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U.K. markets news

UK watchdog details bank capital shortfalls
LONDON | Thu Jun 20, 2013 7:45am BST. LONDON (Reuters) - Lloyds Bank has a capital shortfall of 8.6 billion pounds, Britain's banking regulator said on Thursday, a day after the UK government signalled plans to return the part-state owned lender to the ...
UK banks told to find further �13bn  Financial Times
Barclays, Co-op, Nationwide, RBS and Lloyds responsible for higher-than ...  Telegraph.co.uk
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Share sell-off spreads after Fed comments
Thursday 08.00 BST. European stocks joined the heavy sell-off seen across Asia on Thursday which started overnight in the US and was triggered by the Federal Reserve's confirmation that it expects to start easing its asset purchases later this year.
Asian markets react to Fed comments  BBC News
Europe's Morning MoneyBeat: Fed Clarity Leaves Markets Reeling  Wall Street Journal (blog)
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Asia Stocks Drop With Europe Futures, Commodities on Fed, China
Asian shares headed for the biggest loss since September 2011 and European stock futures slumped on concern the Federal Reserve may phase out stimulus and as China's cash crunch worsened.
Pound Falls Third Day Versus Dollar as Bernanke Signals QE Exit  Bloomberg
Bernanke sees 2014 end for QE3  Financial Times
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Gavin Patterson to be appointed chief executive of BT Group
LONDON, June 19, 2013 /PRNewswire via COMTEX/ -- BT announces today that Gavin Patterson will succeed Ian Livingston as chief executive of BT Group plc.
BT chief Ian Livingston: 'I couldn't say no to Government job'  Telegraph.co.uk
BT Names New Chief Executive  Wall Street Journal
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Booming sales of tablet computers boost Dixons
Booming sales of tablet computers and the collapse of rival Comet helped boost underlying trading figures at Dixons, the European retailer, although it suffered a widening full-year, pre-tax loss of �115.3m owing to writedowns at its struggling Pixmania ...
Dixons year profit up 15 percent on strong UK  Reuters UK
Dixons Profit Rises as UK Gains Offset Southern Europe Losses  Bloomberg
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�1bn luxury yacht deal nets Brian Souter �100m
Sir Brian Souter made a healthy profit from his part in a consortium which bought and sold luxury yacht-maker Sunseeker. Picture: complimentary.
Wanda to launch $1b New York hotel project  Xinhua
China's Wanda aims to launch $1 billion NY hotel project this year: chairman  Reuters
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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�.
UK government makes strongest statement yet in favour of GM food  Financial Times
GM farming 'would save countryside and cost less': Minister's ...  Daily Mail
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FCA fines property agent record one million pounds
LONDON | Wed Jun 19, 2013 11:42am BST. LONDON (Reuters) - The Financial Conduct Authority (FCA) has fined a property agent nearly a million pounds for defrauding vulnerable people, the largest-ever fine for a sole trader in the consumer sector.
Indian-origin broker fined one million pounds in UK  India Today
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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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