British brands http://www.globalpost.com/taxonomy/term/24978/all en Tesco names new UK leader as Xmas sales rise http://www.globalpost.com/dispatch/news/thomson-reuters/130110/tesco-names-new-uk-leader-xmas-sales-rise <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>LONDON, Jan 10 (Reuters) - Tesco, the world's third largest retailer, named a new British leader as it showed signs of a revival in its home market with a rise in underlying Christmas sales.</p> <p>Tesco said on Thursday it had appointed Chris Bush as managing director of the British business, which contributes about two thirds of group trading profit.</p> <p>Bush is currently chief operating officer in Britain.</p> <p>Group CEO Philip Clarke had taken direct control of the British business in March after Richard Brasher departed.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130110/tesco-names-new-uk-leader-xmas-sales-rise" target="_blank">read more</a></p> British brands Entertainment Tesco Tesco Thomson Reuters Thu, 10 Jan 2013 08:15:03 +0000 5732505 at http://www.globalpost.com China data supports European shares http://www.globalpost.com/dispatch/news/thomson-reuters/130110/china-data-supports-european-shares <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* FTSEurofirst 300 up 0.1 percent * Miners supported by strong China trade data * Tesco shares trump M&amp;S after trading updates By Tricia Wright LONDON, Jan 10 (Reuters) - European shares were a touch higher on Thursday after more evidence of improving economic conditions in China, though uncertainty ahead of a European Central Bank policy decision later in the session limited gains. The FTSEurofirst 300 was up 0.1 percent at 1,169.06 by 0958 GMT, after gaining 0.7 percent on Wednesday.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130110/china-data-supports-european-shares" target="_blank">read more</a></p> British brands Entertainment Tesco Thomson Reuters Thu, 10 Jan 2013 10:45:18 +0000 5732545 at http://www.globalpost.com Jaguar to add 800 new UK jobs - source http://www.globalpost.com/dispatch/news/thomson-reuters/130113/jaguar-add-800-new-uk-jobs-source <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>LONDON, Jan 13 (Reuters) - Premium carmaker Jaguar Land Rover plans to create 800 new jobs at its Solihull factory in central England due to demand in China, Russia and the United States, a person familiar with the matter said on Sunday.</p> <p>JLR, owned by India's Tata Motors, said earlier this month that its outlook for 2013 was positive after UK vehicle sales rose almost 20 percent in 2012.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130113/jaguar-add-800-new-uk-jobs-source" target="_blank">read more</a></p> British brands Jaguar Land Rover Transport Thomson Reuters Sun, 13 Jan 2013 14:45:20 +0000 5733806 at http://www.globalpost.com UPDATE 1-Jaguar to add 800 new UK jobs on soaring Chinese demand http://www.globalpost.com/dispatch/news/thomson-reuters/130113/update-1-jaguar-add-800-new-uk-jobs-soaring-chinese-demand <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>LONDON, Jan 13 (Reuters) - Jaguar Land Rover plans to create 800 new jobs at its Solihull factory in central England as demand for its premium cars rockets in China and elsewhere.</p> <p>For the first time, demand from China outstripped that of British carmaker JLR's home market, with sales in China in 2012 rising more than 70 percent to 71,940 cars.</p> <p>JLR, owned by India's Tata Motors, said on Sunday that total global sales rose 30 percent to over 350,000 vehicles.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130113/update-1-jaguar-add-800-new-uk-jobs-soaring-chinese-demand" target="_blank">read more</a></p> British brands Land Rover Transport Thomson Reuters Sun, 13 Jan 2013 23:15:16 +0000 5733951 at http://www.globalpost.com FACTBOX-How UK retailers fared over Christmas http://www.globalpost.com/dispatch/news/thomson-reuters/130115/factbox-how-uk-retailers-fared-over-christmas <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>(Adds Burberry, Co-operative Group, Halfords, Moss Bros, Ocado) LONDON, Jan 15 (Reuters) - With British shoppers fretting over job security and a squeeze on incomes, retailers found the going tough in 2012. Following is a summary of how they fared in the Christmas trading period. RETAILER/RIC/PERFORMANCE SECTOR Burberry Sales up 9 pct in 3 months to Dec. Luxury goods 31. Co-operative Group like-for-like sales, Food inc VAT, ex fuel, up 2.2 pct in 3 weeks to Jan. 5.