LONDON Neil Woodford has sold 97 million pounds of shares over the past 10 days to boost liquidity in his suspended equity income fund, a Woodford spokesman said on Thursday.
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.
Thames Water, one of the largest UK water companies, said http://pdf.reuters.com/htmlnews/htmlnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20190524:nRSX1977Aa on Friday its Chief Executive Officer Steve Robertson had stepped down by mutual agreement.
Britain's competition watchdog said on Friday it was investigating whether U.S.-based Liqui-Box's $585 million (£461.3 million) takeover of a DS Smith Plc business could lessen competition in the market.
Safestyle UK Plc warned annual profit would miss forecasts as the windows and doors retailer battles to move on from a year of legal wrangling and competition from rival Safeglaze, sending its shares down more than 17%.
The new chief executive of Intu Properties Plc cut the shopping centre operator's rental income forecast on Friday, blaming a string of retail collapses and uncertainties stemming from Brexit for slowing down new lettings.
Housebuilder Persimmon on Wednesday reported fewer orders so far this year partly due to the company's action to change the timing of house sales to focus on quality and improve customer service.
Britain's third-largest homebuilder Taylor Wimpey warned on Thursday the rising cost of building materials would weigh on profit margins this year, hitting shares across the sector.
British pension fund Universities Superannuation Scheme Ltd (USSL) said its Humber Bidco unit would buy telecommunication company KCOM for 504 million pounds ($651.42 million), sending KCOM shares soaring more than 30 percent.
Majestic Wine could sell its 200 or so branches in Britain as it shifts focus to its booming online business Naked Wines, the retailer said on Tuesday.