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U.K. markets news

Britain to start sale of Lloyds soon, review RBS split
By Matt Scuffham and David Milliken. LONDON | Thu Jun 20, 2013 2:36am BST. LONDON (Reuters) - Britain is ready to start selling its shares in Lloyds Banking Group and will examine whether to break up Royal Bank of Scotland, Chancellor George ...
Britain Weighs Breakup of RBS  Wall Street Journal
Britain Prepares to Sell Its Stake in Lloyds and Weighs a Breakup of RBS  New York Times
The Independent   Related articles »  
BT chief Ian Livingston quits to join Coalition Government
Ian Livingston has been lured from helm of BT to become David Cameron's Trade minister, banging the drum for UK exports and inward investment.
BT rocked Ian as Livingston is called to office  Scotsman
BT chief Ian Livingston: 'I couldn't say no to Government job'  Telegraph.co.uk
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Federal Reserve Eyes End of Bond Buying, Spooking Markets
In introductory remarks, Federal Reserve Chariman Ben Bernanke said the Fed is reviewing its exit-strategy principles set out in June 2011.
Asia Stocks Slip on Fed Tapering as Gold to Ringgit Fall  Bloomberg
Bernanke sees 2014 end for QE3  Financial Times
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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 Dalian Wanda to Build Luxury Hotels Overseas  Wall Street Journal
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GM farming 'would save countryside and cost less': Minister's controversial claim
Britain should lead the way in producing genetically modified food because it would lower prices and free up the countryside, Owen Paterson will argue today.
UK government makes strongest statement yet in favour of GM food  Financial Times
Environment Secretary urges UK to adopt use of GM crop technology  The Independent
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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 Leaves Unfinished Business for Carney to Repair UK Banks  Bloomberg
Bank governor to be made Lord King  BBC News
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FCA fines rogue property trader nearly �1m
The operator of a property scheme who misled vulnerable customers to make money from the sale of their homes has been fined almost �1m by the City regulator and banned from working in the financial services industry.
UPDATE 1-UK watchdog fines property agent record one million pounds  Reuters
'Financial expert' who pocketed �700000 by lying to vulnerable ...  This is Money
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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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Mixed bag of results for JD Sports
While sales of trainers and tracksuits at JD Sports are sprinting along, the group's camping and other clothing stores have not quite broken out into a jog so far this year.
JD Sports expects big loss from outdoor shops  Telegraph.co.uk
Losses stack up for JD Sports' outdoor stores  CITY A.M.
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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 fury at late - running trains hits six year high as rail companies ...  Daily Mail
Delays and high prices leave rail passengers dissatisfied  The Guardian
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