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U.K. markets news

Britain Weighs Breakup of RBS
LONDON�The British government is considering breaking up Royal Bank of Scotland Group PLC, the country's Treasury chief said Wednesday, a potentially radical move that underscores policy makers' mounting frustration with their inability to arrest a ...
George Osborne: economy is 'out of intensive care'  Telegraph.co.uk
Thursday Papers: Osborne weighs RBS 'bad bank'  Citywire.co.uk
New York Times   Related articles »  
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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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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Federal Reserve Eyes End of Bond Buying, Spooking Markets
In a news conference, Federal Reserve Chairman Ben Bernanke talks about current monetary policy and situations that would lead to a change in those policies.
Treasury Yields Touch 15-Month High After Fed: Asian Bonds Slide  Businessweek
Bernanke Sees Beginning of End for Fed's Record Easing  Bloomberg
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UK government makes strongest statement yet in favour of GM food
Britain should embrace the benefits of genetically modified crops and push other EU countries to drop their opposition to GM food, the environment secretary will say in a speech on Thursday.
GM farming 'would save countryside and cost less': Minister's ...  Daily Mail
Paterson to extol GM crops benefits  LoughboroughEcho.net
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Indian sets dubious record in UK
London, June 19: An Indian has earned the dubious distinction of being slapped with the biggest penalty ever imposed by Britain's Financial Conduct Authority (FCA) after he was being found guilty of lying and embezzling home owners.
Record fine for home finance trader  Guernsey Press and Star (subscription)
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Special report: The story of Sir Mervyn King's reign at the Bank
Sir Mervyn King has let it be known he will not be writing a "kiss and tell" memoir of self-justification as Governor of the Bank of England when he steps down at the end of the month.
King praises radical plan for state-owned lenders  Financial Times
Bank of England ratesetters remain split over QE at Sir Mervyn King's ...  Telegraph.co.uk
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Branson's Virgin Trains blame Network Rail's shabby station failures for ...
Sir Richard Branson's Virgin train company bosses today blamed shabby station failures by Network Rail for dragging down its customer satisfaction scores in a damning new report by rail watchdogs.
Passenger satisfaction with trains plunges  Telegraph.co.uk
Delays and high prices leave rail passengers dissatisfied  The Guardian
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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.
Mixed bag of results for JD Sports  The Independent
Blacks and Millets drag down JD Sports  Scotsman
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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.
Postmen threaten to boycott delivery of half your letters: Items handled by ...  Daily Mail
96 per cent of Royal Mail staff vote 'no' to privatisation  Telegraph.co.uk
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