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U.K. markets news

Britain to start sale of Lloyds soon, review RBS split
By Matt Scuffham and David Milliken. LONDON | Wed Jun 19, 2013 10:10pm BST. LONDON (Reuters) - Britain is ready to start selling its shares in Lloyds Banking Group and will examine whether to break up Royal Bank of Scotland, Chancellor George ...
Lloyds privatisation is 'active', says George Osborne  Telegraph.co.uk
Osborne hints at Ulster Bank sell-off in break-up of RBS  BBC News
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BT power shift comes at pivotal point
The first thing that BT retail boss Gavin Patterson did on Wednesday morning was check the new season football fixtures to consider which games to pick for the telecoms group's new sports channels being launched next month.
Ian Livingston answers coalition's call to make case for trade and ...  The Times (subscription)
BT chief Ian Livingston: 'I couldn't say no to Government job'  Telegraph.co.uk
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Bank governor to be made Lord King
Chancellor George Osborne confirmed the news in his Mansion House speech on Wednesday night, as Sir Mervyn prepared for his final speech at the event.
Bank of England's King makes last call for more stimulus, bank reform  Reuters UK
Britain's banks are still a danger to the real economy  Financial Times
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Bernanke sees 2014 end for QE3
Ben Bernanke, Federal Reserve chairman, offered the firmest timeline yet for tapering US central bank asset purchases, saying that the central bank's $85bn monthly programme could be slowed this year and end altogether around the middle of next year.
Global stocks, bonds drop as Fed points to reduced bond buying  Reuters UK
WRAPUP 5-Bernanke says Fed likely to reduce stimulus this year  Reuters
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China's Wanda aims to launch $1 billion NY hotel project this year: chairman
BEIJING | Wed Jun 19, 2013 6:56am EDT. BEIJING (Reuters) - Wanda Group, China's largest commercial real estate developer, aims to invest about $1 billion to build a five-star hotel in New York as its third major investment outside its home market, ...
China's Dalian Wanda to buy UK yacht maker and hotel  BBC News
China's Dalian Wanda to Build Luxury Hotels Overseas  Wall Street Journal
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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.
96 per cent of Royal Mail staff vote 'no' to privatisation  Telegraph.co.uk
Workers at Royal Mail vote against sell-off  Reuters UK
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FTSE slips as BoE highlights QE conundrum
By David Brett. LONDON | Wed Jun 19, 2013 7:19pm BST. LONDON (Reuters) - UK equities closed slightly lower on Wednesday as investors awaited clarity from the U.S.
FTSE ends lower before Fed decision  AFP
UPDATE 1-UK Stocks-Factors to watch on Wednesday June 19  Reuters
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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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Imagination Technologies profits dip on chip licensing delays
Pre-tax profit was �12.2m compared to �28.5m the previous year. The dip was expected following a warning last month. Imagination said the microchip makers who license its designs had put deals on hold while some shift their focus away from the fierce ...
Imagination Technologies' profit dips on licensing slowdown  Reuters
UK chipmaker Imagination tries to allay fears after profits fall  Financial Times
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Payday loan ad banned for '�1000 night out' offer
The Advertising Standards Authority has banned a payday lender for sending text messages that encouraged people to borrow �1,000 for a night out.
Payday lender banned from sending 'irresponsible' spam texts  The Independent
ASA bans �irresponsible� payday lender text ads  Credit Today
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