By Paul Sandle LONDON (Reuters) -Ad group WPP cut its outlook for the second time in as many quarters on Thursday as tech clients continued to cut back on marketing, growth slowed sharply at its media buying agency GroupM and China disappointed. The British company, whose agencies include Ogilvy, said it now expected like-for-like growth …
WPP slashes outlook again as China slowdown adds to tech woes Read More »
MILAN (Reuters) – BofA Global Research downgraded Barclays to underperform on Thursday, citing uncertainty over the UK bank’s restructuring and near-term risks to capital distributions. “A potential material, but unspecified, restructuring charge to deliver unspecified benefits over an unspecified time period adds to uncertainty about Barclays strategy and financial target,” wrote analysts at the U.S. …
Barclays downgraded by BofA on restructuring uncertainty Read More »
(Reuters) – Bloomsbury Publishing on Thursday forecast its full-year results to come in line with market expectations, after the Harry Potter publisher reported a higher first-half profit, buoyed by strong demand for its novels and academic resources. The publisher, best known for picking up J.K. Rowling’s Harry Potter series in 1997 after its rejection by …
Harry Potter publisher Bloomsbury sees annual profit in line with market view Read More »
LONDON (Reuters) -Britain will convene a meeting of the government’s COBRA emergency response committee on Thursday to consider its strategy and approach towards Gaza and the Israeli-Hamas conflict, Deputy Prime Minister Oliver Dowden told Times Radio. Britain is pushing for a humanitarian pause to the conflict, for Britons in Gaza to be able to leave …
UK to hold emergency response meeting on Israel-Gaza strategy Read More »
By Michael Holden LONDON (Reuters) -Two London police officers were sacked on Wednesday after being found guilty of gross misconduct over the stop-and-search of two Black athletes who were in a car with their baby outside their home, in a case that raised accusations of racial profiling. British sprinter Bianca Williams, 29, and her partner, …
Two London police officers sacked over search of two Black athletes Read More »
LONDON (Reuters) – “The Hunger Games” is set to open at a London theatre next year in the first live stage adaptation of Suzanne Collins’ novels and the hugely successful film franchise. Irish playwright, screenwriter and director Conor McPherson has adapted for theatre the first book in Collins’s young adult dystopian trilogy and the first film …
‘The Hunger Games’ to be turned into London stage play Read More »
(Reuters) – Britain’s competition regulator, on Wednesday, extended by eight weeks the deadline to complete its in-depth probe into Photoshop owner Adobe Inc’s $20 billion buyout of cloud-based designer platform Figma, to February 2024. In July, the Competition and Markets Authority (CMA) launched an in-depth, or phase two, investigation into the deal after Adobe said …
UK extends deadline on in-depth probe into Adobe’s $20 billion deal for Figma Read More »
By Andrew MacAskill and Alistair Smout LONDON (Reuters) -British Prime Minister Rishi Sunak said on Wednesday he supported a humanitarian pause in the conflict in Gaza between Israel and Hamas to allow the safe delivery of aid to civilians, but he rejected calls for a full ceasefire. Israel’s military intensified its bombing of southern Gaza …
British PM Rishi Sunak backs pause in Gaza conflict to allow aid in Read More »
LONDON (Reuters) – Britain’s Institute of Directors (IoD) said on Wednesday it has launched a commission to draft a voluntary code of conduct for directors to improve standards after the collapse of builder Carillion and retailer BHS eroded trust in business. The commission, headed by former Labour Party general secretary Iain McNicol, will run to …
UK business body says directors need extra code of conduct Read More »
By Sachin Ravikumar LONDON (Reuters) -A British police officer was jailed for life on Wednesday for grooming dozens of young girls into sharing explicit images of themselves through the messaging app Snapchat, in the latest shocking case involving a serving officer. Lewis Edwards, 24, admitted 162 offences of child sexual abuse against girls aged 10 …
British policeman who groomed children on Snapchat jailed for life Read More »
