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U.K. markets news

Co-operative members back radical shakeup to 'rebuild business'
It was a black hole in Co-Operative Bank finances that dragged down the retail group, leading to the special meeting in Manchester.
Good news for the Co-op as reforms are given the go-ahead
Now replace me, says Co-op chief Ursula Lidbetter after members back reforms ...  This is Money
The Times (subscription)   Related articles »  
Key Tesco investor cuts stake
One of Tesco's largest and most loyal shareholders, Harris Associates, has sold nearly two thirds of its stake amid mounting concerns that Britain's biggest retailer has become �too risky�.
Prices, premises, people � Tesco's new boss has a long to-do list  The Guardian
SIMON WATKINS: Tesco needs radical and imaginative solutions to stop its ...  This is Money
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Tesco Shares Slump As Trading Woes Deepen
Tesco's share price took its biggest one-day hammering in more than two years on Friday after it slashed its profit forecast following a sales slump.
Tesco issues third profit warning of 2014 with dividend slashed by 75%  The Guardian
Crisis awaits new Tesco boss as supermarket issues second profit warning of ...  This is Money
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Branson Banks On �2bn Virgin Money Float
The Virgin tycoon's banking arm could announce a stock market listing within weeks, Sky News learns. 5:12pm UK, Saturday 30 August 2014.
Richard Branson's Bank to List on London Stock Exchange to Tune of �2bn  International Business Times UK
Richard Branson criticised for promoting rip-off fund
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France: The new sick man of Europe?
Amid the country's political turmoil we ask if Europe's second largest economy is on the brink of another recession. Counting the Cost Last updated: 30 Aug 2014 12:44.
Future of the euro in grave doubt as Franco-German core crumbles  Irish Independent
Why Italy's stagnation could be the future for the entire eurozone  The Guardian
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UK house prices hit all-time high after new surge
HOUSE prices surged by 11 per cent year-on-year in August to reach another new all-time high of �189,306 on average, Nationwide has reported.
Surprise jump in house prices, but lending falls 20%  The Times (subscription)
Average prices in England and Wales up 1.7% last month  Property Wire
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Mortgage advice scandal proves bankers still can't be trusted - but you CAN ...
Over the past few weeks I haven't had cause to write about financial institutions up to no good and I was starting to think that perhaps we are turning a corner.
RBS fine over mortgage advice failures 'might not be last'  Financial Times
RBS profits up 53%  Fresh Business Thinking
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Microchip Technology Incorporated (�Microchip�) Further Announcement ...
Microchip Technology Incorporated MCHP, +1.69% a leading provider of microcontroller, mixed-signal, analog and Flash-IP solutions, today announces that, further to its announcement of August 28, 2014, that it has had preliminary mutual discussions with ...
Microchip: Any Offer For CSR Is Likely To Be In Cash  NASDAQ
Fresh suitors could trigger CSR bidding war  Business Weekly
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A week in gold: Ukraine unrest sends gold higher
The price of gold for December delivery rose steadily throughout the week as the situation in Ukraine deteriorated. Risk averse investors turned to the yellow metal as hopes of a rapprochement between Ukraine and Russia took a knock.
Gold futures weekly recap, August 25 � August 29  Binary Tribune
Gold, Silver and US Mint Bullion Sales Mixed in August
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Market Report: Bwin.Party excite investors by throwing sink at problems
Management at Bwin.Party are throwing the kitchen sink at its problems and investors are excited. Its chief executive Norbert Teufelberger admitted that a �more fundamental� approach is needed to revive the fortunes of the struggling online gaming group, ... in a flap over losses  The Times (subscription)
Online gambling firm Bwin to cut more as its losses widen
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