Edition:
United Kingdom

Karina Dsouza

Carpetright sees sales improvement despite British retail gloom

25 Apr 2019

Shares in UK flooring retailer Carpetright surged on Thursday after it said UK sales had improved in the fourth quarter, a year after its creditors and investors backed a rescue plan which saw it close dozens of underperforming stores.

British builder Kier Group raises 2018 debt estimate, shares slide

11 Mar 2019

Shares in Kier Group fell more than 16 percent on Monday after the British builder disclosed an accounting error that pushed up its debt for 2018, months after many shareholders refused to buy into a new issue of stock.

Hotel group Millennium & Copthorne sees Brexit-led hiring crunch

15 Feb 2019

Britain's impending exit from the European Union is making it hard to hire workers from the bloc who are at the centre of London's hotel business, operator Millennium & Copthorne Hotels said on Friday.

Investor Cat Rock points way towards Just Eat merger with Takeaway.com

11 Feb 2019

An activist investor urged online food delivery firm Just Eat to pursue merger talks with a peer such as Takeaway.com, saying on Monday it did not trust the board to get the appointment of a new CEO right.

Domino's says overseas ops to slice into profit, shares dive

29 Jan 2019

Domino's Pizza on Tuesday warned a slowdown in overseas markets would dent its 2018 underlying pre-tax profit, sending shares in Britain's biggest pizza delivery firm down more than 10 percent, on course for their worst day in two years.

REFILE-UPDATE 2-Semiconductor company IQE lowers earnings forecast as sector weakens

25 Jan 2019

Jan 25 Britain's IQE joined several other semiconductor companies in issuing a bleak earnings forecast, highlighting broader technology sector weakness as China's economy slows.

Fevertree's shares get tonic from soaring revenue expectations

24 Jan 2019

Fast-growing Fevertree Drinks expects to report an almost 40 percent jump in annual revenue on strong demand for its flavoured tonic water and premium mixers, it said on Thursday, lifting its shares by more than 15 percent.

Gin, coffee sales give Wetherspoon Christmas cheer

24 Jan 2019

British pub operator JD Wetherspoon Plc said it enjoyed strong sales over the Christmas period, helped by Britons' new-found fondness for gin and solid demand for coffee drinks.

Sophos shares tank as demand for cybersecurity tools wane

18 Jan 2019

Sophos Group Plc's shares slumped 25 percent on Friday, after the cyber security company warned of slightly lower annual billings as hardware upgrades and sales to new customers fell.

Record Christmas sales cheer Greene King investors

08 Jan 2019

More Britons headed to the pub for a pint over Christmas and New Year, Greene King said on Tuesday as it reported higher sales and record numbers on Christmas Day itself.

World News