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U.K. markets news

U.K. Inflation Slows More Than Economists Forecast to 2.4%
U.K. inflation slowed more than economists forecast in April to a seven-month low and producer prices rose the least since 2009 as fuel costs fell.
UK inflation rate falls to 2.4% in April  BBC News
Welcome present for new Bank of England Governor Mark Carney as inflation ...  Evening Standard
Citywire.co.uk   Related articles »  
Buckles bows out as G4S chief executive
Nick Buckles has quit unexpectedly from G4S after a difficult year that saw the chief executive survive calls for his departure after the mishandling of a high profile contract to provide security guards to the London 2012 Olympics.
Business news and markets: live  Telegraph.co.uk
Why Nick Buckles ran out of chances at G4S  The Guardian
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Apple tax row: Ireland says its tax regime is not to blame
Ireland's deputy prime minister Eamon Gilmore has insisted any loopholes in international tax rules exploited by Apple were not the fault of the Irish tax regime.
Ireland says not to blame for Apple's low tax rate  Reuters UK
Government denies facilitating Apple tax avoidance  Irish Times
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Miners, outsourcers keep FTSE at 12-year highs
By David Brett. LONDON | Tue May 21, 2013 11:56am BST. LONDON (Reuters) - Rallying miners and a contract win for outsourcing company Capita helped steady the FTSE 100 by midday on Tuesday despite weakness in travel firms after disappointing ...
Broker tips: Capita, Burberry, Carnival  ShareCast
Earnings in focus at FTSE's 12-year peak  Financial Times
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Vodafone to reinvest �2.1bn Verizon dividend
Vodafone is to plough a �2.1bn dividend from US telecoms group Verizon back into its business rather than offer shareholders a windfall, after the UK-based mobile operator reported its biggest annual fall in service revenues in five years.
Vodafone Reports First Full-Year Revenue Drop Since 2005  New York Times
'We pay our way': Vodafone rejects tax accusations  Evening Standard
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Investors are still on our side, says M&S, after another slide in profits
Marks & Spencer today mounted a vigorous defence of its strategy after its profits tumbled for the second consecutive year. The retail bellwether's bottom line has been hit by tumbling clothing sales, although it cheered investors by vowing to slash its capital ...
Marks & Spencer has made its promises - now the retailer must deliver  Telegraph.co.uk
Marks & Spencer profits fall again  The Guardian
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Burberry profits rise as Asian sales grow
UK fashion brand Burberry has reported a larger-than-expected rise in annual profits, helped by a strong performance in Asia. Pre-tax profits rose by a better-than-expected 14% to �428m ($652m).
Burberry bolstered by rising Chinese demand to push sales to �2bn  Financial Times
Burberry profits drop on exceptional charge  AFP
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Carnival in troubled waters again as it sounds the profit alarm
Shares in cruise ship giant Carnival were listing badly today as a desperate move to slash prices following a succession of PR catastrophes triggered a grim profit warning.
Carnival shares fall as cruise operator warns on profits  Financial Times
Carnival flounders after profit warning  CNNMoney
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Bank of Ireland frees 1200 mortgage holders from rate rise
The bank announced in February that 13,500 mortgage customers on tracker mortgages would see their rates increase from May 1, around half of whom have a buy-to-let mortgage.
Bank of Ireland U-turns on mortgage rate hike  FT Adviser
Bank of Ireland in partial retreat on mortgage rise  Financial Times
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Hounslow, Richmond and Hillingdon residents against Heathrow expansion
Residents in three London boroughs overwhelmingly say they are against Heathrow Airport expanding, according to council consultations.
EXCLUSIVE: 100000 neighbours say no to Heathrow airport expansion  Evening Standard
Local residents overwhelmingly opposed to Heathrow expansion, official poll ...  London24
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