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Pearson has decided to sell Financial Times, announcement due shortly: Source

Last Updated: Thursday, July 23, 2015, 16:34

British publisher Pearson has decided to sell the Financial Times newspaper to a global, digital news company, a person familiar with the deal said on Thursday.

EasyJet forecasts soaring annual profit

Last Updated: Wednesday, July 22, 2015, 15:35

That compared with £581 million in the company`s previous fiscal year, EasyJet said in an upbeat statement on its third quarter or three months to the end of June.

Tata Steel up over 2% as UK pension dispute ends

Last Updated: Thursday, July 16, 2015, 13:07

Shares of Tata Steel jumped over 2 percent today following resolution of a major labour dispute at the UK arm of the company.

Barclays investment bank in firing line despite change at top

Last Updated: Tuesday, July 14, 2015, 13:02

Any investment bankers hoping for an easier ride at British bank Barclays after Chief Executive Antony Jenkins was ousted last week may be in for a surprise.

Barclays axes CEO Jenkins to accelerate strategic change

Last Updated: Wednesday, July 8, 2015, 13:26

British lender Barclays has ousted Chief Executive Antony Jenkins after three years in the post, saying on Wednesday it had decided new blood would help accelerate strategic change at the bank and boost shareholder returns.

BBC announces it will cut more than 1,000 jobs

Last Updated: Thursday, July 2, 2015, 17:03

More people are watching programmes online, leading to a sharper than expected decline in the numbers paying the BBC licence fee levied on all households with a television, the British broadcaster said.

Britain's Tesco reports improvements despite sales drop

Last Updated: Friday, June 26, 2015, 14:01

British supermarket giant Tesco reported a 2.0 percent drop in sales for its first quarter Friday and warned of "volatility" but said performance was improving following a record annual loss.

British restriction on work visa may disrupt Indian firms: CII

Last Updated: Thursday, June 25, 2015, 17:57

Voicing deep concern over British Prime Minister David Cameron`s recent announcement proposing measures to significantly reduce migration into Britain from non-EU nations, industry chamber CII on Thursday said such a move could disrupt operations of many Indian companies in Britain.

Former Tata director SA Hasan honoured by Queen Elizabeth II

Last Updated: Monday, June 22, 2015, 17:22

Former UK-based Managing Director of Tata Limited, SA Hasan has been appointed by Queen Elizabeth II as an honorary Commander of the Most Excellent Order of the British Empire (CBE) for his services to the country's economy.

UK Unions' decision recognises shortfall in pension fund: Tata Steel

Last Updated: Saturday, June 20, 2015, 14:53

The UK trade unions' decision to suspended strike at Tata Steel plants in the country recognises the substantial shortfall in the pension fund and the need to jointly address it, the steel maker said.

UK unions suspend strike action at Tata Steel after new offer

Last Updated: Friday, June 19, 2015, 23:22

Unions have suspended next week`s planned strike action at Tata Steel`s UK plants and are recommending that their members accept the company`s new pension offer.

British unemployment steady at 5.5%

Last Updated: Wednesday, June 17, 2015, 15:38

The number of unemployed fell by 43,000 in the three months to April, the ONS added.