U.K. retail sales rebounded at a faster than expected pace in October on non food store sales and a sharp decline in store prices. Retail sales volume including auto fuel advanced 0.8 percent in October from September, the Office for National Statistics reported Thursday. A similar 0.8 percent growth was last seen in April.
UK-based utility Centrica Plc. (CNA.L) Thursday slashed its full-year adjusted earnings per share forecast, citing several issues including mild weather in the UK and the Polar Vortex in North America. Full-year adjusted earnings per share in 2014 are now expected in the range of 19 pence to 20 pence, compared with the previous forecast of 21 pence to 22 pence.
Shares of Johnson Matthey Plc. were gaining around 4 percent in the early morning trading in London after the specialty chemicals firm reported Thursday higher pre-tax profit in its first half, benefited by increased sales in Emission Control Technologies segment. Total revenues, meanwhile, were hurt mainly by loss of commission revenue from Anglo American Platinum Limited.
Bank of England policymakers decided to leave its key rate at a historic low of 0.50 percent in a split vote for the fourth straight time at the meeting held on November 5 and 6, the minutes showed Wednesday. Policymakers raised concerns about inflation overshooting the target and there was a 'material spread of views' on the balance of risks to the outlook.
Royal Mail Plc (RMG.L), a provider of postal and delivery services in the UK, Wednesday said first-half pre-tax profit declined from the prior year, amid a fractional rise in revenues. But the firm said its performance remains in line with its expectations for the full year, even as it expects the own...
Inter-dealer broker ICAP Plc Wednesday reported a decline in the first-half profit, hurt by subdued trading volumes across Global Broking and EBS. Net profit, however, increased on lower restructuring charges.