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UNITED KINGDOM

Jimmy Choo in London IPO for Asia growth
Jimmy Choo in London IPO for Asia growth

LONDON, UK: Shoemaker to the stars Jimmy Choo unveiled plans for a London stock market listing valuing it at up to £800m. The money will be used to fund expansion in Asia.

25 Sep 2014 08:57

UNITED KINGDOM

Phones 4 U collapses in UK putting jobs on the line
Phones 4 U collapses in UK putting jobs on the line

LONDON, UK: British mobile phone retailer Phones 4U has collapsed into administration, putting more than 5,500 jobs at risk, the group said.

16 Sep 2014 12:56

UNITED KINGDOM

UK bosses earn 143 times more than workers
UK bosses earn 143 times more than workers

LONDON, UK: The heads of Britain's largest companies earned 143 times more than their average employee last year, a study has revealed, exposing the growing pay gap between bosses and workers.

19 Aug 2014 11:19

UNITED KINGDOM

YouTube resists WIN's music streaming ultimatum
YouTube resists WIN's music streaming ultimatum

LONDON, UK: The independent music trade organisation said YouTube had refused to withdraw threats over the company's plans to launch a music streaming service, despite 24 hours of negotiations.

26 May 2014 09:06

UNITED KINGDOM

Murdoch targets creation of pan-European pay TV company
Murdoch targets creation of pan-European pay TV company

LONDON, UK: Media mogul Rupert Murdoch launched an ambitious bid to create a pan-European television company to tackle fierce competition, rapid sector consolidation, and aggressive bidding wars for live football rights.

13 May 2014 09:56

UNITED KINGDOM

Vodafone expands European empire with Ono takeover
Vodafone expands European empire with Ono takeover

LONDON, UK: Vodafone has agreed to buy Spanish cable firm Ono as the British mobile phone company stepped up its expansion in Europe using the proceeds from the sale of its US joint venture stake.

18 Mar 2014 07:10

UNITED KINGDOM

Candy Crush empire worth up to US$7.6bn?
Candy Crush empire worth up to US$7.6bn?

LONDON, UK: King Digital Entertainment, the British developer behind the wildly-addictive mobile game Candy Crush, said that it could be valued at up to US$7.6bn in its eagerly-awaited upcoming flotation.

13 Mar 2014 07:48

UNITED KINGDOM

Vodafone India buys spectrum licences for £1.9bn
Vodafone India buys spectrum licences for £1.9bn

LONDON, UK: Vodafone's Indian division has bought spectrum licences for £1.9bn tapping deeper into emerging markets amid tough trade in Europe.

17 Feb 2014 09:45

UNITED KINGDOM

Dry weather in Brazil drives up coffee price
Dry weather in Brazil drives up coffee price

LONDON, UK: The price of coffee rose to the highest levels for months on Tuesday, 4 February 2014, because of exceptionally dry weather in Brazil which could crimp harvests in the country, the world's biggest producer and exporter.

5 Feb 2014 09:01

UNITED KINGDOM

Further IT glitch hits UK bank customers
Further IT glitch hits UK bank customers

LONDON, UK: Britain's Lloyds banking group apologised on Sunday, 26 January, after many of its debit card customers were left unable to access their money following a server glitch.

27 Jan 2014 07:42

UNITED KINGDOM

Tesco reports falling sales over key Christmas period
Tesco reports falling sales over key Christmas period

LONDON, UK: Tesco said that group sales dripped by 3.2% during the all-important Christmas trading period, dealing a fresh blow to Britain's biggest retailer.

10 Jan 2014 06:26

UNITED KINGDOM

Technology companies call on US to reform surveillance laws
Technology companies call on US to reform surveillance laws

LONDON, UK: At least eight leading US-based technology companies have called on Washington to overhaul its surveillance laws following revelations of online eavesdropping by fugitive US intelligence whistle-blower Edward Snowden.

10 Dec 2013 06:56

UNITED KINGDOM

RBS admits to decades of under-investment
RBS admits to decades of under-investment

LONDON, UK: The head of Royal Bank of Scotland admitted on Tuesday (3 December) that it had failed to invest in its information technology systems for decades, after a glitch left customers of the state-rescued bank unable to access cash for three hours.

4 Dec 2013 07:46

UNITED KINGDOM

Vodafone's after tax earnings of £17.95bn
Vodafone's after tax earnings of £17.95bn

LONDON - British mobile phone giant Vodafone said Tuesday that it surged back into first-half profit on a huge taxation credit, and pledged to invest after the sale of its US division.

13 Nov 2013 08:58

UNITED KINGDOM

Vodafone now owns Kabel Deutschland
Vodafone now owns Kabel Deutschland

LONDON, UK: British mobile phone company Vodafone said Monday, 14 October, that the group has now completed its €7.7bn purchase of Kabel Deutschland.

