By Amanda Cooper LONDON (Reuters) – The pound dipped on Thursday, but still headed for a fourth weekly gain versus the dollar, after another round of UK data fed into the view that the Bank of England may not have as much scope to cut rates at its August meeting. Official UK data showed average …
(Reuters) -British betting firm Evoke warned on Thursday first-half earnings would miss its expectations after weaker than expected online revenue growth in the second quarter and subdued returns from marketing, hitting its shares. Shares in the company, whose brands include William Hill, 888 and Mr Green, fell more than 8% in early trade, the biggest …
Bookmaker Evoke warns on profit after weak online revenue growth Read More »
(Reuters) -British investment platform AJ Bell recorded a 20% year-on-year jump in its third-quarter assets under administration (AUA) for its platform business on Thursday, helped by a revival in investor sentiment. Stabilising market conditions and a slew of price reductions have reeled in new business for the investment platform. The company had recorded higher outflows …
AJ Bell posts higher AUA on recovering investor sentiments Read More »
(Reuters) – International Distribution Services (IDS), the owner of Britain’s Royal Mail, reported an 8.2% rise in revenue for the first quarter of fiscal 2025 on Thursday, supported by strong parcel demand and more postal votes during the UK elections. IDS, which agreed to a 3.57-billion-pound ($4.63 billion) takeover by Czech billionaire Daniel Kretinsky in …
Royal Mail parent IDS’ quarterly revenue rises on strong parcel demand Read More »
(Reuters) -Britain’s Premier Foods on Thursday reported a rise in first-quarter sales on the back of strong branded sales growth, and maintained its forecast for the year. The company has seen continued growth and demand for its grocery business with more shoppers buying its brands such as Mr Kipling, Nissin and The Spice Tailor. “We …
Mr Kipling maker Premier Foods’ Q1 sales jump 5.3% Read More »
By Hanna Rantala LONDON (Reuters) – More than 14,000 objects collected, created or customised by British hobbyists are shown together for the first time in a major exhibition exploring the UK’s hobbies. Titled “Come As You Really Are”, the exhibition was conceived by artist Hetain Patel, whose own works include labour intensive homemade Spider-Man costumes …
From 4,000 My Little Pony toys to quilts, exhibit celebrates UK hobbies Read More »
MADRID (Reuters) -Spanish authorities confirmed on Tuesday that a body found in a remote area of the island of Tenerife a day earlier was that of missing British teenager Jay Slater and the injuries sustained were compatible with an accidental fall. “We have a positive ID,” a court spokesperson said. “Fingerprinting confirms that the body belongs …
Missing UK teen Slater’s family ‘brokenhearted’ as Spain authorities confirm body found Read More »
By Andrew MacAskill LONDON (Reuters) -Britain’s new Labour government set out its first package of proposed laws on Wednesday as Prime Minister Keir Starmer tries to deliver on his promise to rebuild the country. The King’s Speech – given by the monarch but written by government ministers – opens the new session of parliament. Below …
Factbox-The King’s Speech: A guide to the new UK government’s proposed laws Read More »
By Andrew MacAskill, Elizabeth Piper and Alistair Smout LONDON (Reuters) -Britain’s King Charles set out Prime Minister Keir Starmer’s legislative agenda on Wednesday, promising a government of service focused on reviving the economy and tackling issues from an acute housing shortage to a cost of living crisis. In a ceremony full of pageantry, before an …
King Charles sets out new Labour government’s priorities Read More »
By Purvi Agarwal and Roshan Abraham (Reuters) -Britain’s FTSE 100 closed higher on Wednesday as geopolitical risks drove gains in defensive sectors such as healthcare and consumer goods, while stronger-than-expected UK inflation data eased bets of rate cuts from the Bank of England (BoE). The blue-chip FTSE 100 index rose 0.3%, recovering from losses of …
FTSE 100 closes higher as defensive stocks offset inflation jitters Read More »
