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What do Britain's major airports, most of its utilities, the top drugstore chain, one of its biggest brewers and the maker of the nation's favorite chocolate bar have in common? All are owned by foreign companies.
British luxury goods company Burberry Group PLC is pushing ahead with new store openings after reporting Thursday that surging sales of leather bags and other accessories more than doubled its full-year profits.
Diageo PLC, the world's largest spirits maker, unveiled plans on Wednesday to restructure its international business to focus on fast growing emerging markets and flagged potential job losses in Europe.
British lawmakers said Monday that shale gas resources in Britain should be developed to reduce the country's reliance on imported supplies.
The British government outlined plans for the world's first state-backed green investment bank on Monday — a key plank of its pledge to transition the country into a low-carbon economy.
The British government has warned the country's major banks that it wants to see a "significant improvement" in lending to smaller businesses after figures released Monday fell well short of pledges.
Lloyd's of London, the world's largest insurance market, has estimated net claims of $3.8 billion before tax from this year's Japan and New Zealand earthquakes and Australian floods.
The London Stock Exchange, which owns markets in Britain and Italy and is planning a merger with the owner of the Toronto bourse, reported a 70 percent rise in full year profits on Friday after a rise in new issues on the market.
Figures showing a slowdown in the construction sector and falling house price prices reinforced market expectations that the Bank of England will keep its benchmark interest rate at the record low of 0.5 percent for a few more months.
BP expects to be back drilling in the Gulf of Mexico, where a rig explosion last year killed 11 men and caused the biggest offshore oil spill in U.S. history, in the second half of this year.
British banks could be forced to pay customers billions of pounds (dollars) in compensation after losing a legal challenge on Wednesday over the mis-selling of loan insurance.
Scuffles between protesters and security guards marred BP's first annual shareholder meeting since the Gulf oil spill Thursday, as investors registered their disapproval with sizable protest votes against company directors.
A tanker arrived in Libya's rebel-held port of Marsa el-Hariga on Tuesday to load up a shipment of oil for export, potentially giving opponents of Moammar Gadhafi crucial funding amid escalating violence.
Britain was criticized on Wednesday for watering down its much-vaunted update of century-old bribery laws — a revision that initially had been hailed by activists as creating one of the world's broadest and most effective new anti-corruption regimes.
Britain's Tullow Oil PLC said Wednesday it is selling stakes in its Ugandan exploration blocks to France's Total SA and China's state-owned CNOOC Ltd. for $2.9 billion cash, paving the way for development of the oil rich Lake Albert Basin.
The British government put business competitiveness at the center of its economic recovery plans in its annual budget on Wednesday, enticing foreign investment with a corporation tax cut as it acknowledged economic growth will be slower than anticipated this year.
BP PLC's partners in Russian joint venture TNK-BP rejected a proposal by the British oil company on Saturday regarding its disputed tie-up with OAO Rosneft, Russia's top crude producer.
HSBC Holdings PLC increased its dividend Monday as it reported that profits more than doubled last year, but the bank disappointed investors by falling short of analysts' forecasts and cutting its future profitability predictions.
International Airlines Group SA, formed last month by the merger of British Airways PLC and Iberia SA, reported modest combined 2010 profits in its inaugural earnings on Friday despite higher fuel costs.
The Royal Bank of Scotland, Britain's largest government-owned bank, reported Thursday a smaller net loss for 2010 after returning to profit in the final quarter of the year and said its recovery from the crisis was ahead of schedule.
Spanish oil company Repsol-YPF says it has suspended production in Libya amid deadly protests against the regime of Moammar Gadhafi.
BP PLC is paying India's Reliance Industries $7.2 billion to take a stake in key oil and gas blocks, gaining a significant foothold in the Asian country as it continues to reposition global operations following the disastrous Gulf of Mexico spill.
Spending cuts, rising unemployment, dour winter weather — it's not a good time to ask voters how happy they are.
Bundled up against the cold, Dave Willis and wife Sue shovel snow from the pathway to The Raven Inn. Wendy Holifield carries out the sandwich board and plants it by the pub's stone wall. Inside, Jim Pilkington stokes the fire and checks the beer taps are in order.
The Bank of England warned Friday that Britain is only "partially insulated" from the European financial crisis, and cautioned that a redistribution of capital poses a medium-term risk.
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