United Kingdom

Sangameswaran S

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 .

UPDATE 2-William Hill ups U.S stakes with Eldorado sports betting deal

05 Sep 2018

* CEO sees positive impact on results from deal (Adds shares, context on betting industry, CEO, analysts comments)

UPDATE 2-Sluggish UK takes shine off earnings rise at recruiter Hays

30 Aug 2018

* UK and Ireland net fees up 2 pct (Adds shares, comments, CEO comments)

UK competition regulator starts formal probe of Sainsbury's-Asda deal

23 Aug 2018

Britain's competition regulator on Thursday launched a formal investigation into supermarket group Sainsbury's proposed 7.3 billion pounds ($9.3 billion) takeover of smaller rival Asda, the UK arm of Walmart .

UK retailer Headlam sees 2018 results at lower end of expectations

22 Aug 2018

British floor coverings distributor Headlam Group warned on Wednesday its full-year results would likely be at the lower end of analysts' expectations following a drop in first-half underlying sales, sending its shares down 6.6 percent.

New Rank boss spins wheel on turnaround plan after profit plunges

16 Aug 2018

Shares in Britain's Rank Group fell as much as 7 percent on Thursday after the bingo and casino hall operator posted a 40 percent drop in full-year profit and its new management announced a plan to boost revenue and cut costs.

Reckitt lifts full-year revenue target as Mead Johnson deal pays off

27 Jul 2018

British consumer goods maker Reckitt Benckiser bumped up revenue targets for the year, as the Dettol-maker benefited from its 13 billion pound deal to buy Mead Johnson, sending its shares up more than 8 percent.

Premier Foods CEO wins more time for turnaround

18 Jul 2018

LONDON Premier Foods' CEO survived a shareholder revolt to oust him on Wednesday, giving him more time to try turning around the ailing British food maker with steps such as divestments.

DFS, Dunelm warn on profit as consumer mood darkens

12 Jul 2018

British furniture retailers Dunelm and DFS provided more signs of a darkening consumer mood on Thursday, a summer heatwave and operational issues adding to headaches as both warned on full-year earnings.

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