The telecom company's boss says the strong growth has beaten expectations and is reflected in increased shareholder payouts. 08:54, UK, Thursday 07 May 2015.
(Adds detail, CEO comments). LONDON May 7 (Reuters) - Morrisons, Britain's No. 4 grocer, posted a deteriorating fall in underlying sales on Thursday, further illustrating the tough turnaround task facing its new boss.
LONDON (Reuters) - British insurer RSA (RSA.L) posted a 1 percent year-on-year rise in net written premiums in the first quarter, more than offsetting the impact of adverse interest rate and currency moves and boosting its shares.
The Bank of England has admitted to making errors in its reporting of foreign investors' purchases of UK government bonds in recent weeks.
Sainsbury's chief executive, Mike Coupe, has predicted discount supermarkets are set to gobble up nearly 15 per cent of the market by 2022.