United Kingdom

Aastha Agnihotri

Champions League absence would prove costly for Man Utd

13 May 2016

Failure to qualify for Europe's Champions League would cost Manchester United more than 30 million pounds in revenue next season, the club said on Friday after reporting a big rise in quarterly profit.

Aldermore's first-quarter lending grows

12 May 2016

Aldermore Group Plc said first-quarter lending rose 6 percent as it added more customers including homeowners and small and medium enterprises.

InterContinental Hotels first-quarter global room revenue lags estimates

06 May 2016

InterContinental Hotels Group Plc on Friday posted a 1.5 percent rise in first-quarter global room revenue, missing analysts' estimates but said it was confident for the rest of the year, citing current trading trends and brand momentum.

Costa Coffee owner Whitbread sticks to expansion plans as profit grows

26 Apr 2016

Whitbread Plc , an operator of hotels, restaurants and coffee shops, stood by its expansion plans in the UK and international markets, after posting a near 12 percent rise in full-year profit.

N Brown says trading subdued on bad weather, Brexit fears

20 Apr 2016

British plus-size fashion retailer N Brown Group Plc said trading in the new financial year has been subdued, hurt by lower demand for spring and summer clothing due to bad weather and as uncertainty over Brexit influenced consumer spending.

Stock Spirits bows to investor pressure, CEO steps down

18 Apr 2016

Vodka maker Stock Spirits Group Plc removed its chief executive of seven years, bowing to pressure from its largest individual shareholder.

William Hill warns on full-year profit, shares slump

23 Mar 2016

British bookmaker William Hill warned on full-year profit on Wednesday, citing Cheltenham festival losses and new rules that have dented income from high-value online customers, sending its shares down by as much as 14 percent.

New stores, fashions boost Ted Baker's profit

17 Mar 2016

Ted Baker Plc's full-year profit rose by nearly a fifth due to strong demand for its offbeat fashions and the opening of stores from Mexico to the Middle East, setting the British clothing retailer apart from its rivals in a competitive market.

French Connection losses grow as spring fashions underwhelm

15 Mar 2016

French Connection Group Plc reported a bigger full-year loss after its spring and summer collections failed to capture the imagination of shoppers in a fiercely competitive UK fashion market.

Bonds, rupee gain; govt sticks to fiscal targets

29 Feb 2016

MUMBAI Indian bonds and the rupee rallied on Monday after Finance Minister Arun Jaitley said the government would stick to its fiscal deficit target for 2016/17, raising expectations the Reserve Bank of India (RBI) may cut interest rates before its next policy review in April.

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