Edition:
United Kingdom

Samantha Machado

Wetherspoon plans new pubs around Britain, creating 10,000 jobs

10 Dec 2019

British pub operator J D Wetherspoon said on Tuesday it will create more than 10,000 jobs over the next four years as it plans to invest over 200 million pounds ($256.60 million) to open new outlets in the UK and Ireland.

Royal Mail wins bid to block Christmas strikes

14 Nov 2019

British postal company Royal Mail on Wednesday won a high court injunction to stop strikes by its biggest union around the time of a national election on Dec. 12 and in the busy run-up to Christmas.

Bovis, Galliford agree housing deal in ailing British market

07 Nov 2019

Bovis Homes sealed a deal for UK builder Galliford Try's residential business on Thursday, more than doubling the size of its housing development business and making it the fifth largest player in a struggling British market.

Intu Properties considers raising equity to tackle debt in blow to shares

06 Nov 2019

British shopping centre operator Intu Properties said on Wednesday it could raise equity, alongside asset sales, to tackle its debt burden, knocking nearly 18% off its share price.

UK homebuilder Barratt battles Brexit price pressure

16 Oct 2019

Britain's biggest housebuilder Barratt Developments reported marginal sales growth and a dip in the value of homes sold in the first months of its financial year, the latest sign of pressure on developers from a weakening UK property market.

Model-maker Hornby says Brexit may delay its trains

25 Sep 2019

Now even model trains face possible delays due to Brexit, with Hornby , the maker of such children's favorites as Thomas & Friends and Harry Potter's Hogwarts Express, flagging potential supply problems at ports ahead of the Christmas shopping period.

Barratt shares fall as subdued outlook overshadows profit rise

04 Sep 2019

Britain's biggest housebuilder Barratt Developments Plc said profit rose on improved margins and higher home sales in a tough real estate market, but warned it now expected volumes for the current year at the lower end of forecasts.

Premier Foods makes Mr Kipling boss its new CEO

30 Aug 2019

Bisto gravy and Oxo cube maker Premier Foods named its UK business chief Alex Whitehouse as its new CEO on Friday, handing him the task of reviving the company which has been under pressure since a failed takeover bid three years ago.

Drive to raise quality hits profit at UK housebuilder Persimmon

20 Aug 2019

A drive to improve the quality of its houses slowed sales and knocked profits at Persimmon in the first half of the year, Britain's second largest housebuilder said on Tuesday.

UK pubs operator Greene King agrees to 4.6 billion pounds Hong Kong offer

19 Aug 2019

British pubs operator Greene King has agreed to a 4.6 billion pounds ($5.6 billion) bid from a Hong Kong-listed company founded by the territory's richest man Li Ka-Shing, which said it was seeking to increase its UK presence even as Brexit looms.

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