Edition:
United Kingdom

Samantha Machado

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.

Balfour Beatty defies UK construction gloom with stellar results

14 Aug 2019

Shares in Balfour Beatty rose 13% after its underlying profit more than tripled in Britain where it is working on lower risk contracts such as major road improvements, a rail link, and a nuclear power station.

Debenhams to name Stefaan Vansteenkiste as CEO - source

07 Aug 2019

British department store group Debenhams will appoint Stefaan Vansteenkiste as its new chief executive officer, while Terry Duddy will step down as chairman in September, a source familiar with the matter told Reuters on Wednesday.

Staffline share issue dilutes Cat Rock's stake

22 Jul 2019

Cat Rock Capital's stake in Staffline Group Plc has fallen by more than half after the activist investor did not participate in the recruiter's latest placement, a regulatory filing on Monday showed.

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