(Reuters) – Go-Ahead Group said on Thursday it had agreed to an increased buyout offer from Australia’s Kinetic Holding and Spain-based Globalvia Inversiones, valuing the transport operator at 669 million pounds ($811.83 million). Go-Ahead agreed in June to be bought by the consortium for 647.7 million pounds. Its shares have risen 24% since then. Under …
Go-Ahead Group agrees to higher offer from consortium Read More »
LONDON (Reuters) – Retailer Next, a mainstay of Britain’s shopping streets, defied the economic gloom on Thursday to lift its full-year sales and profit forecasts after warm weather in June and July spurred better-than-expected trade. With food retailers warning that shoppers were starting to cut their spending as inflation heads for double digits, analysts and …
UK retailer Next lifts outlook on strong clothing demand Read More »
(Reuters) – Georgia Hall said a home winner of this week’s Women’s British Open would help inspire more girls to take up the sport and that it was crucial for the country’s young athletes to have role models. Hall said her victory in the 2018 edition had “elevated” golf in Britain and that another home …
Golf-Home winner at Women’s British Open would inspire next generation: Hall Read More »
(Reuters) – British new car registrations fell about 9% in July from a year earlier, according to preliminary industry data released by the Society of Motor Manufacturers and Traders (SMMT) on Thursday. The SMMT expects supply issues to ease in the second half of the year but lowered 2022 outlook for new car registrations to …
SMMT says UK new car sales fell 9% in July, cuts 2022 outlook Read More »
By William Schomberg LONDON (Reuters) – The Bank of England is expected to raise interest rates by the most since 1995 on Thursday, even as the risks of a recession mount, in an attempt to stop a surge in inflation from becoming embedded in Britain’s economy. Most investors and economists predict the BoE will increase …
Bank of England on brink of biggest rate hike since 1995 Read More »
LONDON (Reuters) – Europe’s human rights court on Wednesday refused a request from the parents of a 12-year-old British boy with brain damage to intervene in a decision to remove life support. The verdict from the European Court of Human Rights (ECHR) follows unsuccessful appeals by 12-year-old Archie Battersbee’s parents at Britain’s highest courts for …
European court refuses to intervene in case of British boy on life support Read More »
LONDON (Reuters) – The chairman of failed luxury Caribbean hotel and resort developer Harlequin Group was convicted on Wednesday of defrauding 226 million pounds ($274 million) from more than 8,000 investors in Britain. David Ames was found guilty by a jury at London’s Southwark Crown Court of two counts of fraud by abuse of position, …
UK court convicts chairman of failed Harlequin Group over $274 million Caribbean fraud Read More »
By William James and Andrew MacAskill LONDON (Reuters) -Former British finance minister Rishi Sunak said it was still “early days” in the contest to replace Prime Minister Boris Johnson, as two opinion polls showed his rival Liz Truss had extended her lead in the race to be Britain’s next leader. The ruling Conservative Party is …
Trailing UK leadership candidate Sunak says contest is in ‘early days’ Read More »
LONDON (Reuters) – Britain’s Marks and Spencer (M&S) said on Wednesday it would stop selling disposable barbecues in order to reduce the risk of fires in dry conditions following a record heatwave. A number of supermarket chains in Britain, including Aldi and Waitrose, had already banned or limited sales of disposable barbecues, which are made …
UK’s M&S halts sales of disposable BBQs due to fire risk in dry weather Read More »
(Reuters) – Newly crowned women’s European champions England wrote an open letter to the next British Prime Minister on Wednesday calling for more opportunities for girls to play football in schools, saying the women’s game still has a long way to go. In a letter addressed to PM hopefuls Liz Truss and Rishi Sunak, the …
Soccer-England write to UK PM hopefuls seeking more opportunities for girls Read More »
