The Bank of England left its key policy rates unchanged on Thursday, while Chancellor of Exchequer George Osborne said in his autumn statement that the economy is better placed than they had expected early this year. In his 2013 Autumn Statement, Osborne said Britain's economic plan is working and the hard work of the British people is paying off.
German drugmaker Merck KGaA Thursday said it has offered to acquire AZ Electronic Materials for 403.5 pence per share, valuing the company at around 1.6 billion pounds or $2.62 billion. AZ shares are surging more than 52 percent in initial trade.
UK-based low-cost airline easyJet Plc Thursday reported growth in passenger numbers for the month of November, while load factor marginally declined from the same month last year.
Luxury brand Mulberry Group Plc. (MUL.L) Thursday reported a lower profit for the first half, hit by higher costs, while revenue improved 2 percent. Further, the firm said that during the nine weeks to November 30, total retail sales were up 3 percent.