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U.K. markets news

UK banks told to find further �13bn
The Bank of England's new banking regulator has demanded that Britain's banks find an additional �13bn of capital in addition to the balance sheet strengthening measures they were already planning this year.
Barclays says no need to issue equity to plug capital  Reuters UK
Barclays, Co-op, Nationwide, RBS and Lloyds responsible for higher-than ...  Telegraph.co.uk
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Shares slide after Bernanke hints at end to stimulus - live
If you missed Bernanke's press conference last night, I covered it in last night's liveblog, from around 7.30pm. There's also details of the Fed's monetary policy decision, and its new economic forecasts (it's more optimistic about the US labour markets) from 7pm ...
Asia Stocks Drop With Commodities on Fed, China; Bond Risk Rises  Businessweek
Asian markets react to Fed comments  BBC News
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BT boss Ian Livingston made a Lord so he can be unelected trade minister
A top businessman who threw his weight behind the Government's savage cuts is to be made an unelected minister and handed a peerage.
BT chief Ian Livingston quits to join Coalition Government  The Independent
BT chief Ian Livingston: 'I couldn't say no to Government job'  Telegraph.co.uk
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Osborne considers Ulster Bank move
The chancellor of the exchequer has raised the possibility of splitting the Ulster Bank into 'good and bad banks'. George Osborne has ordered a review into breaking up the bank's parent body, the RBS.
Public will be offered shares in Lloyds Bank, says George Osborne  The Independent
Osborne outlines Lloyds sale plans and weighs RBS bad bank  Citywire.co.uk
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China's Wanda aims to launch $1 billion NY hotel project this year: chairman
BEIJING | Wed Jun 19, 2013 6:56am EDT. BEIJING (Reuters) - Wanda Group, China's largest commercial real estate developer, aims to invest about $1 billion to build a five-star hotel in New York as its third major investment outside its home market, ...
China Billionaire Invests $1.6 Billion in London Land, Boats  Bloomberg
China's Wanda buys Sunseeker Yachts and invests in London skyscrapers in ...  Telegraph.co.uk
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More GM crops means more nature reserves, says Owen Paterson
The Environment secretary will say that using GM will make use of farm land and �free up space for biodiversity, nature and wilderness�.
Owen Paterson: UK must become global leader on GM crops  The Guardian
UK government makes strongest statement yet in favour of GM food  Financial Times
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Sir Mervyn King made life peer
Sir Mervyn King, the outgoing governor of the Bank of England who has spent more than two decades at Threadneedle Street, is to be made a life peer.
Britain's banks are still a danger to the real economy  Financial Times
Bank of England ratesetters remain split over QE at Sir Mervyn King's ...  Telegraph.co.uk
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Passenger satisfaction with trains plunges
A survey of 30,000 people by the watchdog group, Passenger Focus, showed the travelling public are increasingly frustrated by the lack of staff at stations, delays and squalid lavatories on trains.
Passenger Focus says rail companies are 'failing to deliver basic ...  Daily Mail
Delays and high prices leave rail passengers dissatisfied  The Guardian
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Royal Mail seeks injunction against workers' delivery boycott
Royal Mail has begun a court battle with the Communication Workers Union after thousands of postal workers voted to boycott deliveries of rivals' mail and to oppose privatisation.
96 per cent of Royal Mail staff vote 'no' to privatisation  Telegraph.co.uk
UPDATE 1-Workers at Britain's Royal Mail vote against sell-off  Reuters
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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 set for big outdoor loss  Aol Money
Mixed bag of results for JD Sports  The Independent
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