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U.K. markets news

PRA identifies �26bn bank funding gap
The top City regulator is poised to unveil the previously secret details of the capital holes it has identified at Britain's top eight banks, with Royal Bank of Scotland, Lloyds and Barclays set to account for more than 90 per cent of the total.
When will banking ever change?  BBC News
Bankers could face jail after report urges the Government to introduce new ...  The Independent
Reuters UK   Related articles »  
UPDATE 2-BT CEO Livingston steps down to join UK government
Wed Jun 19, 2013 11:59am EDT. * Analysts worry on strategy delivery. * Former telecom monopoly has recovered under Livingston. * CEO taking up government post to promote UK business.
BT Names New Chief Executive  Wall Street Journal
BT Group Chief Resigns to Join British Government  New York Times
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US Stocks Edge Lower, Telecom Shares Decline
NEW YORK--U.S. stocks were slightly lower midday as investors waited for the Federal Reserve's policy announcement. The Dow Jones Industrial Average slipped seven points, less than 0.1%, to 15311 in midday trading.
Wall St. flat as Fed statement, Bernanke remarks loom  Reuters
Dollar, Treasuries Fall as Stocks Fluctuate Before Fed  Bloomberg
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Bank of England ratesetters remain split over QE at Sir Mervyn King's final meeting
Sir Mervyn was outvoted for a fifth consecutive month on extending the Bank's �375bn quantitative easing (QE) programme, as members voted 6-3 against expanding asset purchases.
Mervyn King outvoted on economic stimulus at final MPC meeting  Financial Times
BOE's King Defeated in Final Stimulus Push  Wall Street Journal
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China's Dalian Wanda to Build Luxury Hotels Overseas
BEIJING�A year after targeting U.S. movie theaters, a Chinese property magnate is sketching out global plans for a new focus: Chinese tourists.
China's Wanda aims to launch $1 billion NY hotel project this year: chairman  Reuters
China's Dalian Wanda to buy UK yacht maker and hotel  BBC News
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Imagination Tech exec invests as company unveils annual results
Imagination Tech exec invests as company unveils annual results LONDON (SHARECAST) - Andrew Heath, a Non-Executive Director of chip designer Imagination Technologies invested nearly 60,000 pounds in the firm on Wednesday, the same day that the ...
UK chipmaker Imagination tries to allay fears after profits fall  Financial Times
Imagination Technologies' profit dips on licensing slowdown  Reuters
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UPDATE 1-Workers at Britain's Royal Mail vote against sell-off
Wed Jun 19, 2013 12:30pm EDT. By Neil Maidment. LONDON, June 19 (Reuters) - Royal Mail workers backed union opposition to plans to privatise the state-owned postal group on Wednesday, a stark reminder for potential investors that there will be no ...
96 per cent of Royal Mail staff vote 'no' to privatisation  Telegraph.co.uk
Fears of postal chaos as Royal Mail workers vote to stop handling ...  Daily Mail
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Berkeley profits jump 26% amid surge in London house prices
Berkeley has reported a 26 per cent jump in pre-tax profits as house prices surged in London and the southeast. The upmarket housebuilder sold 3,712 new homes in the year ended April 30, up from 3,565 a year earlier.
Berkeley profits from expensive London land  Telegraph.co.uk
Housebuilder Berkeley's profit rises 26 pct  Reuters
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Delays and high prices leave rail passengers dissatisfied
Passenger satisfaction on the railways is dipping, with value for money and how companies deal with delays being the biggest cause for complaint, according to a survey of thousands of train customers.
Passenger Focus says rail companies are 'failing to deliver basic ...  Daily Mail
Passenger satisfaction with trains plunges  Telegraph.co.uk
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Liberty Global enters bidding race for Kabel Deutschland
Liberty Global, the European cable group controlled by John Malone, has entered the bidding for Kabel Deutschland, with a potential offer that would top a price tabled by Vodafone last week and value Germany's largest cable operator at about �7.5bn.
Liberty Global in Talks to Buy German Cable Firm  Wall Street Journal
Vodafone faces bidding war for Kabel Deutschland as Liberty Global makes bid  Telegraph.co.uk
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