(Reuters) – British fund manager Liontrust Asset Management Plc on Wednesday reported net outflows of 632 million pounds ($779 million) in the last three months of 2022 due to volatile stock markets, negative investor sentiment and geopolitical concerns. ($1 = 0.8112 pounds) (Reporting by Amna Karimi in Bengaluru; Editing by Savio D’Souza)
(Reuters) -British industrial technology group Smiths Group on Wednesday forecast higher 2023 organic revenue, buoyed by strong demand for energy and industrial services. Smiths said its largest unit John Crane, which makes products for oil and gas producers, is ramping up supply to service strong demand. The group saw robust performance in aviation and construction …
Smiths Groups sees higher FY23 revenue on strong demand Read More »
LONDON (Reuters) -British electricals retailer Currys on Wednesday reported a further deterioration in trading at its Nordics business over the Christmas period but kept its recently downgraded financial guidance for its full year. The group said like-for-like revenue in its UK & Ireland business fell 5% in the ten weeks to Jan. 7 year-on-year but …
UK’s Currys keeps profit guidance despite deteriorating Nordics business Read More »
(Reuters) -WH Smith, a British retailer with stores in travel hubs across Europe and America, said on Wednesday its revenue had risen over the last 20 weeks as more people travelled over the Christmas holidays, the first not marred by COVID restrictions. The travel industry has seen a sharp rebound over the course of last …
Retailer WH Smith’s revenue jumps as travellers return Read More »
LONDON (Reuters) – British education group Pearson said it would post adjusted operating profit of about 455 million pounds ($560 million) for 2022, an 11% rise which puts it ahead of analyst expectations, on underlying sales which came in 5% higher. ($1 = 0.8127 pounds) (Reporting by Sarah Young; Editing by Kate Holton)
(Reuters) – British engineering firm GKN’s parent refuted claims of lapse of communication made by some holders of its euro medium-term notes (EMTNs) programme worth 2 billion pounds ($2.45 billion) who threatened to bring enforcement action. An ad hoc group holding over 72% of the EMTNs in a letter dated Jan. 16 to GKN alleged …
British engineer GKN’s parent refutes noteholders’ claims of improper conduct Read More »
By John Irish DAVOS, Switzerland (Reuters) – Spain’s foreign minister said on Tuesday that Madrid and London were closing in on a deal to find a definitive solution settling the post-Brexit status of Gibraltar. The status of Gibraltar and how to police the border with Spain has been a point of contention since Britain’s 2016 …
DAVOS 2023: Spain says ‘very close to deal’ with Britain on Gibraltar Read More »
By Pratima Desai LONDON (Reuters) – Commodity trader Trafigura is planning to take large amounts of copper from London Metal Exchange registered warehouses, two people familiar with the matter said, adding that the metal was likely to remain in Europe. Copper stocks in LME registered warehouses stand at 83,325 tonnes are already low. Cancelled warrants …
Trafigura plans to take large amounts of LME copper -sources Read More »
By Sarah Young LONDON (Reuters) – Hundreds of officers in London are likely be sacked for sexual and domestic abuse offences, Britain’s most senior policeman said on Tuesday as he sought to regain public trust after an officer admitted being a serial rapist. London’s Metropolitan Police (“the Met”), which has been rocked by scandals in …
Hundreds of police face sack as part of clean-up – UK top officer Read More »
LONDON (Reuters) – Tech platforms could be forced to remove videos that show “in a positive light” migrants arriving in Britain illegally using small boats, Culture Secretary Michelle Donelan said on Tuesday, as slated reforms seek to toughen digital laws. At the same time as toughening its Online Safety Bill to mean tech bosses could …
UK bill seeks to remove videos of migrant crossings Read More »
