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UK consumers defy their budget worries to shop more

UPDATE 2-UK consumers defy their budget worries to shop more Retail sales volumes +0.3% m/m v Reuters poll -0.3% New iPhone launch and tech spending help boost Sept sales Joint biggest rise in Q3 sales volumes since mid-2021 Shoppers still cautious ahead of budget Recasts lead, adds quotes in paragraphs 6, 15, detail throughout By Suban Abdulla LONDON, Oct 18 (Reuters) - British retail sales unexpectedly rose in September, according to official data published on Friday that contradicted signs th
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British Business - Oct 18

PRESS DIGEST-British Business - Oct 18 Oct 18 (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 - British online retailer N Brown Group BWNG.L agreed to a 191 million pound ($248.72 million) takeover led by its majority shareholder Joshua Alliance.
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Tesco Announces Signing Of UK Power Purchase Agreement, Securing 65% Of Solar Power Generation From Cleve Hill Solar Park

BRIEF-Tesco Announces Signing Of UK Power Purchase Agreement, Securing 65% Of Solar Power Generation From Cleve Hill Solar Park Oct 16 (Reuters) - Tesco PLC TSCO.L : TESCO: SIGNING OF UK POWER PURCHASE AGREEMENT, FACILITATED BY EDF, SECURING 65% OF SOLAR POWER GENERATION FROM CLEVE HILL SOLAR PARK TESCO - PROJECT SET TO BECOME OPERATIONAL IN EARLY
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UK supermarket sales growth picks up as consumers start Christmas shopping

UK supermarket sales growth picks up as consumers start Christmas shopping UK supermarket sales up 4.7% in four weeks to Oct. 5 -NIQ Households spreading cost of Christmas General merchandise sales return to growth Ocado and M&S are fastest growing grocers Asda remains the laggard By James Davey LONDON, Oct 16 (Reuters) - Sales growth at British supermarkets picked-up over the last month, helped by consumers starting to make purchases for Christmas, industry data showed on Wednesday.
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Sainsbury's biggest investor QIA cuts holding

UPDATE 2-Sainsbury's biggest investor QIA cuts holding Adds Sainsbury's declining to comment in paragraph 7 LONDON, Oct 11 (Reuters) - The biggest shareholder in Sainsbury's SBRY.L , the Qatar Investment Authority (QIA), is selling 306 million pounds ($399 million) worth of shares in the British supermarket group, reducing its holding by about 5%.
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Sainsbury's biggest investor QIA cuts holding

Sainsbury's biggest investor QIA cuts holding LONDON, Oct 11 (Reuters) - The biggest shareholder in Sainsbury's SBRY.L , the Qatar Investment Authority (QIA), is selling 306 million pounds ($399 million) worth of shares in the British supermarket group. According to regulatory filings, QIA offered 109.4 million shares at a price of 280 pence, about 5% of its holding.
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UK stocks slip as some companies trade ex-dividend; GSK shines

UPDATE 1-UK stocks slip as some companies trade ex-dividend; GSK shines For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window GSK rises after settlement of 80,000 Zantac litigations Precious metal miners jump on gold surge FTSE 100 down 0.1%, FTSE 250 off 0.6% Updated at 1550 GMT By Shubham Batra and Khushi Singh Oct 10 (Reuters) - The UK's main stock indexes slipped on Thursday as some of the companies traded without the entitlement of their
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UK Stocks-Factors to watch on Oct 10

UPDATE 1-UK Stocks-Factors to watch on Oct 10 Adds new items, updates futures Oct 10 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Thursday, with futures FFIc1 up 0.2%. * TRITAX EUROBOX: Brookfield Asset Management BAM.TO has agreed to buy Tritax EuroBox EBOX.L for 1.1 billion pounds ($1.44 billion), including debt, kicking off a possible takeover battle for the European logistics real estate firm.
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UK Stocks-Factors to watch on Oct 10

UK Stocks-Factors to watch on Oct 10 Oct 10 - Britain's FTSE 100 .FTSE index is seen opening higher, with futures FFIc1 up 0.29%. * GSK: GSK GSK.L has agreed to pay up to $2.2 billion to settle most lawsuits in U.S. state courts claiming that a discontinued version of the heartburn drug Zantac caused cancer, the company announced on Wednesday. * METALS: Copper prices rose in London on Thursday, rebounding from a two-week low hit in the previous session, as traders and investors awaited a China b
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UK grocery inflation edges higher, says Kantar

