Edition:
United Kingdom

Noor Zainab Hussain

Reckitt Benckiser CEO to retire after setbacks mar latter years

16 Jan 2019

Reckitt Benckiser Chief Executive Rakesh Kapoor will retire in 2019 after setbacks in recent years, paving the way for a potential change in strategy or break-up of the British consumer goods maker.

Marketing spending growth hits wall at UK companies on Brexit fears - survey

16 Jan 2019

A six-year run of marketing spending growth at British companies ended in the final quarter of 2018 as uncertainty over Britain's impending exit from the European Union led companies to clamp down on costs, a survey showed on Wednesday.

Staffing firm Hays bets on Germany despite economic slowdown

15 Jan 2019

Britain's staffing company Hays Plc said it had not seen any weakness in Germany's job market despite Europe's largest economy growing at the weakest rate in five years.

Provident shares plunge 20 percent on profit warning

15 Jan 2019

Provident Financial Plc expects 2018 earnings to be at the lower end of market expectations, sending shares in the sub-prime lender 20 percent lower on Tuesday.

PageGroup says Brexit, trade war make companies cautious about hiring

14 Jan 2019

Global recruitment company PageGroup said uncertainty around Britain's exit from the European Union had taken a toll on the country's job market, and it was seeing slower business in China due to the trade war with the United States.

Indonesia's Medco Energi offers 340 million pounds for UK-listed Ophir

11 Jan 2019

Indonesian oil and gas group Medco Energi Internasional Tbk PT said on Friday it could offer 340 million pounds ($436 million) in cash for London-listed Ophir , which has assets in south-east Asia.

UPDATE 2-Recruiter Robert Walters signals slowdown in UK jobs as Brexit looms

10 Jan 2019

* Q4 UK income grows 2 pct vs 22 pct in Europe (Adds CEO comments)

Ted Baker indicates business as usual as Christmas sales rise

09 Jan 2019

Fashion retailer Ted Baker reported higher sales in the holiday period, boosted by a surge in online demand and said it was "business as usual" at the brand as an investigation into reports related to the conduct of its founder continue.

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.

AstraZeneca picks Baselga to lead oncology R&D in growth plan

07 Jan 2019

AstraZeneca said on Monday it had hired José Baselga to head research and development in oncology, an area where the British pharmaceuticals firm is seeking to grow its business.

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