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U.K. markets news

US shares recover, but dollar extends losses
By Ryan Vlastelica. NEW YORK | Thu May 23, 2013 5:58pm BST. NEW YORK (Reuters) - U.S. stocks and bonds were little changed on Thursday, with equities rebounding from what traders considered an excessive drop on Wednesday, though concerns ...
Bernanke's sneeze and Tokyo's cold  Financial Times
Column: The many interpretations of Ben Bernanke  Reuters
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Mothercare chief executive insists recovery on track despite fall in sales
Mothercare is crawling towards a recovery as chief executive Simon Calver insisted the UK company was on target to break even within two years.
Mothercare narrows losses but warns on dividend  Telegraph.co.uk
Store closures help Mothercare trim losses  Financial Times
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Market bulls run into the sand
Global investors grew skittish on Thursday as concerns about reduced central bank easing and slower growth in China rattled Japan and other markets that have registered large gains this year on the back of loose monetary policies.
European stock markets post heavy losses after Nikkei plunges 7% - as it ...  The Guardian
US Stocks Temper Global Market Rout  Wall Street Journal
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Flybe boss hits out at 'punitive' charges as airline quits Gatwick
The boss of Flybe has hit out at "punitive" charges and taxes that have pushed the troubled regional airline to end flights in and out of London from next March.
Concerns over Flybe's Gatwick slots sell-off to Easyjet  BBC News
EasyJet to buy Gatwick slots from Flybe  Financial Times
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UK GDP: concerns about underlying economy as 0.3pc growth confirmed
The updated figures from the Office for National Statistics showed that the UK's dominant services sector, which accounts for three quarters of national output, drove the recovery - growing 0.6pc over the three months.
British economy returns to growth in first quarter  Economic Times
UK Households Not Loosening Purse Strings  Wall Street Journal
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Pearson folds FT into Chinese English schools business
The newspaper will become part of a new �Professional� unit in a yet-to-be-decided structure that mean will FT Group ceases to exist as a separate business.
Pearson overhauls business structure to target growth markets  Reuters
Pearson switches Financial Times into new business division  The Guardian
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Daily Mail owner looks to B2B publishing for growth
Pre-tax profits were �97m in the six months to the end of March, compared with �37m last year. Total turnover was flat year-on-year at �866m.
DMGT enjoys lift from MailOnline  Financial Times
Daily Mail continues to shift focus  Investors Chronicle
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Paying off NIMBYs
ONSHORE wind, the cheapest form of renewable energy, attracts many enthusiasts. Those who live close to planned wind farms are rarely among them.
Climate committee urges UK commitment to green power until 2030  Financial Times
Switch to low-carbon future would save households �1600  The Independent
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FCA fines JPMorgan �3m over failings in wealth arm
The new regulator said the unit was unable to show it was giving clients the right advice. "Although no detriment to customers has been identified to date, the failings exposed customers to the risk that they would be given incorrect advice and inappropriate ...
Little Fine for JP Morgan, Big Fish for UK Watchdog  Wall Street Journal (blog)
JP Morgan fined �3m for advice failings  BBC News
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Tesco paid �3m to two outgoing directors
Tesco revealed that it paid �3m to two outgoing directors as executives lost out on their bonuses after the worst slump in profits in the company's history.
No Bonus for Tesco Bosses Until Profit Improves  Wall Street Journal
Tesco checkout staff see bonus pot halved as profits slump  The Independent
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