UPDATE 1-UK grocery inflation edges higher, says Kantar UK grocery inflation was 2.0% in four weeks to Sept. 29 -Kantar Grocery sales up 2.0% over four week period year-on-year Ocado and Lidl are fastest growing grocers Tesco market share hits 28%, highest since 2017 Adds table, detail in paragraphs 10 to 12 By James Davey LONDON, Oct 8 (Reuters) - British shoppers faced increased pressure on their budgets last month after grocery price inflation edged higher, industry data showed on Tuesday.
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UK grocery inflation edges higher, says Kantar

CORRECTED (OFFICIAL)-UK grocery inflation edges higher, says Kantar Corrects paragraph 7 after Kantar corrected its release to state Tesco achieved its largest share since December 2017, not its largest annual share gain this period since December 2017 LONDON, Oct 8 (Reuters) - British shoppers faced increased pressure on their budgets last month after grocery price inflation edged higher, industry data showed on Tuesday.
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Unilever overhauling European homecare supply chain, executive says

EXCLUSIVE-Unilever overhauling European homecare supply chain, executive says By Richa Naidu LONDON, Oct 7 (Reuters) - Unilever ULVR.L is spending over 150 million euros ($165 million) to revamp its European homecare business' supply chain, a senior executive told Reuters, aiming to make up for years of underperformance and tap into young, post-pandemic shoppers.
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UK's John Lewis says CEO Nish Kankiwala to revert to non-executive role

UPDATE 1-UK's John Lewis says CEO Nish Kankiwala to revert to non-executive role Adds detail paragraphs 3 to 6 LONDON, Oct 7 (Reuters) - British retailer the John Lewis Partnership said Chief Executive Nish Kankiwala will revert to a non-executive role by March next year. The country's largest employee -owned group, which runs John Lewis department stores and the upmarket Waitrose supermarket chain, said on Monday that after a transition period new chairman Jason Tarry will lead both the executi
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British Business - Oct 7

PRESS DIGEST-British Business - Oct 7 Oct 7 (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 - The owner of the American conservative newspaper The New York Sun Dovid Efune is closing in on a deal to buy the Telegraph for more than 550 million pounds ($721.99 million).
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UK Stocks-Factors to watch on Oct 4

UK Stocks-Factors to watch on Oct 4 Oct 4 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Friday, with futures FFIc1 up 0.01%. * SHEIN: Shein is set to hold informal investor meetings in the coming weeks for its planned London initial public offering (IPO), three sources with knowledge of the matter said, pushing ahead with preparations as it awaits UK regulatory approval.
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U.S. stocks dip with payrolls on tap as crude prices surge

LIVE MARKETS-U.S. stocks dip with payrolls on tap as crude prices surge Main indexes slightly end red; Dow off most, down ~0.4% Cons disc weakest S&P sector; Energy leads gainers Dollar up; crude up >5%; gold, bitcoin ~flat U.S. 10-Year Treasury yield rises to ~3.85% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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Are investors driving the utilities sector into an overbought condition?

LIVE MARKETS-Are investors driving the utilities sector into an overbought condition? Dow off ~0.3%, S&P 500 flat, Nasdaq edges green Energy leads S&P sector gainers; Cons disc weakest group Euro STOXX 600 index closes down 0.9% Dollar up; crude up ~4%; gold dips; bitcoin off ~1% U.S. 10-Year Treasury yield rises to ~3.83% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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Mining stocks drag FTSE 100 down; energy stocks gain for fifth day

UPDATE 1-Mining stocks drag FTSE 100 down; energy stocks gain for fifth day FTSE 100 down 0.1%, FTSE 250 down 0.2% Updated at 1555 GMT By Khushi Singh and Lisa Pauline Mattackal Oct 3 (Reuters) - The UK's benchmark FTSE 100 edged lower on Thursday, with losses in mining shares offsetting another strong day for energy companies, while Britain's biggest supermarket group Tesco climbed after raising its annual profit forecast.
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Thursday data jamboree: claims, layoffs, services PMI, factory orders

LIVE MARKETS-Thursday data jamboree: claims, layoffs, services PMI, factory orders Main U.S. indexes slightly lower; Dow Industrials off ~0.4% Energy best S&P sector performer, Real estate leads decliners Euro STOXX 600 index down ~1% Dollar up; crude up ~4%; gold, bitcoin dip U.S. 10-Year Treasury yield rises to ~3.82% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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U.S. stocks slip in early trade

LIVE MARKETS-U.S. stocks slip in early trade Main U.S. indexes slightly lower; Dow Industrials off ~0.5% Energy best S&P sector performer, Cons Disc leads decliners Euro STOXX 600 index down ~1% Dollar up; crude up >4%; gold, bitcoin dip U.S. 10-Year Treasury yield rises to ~3.83% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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