Edition:
United Kingdom

Pushkala Aripaka

Pendragon shares plunge a quarter as UK car dealer warns on profit

12 Jun 2019

Pendragon shares slumped as much as 26% on Wednesday after the British car dealer warned of a pretax loss this year, blaming weak demand for both new and used cars.

Real estate agent Foxtons replaces finance chief as it warns of weak London market

20 May 2019

Real estate agent Foxtons Group Plc announced the departure of Chief Financial Officer Mark Berry on Monday as it said UK property sales were running at record lows due to the impact of Brexit on consumer confidence.

REFILE-UPDATE 2-Foxtons replaces finance chief as it warns of weak London property market

20 May 2019

May 20 Real estate agent Foxtons Group Plc announced the departure of Chief Financial Officer Mark Berry on Monday as it said UK property sales were running at record lows due to the impact of Brexit on consumer confidence.

National Grid attacks Labour's renationalisation plan as profit dips

16 May 2019

The head of Britain's National Grid criticised the opposition Labour Party's plans to renationalise energy networks, saying it would increase costs for consumers and could prompt legal challenges, as the firm's profit fell slightly.

Renishaw slumps on second profit warning in two months

14 May 2019

Renishaw Plc on Tuesday cut its annual profit forecast for the second time in less than two months, as customer demand remained weak, sending shares in the British engineering group to a two-year low.

Former RBS female employee wins equal pay case - UK's Unite

09 May 2019

Britain and Ireland's largest trade union, Unite, said on Thursday a former female employee of Royal Bank of Scotland won an equal pay case against the state-backed bank, and warned that more such claims could follow.

UPDATE 2-AstraZeneca-Daiichi breast cancer treatment shows promise in latest study

08 May 2019

* Plan to seek FDA approval in second half of year (Adds details on regulatory submission, analyst comment on potential sales)

Indivior's Suboxone decline slower than feared as company bets on new opioid drug

02 May 2019

Indivior Plc's best selling drug is losing market share slower than some analysts had predicted and its new drug is performing on target, lifting shares in the company despite its forecast of a possible loss this year.

Smith & Nephew lifts revenue view after best quarter since 2015

02 May 2019

Smith & Nephew nudged up its annual revenue growth forecast on Thursday after the medical products maker reported its best quarter in more than three years on increased demand from newer markets, sending its shares up 3.5 percent.

GSK sees shingles vaccine sales rising, as free cash flow concerns weigh

01 May 2019

GlaxoSmithKline forecast on Wednesday that 2019 sales of its shingles vaccine would be more than £1 billion but the British drugmaker's shares slipped on concerns about its pharmaceutical business and free cash flow.

World News