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U.K. markets news

UPDATE 2-Britain to look at RBS split, start Lloyds sale soon
Wed Jun 19, 2013 6:48pm EDT. By Matt Scuffham and David Milliken. LONDON, June 19 (Reuters) - Britain is ready to start selling its shares in Lloyds Banking Group and will examine whether to break up Royal Bank of Scotland, Finance Minister George ...
George Osborne renews backing for more banking competition  Financial Times
Lloyds Bank to return to private hands  BBC News
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Mervyn King picks up �6.3m pension from Bank of England despite not putting ...
Bank of England Governor Sir Mervyn King is retiring to a life of luxury - with a gold-plated, taxpayer-funded pension worth more than �6.3million.
Bank of England's King makes last call for more stimulus, bank reform  Reuters UK
ALEX BRUMMER: Sir Mervyn King heads back to the stands with warning ...  This is Money
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Ian Livingston hangs up at BT to become trade minister
More than �400million was wiped off BT's market value on Wednesday after the company was rocked by the surprise departure of transformational chief executive Ian Livingston.
BT power shift comes at pivotal point  Financial Times
BT chief Ian Livingston quits to become trade minister  Telegraph.co.uk
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Bernanke sees 2014 end for QE3
The end is in sight for US Federal Reserve easing that has dominated financial markets for half a decade after it set out an optimistic economic outlook that would lead to the end of asset purchases in mid-2014.
Bernanke says Fed likely to reduce bond buying this year  Reuters UK
Bond Markets Sell Off  Wall Street Journal
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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's Dalian Wanda to Build Luxury Hotels Overseas  Wall Street Journal
China Billionaire Invests $1.6 Billion in London Land, Boats  Bloomberg
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Royal Mail workers vote to boycott handling competitors' mail
Government plans to privatise the Royal Mail could be hit after a boycott by thousands of postal workers moved a step closer today.
UPDATE 1-Workers at Britain's Royal Mail vote against sell-off  Reuters
96 per cent of Royal Mail staff vote 'no' to privatisation  Telegraph.co.uk
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Passenger Focus says rail companies are 'failing to deliver basic promises'
Passenger satisfaction with Britain's crowded, late-running and over-priced railway network has plummeted to the lowest level in six years, a damning new survey by official watchdogs reveals today.
Passenger satisfaction with trains plunges  Telegraph.co.uk
Delays and high prices leave rail passengers dissatisfied  The Guardian
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Imagination Technologies is looking for Chinese to chip in after annual profits fall
Chip designer Imagination Technologies will tap Chinese companies for new custom after posting a fall in profits last year. The UK company, whose technology is used in Apple's iPhone and Samsung's Galaxy smartphones, saw profits halve after taking a ...
Imagination Technologies profits dip on chip licensing delays  Telegraph.co.uk
Imagination lacking on smartphone changes  Evening Standard
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Payday loan ad banned for '�1000 night out' offer
The Advertising Standards Authority has banned a payday lender for sending text messages that encouraged people to borrow �1,000 for a night out.
Payday lender banned from sending 'irresponsible' spam texts  The Independent
ASA bans �irresponsible� payday lender text ads  Credit Today
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Blacks and Millets drag down JD Sports
JD s figures have been hit by its support for the troubled Millets and Blacks chains. Picture: PA. By KRISTY DORSEY Published on 19/06/2013 19:24.
JD Sports warns of 'substantial' loss at Blacks and Millets  Evening Standard
JD Sports braces itself for big loss  Management Today
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