U.K. stocks were little changed, erasing their first drop in three days, as a report showed euro-area manufacturing expanded and investors weighed results from Tesco (TSCO) Plc and Unilever.
LONDON (Reuters) - The former bosses of Britain's Co-operative Bank (COOBF.PK) are to blame for the lender's near-demise last year, a committee of lawmakers said, in a report which also questioned the role played by regulators and auditors KPMG.
A sharp fall in export orders is taking the steam out of the manufacturing sector's recovery as eurozone weakness weighs on demand, the CBI said.
LONDON, Oct 23 (Reuters) - British estate agent Foxtons warned profits would fall this year because of a marked slowdown in London's previously runaway property market, sending its shares tumbling by a fifth.
Debenhams Plc (DEB), the U.K.'s third-largest department-store chain, said it's reducing the level of discounts ahead of the key Christmas season to avoid the damage to profitability that price cuts caused last year.