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130115/factbox-how-uk-retailers-fared-over-christmas" target="_blank">read more</a></p> British brands Social Issues Tax reform Value added tax Thomson Reuters Thu, 10 Jan 2013 14:48:32 +0000 5732635 at http://www.globalpost.com FACTBOX-How UK retailers fared over Christmas http://www.globalpost.com/dispatch/news/thomson-reuters/130116/factbox-how-uk-retailers-fared-over-christmas <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>(Adds French Connection, N Brown and Thorntons) LONDON, Jan 16 (Reuters) - With British shoppers fretting over job security and a squeeze on incomes, retailers found the going tough in 2012. Following is a summary of how they fared in the Christmas trading period: RETAILER/RIC/PERFORMANCE SECTOR Burberry Sales up 9 pct in 3 months to Dec. 31. Luxury goods Co-operative Group Food Like-for-like sales, inc VAT, ex fuel, up 2.2 pct in 3 weeks to Jan. 5.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130116/factbox-how-uk-retailers-fared-over-christmas" target="_blank">read more</a></p> British brands Social Issues Tesco Value added tax Thomson Reuters Wed, 16 Jan 2013 19:29:43 +0000 5735200 at http://www.globalpost.com FACTBOX-How UK retailers fared over Christmas http://www.globalpost.com/dispatch/news/thomson-reuters/130117/factbox-how-uk-retailers-fared-over-christmas <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>(Adds Carphone Warehouse, WH Smith) LONDON, Jan 25 (Reuters) - With British shoppers fretting over job security and a squeeze on incomes, retailers found the going tough in 2012. Following is a summary of how they fared in the Christmas trading period: RETAILER/RIC/PERFORMANCE SECTOR Asscoiated British Foods Clothing/Food Primark sales in 16 weeks to Jan. 5 up 25 pct ASOS Fashion Retail sales in month of Dec.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130117/factbox-how-uk-retailers-fared-over-christmas" target="_blank">read more</a></p> British brands Social Issues Tax reform Value added tax Thomson Reuters Thu, 17 Jan 2013 15:00:21 +0000 5735631 at http://www.globalpost.com Pay-TV giant BSkyB reports 10% rise in first-half profits http://www.globalpost.com/dispatch/news/afp/130131/pay-tv-giant-bskyb-reports-10-rise-first-half-profits <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>British pay-TV giant BSkyB said on Thursday that net profits advanced ten percent in the first half of its financial year, as the group bucked tough trading conditions with keen demand for its products.</p> <p>Profit after tax rose to £487 million ($771 million, 569 million euros) in the six months to December, compared with £441 million in the first half of its 2011/12 financial year, BSkyB said in a results statement.</p> <p>Group revenue meanwhile swelled by five percent to £3.533 billion in the reporting period.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130131/pay-tv-giant-bskyb-reports-10-rise-first-half-profits" target="_blank">read more</a></p> British brands BSkyB Entertainment News Corporation News International phone hacking scandal Technology AFP Fri, 01 Feb 2013 01:00:32 +0000 5742404 at http://www.globalpost.com http://www.globalpost.com/dispatch/news/afp/130205-1 <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>BP says 2012 net profits more than halve to $11.58 bn</p> <p>mg-rfj/yad</p> British brands AFP Tue, 05 Feb 2013 07:30:25 +0000 5746092 at http://www.globalpost.com Virgin Media says in talks with Liberty over 'possible' deal http://www.globalpost.com/dispatch/news/afp/130205/virgin-media-says-talks-liberty-over-possible-deal <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>British-based cable television firm Virgin Media said Tuesday that it was holding discussions with Liberty Global, following press reports that the US cable giant was readying a takeover bid.</p> <p>"Virgin Media confirms that it is in discussions with Liberty Global, Inc., a leading international cable company, concerning a possible transaction," it said in a brief statement.</p> <p>The group, which is quoted on Wall Street's tech-heavy Nasdaq index, added that any deal would be subject to regulatory and other conditions, while a further announcement would be made in due course.</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130205/virgin-media-says-talks-liberty-over-possible-deal" target="_blank">read more</a></p> British brands Cable television companies Technology United Kingdom Virgin Media AFP Tue, 05 Feb 2013 09:46:25 +0000 5746164 at http://www.globalpost.com UPDATE 5-Malone strikes $15.75 bln Virgin Media deal to take on Murdoch http://www.globalpost.com/dispatch/news/thomson-reuters/130205/rpt-update-2-malone-eyes-virgin-media-challenge-murdoch <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>* Virgin Media competes with Murdoch's BSkyB in Britain</p> <p>* Liberty to pay around $47 in cash and stock for each Virgin share</p> <p>* Virgin shares up 17 pct in London, 18 pct in U.S.