(Reuters) – Irish food group Greencore Plc said on Thursday it expects its full-year outturn to be at the lower end of market expectations as industrial action and slow recovery from inflationary pressures hit demand and volumes. “It’s a difficult, volatile market, and the business has got off to a slower start to the year …
Food group Greencore forecasts bleaker annual outturn Read More »
By Simon Jessop LONDON (Reuters) – British wealth manager St. James’s Place said on Thursday it had weathered a tough market backdrop to take in 2.1 billion pounds ($2.6 billion) in net new money in the fourth quarter, to help record its second-best year for asset raising. After reporting record highs in assets under management …
St. James’s Place rides market flux, draws in $2.6 billion in net new money in Q4 Read More »
By Suban Abdulla LONDON (Reuters) – Britain’s commercial real estate sector is increasingly feeling the pinch of higher borrowing costs, as investor enquiries declined in the fourth quarter and the outlook for the year ahead worsened, an industry survey showed on Thursday. The Royal Institution of Chartered Surveyors (RICS) said 83% of respondents to its …
UK commercial property extends downturn as investors retreat: RICS Read More »
By Huw Jones LONDON (Reuters) – Britain’s regulators can be slow, inefficient and unpredictable, raising costs and slowly damaging the financial sector’s global competitiveness, industry body TheCityUK said in a report. Complex, opaque and slow authorisations, such as for a new chief executive or a new product, can discourage growth and investment, the report published …
British banking damaged by slow supervisors warns industry report Read More »
LONDON (Reuters) – British Prime Minister Rishi Sunak said on Wednesday there was a window of opportunity for international partners to speed up efforts to support Ukraine in its conflict against Russia. “The Prime Minister said it was now clear Russia was on the back foot, and there was a window for international partners to …
UK’s Sunak: There is a window to speed up global efforts to support Ukraine Read More »
By James Pearson LONDON (Reuters) – A Russia-based hacking group named Cold River is behind an expansive and ongoing information-gathering campaign that has struck various targets in government, politics, academia, defence, journalism, and activism, Britain said on Thursday. In an advisory, the National Cyber Security Centre (NCSC), part of Britain’s GCHQ eavesdropping intelligence agency, said …
Britain sounds alarm on Russia-based hacking group Read More »
By David Milliken LONDON (Reuters) – British income inequality rose to a three-year high in the 2021/22 financial year after a dip during the coronavirus pandemic, but remains below peaks seen in the run-up to the 2008 financial crisis, official figures showed on Wednesday. The median British household had after-tax income – including wages, cash …
LONDON (Reuters) -British health minister Steve Barclay said on Wednesday a COVID-19 booster vaccination would be offered in autumn this year for those at higher risk of severe disease. Earlier on Wednesday Britain’s vaccine advisers, the Joint Committee on Vaccination and Immunisation, said plans should be made to offer such a booster vaccination. It also …
UK to give COVID booster dose to higher-risk groups in autumn Read More »
LONDON (Reuters) -British Prime Minister Rishi Sunak has defended the appointment of his Conservative Party chairman, saying he was not aware of any tax issues at the time but had launched an investigation as soon as questions were raised. Questions over the tax affairs of Nadhim Zahawi have dogged the prime minister for a week, …
UK PM Sunak defends Conservative chairman appointment Read More »
By Andy Bruce MANCHESTER, England (Reuters) -Britain should take a lesson from Germany to address huge disparities between the wealthy southeast of England and elsewhere in the country, leaders of northern English cities and regions said on Wednesday. Academics have long singled out Britain for high levels of regional inequality compared to other advanced economies, …
UK needs German lesson in equality, northern English leaders say Read More »
