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U.K. markets news

Apple chief faces harsh questions on tax
Tim Cook, Apple chief executive, faced harsh questioning on the US technology group's tax strategies after congressional investigators revealed that the company avoided paying billions of dollars in levies around the world by exploiting loopholes and ...
Ireland rejects blame for Apple's low tax rate  Reuters UK
Ireland Defends Attractive Tax Rates  New York Times
Irish Times   Related articles »  
UK inflation: sharp fall eases household squeeze
Sterling tumbled almost a cent against the dollar, down 0.7pc to $1.5145, as traders said falling inflation raised the prospect of more stimulus when Mark Carney takes over as Bank of England Governor in July.
U.K. Inflation Slows More Than Economists Forecast to 2.4%  Bloomberg
Some good economic news: Inflation drop is bigger than expected  The Independent
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Business news and markets: live
... Off. � Apple chief exec to be grilled by US politicians on tax � McCain: Apple tax gives new meaning to 'think different' � UK inflation falls further than expected to 2.4pc � G4S chief executive Nick Buckles steps down � Marks & Spencer profits fall after clothing ...
Buckles departure ends colourful period for G4S  Financial Times
G4S chief quits after series of embarrassments  Reuters UK
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Earnings in focus at FTSE's 12-year peak
It's back to basics on the FTSE 100 this morning, with the biggest movers at both ends of a steady index tracking changes to their earnings guidance.
Miners, outsourcers keep FTSE at 12-year highs  Reuters UK
FTSE pulls back after reaching 12-year high  Citywire.co.uk
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Sector movers: Burberry lifts personal goods sector after record results
Sector movers: Burberry lifts personal goods sector after record results LONDON (SHARECAST) - Burberry was trading at 12-month highs on Tuesday after beating expectations with its 2012/13 results, lifting the personal goods sector to the top of the pile.
Strong demand in China helps boost Burberry sales to �2bn  Financial Times
Burberry Profit Exceeds Expectations as Sales Surge in Asia  Bloomberg
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Vodafone's Verizon dilemma
May.21 - Vodafone's posted the largest ever fall in its main revenue measure, forcing it to keep a dividend from Verizon, its healthy U.S.
Vodafone to reinvest �2.1bn Verizon dividend  Financial Times
For Vodafone, Fat Dividend From Verizon Wireless Dulls Pain But Raises Pressure  Forbes
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Bank of Ireland reverses mortgage rate increase for 1200 borrowers
Bank of Ireland has written to 1,200 borrowers threatened with an increase in their mortgage rate to advise them they will not face the change after all, following a review of customer complaints.
Bank of Ireland frees 1200 mortgage holders from rate rise  Telegraph.co.uk
Bank of Ireland in partial retreat on mortgage rise  Financial Times
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CWU union claims O2 call centre workers 'betrayed'
The Communication Workers Union (CWU) has accused mobile phone firm O2 of betraying hundreds of call centre workers in Glasgow and elsewhere in the UK.
O2 set to clash with unions over transfer of 2000 staff to Capita  Telegraph.co.uk
Outsourcing transfer 'rumour' O2 brushed off? It's happening ...  Register
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EXCLUSIVE: 100000 Heathrow neighbours say 'no' to third runway or increase ...
Londoners living closest to Heathrow have voted overwhelmingly against expansion of the airport in the largest poll of its kind. More than 100,000 people said they opposed a third runway or an increase in flights in referendums run by Richmond and ...
West London Residents Oppose Heathrow Expansion in Vote  Bloomberg
NECC backs plans for third runway at Heathrow  bdaily
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Homeserve starting to mend
Homeserve's (HSV) shares jumped 10 per cent on the back of these full-year figures after the domestic repairs insurer showed signs of recovering from the damage caused by a Financial Services Authority (now the Financial Conduct Authority) investigation ...
Homeserve allows �6m for mis-selling fine  The Times (subscription)
Homeserve set for fine  Evening Standard
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