VILNIUS (Reuters) – Lithuania’s Defence Council has decided to initiate negotiations to buy Leopard 2 tanks from Germany, Defence Minister Arvydas Anusauskas told reporters on Tuesday, as the NATO member seeks to build a tank battalion. The Leopard 2 is made by Krauss-Maffei Wegmann, part of German-French technology group KNDS. “Our intention is creating a …
Lithuania seeks to buy Leopard 2 tanks from Germany Read More »
LISBON (Reuters) – Portugal’s centre-left Socialist Party (PS) has extended its lead as the favourite to win the most votes in a snap general election on March 10, although it remains far from a parliamentary majority, an opinion poll showed on Tuesday. There was also a strong jump in voting intentions for the third-placed far-right …
Portugal’s Socialists extend lead for March election, far-right grows -survey Read More »
LONDON (Reuters) -Esken, the owner of London Southend Airport, is facing demands by a Carlyle fund to repay an outstanding convertible loan four years before its maturity date, the group said on Tuesday. The demands are part of a legal dispute over a convertible loan extended by Carlyle Global Infrastructure Fund (CGI) in 2021. Convertible …
London Southend Airport lender Carlyle demands faster loan repayment Read More »
By James Davey LONDON (Reuters) -Associated British Foods said underlying sales growth slowed at its Primark clothing business in the Christmas quarter, hurt by unseasonal warm weather at the start of the period. The group also said on Tuesday it was monitoring the situation in the Red Sea but does not expect any significant disruption …
Primark’s sales growth slows in Christmas quarter Read More »
LONDON (Reuters) – Renewable energy company Low Carbon said on Tuesday it had secured the necessary funding for a 385 megawatt (MW) portfolio of solar and battery storage projects in Britain, enabling it to begin construction. Most of the projects will start construction early this year and are part of a 3 gigawatt pipeline of …
Low Carbon secures funds to begin constructing UK solar and battery portfolio Read More »
(Reuters) -Hipgnosis Songs Fund (HSF), which holds the rights to the work of artists ranging from Shakira to Neil Young, said on Tuesday its investment adviser has refused to drop a call option that is complicating its bid to sell off some of its music. The adviser, Hipgnosis Songs Management (HSM), is run by the …
Hipgnosis Songs Fund says adviser refuses to drop call option Read More »
LONDON (Reuters) – Lidl GB said on Tuesday it would raise hourly pay for its store and warehouse workers to up to 13.85 pounds ($17.64) in London and up to 13.00 pounds in the rest of the country from March, which it said was the highest in the supermarket sector. The British arm of the …
Lidl GB increases hourly pay for third time in 12 months Read More »
By Sarah Young LONDON (Reuters) -British online retailer Boohoo named former Betfair and Zoopla finance boss Stephen Morana as its new chief financial officer after previous CFO Shaun McCabe left on Tuesday. Boohoo said McCabe’s departure was “by mutual agreement and with immediate effect”. The company, whose brands PrettyLittleThing and Nasty Gal are popular with …
UK online retailer Boohoo names Stephen Morana as new CFO Read More »
By Alistair Smout LONDON (Reuters) – Britain will retain thousands of European Union laws for at least the next two years, the government said on Thursday, setting out new targets for the heavily delayed process of removing EU law from the British statute book after Brexit. Britain had originally aimed to remove all retained EU …
Britain to retain substantial number of EU laws until at least 2026 Read More »
LONDON (Reuters) – Britain’s main opposition Labour Party said it would aim to save 10 billion pounds ($12.71 billion) by cutting waste and reforming the health service if in power, saying this could free up cash to spend on frontline care. The state-run National Health Service (NHS) emerged from the COVID-19 pandemic in crisis, crippled …
Britain’s Labour aims to save billions of pounds with planned health reforms Read More »
