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U.K. markets news

George Osborne renews backing for more banking competition
George Osborne renewed his commitment to promote more competition in retail banking on Wednesday and asked the UK's antitrust regulator to assess what effect mandatory branch sales by Lloyds and Royal Bank of Scotland will have on the market.
UPDATE 2-Britain to look at RBS split, start Lloyds sale soon  Reuters
Britain to look at RBS split, start Lloyds sale soon  Reuters India
BBC News   Related articles »  
King Leaves Unfinished Business for Carney to Repair UK Banks
Bank of England Governor Mervyn King said his successor and the U.K. banking industry have �unfinished business� to do in reforming the financial system and reviving the U.K.
Sir Mervyn King to be made a peer for public service  The Independent
Britain's banks are still a danger to the real economy  Financial Times
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BT rocked Ian as Livingston is called to office
Telecoms giant BT unveiled a change at the top yesterday as chief executive Ian Livingston revealed he is to become a government minister.
BT chief Ian Livingston quits to become trade minister  Telegraph.co.uk
Ian Livingston hangs up at BT to become trade minister  This is Money
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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.
Nikkei expected to edge down on Fed's stimulus signals  Reuters
Bernanke's Forward Guidance Is Transparent as Mud  Bloomberg
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GM farming 'would save countryside and cost less': Minister's controversial claim
Britain should lead the way in producing genetically modified food because it would lower prices and free up the countryside, Owen Paterson will argue today.
UK government makes strongest statement yet in favour of GM food  Financial Times
Environment Secretary urges UK to adopt use of GM crop technology  The Independent
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�1bn Chinese luxury yacht swoop nets Souter �100m
Sir Brian Souter made a healthy profit from his part in a consortium which bought and sold luxury yacht-maker Sunseeker. Picture: complimentary.
Chinese billionaire buys 007's yacht maker  CNNMoney
China's Wanda aims to launch $1 billion NY hotel project this year: chairman  Reuters
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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 seeks injunction against workers' delivery boycott
Royal Mail has begun a court battle with the Communication Workers Union after thousands of postal workers voted to boycott deliveries of rivals' mail and to oppose privatisation.
96 per cent of Royal Mail staff vote 'no' to privatisation  Telegraph.co.uk
UPDATE 1-Workers at Britain's Royal Mail vote against sell-off  Reuters
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Ryanair and Easyjet: The history of the peanut airlines
If you had to think of an airline which would spare no expense to make its passengers happy, Ryanair might not be the first that came to mind.
Ryanair: still 'the world's favourite airline'  Telegraph.co.uk
Pick of the Day: Flights And Fights - Inside The Low Cost Airlines  Express.co.uk
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Branson's Virgin Trains blame Network Rail's shabby station failures for ...
Sir Richard Branson's Virgin train company bosses today blamed shabby station failures by Network Rail for dragging down its customer satisfaction scores in a damning new report by rail watchdogs.
Passenger satisfaction with trains plunges  Telegraph.co.uk
Delays and high prices leave rail passengers dissatisfied  The Guardian
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