose steam in ...
Burberry Profit Exceeds Expectations as Sales Surge in Asia  Bloomberg
Asia Pacific helps Burberry deliver record figures  ShareCast
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Hounslow residents vote against Heathrow expansion
Hounslow residents have said they are against Heathrow Airport expanding in overwhelming numbers, according to council consultation.
Birmingham Airport proposes five-point plan to boost capacity  The Business Desk (registration)
Heathrow owner says third runway is 'only real solution'  Travel Weekly UK
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Ryanair seeks more growth amid flag carrier cuts as profit soars
Ryanair is aiming to achieve further growth at the expense of European flag carriers in the next five years, as it announced a 16 per cent increase in underlying operating profit for 2012-13.
Ryanair Targets Northern Europe  Wall Street Journal
'Modest' Ryanair profits soar  Yorkshire Post
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