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U.K. markets news

Tech giants face new UK tax clampdown
Some of the world's largest technology firms are facing hefty new bills as the UK government moves to fundamentally change the way they are taxed.
How this MP built a multi-million pound business by cold calling the ...  Management Today
Facebook and Google could soon have much higher taxes in the UK, report says  CNBC
Sky customers to see price hike from April
Millions of Sky TV and broadband customers are set to pay more from April as the telecoms giant introduces a hike in prices, but can avoid doing so if they leave outside of the minimum term of their contracts - penalty free.
Sky is putting up prices for millions of customers – here's how it ...  Manchester Evening News
Sky customers' monthly bills are about to get A LOT more expensive  Daily Star
Barclays reveals big gender pay gaps across UK banking group
For every �100,000 of bonuses handed out to men working at Barclays International women were only getting �27,000. Photograph: PA.
Women in Barclays International unit make half of what men earn  Financial Times
Women earn up to 43% less at Barclays  BBC News
Barclays faces pay backlash after profits hit by string of charges
The bank's gender pay stats cause alarm in Westminster as its annual results show a series of costs damaging its bottom line. 17:16, UK, Thursday 22 February 2018.
Barclays swings to �1.9bn net loss amid Carillion collapse and Trump tax hit  Belfast Telegraph
Barclays is a bank desperately in need of a bit of boredom but it's not ...  The Independent
British Gas owner to cut 4000 jobs blaming price cap and competition
Most of the 4,000 jobs will be lost in the UK, and the Centrica chief executive refused to rule out more cuts. Photograph: Owen Humphreys/PA.
Centrica to shed another 4000 jobs as profits fall 17%  Financial Times
British Gas owner Centrica to cut 4000 jobs after losing 1.4m customers and ...  Mirror.co.uk
School bans boys from sporting 'Meet me at McDonald's' hairstyle
A school in the UK has banned a hairstyle popularly known the 'meet me at McDonald's', alongside a long list of other hairstyles.
Not lovin' it: School's beef with 'meet me at McDonald's' ...  Sky News
What is a 'Meet me at McDonald's' haircut?  Metro
Carillion's ex-director considered funding pensions 'waste of money', MPs say
Graffiti at the site of the Royal Liverpool Hospital, which was being built by Carillion. Photograph: Pat Hurst/PA. Carillion's former finance director considered pension payments as a “waste of money”, MPs conducting a parliamentary inquiry into the ...
MPs turn fire on KPMG and Deloitte partners over Carillion  Financial Times
MPs grill pensions regulator as boss admits it should have been tougher over ...  Telegraph.co.uk
Chicken crisis finally over at KFC Trowbridge
THE crisis at KFC Trowbridge has finally come to an end after the fast food outlet announced it has chicken for the first time in nearly a week.
Chicken to be destroyed following KFC fiasco  Footprint
UK KFC's chicken supplier drops the drumstick, leaving 640 branches birdless  The Hustle (blog)
US rallies while Europe lags
Equities in Europe are firmly in the red, and even though we have seen a turnaround in the pound and the euro during the session, it had little impact on the equity benchmarks.
European Markets Finished Mostly Lower On Weak German Data  Nasdaq
Dollar higher on Fed minutes; euro unmoved by ECB  Reuters
Citymapper lays out plans for 'responsive' London bus service
Citymapper has shared new details on its plans to “reinvent shared transportation” by launching a hybrid service that is part bus, part ride-hailing system.
Why do firms like Uber and Citymapper keep reinventing buses?  New Scientist
The rules refuse to bend as Citymapper moves to disrupt London transport  Wired.co.uk