EUROPE RESEARCH ROUNDUP-Alstom, Siemens, Tesco Sept 13 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Alstom, Siemens and Tesco, on Friday. HIGHLIGHTS * Alstom ALSO.PA : HSBC raises target price to EUR 26 from EUR 24 * Hexagon AB HEXAB.ST : HSBC cuts target price to SEK 110 from SEK 120 * Siemens AG SIEGN.DE : HSBC cuts target price to EUR 140 from EUR 150 * Tesco TSCO.L : Citigroup raises target price to 425p from 350p * Travis P

PRESS DIGEST-British Business - Sept 13 Sept 13 (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 public debt is likely to soar to triple its current level over the next 50 years if future governments do not take action, due to pressures from an ageing population, climate change and geopolitical risks, the Office for Budget Responsibility said on Thursday.

UPDATE 3-Tesco loses UK legal battle over 'fire and rehire' of staff Tesco cannot 'fire and rehire' to remove increased pay – court Ruling is 'win for the trade union movement', union says Retailer says it wanted to 'ensure fairness' for staff Adds government comment in paragraph 5 By Sam Tobin LONDON, Sept 12 (Reuters) - Tesco TSCO.L was not entitled to terminate some employees' contracts and offer to rehire them on less favourable terms, the United Kingdom's Supreme Court ruled on Thursday.

Tesco loses UK legal battle over 'fire and rehire' of staff LONDON, Sept 12 (Reuters) - Tesco TSCO.L was not entitled to terminate some employees' contracts and offer to rehire them on less favourable terms, the United Kingdom's Supreme Court ruled on Thursday. Shopworkers' union Usdaw took legal action against Britain's biggest retailer after Tesco sought to remove some warehouse workers' entitlement to increased pay by ending their contracts and offering to re-engage them – a practice often

UPDATE 3-'The buzz is back', UK's John Lewis says turnaround plan is working Underlying first-half loss narrows to 5 mln stg Expects 'significantly higher' full-year profit Says well set up for a positive peak trading period Former Tesco exec Jason Tarry starts as chairman on Monday Adds CEO quote from briefing paragraph 4, detail throughout By James Davey LONDON, Sept 12 (Reuters) - British retailer the John Lewis Partnership reported a 91% reduction in first-half losses and said it was on trac

UPDATE 1-UK grocery inflation resumes downward trend, says Kantar UK grocery inflation was 1.7% in four weeks to Sept. 1 - Kantar 60% of UK households worried about rising cost of shopping Grocery sales up 3.0% over four week period year-on-year Ocado and Lidl are fastest growing grocers Asda remains the laggard Adds table, detail paragraphs 9 to 12 By James Davey LONDON, Sept 10 (Reuters) - UK grocery inflation edged lower in the four weeks to Sept.

UK grocery inflation returns to downward trend, says Kantar LONDON, Sept 10 (Reuters) - UK grocery inflation edged lower this month, data from market researcher Kantar showed on Tuesday, after rising for the first time in 18 months in last month's report. It said annual grocery price inflation was 1.7% in the four weeks to Sept 1, versus 1.8% in the previous four-week period .

UPDATE 1-Aldi UK says shoppers trading up as inflation eases Adds CEO comments in paragraphs 4-7 By Paul Sandle LONDON, Sept 9 (Reuters) - Supermarket group Aldi UK said its prices this summer were on average lower than a year ago, easing some of the pressures on its British shoppers who were treating themselves to more of its premium ranges. The country's fourth largest supermarket group reported on Monday a 16% rise in sales in Britain and Ireland to 17.9 billion pounds ($23.5 billion) in 2023

UK retailer John Lewis to bring back 100-year old price pledge By Sarah Young LONDON, Sept 5 (Reuters) - British department store John Lewis is reintroducing its 100-year old "Never Knowingly Undersold" promise for customers on Monday, two years after it dropped it, hoping a revamped version of the price guarantee will help drive growth. The employee-owned retailer, which also operates Waitrose supermarkets, returned to annual profit in March after three difficult years, and the new head of its

REFILE-FACTBOX-From apartheid to Gaza, consumer boycotts have hit major companies over the years Corrects to remove extraneous letter in paragraph 1, changes story identification tag LONDON, Sept 4 (Reuters) - Global companies including Anheuser-Busch InBev ABI.BR , Coca-Cola KO.N and Target TGT.N have suffered hits to sales and, in some cases, reputations, after shoppers boycotted their products or services over the years.

