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UK firms flag over $1 billion in costs from increase in national insurance, wages

FACTBOX-UK firms flag over $1 billion in costs from increase in national insurance, wages Adds details on Mitie's cost estimates Nov 21 (Reuters) - British companies have flagged an increase of about 820 million pounds ($1.04 billion) in costs related to a rise in employers' social security contributions following Finance Minister Rachel Reeves' maiden budget in October.
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UK firms flag hundreds of millions in costs from increase in national insurance, wages

FACTBOX-UK firms flag hundreds of millions in costs from increase in national insurance, wages Adds Young & Co Brewery's statement in paragraph 12 Nov 15 (Reuters) - British companies have flagged a rise of about 520 million pounds in costs following Finance Minister Rachel Reeves' maiden budget in October, which included an increase in employers' social security contributions.
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Anima Holding, BASF, Cargotec

EUROPE RESEARCH ROUNDUP-Anima Holding, BASF, Cargotec Nov 11 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Anima Holding, BASF and Cargotec on Monday. HIGHLIGHTS * Anima Holding ANIM.MI : HSBC cuts to hold from buy * BASF SE BASFn.DE : Goldman Sachs raises to buy * Cargotec Corp CGCBV.HE : Kepler Cheuvreux raises to hold from reduce * Compagnie Financiere Richemont SA CFR.S : HSBC raises to buy from hold * DS Smith SMDS.L : Barcl
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European shares log third week of declines on China, tariff jitters

UPDATE 2-European shares log third week of declines on China, tariff jitters UK's Vistry slides after profit warning Richemont down after quarterly sales dip STOXX 600 logs mild weekly losses Updated at 1716 GMT By Shashwat Chauhan and Sruthi Shankar Nov 8 (Reuters) - Europe's benchmark STOXX 600 logged its third consecutive week of declines on Friday, hurt by underwhelming stimulus measures from China as well as concerns about tariffs under a Trump presidency hurting economic growth.
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Serco loses Australian immigration services contract, shares down over 12%

Serco loses Australian immigration services contract, shares down over 12% Nov 8 (Reuters) - Serco Group SRP.L shares fell more than 12% on Friday after the British outsourcing company said it was unsuccessful in its bid to renew an immigration services contract with the Australian government. Serco has been providing immigration services to the Australian government since October 2009. The contract is set to expire on Dec.
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Outsourcer Serco falls on losing Aussie immigration contract

BUZZ-Outsourcer Serco falls on losing Aussie immigration contract ** Shares in Serco Group SRP.L down 13.3% at one yr low of 153.6p ** Stock top loser on FTSE midcaps .FTMC index ** British outsourcing company unsuccessful in renewing contract for onshore immigration detention facilities and detainee services in Australia ** Says contract retention
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Serco Group Unsuccessful In Australian Immigration Rebid

BRIEF-Serco Group Unsuccessful In Australian Immigration Rebid Nov 8 (Reuters) - Serco Group PLC SRP.L : SERCO UNSUCCESSFUL IN AUSTRALIAN IMMIGRATION REBID GUIDANCE FOR 2024 REMAINS UNCHANGED Source text: ID:nRSH4457La Further company coverage: SRP.L
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Man, 26, dies in British migrant detention centre

Man, 26, dies in British migrant detention centre LONDON, Oct 29 (Reuters) - A 26-year-old man died on Sunday while being held at a British migrant detention centre that was previously criticised at a public inquiry for subjecting people to inhumane treatment. Britain's interior ministry, the Home Office, said it could not comment further while an investigation was being carried out.
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Financial Times - Oct 24

PRESS DIGEST- Financial Times - Oct 24 Oct 24 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines - Addison Lee to be bought by Singapore-listed group in 269 mln pounds deal - UK ministers explore using break clauses in asylum housing contracts - Arm cancels Qualcomm’s chip design licence amid legal dispute - UK competition regulator to probe investment barriers - Intesa Sanpaolo unveils p
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S. Africa's Competition Tribunal Approves Bidvest Automotive Holdings-Serco Group Merger Without Conditions

BRIEF-S. Africa's Competition Tribunal Approves Bidvest Automotive Holdings-Serco Group Merger Without Conditions Sept 3 (Reuters) - S. Africa's Competition Tribunal: S. AFRICA'S COMPETITION TRIBUNAL: APPROVES BIDVEST AUTOMOTIVE HOLDINGS (PTY) LTD AND SERCO GROUP MERGER WITHOUT CONDITIONS S. AFRICA'S COMPETITION TRIBUNAL: APPROVES LESAKA TECHNOLOGI
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British Business - Aug 23

PRESS DIGEST-British Business - Aug 23 Aug 23 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Serco SRP.L has landed a $320 million contract with the U.S Space Force. - Gatwick airport is experiencing what it calls one of its busiest summers, with 19.9 million passengers travelling through its two terminals during the first half of the year.
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Serco Wins $320 Mln Pituffik Space Base Contract

BRIEF-Serco Wins $320 Mln Pituffik Space Base Contract Aug 22 (Reuters) - Serco Group PLC SRP.L : SERCO GROUP PLC - SERCO WINS $320M PITUFFIK SPACE BASE CONTRACT Source text for Eikon: ID:nRSV3189Ba Further company coverage: SRP.L
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