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U.K. markets news

The good, the bad and the ugly choices on banking
You can license bankers, claw back bonuses for the bad ones, and jail the reckless ones. But what do you do about banks? Westminster's Banking Standards Commission offers lots of analysis and strong recommendations about what to do with the culture of ...
'Jail reckless bankers': Failed bosses could also lose right to ...  Daily Mail
Parilamentary report proposes jail time for reckless UK bankers  ShareCast
Citywire.co.uk   Related articles »  
BoE split 6-3 against more QE at King's final meeting
LONDON | Wed Jun 19, 2013 9:53am BST. LONDON (Reuters) - The Bank of England remained divided 6-3 against more asset purchases in June and watched with caution market reaction to signs the U.S.
King Loses Final BOE Vote as Majority Sees Recovery Strength  Bloomberg
BOE voted 6-3 to keep asset purchases at �375bln  MarketWatch
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China's Wanda in �700m London development
A Chinese property group is to build a luxury hotel on London's South Bank as part of a �700m investment, underlining the capital's attractions for foreign investors.
China Billionaire Invests $1.6 Billion in London Land, Boats  Bloomberg
China's Wanda buys Sunseeker Yachts and invests in London skyscrapers in ...  Telegraph.co.uk
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European Stocks Tilt Lower, Euro Steady Ahead of FOMC
European stocks turned lower Wednesday as caution crept in ahead of a keenly anticipated decision on U.S. monetary policy and a speech from Federal Reserve Chairman Ben Bernanke, while the euro was steady against the dollar in what's expected to be ...
European Stocks Pare Drop While Yen Gains Before Fed; Oil Rises  Businessweek
Shares edge up, dollar steady as markets await Fed  Reuters
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JD Sports expects big loss from outdoor shops
Although its Blacks Leisure and Millets chains saw an increase in like-for-like sales over recent months, that had been achieved at a "significant margin sacrifice", JD Sports said on Tuesday.
JD Sports warns of 'substantial' loss at Blacks and Millets  Evening Standard
JD like-for-likes jump in UK and Ireland but profit margins fall at Blacks ...  Retail Week
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Business news and markets: live
... Off. � Sir Mervyn's final call for more QE overruled � Anastasiades appeals for overhaul of Cyprus bail-out � Chinese firm gets into British luxury with yachts and hotels � Banking Commission: Bankers should face threat of jail � Angelina Jolie stunt double sues ...
Revision of Cypriot bailout terms not likely-euro zone officials  Reuters
Cyprus president calls for bailout overhaul to save economy  Financial Times
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G8: Cameron secures global tax crackdown on secretive firms
The news came as a Number 10's tax adviser warned that African countries are losing twice as much in avoided tax as they are getting in aid from the West.
Backing for tax and secrecy crackdown  Financial Times
G - 8 Nations Take On Tax Evasion , Tax Havens And More  Forbes
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South African Inflation Slows to 5.6% as Gasoline Price Falls
South African inflation slowed for the first time in five months to 5.6 percent in May after gasoline prices fell the most since July.
Consumer inflation slows more than expected  BDlive
Inflation Continues to Undershoot Fed Target  Wall Street Journal
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Crest Nicholson sees boost from Help to Buy
Improving access to mortgages and government initiatives designed to fuel the housing sector have boosted the first results from Crest Nicholson since the housebuilder returned to market.
Buoyant Crest downplays fears of house-price boom  Evening Standard
Crest Nicholson profits jump following stock market return  Scotsman
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Altrincham is Britain's ID's fraud capital
Altrincham has become the UK's No. 1 hotspot for identity fraud, outside of certain parts of London. Last year, there were 13 identity fraud attempts for every 10,000 adults in the upmarket commuter town southwest of Manchester, with residents targeted at ...
The identity fraud map of Britain: London and Altrincham the worst hit by ...  This is Money
East Ham named identity fraud hotspot  BBC News
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