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U.K. markets news

BT chief Livingston to be trade minister
BT boss Ian Livingston is to replace Lord Green as trade minister after five years as chief executive of the British telecoms group.
BT chief Ian Livingston quits to become trade minister  Telegraph.co.uk
BT Names New Chief Executive  Wall Street Journal
Bloomberg   Related articles »  
Viewpoints: Banking committee report
The long-awaited report by the Parliamentary Commission on Banking Standards has been published. The review was commissioned by Chancellor George Osborne after a number of scandals in the industry.
City welcomes bank reforms but warns of resistance  Evening Standard
Consumer panel backs tougher rules for bankers  ifaonline.co.uk
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BoE, still divided, flags market impact of Fed uncertainty
By Olesya Dmitracova and David Milliken. LONDON | Wed Jun 19, 2013 12:43pm BST. LONDON (Reuters) - Bank of England policymakers acknowledged earlier this month that further market volatility could be on the way because of uncertainty about the ...
QE hopes raised for Carney despite final defeat for Sir Mervyn  Evening Standard
Bank of England ratesetters remain split over QE at Sir Mervyn King's ...  Telegraph.co.uk
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Dalian Wanda Group: Sunseeker jobs 'will stay in UK'
Chinese property developer Dalian Wanda Group has said it will spend more than �1bn ($1.6bn) to buy a British yacht maker and develop a hotel in London.
Splashing out: Tycoon takes fast boast to China with Sunseeker buy  Evening Standard
Chinese Wanda into Vauxhall with �700m hotel  Management Today
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Vodafone set to trump Liberty with $10 billion cash bid for Kabel - sources
FRANKFURT/LONDON | Wed Jun 19, 2013 11:34am BST. FRANKFURT/LONDON (Reuters) - Vodafone is discussing a bid of about $10 billion (6.4 billion pounds) with Germany's No.
Gideon Spanier: Vodafone vs Liberty is part of wider battle as media converges  Evening Standard
Liberty Global enters bidding race for Kabel Deutschland  Financial Times
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Imagination Technologies' profit dips on licensing slowdown
By Paul Sandle. LONDON | Wed Jun 19, 2013 7:40am EDT. LONDON (Reuters) - Imagination Technologies, the British chip designer whose graphics technology is in smartphones from Apple and Samsung, reported lower full-year profits as licensing slows.
Imagination Technologies profits dip on chip licensing delays  Telegraph.co.uk
Imagination lacking on smartphone changes  Evening Standard
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Markets Lack Direction as Fed Looms
Currency markets lacked any clear direction in European trading hours Wednesday as traders and investors refrained from piling on big bets ahead of the Federal Reserve's policy meeting later in the day, although some of Europe's smaller currencies were ...
GLOBAL MARKETS- Shares firm, dollar steady before Fed decision  Reuters
Fed's Decision Day Guide From Statement to Bernanke's Press Talk  Bloomberg
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Royal Mail workers vote against sell-off
LONDON, June 19 | Wed Jun 19, 2013 8:06am EDT. LONDON, June 19 (Reuters) - Royal Mail workers backed union opposition to plans to privatise the state-owned postal group on Wednesday, a stark reminder for potential investors that there will be no ...
100 Plymouth Royal Mail workers stage wildcat strike  BBC News
Mail staff vote for rivals' boycott  Preston and Leyland Citizen
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Lloyds' chief denies pressure to select Co-op bid
The chairman of Lloyds Banking Group has told MPs that there was no political pressure for the bank to select the Co-operative Group as the preferred bidder for the hundreds of branches it must sell under state aid rules.
Treasury Committee  BBC News
Lloyds denies political pressure in Co-op deal  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.
Late trains mean commuters in London are even less satisfied  Evening Standard
Greater Anglia sees improvement in passenger satisfaction  Norfolk Eastern Daily Press
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