LONDON (Reuters) - Unilever (ULVR.L) (UNc.AS) promised investors that new, cheaper products and more cost cuts would help it grow profits, even as reticent consumers dragged its sales growth in the third quarter to its weakest in nearly five years.
LONDON (Reuters) - Britain's brisk economic recovery is showing more signs of cooling after shoppers bought less, exporters took a hit from Europe's slump and banks approved the fewest mortgages in more than a year.
A stronger than anticipated economic survey Thursday failed to inspire much optimism in European markets amid ongoing worries over the state of the 18-country eurozone and of France in particular.
Photo. The Lloyds Banking Group is partly owned by the British government.Credit Olivia Harris/Reuters. LONDON - The Lloyds Banking Group may eliminate as many as 9,000 jobs, or about 10 percent of its work force, and close some branches as it adapts ...
A worker brazes a component at Sigma UK in Hinckley. UK manufacturing exports are slowing, warns the CBI. Photograph: Darren Staples/Reuters.