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British Business - May 20

May 20 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Billions could be wiped off the valuation of Klarna, the "buy now, pay later" fintech business, amid regulatory scrutiny, increased competition and a broader sell
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UK Stocks-Factors to watch on May 17

May 17 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening higher on Tuesday, with futures FFIc1 up 0.4%. * LAND SECURITIES: Land Securities LAND.L reported a swing to annual profit on Tuesday, driven by record leasing in its London offices and a return to growth in major retail destinations. * ASTRAZENECA: AstraZeneca AZN.L is paying up to
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UK Stocks-Factors to watch on May 17

May 17 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening higher on Tuesday, with futures FFIc1 up 0.4%. * DRAX: British power generator Drax DRX.L has applied to build a new 500 million pound ($613 million) underground pumped storage hydro power station at its existing Cruachan hydro plant in Scotland, the company said on Tuesday. * RYANAI
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British Business - May 17

May 17 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - The Bank of England is facing its biggest test of credibility in 25 years of independence, according to its governor Andrew Bailey, who appeared before a Treasury
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UK Stocks-Factors to watch on May 12

May 12 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening lower on Thursday, with futures FFIc1 down 1.5%. * ROLLS-ROYCE: Rolls-Royce RR.L traded in line with expectations in the first four months of the year, the engine manufacturer said on Thursday, helped by a gradual return to flying and increased government investment in defence. * BT:
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UK Stocks-Factors to watch on May 11

May 11 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening higher on Wednesday, with futures FFIc1 up 0.5%. * TP ICAP: TP ICAP TCAPI.L , the world's largest inter-dealer broker, said its first-quarter revenue rose 14% as heightened market volatility spurred global trading opportunities. * ITV: British broadcaster ITV ITV.L reported a "robust
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UK Stocks-Factors to watch on May 11

May 11 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening higher on Wednesday, with futures FFIc1 up 0.4%. * TESCO: Britain's advertising regulator has banned five adverts for Tesco's TSCO.L mobile phone business, saying its use of the words "shiitake" and "pistachio" alluded to expletives and were offensive. * ECONOMY: Britain is on course
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British Business - May 11

May 11 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Tesla Inc's TSLA.O factory in Shanghai has scaled back production after being hit by supply chain problems, only three weeks after work restarted there. Link - Pf
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UK Stocks-Factors to watch on May 6

May 6 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening lower on Friday, with futures FFIc1 down 0.17%. * IHG: Intercontinental Hotels Group IHG.L signalled a sharp recovery in the hospitality sector as people gradually resume leisure and business travel after countries eased pandemic-related restrictions. * IAG: British Airways-owner IAG
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UK Stocks-Factors to watch on May 6

May 6 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening lower on Friday, with futures FFIc1 down 0.25%. * EVRAZ: The British government said it had sanctioned Evraz, whose biggest shareholder is sanctioned billionaire Roman Abramovich, in response to Russia's invasion of Ukraine. * MCCOLL'S: Struggling British convenience shop chain MCLSM.
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Britain delays full post-Brexit import checks until late 2023

* UK says inflation pressures mean delay to new rules needed * Delayed checks include sanitary tests at borders * Researchers say Brexit has added 6% to food prices * EU imposed its full controls immediately last year By Muvija M and William Schomberg LONDON, April 28 (Reuters) - Britain has delayed imposing its full post-Brexit import controls on
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UK Stocks-Factors to watch on April 28

April 28 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening higher on Thursday, with futures FFIc1 up 0.73%. * BARCLAYS: Barclays BARC.L put share buyback plans on hold due to scrutiny by U.S. regulators of a trading blunder it announced last month, piling early pressure on new CEO C.S. Venkatakrishnan. * GLENCORE: Miner and trader Glencore
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Britons look to discounters as grocery inflation hits highest in more than a decade

* UK grocery inflation hits 5.9% * Sales down 5.9% over 12 weeks to April 17 * Aldi is fastest growing grocer * Sales of cooking oil soar By James Davey LONDON, April 26 (Reuters) - British grocery inflation hit 5.9% in April, its highest level since December 2011, forcing shoppers to seek out value, increasingly at discounters Aldi and Lidl, indus
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Asda, Morrisons cut prices of key items amid British spending squeeze

* Asda cuts the prices of over 100 essential items * Asda to invest 73 mln stg to lower prices * Morrisons cuts the prices of over 500 products (Recasts with Asda price cuts) By James Davey LONDON, April 25 (Reuters) - Asda and Morrisons said they would cut the prices of essential items on Monday, ratcheting-up competition in Britain's food retail
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UK economy stumbles as consumers, firms brace for downturn

* UK retail sales fall 1.4% in March, far more than expected * Consumer confidence approaches record low levels * S&P Global business survey shows growth slowing, gloomy outlook * Bailey says BoE walks tightrope between inflation and recession By Andy Bruce and William Schomberg LONDON, April 22 (Reuters) - Britain's economy is losing steam as hous
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UK Stocks-Factors to watch on April 14

April 14 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening higher on Thursday, with futures FFIc1 up 0.3%. * DUNELM GROUP: Dunelm DNLM.L said on Thursday its total sales jumped in the third quarter, as the British homeware retailer benefited from the reopening of stores after coronavirus curbs were eased. * HAYS: British recruitment agency
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UK Stocks-Factors to watch on April 14

April 14 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening higher on Thursday, with futures FFIc1 up 0.3%. * SHELL-PETROBRAS: Brazil's Petrobras PETR4.SA said it received 5.26 billion reais ($1.12 billion) from Shell SHEL.L regarding the compensation on the latter's 25% stake in the Atapu oil block. * CARETECH-SHEIKH HOLDINGS: The co-found
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British Business - April 14

April 14 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Messages between Essex-based oil traders said to have made more than $700 million from the 2020 oil price crash provide a "highly plausible inference" that they
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UK Stocks-Factors to watch on April 13

April 13 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening flat on Wednesday, with futures FFIc1 down 0.07%. * TESCO: Tesco TSCO.L , Britain's biggest retailer, reported a 35.8% rise in annual profit but cautioned profit was likely to fall in the current year given the tough external environment. * GSK: Britain's GlaxoSmithKline GSK.L has
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UK Stocks-Factors to watch on April 13

April 13 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening lower on Wednesday, with futures FFIc1 down 0.18%. * SLATE-MCKAY: Canada-based Slate Asset Management said it does not plan to make an offer to buy Britain's McKay Securities MCKS.L , weeks after the private investment group hinted it was considering a proposal for the commercial p
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