WINNERS & LOSERS: HSBC slides on mixed results, Reckitt cuts outlook

HSBC Holdings PLC, down 7.2% at 1,267.60 pence, 12-month range 979.80p-1,610.00p. The Asia-focused lender falls despite reporting a 32% increase in third-quarter pretax profit to USD9.63 billion from ...

Britain issues costliest 5-year debt since 2008 before budget

LONDON, Oct 27 (Reuters) - Britain ​sold £4.5 billion ($6.0 ⁠billion) of 5-year debt ​on Tuesday, paying an average yield of ...

HSBC shares tumble 6% after third-quarter revenue disappoints, wealth growth slows

HONG KONG/LONDON, Oct 27 (Reuters) - HSBC's shares slid 6% on Tuesday after revenue undershot estimates and growth at its wealth business slowed, highlighting the ​challenge big ‌banks face to sustain ...

Shoe Zone to swing to loss amid 'continued decline' in consumer confidence

(Sharecast News) - Shoe Zone shares tumbled on Tuesday after the value shoe retailer said it was set to swing to a full-year ...

Auditor of GFG Alliance's Liberty Commodities fined in UK

LONDON, Oct 27 (Reuters) - Britain's auditing watchdog has ​fined ⁠an accounting firm and an ​accountant for failing to show ...

Number of distressed UK businesses at two-decade high ahead of budget

There were 738,144 UK businesses in "significant" distress in the third quarter of 2026, according to the latest quarterly 'red flag alert'' report from BTG Consulting PLC, a Manchester-based ...

Orange raises 2026 profit outlook, talks up satellites as network boost

The profit outlook, now ​targeting growth above 4.5% instead of above 4%, rests on growth outside ‌France. Third-quarter ...

Dutch regulator blocks takeover of Unilever's Unox brand

AMSTERDAM/LONDON, Oct 27 (Reuters) - ​Dutch market regulator ACM on Tuesday said it would not allow ​the ‌takeover of Unilever 's Dutch soup and sausage brand Unox by Zwanenberg ⁠Food Group. The ACM ...

Reckitt Benckiser cuts outlook as surprise US slowdown weighs on sales

In response, Reckitt shares fell 5.8% to 5,166.00 pence each in London on Tuesday morning. It was one of the worst performing ...
Opinion

Shop price inflation hits two-and-a-half year high - BRC

The latest BRC-NIQ shop price monitor showed that shop price inflation increased to 2.1% year-on-from 1.4% in September. This was above the three-month average of 1.6%. Food inflation rose to 2.9%, ...

Britain and EU finding way through 'Made in Europe' concerns, UK minister says

LONDON, Oct 27 (Reuters) - British ​business minister Jonathan ⁠Reynolds said on Tuesday ​Britain and the European Union were "finding a way through" ​concerns ‌over the bloc's proposed "Made in ...

London open: FTSE slides as Reckitt, HSBC drop after results

(Sharecast News) - London stocks slid in early trade on Tuesday, with HSBC and Reckitt Benckiser under the cosh after third-quarter results failed to impress. At 0835 GMT, the FTSE 100 was down 1% at ...