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AssociatedBritishFoods


Actualités

Financial Times - Nov 15

Nov 15 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines - Primark's site crashes after it launches click-and-collect service - KPMG reaches 5 million pounds settlement over Watchstone audit negligence claim - Bank of Ireland appoints Myles O'Grady as chief - Joules set to enter administration after failing to secure fresh funding Overview - Primark's website temporarily crashed on Monday
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UK retailers sales growth sinks to new post-COVID low - BDO

LONDON, Oct 7 (Reuters) - British retailers last month saw their slowest sales growth since shops reopened after COVID-19 lockdowns as consumers reined in spending amid a worsening cost-of-living crunch, a survey from business advisory firm BDO said on Friday. It said total like-for-like sales in September increased by 2.8% year-on-year. That outcome followed a rise of 3.6% in August, which was the previous lowest post-COVID performance.
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UK retail sales plunge, underlining risk of recession

* UK retail sales drop 1.6% m/m in August vs 0.5% forecast * ONS says all retail sectors affected by decline * Data underline recession risk in UK * Primark, ASOS and Ocado have all warned on profit this month By Andy Bruce LONDON, Sept 16 (Reuters) - British retail sales fell much more than expected in August, in another sign that the economy is sliding into recession as the cost of living crunch squeezes households' disposable spending.
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British Business - Sept 9

Sept 9 (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 Britain's Queen Elizabeth, the longest-reigning monarch of the country, has died aged 96 at Balmoral Castle. Link The European Central Bank today unleashed its largest ever interest rate rise of 75 basis points and signalled more monetary tightening to tame record inflation in the eurozone.
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UK Stocks-Factors to watch on Sept 8

Sept 8 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher, with futures FFIc1 up 0.25% on Thursday. * DARKTRACE/THOMA BRAVO: Tech investment firm Thoma Bravo said on Thursday it would not make an offer for British cyber-security company Darktrace DARK.L * MELROSE: Melrose Industries MRON.L , the turnaround specialist that owns British engineer GKN, said on Thursday it plans to separate GKN Automotive and GKN Powder Metallurgy businesses from the group, and list the new holding com
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Financial Times - July 22

July 22 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines - Pfizer and Flynn fined 70 mln stg by UK regulator for epilepsy drug price rises Link - EDF pushes UK government to alter Hinkley Point C penalty clauses Link - Tata threatens to close Port Talbot steelworks without 1.5 bln stg of aid Link - Marks and Spencer finance chief to depart retailer and join Primark owner ABF Link Overview
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UK Stocks-Factors to watch on July 21

July 21 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening flat on Thursday, with futures FFIc1 up 0.10%. * SSE PLC: British power company SSE Plc SSE.L said its first-quarter performance slightly exceeded its expectations and reiterated its forecast for the full year. * ANGLO AMERICAN: Global miner Anglo American AAL.L reported a 9% fall in second-quarter output.
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UK Stocks-Factors to watch on June 20

June 20 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening higher on Monday, with futures FFIc1 up 0.24%. * AB FOODS: Associated British Foods ABF.L said its Primark fashion business, which has shunned the extra cost of home delivery, will trial a UK Click & Collect service on children's products. * EASYJET: easyJet EZJ.L said it was cutting more flights in the busy summer period to help manage operational problems, including staff shortages in ground handling and flight caps at London G
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Retailers lift European stocks but growth worries persist

* Retailers advance as UK unveils new stimulus * United Utilities slumps after higher cost warning * BT drops on govt review of Drahi's stake (Updates to market close) By Susan Mathew May 26 (Reuters) - European markets rose on Thursday with the retail sector leading the charge as Britain revealed new stimulus plans, while the U.S. Federal Reserve sticking to its monetary policy tightening script also bolstered risk appetite.
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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 ICAG.L said it had seen a strong recovery in business travel in the first quarter and it expected to be profitable from the second quarter onwards and
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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.L said it was increasingly likely that the group would be placed into administration, a move that could put thousands of jobs at peril.
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UK Stocks-Factors to watch on April 27

