Edition:
United Kingdom

Samantha Machado

Intu sells shopping centre stake to Kuwait-backed fund to cut debt

18 Apr 2019

Britain's Intu Properties plans to sell a 50 percent stake in an East Midlands shopping centre to a Kuwait-backed real estate investment firm for 186.3 million pounds in an attempt to cut its debt.

London's shares off six-month highs, Bunzl suffers worst day in a decade

17 Apr 2019

Britain's FTSE 100 was off its six-month high as a fall in miners over Vale's plans to reopen a major Brazilian mine offset gains in banks after upbeat data from China, while Bunzl sank on a slowdown in revenue growth.

Robert Walters learns to live with Brexit uncertainty as profits rise

15 Apr 2019

Recruitment company Robert Walters on Monday reported higher first-quarter profit and said confidence among businesses in Britain was reasonable despite Brexit uncertainty.

JD Wetherspoon flags higher costs, wages bite

15 Mar 2019

JD Wetherspoon Plc expects costs in the second half to be as high as in the first, Chairman Tim Martin said on Friday, after rising wages hit the budget British pub chain's profit.

Quilter clients in 'wealth preservation mode' as Brexit looms

12 Mar 2019

Wealth manager Quilter said Britain's looming exit from the European Union meant its clients were steering clear of new investments and that investor confidence could worsen in 2019.

Britain's Purplebricks changes management as shares plummet on revenue warning

21 Feb 2019

Shares in Britain's Purplebricks plunged as much as 40 percent on Thursday after the online estate agent cut revenue forecasts, saying it expected slower growth abroad, and as it announced senior management changes.

Petra Diamonds appoints new CEO, share price rises

18 Feb 2019

African miner Petra Diamonds named a new chief executive on Monday as it works to cut debt and generate free cash flow after first-half core earnings were hit by lower diamond prices.

UPDATE 2-SIG seeing some signs of suppliers stockpiling -CEO

21 Sep 2018

* SIG highly dependent on suppliers of raw material- CEO (Recasts with CEO comments)

Brexit no time to tinker with Help to Buy -Galliford Try

12 Sep 2018

Sept 12 Builder and developer Galliford Try called on Wednesday for the UK government to extend its subsidy scheme for first-time house buyers for at least five years from 2021 in a bid to head off Brexit-based risks to the housing market.

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