UK News


Tesco-092214.jpg British supermarket chain Tesco Plc. (TSCO.L, TSCDY.PK) Monday said it overstated its profit forecast for the first half of the year by about 250 million pounds, and is looking into the impact this would have on the full year. The stock declined over 11 percent in early morning trade.

GSKi-091914.jpg GlaxoSmithKline Plc announced Friday that its Chinese unit GSK China Investment Co. Ltd or GSKCI was ordered to pay a fine of 297 million pounds or 3 billion Chinese yuan, after a Chinese court found the unit guilty of bribing non-government personnel.

Scotland-Referendum-091914.jpg In a historic referendum to decide whether Scotland should become independent from the United Kingdom, majority of voters polled against it. In a vote that saw an unprecedented turnout Thursday, the campaign in favor of Scotland remaining in the UK, "Better Together", received 2,001,926 votes, or 55 percent. The campaign in favor of Scottish independence, called "Yes Scotland", had the support o

UK-Retail-Sales-091814.jpg U.K. retail sales increased in August as sale of high powered vacuum cleaners and furniture, offset the decline in food store demand. Including auto fuel, retail sales volume increased 0.4 percent in August from July, when it remained flat, the Office for National Statistics reported Thursday. The monthly growth rate matched expectations.

Scotland-091814.jpg A historic referendum that decides the future of Scotland has begun. The Scots are voting Thursday on whether Scotland should become an independent country or stay in the United Kingdom. Voting opened at 7am local time in more than 2,600 polling stations, where voters are given the "Yes" and "No" options to the referendum question: "Should Scotland be an independent country?." More than four milli

EasyJet-091814.jpg Low-cost airline easyJet Plc. (ESYJY.PK, EZJ.L) Thursday said its board has decided to increase the dividend for the financial year ending September 30, citing the continued strong financial performance and confidence in the future.