April 27 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening higher on Wednesday, with futures FFIc1 up 0.26%. * GSK: British drugmaker GSK GSK.L beat analyst expectations for its first-quarter profit and sales, ahead of the planned listing of its large consumer healthcare division in July, and stood by its forecasts for 2022. * LSE: The London Stock Exchange Group said it was on track to meet all financial targets as it continued to integrate its $27 billion acquisition of data and analy
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UK Stocks-Factors to watch on April 27

April 27 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening flat on Wednesday, with futures FFIc1 down 0.09%. * BANK OF IRELAND: Bank of Ireland BIRG.I said that Chief Executive Francesca McDonagh would step down after five years in charge that saw the bank grow through acquisition, sharply cut staff numbers and almost fully return to private ownership.
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British Business - April 27

April 27 (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 Novacyt ALNOV.PA has been issued with a 134.6 million pound ($169.34 million) claim by the UK government over a protracted contract dispute, weakening its shares further.
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UK Stocks-Factors to watch on April 26

April 26 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening higher on Tuesday, with futures FFIc1 up 1.02%. * NATIONAL EXPRESS GROUP: British transport firm National Express Group NEX.L said on Tuesday its first-quarter revenue bounced back to 2019 levels, helped by pent-up travel demand in the United Kingdom and Spain. * HEATHROW AIRPORT: London's Heathrow Airport raised its 2022 forecast for passengers to 52.8 million on Tuesday, representing 65% of pre-pandemic levels, driven by deman
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Primark to raise prices as cost pressures mount

* AB Foods first-half profit up 91% * Plans price increases for autumn/winter Primark stock * Warns on margins of food businesses * Shares down 5.7% By James Davey LONDON, April 26 (Reuters) - Budget fashion chain Primark will raise prices as it battles severe inflationary pressures, its parent Associated British Foods ABF.L said on Tuesday, as it also warned on the margin outlook at its food businesses, sending shares lower.
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UK Stocks-Factors to watch on April 26

April 26 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening higher on Tuesday, with futures FFIc1 up 1.13%. * HSBC: HSBC Holdings HSBA.L reported a 27% fall in quarterly profit, as the Asia-focussed bank suffered from decreased revenues and slowing growth in Hong Kong. * CMA-META: Facebook owner Meta FB.O started its appeal against Britain's ruling that it must sell Giphy, arguing the fact that rival Snap offered far less to buy the animated-images provider undermined the rationale used
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UK Stocks-Factors to watch on Feb 28

Feb 28 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening lower on Monday, with futures FFIc1 down 1.22%. * AB FOODS: Associated British Foods ABF.L forecast first-half sales and adjusted operating profit "strongly ahead" of the previous year and ahead of pre-COVID 19 levels, reflecting an improved performance from its Primark fashion business.
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When the end of History ends

A look at the day ahead in markets from Julien Ponthus. Francis Fukuyama's bestseller "The End of History and the Last Man" was published 30 years ago and popularised the idea that the triumph of liberal democracy would open a new era of global peace and prosperity after the Cold War. Since then, a long list of events and trends, from the 9/11 attacks to the rise of populism, has made that idea look somewhat outdated but Russia's invasion of Ukraine probably constitutes the final nail in that na
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UK Stocks-Factors to watch on Feb 28

Feb 28 (Reuters) - Britain's FTSE 100 index .FTSE is seen opening 99 points lower at 7,353.5 on Monday, according to financial bookmakers. * RIO TINTO: Rio Tinto RIO.L RIO.AX has agreed to pay a small penalty for overstating its Mozambique coal reserves in 2012 in return for the Australian corporate watchdog dropping charges against its top two executives at the time, the Australian Securities and Investment Commission (ASIC) said.
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