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Consumer credit rating firms need reform, says UK watchdog

By Huw Jones LONDON, Nov 22 (Reuters) - Britain's 'highly concentrated' consumer credit ratings market used for obtaining loans is not working well, and a new industry body to help improve the quality of scores is needed, the Financial Conduct Authority said on Tuesday. Experian, Equifax and TransUnion make up almost all of the Britain's 800 million pound ($946.32 million) credit reference agencies (CRAs) sector.
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Consumer credit rating firms need reform, says UK watchdog

By Huw Jones LONDON, Nov 22 (Reuters) - Britain's 'highly concentrated' consumer credit ratings market used for obtaining loans is not working well, and a new industry body to help improve the quality of scores is needed, the Financial Conduct Authority said on Tuesday. Experian, Equifax and TransUnion make up almost all of the Britain's 800 million pound ($946.32 million) credit reference agencies (CRAs) sector.
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UK Stocks-Factors to watch on May 18

May 18 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening flat on Wednesday, with futures FFIc1 up 0.08%. * BRITISH LAND: British Land Company Plc BLND.L reported an annual profit after three consecutive years of losses, as the commercial landlord witnessed a recovery in occupancy at its office and retail spaces with easing of COVID-19 restrictions.
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UK Stocks-Factors to watch on May 18

May 18 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening flat on Wednesday, with futures FFIc1 up 0.08%. * BARCLAYS: Britain's Barclays Plc BARC.L said on Wednesday it had nearly doubled its stake in Barrenjoey Capital Partners to help expand the Australia-based investment banking boutique's business. * BRITISHVOLT: Britishvolt said on Wednesday Monaco-based Scorpio Group had made a strategic investment in the electric vehicle (EV) battery startup and the two companies will research bat
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Commodity-linked gains lift FTSE; fading Ukraine optimism weighs on midcap index

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window) * Pearson dips after it rejects takeover bid * Oil majors lead gains * FTSE 100 up 0.6%, FTSE 250 off 1.0% (Updates to close) By Amal S and Devik Jain March 30 (Reuters) - London's FTSE 100 rose on Wednesday, aided by a jump in commodity-linked shares, while doubts emerging around progress in Russia-Ukraine peace talks weighed on overall sentiment and dragged the midcap index lower.
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