</p> <p>* Debt insurance costs rise</p> <p>By Kate Holton</p> <p>LONDON, Feb 6 (Reuters) - John Malone's Liberty Global struck a deal on Tuesday to buy British cable group Virgin Media for about $15.75 billion in stock and cash, a move that would put the U.S. billionaire up against old rival Rupert Murdoch.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130205/rpt-update-2-malone-eyes-virgin-media-challenge-murdoch" target="_blank">read more</a></p> British brands Business Cable television companies News International phone hacking scandal United Kingdom Virgin Media Thomson Reuters Tue, 05 Feb 2013 11:00:55 +0000 5746220 at http://www.globalpost.com URGENT ¥¥¥ Liberty Global buys Virgin Media for $23.3 bln http://www.globalpost.com/dispatch/news/afp/130205/urgent-liberty-global-buys-virgin-media-233-bln <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>US-based cable operator Liberty Global said late Tuesday that it would buy cable television firm Virgin Media for $23.3 billion in cash and stock.</p> <p>According to the terms of the agreement, Virgin Media stockholders will receive for each share of the Britain-based firm $17.50 in cash, 0.2582 Liberty Global Series A shares and 0.1928 Liberty Global Series C shares, which implies a price of $47.87 for each Virgin Media share.</p> <p>ved/ch/oh</p> British brands Cable television companies USD Virgin Media Virgin Media AFP Wed, 06 Feb 2013 03:45:44 +0000 5747122 at http://www.globalpost.com Liberty Global buys Virgin Media for $23.3 bln http://www.globalpost.com/dispatch/news/afp/130205/liberty-global-buys-virgin-media-233-bln <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>US-based cable operator Liberty Global said late Tuesday that it will acquire Virgin Media in a stock and cash merger valued at $23.3 billion.</p> <p>The deal hopes to create "the world's leading broadband communications company," which would cover 47 million homes and serve 25 million customers in 14 countries, the two groups said in a joint statement.</p> <p>It said the new company will focus on "the strongest and most strategic markets in Europe, with the scale to be at the forefront of technological change for customers."</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130205/liberty-global-buys-virgin-media-233-bln" target="_blank">read more</a></p> British brands Business Cable television companies Liberty Global Technology United Kingdom AFP Wed, 06 Feb 2013 04:16:12 +0000 5747134 at http://www.globalpost.com Liberty Global buys Virgin Media for $23.3 bln http://www.globalpost.com/dispatch/news/afp/130206/liberty-global-buys-virgin-media-233-bln <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Agence France-Presse </div> </div> </div> <!--paging_filter--><p>US-based cable operator Liberty Global said late Tuesday that it will acquire Virgin Media in a stock and cash merger valued at $23.3 billion, eyeing key strategic markets in Europe.</p> <p>The deal hopes to create "the world's leading broadband communications company," which would cover 47 million homes and serve 25 million customers in 14 countries, the two groups said in a joint statement.</p> <p>It said the new company will focus on "the strongest and most strategic markets in Europe, with the scale to be at the forefront of technological change for customers."</p> <p><a href="http://www.globalpost.com/dispatch/news/afp/130206/liberty-global-buys-virgin-media-233-bln" target="_blank">read more</a></p> British brands Business Cable television companies Liberty Global Technology United Kingdom AFP Wed, 06 Feb 2013 06:00:31 +0000 5747186 at http://www.globalpost.com Liberty Global CEO says won't change Virgin Media strategy http://www.globalpost.com/dispatch/news/thomson-reuters/130206/liberty-global-ceo-says-wont-change-virgin-media-strategy <div class="field field-type-text field-field-byline1"> <div class="field-items"> <div class="field-item odd"> Thomson Reuters </div> </div> </div> <!--paging_filter--><p>LONDON, Feb 6 (Reuters) - Liberty Global won't change Virgin Media's strategy on network roll-out and content if its deal to buy the British cable group goes through, Liberty's chief executive said on Wednesday.</p> <p>The $15.75 billion deal was "compelling" for both sets of shareholders, said Mike Fries, Liberty's chief executive in a call with journalists on Wednesday.</p> <p>He said Liberty would continue to invest in Virgin's broadband network.</p> <p><a href="http://www.globalpost.com/dispatch/news/thomson-reuters/130206/liberty-global-ceo-says-wont-change-virgin-media-strategy" target="_blank">read more</a></p> British brands Business Television in the United Kingdom Virgin Media Thomson Reuters Wed, 06 Feb 2013 08:15:25 +0000 5747240 at http://www.globalpost.com