Reuters UK Business

By Maggie Fick LONDON (Reuters) – Britons paying privately for obesity drugs are increasingly choosing Eli Lilly’s Mounjaro over Novo Nordisk’s Wegovy, online pharmacies say, in a sign the U.S. drugmaker is gaining ground on its European rival. Mounjaro is appealing to people because of its greater efficacy, six online pharmacies and two patients told …

Lilly’s Mounjaro more popular than Wegovy in UK’s private obesity drug market Read More »

(Reuters) – Britain’s competition regulator said on Friday it was launching a probe into asset management firm BlackRock’s 2.55 billion pounds ($3.22 billion) acquisition of UK data firm Preqin. The Competition and Markets Authority has set Feb. 12 as the deadline for its Phase 1 decision of the probe into the deal announced in June. …

UK competition watchdog launches probe into $3.22 billion Blackrock-Preqin deal Read More »

(Reuters) -Swiss reinsurer Swiss Re on Friday said it is targeting net income of $4.4 billion for 2025, compared to a mean net income estimate of $4.42 billion for 2025 provided by LSEG. The company said its property and casualty reinsurance business targets a reported combined ratio of less than 85% for 2025, while its …

Swiss Re targets net income of more than $4.4 billion for 2025 Read More »

LISBON (Reuters) – Carlos Tavares, who abruptly resigned as CEO of carmaker Stellantis on Dec. 1, said his “amicable” departure was motivated by disagreements with the board over strategy, in an interview published late on Thursday. He did not go into details on his differences with the board of the Franco-Italian automaker, but told Portuguese …

Tavares says ‘amicable’ Stellantis exit was due to disagreements on strategy Read More »

By Suban Abdulla WORCESTER, England (Reuters) – An acute shortage of construction workers could undermine the foundations of British government plans to get 1.5 million homes built by 2029 in England to help drive economic growth. Prime Minister Keir Starmer’s Labour Party won July’s election on a pledge to boost growth and improve infrastructure, as …

Analysis-Worker shortages raise doubts over Britain’s plan to build for growth Read More »

(Reuters) – The British public’s expectations for inflation in five years’ time hit their highest level since mid-2022, according to a survey by the Bank of England which has stressed it is taking a gradual approach to cutting interest rates. The median expectation for inflation five years ahead rose to 3.4% in November, the highest …

UK public predicts more inflation, underlining ‘gradual’ BoE stance Read More »