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U.K. markets news

'Jail reckless bankers': Report urges the Government to introduce new criminal ...
Britain's banking bosses should face jail if their decisions force fresh bailouts, the Parliamentary Commission on Banking Standards says today.
BOE to Reveal UK Banks' Capital Holes in Transparency Test (1)  Businessweek
The good, the bad and the ugly choices on banking  BBC News
Irish Times   Related articles »  
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.
Bank of England votes 6-3 against increasing QE  BBC News
Mervyn King outvoted on economic stimulus at final MPC meeting  Financial Times
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China Billionaire Invests $1.6 Billion in London Land, Boats (2)
Dalian Wanda Group, the Chinese developer controlled by billionaire Wang Jianlin, is investing 1 billion pounds ($1.6 billion) in a British yachtmaker and a London site to build Western Europe's tallest residential tower.
China's Wanda in �700m London development  Financial Times
Analysis: Dalian Wanda Group ups the ante by buying One Nine Elms site  The Times (subscription)
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Vodafone set to trump Liberty with $10 billion cash bid for Kabel - sources
FRANKFURT/LONDON | Wed Jun 19, 2013 11:34am BST. FRANKFURT/LONDON (Reuters) - Vodafone is discussing a bid of about $10 billion (6.4 billion pounds) with Germany's No.
Gideon Spanier: Vodafone vs Liberty is part of wider battle as media converges  Evening Standard
Vodafone prepared to match Liberty's offer for Kabel  Proactive Investors UK
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FTSE retreats; Fed in focus
By Tricia Wright. LONDON | Wed Jun 19, 2013 9:47am BST. LONDON (Reuters) - The FTSE 100 fell on Wednesday with traders saying investors were shifting positions ahead of the conclusion of a U.S.
European Stocks Waver, Dollar Trades In Tight Range Ahead of FOMC  Wall Street Journal
Treasuries Are Little Changed Before Bernanke Speaks on Stimulus  Businessweek
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Neville Richardson resigns from non-executive role at M&S Bank
Mr Richardson, the former boss of Britannia Building Society who went on to run the combined �supermutual�, has stepped down as a non-executive director of M&S Bank, a joint venture between the retailer and HSBC Bank, and also of Countrywide, the ...
Former Co-op boss steps down from M&S role  Manchester Evening News
Former Co-op boss Neville Richardson steps down from M&S Bank and ...  Telegraph.co.uk
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JD Sports expects big loss from outdoor shops
Although its Blacks Leisure and Millets chains saw an increase in like-for-like sales over recent months, that had been achieved at a "significant margin sacrifice", JD Sports said on Tuesday.
JD Sports braces itself for big loss  Management Today
JD Sports warns of 'substantial' loss at Blacks and Millets  Evening Standard
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Prospects building for Crest Nicholson
339�p +1�. Questor says BUY. Since Crest Nicholson rejoined the London market in February, shares in the company are up more than 50pc.
Crest Nicholson sees boost from Help to Buy  Financial Times
Buoyant Crest downplays fears of house-price boom  Evening Standard
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Imagination lacking on smartphone changes
Imagination Technologies, the microchip maker that supplies the graphic technology in Apple's iPhone, booked an expected dip in full-year profits today as changes in the smartphone market hit its bottom line.
Broker snap: Imagination Tech is undervalued, says Peel Hunt  ShareCast
Profits fall at Imagination Technologies despite strong demand for iPad  Proactive Investors UK
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Berkeley Group Annual Profit Rises 33% as Prices Increase
Berkeley Group Holdings Plc (BKG), the U.K. homebuilder focused on London and southeast England, said annual profit rose 33 percent after it sold more homes at higher prices.
Housebuilder Berkeley's profit rises 26 pct  Reuters
Berkeley's profit rise an encouraging sign for the property market  The Times (subscription)
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