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U.K. markets news

PRA identifies �26bn bank funding gap
The top City regulator is poised to unveil the previously secret details of the capital holes it has identified at Britain's top eight banks, with Royal Bank of Scotland, Lloyds and Barclays set to account for more than 90 per cent of the total.
Jail reckless bankers, standards commission urges  BBC News
Britain says reckless bankers could face jail  Reuters UK
Daily Mail   Related articles »  
UPDATE 2-BT CEO Livingston steps down to join UK government
Wed Jun 19, 2013 11:59am EDT. * Analysts worry on strategy delivery. * Former telecom monopoly has recovered under Livingston. * CEO taking up government post to promote UK business.
BT Names Patterson CEO as Livingston Takes Minister Post (1)  Businessweek
BT CEO Livingston steps down to join government  Reuters UK
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Bank of England votes 6-3 against increasing QE
Bank of England governor Sir Mervyn King was outvoted again at his final meeting of the Bank's rate-setting committee, minutes show.
Bank of England ratesetters remain split over QE at Sir Mervyn King's ...  Telegraph.co.uk
BOE's King Defeated in Final Stimulus Push  Wall Street Journal
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96 per cent of Royal Mail staff vote 'no' to privatisation
Union chiefs today said 96 per cent of delivery, sorting staff and Posties "opposed the privatisation of Royal Mail" in the first poll of workers on the Government's plans.
Fears of postal chaos as Royal Mail workers vote to stop handling ...  Daily Mail
Royal Mail staff vote against privatisation  The Guardian
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China's Dalian Wanda to Build Luxury Hotels Overseas
BEIJING�A year after targeting U.S. movie theaters, a Chinese property magnate is sketching out global plans for a new focus: Chinese tourists.
China's Wanda aims to launch $1 billion NY hotel project this year: chairman  Reuters
China's Dalian Wanda to buy UK yacht maker and hotel  BBC News
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Delays and high prices leave rail passengers dissatisfied
Passenger satisfaction on the railways is dipping, with value for money and how companies deal with delays being the biggest cause for complaint, according to a survey of thousands of train customers.
Passenger Focus says rail companies are 'failing to deliver basic ...  Daily Mail
Late-running trains mean commuters in London are even less satisfied  Evening Standard
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Berkeley profits from expensive London land
The company, which has built 12,000 homes in more expensive housing areas since 2009, said future investments would be increasingly weighted towards a small number of higher value properties.
Berkeley founder Pidgley buys �11m flat amid divi cheer  Evening Standard
Housebuilder Berkeley's profit rises 26 pct  Reuters
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Imagination Tech exec invests as company unveils annual results
Imagination Tech exec invests as company unveils annual results LONDON (SHARECAST) - Andrew Heath, a Non-Executive Director of chip designer Imagination Technologies invested nearly 60,000 pounds in the firm on Wednesday, the same day that the ...
Imagination Technologies' profit dips on licensing slowdown  Reuters
Imagination Technologies profits dip on chip licensing delays  Telegraph.co.uk
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Britain's shoppers flocking to unfashionable low-priced brands
Budget Britain shoppers are rewarding once unfashionable brands that offer low prices but deliver quality. Aldi, which has become a darling of the struggling middle classes, has been named the UK's best supermarket in the Which?
Asda slips as supermarkets battle for middle ground  The Guardian
Britain's grocery market polarisation intensifies - Kantar  Reuters
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Payday lender banned from sending irresponsible texts
A payday lender has been banned from sending "irresponsible" texts that promoted the idea that payday loans can be used to fund a social life.
Could payday lenders cause another credit crunch?  Telegraph.co.uk
ASA bans �irresponsible� payday lender text ads  Credit Today
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