Tesco said UK sales rose 3.9% in the 19 week period and 4.1% the five-weeks. Food sales increased 4.7%, primarily driven by volume growth across the period, with a particularly strong contribution ...

In early UK corporate news, Christmas trading updates from high street names rolled in. Tesco maintained annual guidance, B&M narrowed its profit outlook and M&S reported decent growth in its Food arm ...

(Alliance News) - London's FTSE 100 is set to open higher on Thursday, shaking off tepid China data and concerns over the US interest rate outlook. IG says futures indicate the FTSE 100 to open 17.0 ...

Some of Britain's biggest retailers and employers have said they could slow hiring or reduce staffing levels to mitigate the cost hit. This was reflected in the CBI's survey which found that headcount ...

(Alliance News) - The EU needs to be "firm" with the US, Irish deputy premier Micheal Martin has said. It comes after US President-elect Donald Trump suggested the US could annex the Panama Canal and ...

(Alliance News) - The end of 2024 saw the fastest decline in candidates being placed into permanent jobs in more than a year, new research in the UK suggests. Recruiters reported growing cost ...

The yield on the benchmark 10-year UK gilt, which reflects the cost of government borrowing, climbed by roughly 12 basis points to a peak of 4.81%. It was the highest reading since the 2008 financial ...

The BRC-NielsenIQ shop price index, which covers December 1 to December 7, was down 1.0% from a year before, with price drops accelerating from November's 0.6% fall. December's figure compared to a ...

The sell-off in the bond market came as traders factor in fewer interest rate cuts in 2025 due to sticky inflation. This prompted yields on the UK 10-year gilt to hit 4.80%, a 15-year high.

(Alliance News) - Telecommunications firm BT Group PLC has announced a huge order for thousands of new electric vehicles. The company said the 3,500 new vehicles is the UK's largest ever commercial ...

(Alliance News) - RBG Holdings PLC Founder Ian Rosenblatt on Wednesday said the claims against him by RGB are "substantially untrue and defamatory" as he responded to the firm's termination of his ...

(Alliance News) - Frontier IP Group PLC on Wednesday announced its portfolio company Alusid Limited has signed its first international distribution agreement with Dutch sustainable materials platform ...