Reuters UK Business

Irish house prices record fastest monthly growth since November

DUBLIN (Reuters) -Irish house prices registered monthly growth of 0.9% in June, the highest rate since November last year, Central Statistics Office data showed on Wednesday. Home prices across the country grew by 7.8% in the year to June, a rate unchanged from the previous month, the data showed. (Reporting by Conor Humphries;Editing by Alison …

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US-EU trade deal not far from ECB’s baseline forecast, Lagarde says

FRANKFURT (Reuters) -The trade deal between the U.S. and the EU is close to the baseline assumed by the European Central Bank, but uncertainty persists in key sectors like pharmaceuticals and semiconductors, ECB President Christine Lagarde said on Wednesday. The EU accepted 15% tariffs on most items in the deal agreed last month, averting an …

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ASR Nederland beats first-half forecasts on strong life insurance growth

By Jakob Van Calster (Reuters) -ASR Nederland’s organic capital creation grew 9.4% to 721 million euros ($839 million) in the first half of 2025, beating analysts’ consensus by 25 million euros, as a Dutch pension reform drove growth in its life insurance business. The reform is driving pension funds to transfer part of their obligations …

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UK’s Ithaca Energy lifts annual production forecast for second time this year

(Reuters) -Ithaca Energy, a North Sea-focused oil and gas company, raised its 2025 production forecast on Wednesday for the second time in three months, after first-half production more than doubled, sending its shares 7% higher. The London-listed producer has been expanding its portfolio through acquisitions in the past year, including its purchase of Eni’s UK …

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M&S food sales growth accelerates as cyber hack impact fades, NielsenIQ data shows

LONDON (Reuters) -British retailer Marks & Spencer recorded a 6.7% year-on-year increase in food sales over the 12 weeks to August 9 as the impact of a cyberattack in April faded from the figures, industry data showed on Wednesday. Researcher NielsenIQ said M&S’ grocery sales growth accelerated from 4.3% in last month’s report. Its market …

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Plumbing supplier Geberit reports Q2 profit miss

By Anastasiia Kozlova (Reuters) -Building materials supplier Geberit on Wednesday posted second-quarter earnings below analysts’ expectations and said it expects a continued decline in new construction activity across Europe in the second half. Core profit (earnings before interest, taxes, depreciation and amortisation) came in at 236.9 million Swiss francs ($293.23 million), down 2.3% from 242.6 …

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