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U.K. markets news

UK watchdog says Lloyds must raise 8.6 billion pounds capital
By Huw Jones and Matt Scuffham. LONDON | Thu Jun 20, 2013 9:11am BST. LONDON (Reuters) - Lloyds Banking Group must plug a capital shortfall of 8.6 billion pounds ($13.5 billion), Britain's banking regulator said on Thursday, a day after the government ...
UK banks told to find further �13bn  Financial Times
Five UK Banks Must Plug GBP27.1B Capital Shortfall, BoE Says  Wall Street Journal
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INSTANT VIEW 3-UK retail sales bounce back strongly in May
LONDON, June 20 | Thu Jun 20, 2013 4:49am EDT. LONDON, June 20 (Reuters) - British retail sales rebounded much more than expected in May, lifted by discounting at supermarkets and online shopping, official data showed on Thursday.
Retail sales rebound in May  AFP
UK retail sales sees strong rise in May  BBC News
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Eurotunnel shares fall after EU attacks rail charges
PARIS - Shares in Eurotunnel which operates the under-sea tunnel between France and England fell by 4.47 percent on Thursday after the European Commission pressed for a cut in prices charged to run trains on the route.
EU moves to cut high Eurotunnel charges  Telegraph.co.uk
Eurotunnel accused of overcharging train companies  BBC News
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'Tablet explosion' fuels Dixons sales
Sebastian James, Dixons' chief executive, said the chain had experienced a "tablet explosion" last Christmas and, given that less than a third of British households have a tablet, there is "lots of road left in this particular product".
Dixons Sees Improving Signs From Shoppers as Profit Jumps  Bloomberg
Dixons year profit up 15 percent on strong UK  Reuters UK
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Stocks Decline on Fed Fears
Stocks declined and both Treasury-bond yields and the dollar rose sharply, all signs of market unease, after Mr. Bernanke repeated his May comments that the Fed this year could begin trimming the size of its monthly debt purchases.
Bernanke Sees Beginning of End for Fed's Record Easing  Bloomberg
Treasury yields rise as exits get clogged  Financial Times
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RBS break-up backed by first minister
The Scottish first minister has backed a break-up of RBS to split its risky investment bank from its mainstream retail and business lending arm.
Osborne looks to split RBS into 'good' and 'bad' banks  Money Marketing
George Osborne: 'RBS Should Have Been Split Five Years Ago'  Wall Street Journal (blog)
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BT chief Ian Livingston quits to join Coalition Government as Gavin Patterson is ...
Ian Livingston has been lured from helm of BT to become David Cameron's Trade minister, banging the drum for UK exports and inward investment.
Gavin Patterson to be appointed chief executive of BT Group  MarketWatch
BT chief Ian Livingston: 'I couldn't say no to Government job'  Telegraph.co.uk
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Children are dying because of failure to use GM crops, says Owen Paterson
Mr Paterson said that GM offers �wonderful opportunities� that could benefit human health and the environment. He said GM production in the UK would mean less spraying of pesticides and less intensive farming.
Environment Secretary Owen Paterson urges UK to end scepticism and adopt ...  The Independent
GM even safer than conventional food, says environment secretary  BBC News
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Ted Baker shares hit all-time high as sales surge
Thu Jun 20, 2013 4:39am EDT. LONDON, June 20 (Reuters) - Designer clothing brand Ted Baker said strong demand in Britain and North America had helped first quarter group sales shoot up by a third, sending its shares to an all-time high.
Broker snap: Panmure hikes target for Ted Baker after strong Q1  ShareCast
Ted Baker "very confident" after strong start to the year  Proactive Investors UK
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FCA fines property agent record one million pounds
LONDON | Wed Jun 19, 2013 11:42am BST. LONDON (Reuters) - The Financial Conduct Authority (FCA) has fined a property agent nearly a million pounds for defrauding vulnerable people, the largest-ever fine for a sole trader in the consumer sector.
UK watchdog fines property agent one million pounds  Reuters
Indian realty broker fined one million pounds in UK for fraud  Firstpost
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