United Kingdom

Tanishaa Nadkar

Ladbrokes parent GVC sees profit beat as UK betting shops outperform

15 Aug 2019

Ladbrokes-owner GVC Holdings sees earnings beating expectations this year as its UK betting shops fare better than feared in the face of stricter regulation on fixed-odds betting terminals.

Coca-Cola HBC profit falls short on costs, tough European market

08 Aug 2019

Swiss-based soft drink bottler Coca-Cola HBC's first-half operating profit missed analyst expectations on Thursday, dragged down by higher costs, sluggish growth in its established markets and an unseasonable cool start to the European summer.

InterContinental plays down impact in China of growing trade tensions

06 Aug 2019

InterContinental Hotels Group played down any hit from the trade standoff between Beijing and Washington, saying few of its business customers in China were from outside the country and it was anyway well spread globally to absorb any impact.

UPDATE 2-Majestic Wine sells units to Softbank's Fortress in online push

02 Aug 2019

* Fortress to buy retail and commercial units for 100 mln pounds

UK mall operator Intu's shares slump as retail failures weigh

31 Jul 2019

Shares in British shopping centre operator Intu sank more than 21% on Wednesday after reporting a fall in first-half net rental income on Wednesday, the latest sign of weakness in a struggling British retail sector.

UPDATE 2-UK's Mothercare sees no growth in annual profit as shoppers turn gloomy

26 Jul 2019

* Interactive graphic on Mothercare's performance here https://tmsnrt.rs/2HWV8dn (Adds details on sector, debt, share price)

Game of Thrones inspired scotch boosts Diageo's sales

25 Jul 2019

Diageo , the world's largest spirits company, reported higher annual profit on Thursday, helped by growth across all its markets and the popularity of its "Game of Thrones" inspired scotch. | Video

Slug and Lettuce owner to buy pub chain Ei for 1.3 billion pounds

18 Jul 2019

Slug and Lettuce pub chain owner Stonegate on Thursday said it agreed to buy larger rival Ei Group for 1.27 billion pounds, taking control of some 4,000 additional pubs to become Britain's biggest pub operator.

UPDATE 2-Irn-Bru maker A.G. Barr sinks on profit warning

16 Jul 2019

* Poor weather and brand challenges also hurt performance (Adds details on pricing, shares, analyst comments)

Macquarie's MEIF 6 Fibre unit to buy UK telecoms firm KCOM

12 Jul 2019

Macquarie unit MEIF 6 Fibre Ltd is to buy KCOM Group Plc in a deal that values the British telecoms company at 627 million pounds ($787.5 million), ending a bidding war with a UK pension fund.

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