15 Oct 2013 06:40

UNITED KINGDOM

Eight arrested over e-theft from Barclays in London
Eight arrested over e-theft from Barclays in London

LONDON, UK: British police said they have arrested eight men after a gang stole £1.3m from Barclays bank by taking control of a branch computer system.

23 Sep 2013 08:07

UNITED KINGDOM

UK arrests 12 over 'cyber plot' to steal from Santander bank
UK arrests 12 over 'cyber plot' to steal from Santander bank

LONDON, UK: British police said they have arrested 12 men over a "sophisticated" plot to remotely take control of a computer at a branch of Santander bank and steal millions of pounds.

16 Sep 2013 05:13

UNITED KINGDOM

Spur's earnings up 22.4% to 156.64c
Spur's earnings up 22.4% to 156.64c

Spur Corporation has reported a 22.4% rise in diluted headline earnings per share to 156.64c, up from 127.95c a year ago, for the year to June‚

13 Sep 2013 08:38

UNITED KINGDOM

Jaguar Land Rover to create 1,700 jobs in UK
Jaguar Land Rover to create 1,700 jobs in UK

LONDON, UK: Indian-owned luxury carmaker Jaguar Land Rover said on Tuesday (9 September) that it will create 1,700 jobs at a plant in central England in a £1.5bn investment.

10 Sep 2013 12:57

UNITED KINGDOM

Retail banking: Mortgages, loans and credit cards top consumer online queries
Retail banking: Mortgages, loans and credit cards top consumer online queries

LONDON, UK: Analysis of the latest quarterly online search data for the retail banking sector from leading independent digital marketing agency, Greenlight, reveals queries pertaining to mortgages dominated consumer searches in July.

6 Sep 2013 07:10

UNITED KINGDOM

Vodafone and Verizon in US$130bn mega-deal
Vodafone and Verizon in US$130bn mega-deal

LONDON, UK: Verizon on Monday, 2 September said that it had agreed to buy Vodafone's 45% in Verizon Wireless from the British company for US$130bn.

4 Sep 2013 06:48

UNITED KINGDOM

Consumer searches for insurance at their highest
Consumer searches for insurance at their highest

LONDON, UK: Consumer online searches for insurance have been at their highest yet this year, reveals the latest report from leading independent digital marketing agency, Greenlight.

29 Aug 2013 08:36

UNITED KINGDOM

AstraZeneca buys US cancer drugs firm
AstraZeneca buys US cancer drugs firm

LONDON, UK: AstraZeneca said on Tuesday (27 August) that it has agreed to buy US-based cancer drugs company Amplimmune, as the Anglo-Swedish pharmaceutical group seeks to bolster its flagging pipeline of new products.

28 Aug 2013 09:01

UNITED KINGDOM

EasyJet deal rankles founder
EasyJet deal rankles founder

LONDON, UK: EasyJet is likely to go ahead and buy 135 Airbus single-aisle A320 passenger planes even though EasyJet's founder and biggest shareholder, Stelios Haji-Ioannou, said on Monday (1 July) that he would vote against this plan.

2 Jul 2013 09:21

UNITED KINGDOM

Penguin, Random House unite
Penguin, Random House unite

LONDON, UK: British publisher Pearson and Germany's Bertelsmann have completed a deal to create a publishing firm, Penguin Random House, the parent groups announced on Monday (1 July).

2 Jul 2013 09:06

UNITED KINGDOM

Google boss says company is doing 'right thing' on tax
Google boss says company is doing 'right thing' on tax

LONDON, UK: Google boss Eric Schmidt insisted on Wednesday his company was trying to do the "right thing" as it faces criticism in Britain over the amount of tax it pays, saying it was for countries not companies to decide tax policies.

23 May 2013 10:14

UNITED KINGDOM

Google branded as 'evil' by lawmaker
Google branded as 'evil' by lawmaker

LONDON - A senior British lawmaker on Thursday (16 May) described Google as "evil" and accused the US internet company of unethically avoiding paying vast amounts of tax in Britain.

17 May 2013 08:11

UNITED KINGDOM

Britain to stop aid to SA in 2015
Britain to stop aid to SA in 2015

LONDON, UK: Britain announced on Tuesday (30 April) that it will cut off direct aid to South Africa in 2015, citing its status as Africa's biggest economy as the reason for the decision.

2 May 2013 09:17

UNITED KINGDOM

Colds and flu boost Reckitt Benckiser
Colds and flu boost Reckitt Benckiser

LONDON, UK: British household goods and drugs firm Reckitt Benckiser on Monday (22 April) posted higher first-quarter sales, boosted by a prolonged colds and flu seasons in North America and Europe.

23 Apr 2013 07:49

UNITED KINGDOM

Google 'justifies' not paying taxes
Google 'justifies' not paying taxes

LONDON, UK: A top Google executive on Monday (22 April) insisted that the company's "key" role in developing Britain's electronic commerce should be taken into account in the row it faces over its controversial tax arrangements.

23 Apr 2013 06:32

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