UK retail sales show Easter rebound in April - CBI


LONDON - British retail sales bounced back this month after a weak March, helped by sales from a later-than-usual Easter, the Confederation of British Industry said on Monday.


BBC withdraws from UK business group over Scottish independence 10:12pm BST

LONDON - The BBC is to suspend its membership of Britain's leading business lobby group after deciding on Thursday to join a number of organisations protesting over the CBI's move to officially campaign against Scottish independence.


Tea time again in London as Unilever brews up a drinks revival 7:34pm BST

LONDON - Consumer goods giant Unilever opened its first European tea shop in London on Thursday, aiming to cash in on the growing appeal of unusual and luxury cuppas and ignite fresh enthusiasm for the national drink.


Starbucks suffers first UK sales drop after tax criticism 7:33pm BST

LONDON - Starbucks suffered its first ever drop in UK sales last year, a period in which the company became the subject of boycotts and public criticism over its tax practices.


Museum housing Henry VIII's flagship up for British award 7:32pm BST

LONDON - A museum in the British city of Portsmouth that displays the salvaged hulk of King Henry VIII's flagship "Mary Rose", which sank in an attack on a French invasion fleet in 1545, is among the six finalists named on Thursday for a 100,000-pound prize.


UK police ask Muslim women to help stop youngsters going to Syria 4:04pm BST

LONDON - British police are asking Muslim women to dissuade young people in their communities from going to fight in Syria, the latest tactic by a European government worried about the security risk posed by youths radicalised by war.


Gherkin skyscraper enters receivership 6:37pm BST

LONDON - London's landmark Gherkin office tower has been placed into receivership by its creditors, accountancy firm and joint receivers Deloitte said on Thursday, paving the way for a possible partial sale of the skyscraper.

B&M to refinance debt prior to possible listing 4:55pm BST

LONDON - British discount retailer B&M is due to refinance its 585 million pounds of loans put in place to back its buyout last year in order to get its debt in better shape ahead of a possible listing, banking sources said on Thursday.


Conservatives to end onshore wind farm subsidies 3:27pm BST

LONDON - Prime Minister David Cameron's Conservative party pledged to end government subsidies for onshore wind farms if it wins a national election next year, increasing uncertainty for investors in renewable energy.


Labour mulls moving loan from Co-op Bank - sources 3:27pm BST

LONDON - Labour Party is considering moving a 1.2 million pound loan with the troubled Co-operative Bank to Unity Trust Bank, which is controlled by the country's trade unions, sources familiar with the matter said on Thursday.