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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
Telegraph.co.uk   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.
Mervyn King outvoted on economic stimulus at final MPC meeting  Financial Times
King Eyes Parting Shot at Bankers Gearing Up for Carney  Bloomberg
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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
China's Wanda buys Sunseeker Yachts and invests in London skyscrapers in ...  Telegraph.co.uk
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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 warns of 'substantial' loss at Blacks and Millets  Evening Standard
JD like-for-likes jump in UK and Ireland but profit margins fall at Blacks ...  Retail Week
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Berkeley's profit rise an encouraging sign for the property market
Berkeley has added to signs that the property market is picking up with stronger than expected results. The London-focused developer today announced a 26 per cent rise in full-year pre-tax profit and said that its ten-year plan to return �1.7 billion to ...
Berkeley Group Annual Profit Rises 33% as Prices Increase  Bloomberg
Housebuilder Berkeley's profit rises 26 pct  Reuters
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East Ham named identity fraud hotspot
People living in London's East Ham are more likely to be the victims of identity fraud than anyone else in the UK, figures suggest.
Altrincham is Britain's ID's fraud capital  The Times (subscription)
The identity fraud map of Britain: London and Altrincham the worst hit by ...  This is Money
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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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Councillors back Beatrice offshore wind-farm proposals
LOCAL planners have approved plans to to build up to 277 wind turbines in an area of sea off the Caithness coast more than twice the size of Dundee.
Highland Council to decide on Moray Firth wind farm  Scotsman
Ross ports could reap benefits as �3bn offshore wind scheme moves forward  Ross-Shire Journal
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Santander intermediary head appointed Bank COO
Money Management is the professional's independent adviser, winning 50 awards over the years. It contains the renowned Money Management fund statistics, unique surveys and much, much more.
Carney's first hire: Charlotte Hogg makes history as BoE's first COO  This is Money
The �1m pay cut: City high-flier leaves Santander for Bank of England post  The Independent
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