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UK's FTSE suffers worst day in a year on stimulus taper worries
ReutersLONDON (Reuters) - Britain's FTSE 100 share index suffered its biggest one-day drop in a year on Thursday, knocked off historic peaks by weak economic data and signs the U.S. Federal Reserve could soon taper its stimulus program. Fed chairman Ben...Tags: Central Bank, Robin Williams, Ben Bernanke, Federal Reserve, United Utilities Plc
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Microbreweries give cheer to British beer drinkers
ReutersBritain's love affair with quirkily named real ales and their demand for locally produced goods has led to a growing trend in microbreweries that cater to the more discerning palate. More than 1,000 brewers now operate across the country compared to just...Tags: Bars and Clubs, Dining and Drinking, SABMiller plc, Distilling and Brewing Industry, Alcoholic Beverages
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London man hacked to death in apparent terror attack was soldier
LONDON -- As police scoured the attack site for evidence, authorities confirmed Thursday that a man who was hacked to death on a London street before horrified bystanders in an apparent terrorist assault was a member of Britain’s armed forces. The...Tags: Government, Religion and Belief, Islam, Politics, Terrorism
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Brave woman tried to calm London attackers and reasoned with them before police came
Associated PressLONDON (AP) — A brave scout leader who may have prevented further violence has emerged as an unlikely hero in the apparent terror attack that left one man dead on the streets of London. Ingrid Loyau-Kennett got off a bus and tried to reason with...Tags: Unrest, Conflicts and War, Armed Conflicts, Shootings, First Aid, Cornwall
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Motor racing-Formula One Monaco Grand Prix 1st free practice session
ReutersMay 23 (Infostrada Sports) - 1st Free Practice Session from the Formula One Monaco Grand Prix at Circuit de Monaco on Thursday 1. Nico Rosberg (Germany) Mercedes 1:16.195 2. Fernando Alonso (Spain) Ferrari 1:16.282 3. Romain Grosjean (France) Lotus -...Tags: Mexico, Finland, Robin Williams, Auto Racing, France
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BoE's Broadbent says QE hasn't become ineffective
ReutersLONDON (Reuters) - The recent extension of the Bank of England's Funding for Lending Scheme is not an admission that quantitative easing has stopped working, BoE policymaker Ben Broadbent said on Thursday. Rather, he said, it was a reflection of the fact...Tags: Money and Monetary Policy, CNBC (tv network)
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Recruiter Robert Walters says UK hiring set for recovery
Reuters(Reuters) - A stable job market in Britain bodes well for an upturn in permanent recruitment that would mirror a recovery already under way in Asia, the founder of Robert Walters Plc told Reuters. Robert Walters, the 58-year-old chief executive of the...Tags: Labor Markets, Asia, Science and Technology, Lobbying, Financial and Business Services
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UK regulator fines JPMorgan 3 million pounds
ReutersLONDON, May 23 (Reuters) - Britain's Financial Conduct Authority (FCA) said it has fined U.S. bank JPMorgan 3.08 million pounds ($4.6 million) for being unable to show it was giving clients the right advice. The FCA said on Thursday the failings were...Tags: Fines, Punishment
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UK PM Cameron says London attack was betrayal of Islam
ReutersLONDON, May 23 (Reuters) - British Prime Minister David Cameron said the brutal killing of a soldier who was hacked to death in London by two men shouting Jihadist slogans was a betrayal of Islam. "We will never give in to terror or terrorism in any of...Tags: Religion and Belief, Islam
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Signs of weakness mar UK economic growth
ReutersLONDON (Reuters) - Britain's better-than-expected economic growth in the first quarter turns out to have been boosted by a rise in inventories, while consumer spending was weak and investment fell, raising questions whether the nascent recovery will last....Tags: Money and Monetary Policy, Gross Domestic Product, Productivity, BNP Paribas, Economic Indicator
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Pay your taxes, Europe warns multinationals
LONDON — European leaders fired a warning shot in the battle against multinational companies that exploit loopholes or set up complicated schemes to minimize their tax bills, calling for collective action to thwart such practices. Britain,...
Tags: Government, Apple Inc., Fredrik Reinfeldt, France, G8
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EU wants big companies to reveal national tax bills
ReutersBRUSSELS (Reuters) - Europe's top regulatory official is seeking to force large companies to disclose how much tax they pay in each country where they operate, a measure some politicians say could curb tax avoidance. Michel Barnier, the European...Tags: International Organizations, Apple Inc., Summits, European Union, G8
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