United Kingdom

Sangameswaran S

Pubs group JD Wetherspoon says rising wages to hit results

07 Nov 2018

Rising wages will hit results at JD Wetherspoon this financial year, the budget British pubs group said on Wednesday, sending its shares as much as 6 percent lower in early trade.

Mothercare to cut 200 jobs in restructuring

31 Oct 2018

Mother and baby products chain Mothercare Plc has told about 200 employees their jobs will be terminated as part of a restructuring, the struggling British-based retailer said on Wednesday.

William Hill offers to buy Sweden's Mr Green & Co for $308 million.

31 Oct 2018

William Hill Plc has offered to buy Swedish-listed Mr Green & Co AB (MRG) for around $308 million (242 million pounds) as the British gambling company expands its digital businesses and strengthens its European operations ahead of Brexit.

Ex-HSBC chair Flint heads to Standard Life Aberdeen

31 Oct 2018

LONDON Britain's biggest listed investment manager Standard Life Aberdeen said on Tuesday it had appointed Douglas Flint, former chairman of HSBC , to lead its board from January.

UPDATE 2-British fashion retailer N Brown drops on margin, dividend cuts

11 Oct 2018

* Shares down 21 pct to 109.16 pence at 0948 GMT (Releads, adds analyst comment, context, updates shares)

Patisserie Valerie finds accounting errors, suspends CFO

10 Oct 2018

The owner of British café chain Patisserie Valerie was plunged into turmoil on Wednesday after discovering accounting irregularities and that tax authorities were pursuing its main trading arm for more than 1 million pounds ($1.3 million).

Shares in French Connection surge on prospect of sale

08 Oct 2018

French Connection shares rose as much 45 percent on Monday after the British fashion retailer said the company could be sold as it reviews its strategic options.

Indivior slashes revenue outlook for Sublocade, shares tank

26 Sep 2018

Indivior Plc cut its expectations for revenue from injectable opioid addiction drug Sublocade on Wednesday and said it had "substantially underestimated" the delay in getting the drug to patients although it remained confident of its potential.

Imperial Brands eyes $2 billion boost from vaping products

25 Sep 2018

Imperial Brands expects alternatives to smoking such as vaping pens and a heated tobacco device to add up to 1.5 billion pounds ($2 billion) to its revenues by 2020, the British tobacco company said on Tuesday.

William Hill ups U.S stakes with Eldorado sports betting deal

05 Sep 2018

Britain's William Hill expanded further into the United States on Wednesday, signing a 25-year sports betting deal with casino operator Eldorado Resorts Inc .

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