uk-hotdailynews: 2015-07-03 U.K. Business

BP reaches £12bn record settlement over Gulf oil spill
BBC News
British Petroleum has agreed to pay the largest settlement by a single company in US history over the Gulf of Mexico oil spill. The deal, which is still awaiting approval, will be worth $18.7bn (£12bn). Over 125 million gallons of oil were spilt into ...
BP to pay US $18.7 billion settlement over deadly 2010 oil spill   Firstpost
BP reaches $18.7 billion settlement over deadly 2010 spill   Reuters
Gulf Coast States Are Big Winners in BP's $18.7 Billion Accord   Bloomberg
Irish Independent
all 1,220 news articles »

Greece 'No' vote could cause financial instability
Scotsman
A NO vote in Sunday's referendum in Greece would “test” the defences established in the UK and Europe against financial instability spreading, the deputy governor of the Bank of England has warned. Sir Jon Cunliffe described Greece's stand-off with its ...

Buy-to-let threatens UK economy   Introducer Today
Greece crisis: Will Greek troubles spill over to the rest of Europe and the UK?   The Independent
Bank of England warning on buy to let   Residentiallandlord.co.uk (press release) (registration)
BBC News
RTE.ie
all 215 news articles »

FCA: On the wrong side of the argument?
Financial Times
Sometime between the canon of lamb and the port, George Osborne, chancellor of the exchequer, unveiled what he called a “new settlement” with the City of London. Flush with political capital a month after his Conservative party's decisive May 7 ...
Insider trading and market abuse falls sharply   Telegraph.co.uk
FCA chief Wheatley's pay hits £701k thanks to bonus boost   Citywire.co.uk
Absence of embarrassing blunders sees boss of financial regulator FCA receive ...   This is Money
The Guardian
Mortgage Solutions
Crowdfund Insider
all 40 news articles »

UK Information Commissioner's Office reports rise in spam calls and texts
The Guardian
The law has been changed to make it easier for officials to fine companies that breach rules on nuisance calls and texts. Photograph: Alamy. Press Association. Thursday 2 July 2015 19.52 EDT Last modified on Thursday 2 July 2015 20.20 EDT. Share on ...

Nuisance calls: record numbers of complaints - yet just five fines   Telegraph.co.uk
Nuisance call complaints reach record high, says ICO   BBC News
UK complaints soar over abuse of private data   Financial Times
Mirror.co.uk
SC Magazine UK
DataGuidance (press release)
all 17 news articles »

Dixons Carphone makes fresh bid to crack the US with Sprint deal
The Independent
Dixons Carphone has made its first big corporate move since the £3.8bn merger last year. The telecoms and electricals retailer has struck a deal with Sprint, the third-largest mobile phone operator in the US, under which they could open up to 500 ...
Dixons Carphone confounds merger sceptics   Financial Times
Dixons Carphone heads to the US   The Times (subscription)
Dixons Carphone connects in US with Sprint stores deal   The National
Express.co.uk
The Guardian
Reuters
all 159 news articles »

C&C blames the rain and tighter drink laws for first quarter gloom
Irish Independent
SHARES in C&C tumbled as much as 4pc yesterday, after the company blamed the weather and tougher drink-driving laws on a disappointing first quarter of its financial year. Ads by Google. Share. Facebook · Twitter · Google · Email. Go To. Comments.
C&C loss of fizz prompts analysts to trim earnings forecasts   Irish Examiner
Tennent's owner in warning over short-term trading   Herald Scotland
Tennent's blames sales slump on drink-drive limit and cold weather   Express.co.uk

all 31 news articles »

Here's why Britain's politicians think Heathrow Airport does not need a new runway
Economic Times
By Steven Erlanger About 70 years have passed since greater London got a new airport runway, seven decades of economic growth and stupendous wealth that have transformed the city into a global capital to rival New York and Paris. But every time there ...
Heathrow under fire for failing to reveal new flightpath details   The Times (subscription)
Heathrow Terminal 1 to shut after 47 years   Dispatch Times
Harmondsworth priest voices concerns over Heathrow runway proposal   Church Times
The Economist
Wandsworth Guardian
The Guardian
all 155 news articles »

Hertz cuts ties with Ryanair
Irish Independent
Ryanair customers can no longer book hire cars through the airline's website after Hertz pulled its tie-in with the airline in a surprise move. Ads by Google. Share. Facebook · Twitter · Google · Email. Go To. Comments. In response Ryanair's Michael O ...
Ryanair's legal row with car hire firm Hertz will hit passengers   Telegraph.co.uk
Ryanair and Hertz head for courts after car hire deal breaks down   Financial Times
Ryanair takes legal action against Hertz   Scotsman
Reuters
eTurboNews
RTE.ie
all 43 news articles »

Northern Ireland's 8% property price rise outperforms rest of UK
Belfast Telegraph
House prices in Northern Ireland have risen at the fastest rate in the UK, according to the Nationwide Building Society. Ads by Google. Values across the UK increased by 3.3% in the 12 months to June, marking the weakest annual growth since June 2013.
UK house prices fall in June   Introducer Today
Annual house price growth at two-year low, Nationwide says   BBC News

all 100 news articles »

UK sells more of Lloyds bank stake, $19.5bn raised so far
Daily Times
LONDON: Britain has cut its stake in Lloyds Banking Group<LLOY.L> to below 16 percent, taking the total raised through the sale of the government's shares in the bank to more than 12.5 billion pounds ($19.5 billion). Lloyds said on Thursday that ...
Taxpayer stake in Lloyds falls below 16pc   Telegraph.co.uk
The UK May Be About to Create the Perfect HSBC/Lloyds Trade   Wall Street Journal (blog)
UPDATE 2-UK sells more of Lloyds bank stake, $19.5 bln raised so far   Reuters
Sky News
all 117 news articles »

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