EUROPE RESEARCH ROUNDUP-Accelleron, BHP, Kingfisher Aug 28 (Reuters) - Securities analysts revised their ratings and price targets on several European companies including Accelleron, BHP and Kingfisher, on Wednesday. HIGHLIGHTS * Accelleron ACLN.S : Deutsche Bank raises target price to CHF 42 from CHF 34 * BHP Group BHPB.L : JP Morgan cuts target price to 2,580p from 2,650p * Kingfisher KGF.L : Citigroup cuts to neutral from buy * Vonovia SE VNAn.DE : Citigroup raises target price to EUR 52.80 f

Thousands of workers at UK retailer Next win equal pay case LONDON, Aug 27 (Reuters) - More than 3,500 current and former shop workers at British retailer Next NXT.L have won a six-year legal fight for equal pay, lawyers representing the claimants said on Tuesday. An Employment Tribunal ruled that Next had failed to show that paying its sales consultants, who are overwhelmingly women, lower pay rates than its warehouse workers was not sex discrimination, said Leigh Day, the law firm representing

EUROPE RESEARCH ROUNDUP- Admiral, Capgemini, Zurich Insurance Group Aug 22 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Admiral, Capgemini and Zurich Insurance Group, on Thursday. HIGHLIGHTS * Admiral ADML.L : Jefferies raises to hold from underperform * Capgemini CAPP.PA : Jefferies cuts target price to EUR 185 from EUR 195 * Glenveagh Properties Plc GLV.I : Jefferies raises to buy from hold * Orsted ORSTED.CO : Deutsche Bank c

UPDATE 1-Britain's Waitrose to invest $1.3 bln in stores over three years Adds details on new stores and background in paragraphs 2-7 LONDON, Aug 21 (Reuters) - British upmarket supermarket group Waitrose plans to invest 1 billion pounds ($1.30 billion) in new and existing shops over the next three years, it said on Wednesday. The chain, part of the employee-owned John Lewis Partnership, said it would open up to 100 convenience shops across the UK over the next five years.

Sun and holidays boost UK supermarket spending but Asda struggles, says NIQ UK supermarkets enjoy best growth in sales this year, says NIQ Ocado and Marks & Spencer are UK's fastest growing grocers Asda remains the laggard By James Davey LONDON, Aug 21 (Reuters) - Warm weather and household buying ahead of summer holidays accelerated sales growth at UK supermarkets in August, although No.

PRESS DIGEST-British Business - Aug. 19 Aug 19 (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 - Barclays BARC.L is facing scrutiny over the 2.9 million pounds ($3.75 million) fixed pay it gives to its boss after becoming the first British bank to overhaul bonuses following the UK’s decision to abandon a cap on payouts.

Aldi UK axes click and collect service Aldi's click and collect service to end on Aug. 18 Service introduced during pandemic lockdowns in 2020 LONDON, Aug 15 (Reuters) - Aldi UK, Britain's fourth largest supermarket group, is to end its click and collect service that was introduced at the height of the pandemic, the company said on Thursday. Launched in September 2020, the service was initially introduced in response to the online grocery shopping boom that was fuelled by the COVID-19 pandemic l

UPDATE 1-UK grocery inflation edges higher after 17 months of decline UK grocery inflation was 1.8% in 4 weeks to Aug 4, says Kantar BRC has warned of renewed inflationary pressures Official UK inflation data for July to be published on Wednesday Shares in Tesco, Sainsbury's rise on solid performance Adds share price reaction in paragraphs 10 and 11 By James Davey LONDON, Aug 13 (Reuters) - UK grocery inflation edged higher this month for the first time since March 2023, industry data showed on

UK grocery inflation edges higher after 17 months of decline UK grocery inflation was 1.8% in 4 weeks to Aug 4, says Kantar BRC has warned of renewed inflationary pressures Official UK inflation data for July to be published on Wednesday By James Davey LONDON, Aug 13 (Reuters) - UK grocery inflation edged higher this month for the first time since March 2023, industry data showed on Tuesday.

PRESS DIGEST-British Business - Aug 12 Aug 12 (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 - Elon Musk has thrown the tech industry's main anti-terror organisation into turmoil amid claims X has become the top platform for hosting Hamas videos.