LONDON, Oct 12- Britain's energy suppliers, hit by rising operating and fuel costs, should think twice before hiking rates for cash-strapped families, finance minister George Osborne said on Friday.
LONDON-- Royal Bank of Scotland said Friday that Spanish bank Santander has backed out of its deal to buy 316 of RBS branches in the U.K., leaving the bailed-out bank looking for a new buyer. In August 2010, Santander agreed to buy the 316 RBS branches in England and Wales, along with the NatWest branch business in Scotland, but the deal was delayed several times.
NEW YORK, Oct 12- The New York- traded shares of Coca Cola Hellenic rose sharply on Friday, a day after the bottling company said it was leaving Greece, making the shares a standout in an otherwise flat market. The BNY Mellon index of leading American depositary receipts.
NEW YORK-- The price of oil dropped Friday after a new report predicted a slower pace of growth in demand for oil, overshadowing concerns about unrest in the Middle East. On the New York Mercantile Exchange:. _ Benchmark oil fell 21 cents to end at $91.86 per barrel.
LONDON-- A Gerhard Richter painting owned by Eric Clapton has sold for 21.3 million pounds, handily beating pre-sale estimates and setting a new auction record for the German abstract artist.
LONDON, Oct 12- Spain's Santander said it pulled out of a deal to buy 316 UK branches from Royal Bank of Scotland as there was no chance of the deal completing by the end of this year and it was unwilling to extend the deadline again.
LONDON, Oct 12- Royal Bank of Scotland said Spain's Santander has pulled out of its 1.65- billion-pound deal to buy 316 UK RBS branches in a blow to the state-backed British bank.
LONDON, Oct 12- Royal Bank of Scotland said Spain's Santander has pulled out of its 1.65- billion-pound deal to buy 316 UK RBS branches in a big blow to the state-backed British bank. RBS said it will restart the sale process, which had been ordered by European authorities as a cost for Britain's rescue of RBS back in 2008..
Nine other euro zone states joined France and Germany-- which have strongly pushed the measure-- in approving the tax at a European Union finance ministers meeting in Brussels this week, despite vocal opposition from Britain and Sweden. After heavy diplomatic pressure from Berlin, Spain and Italy agreed to support the measure, as well as Slovakia and Estonia.
LONDON, Oct 12- Britain's public broadcaster, the BBC, is to launch two internal inquiries into allegations that its late presenter Jimmy Savile, a household name to millions, used his fame to sexually abuse children over four decades, the corporation said on Friday.
CHARLESTON, W.Va.-- The Greenbrier resort is buying one of the nation's oldest golf courses after it failed to sell at auction over the summer, the resort's owner told The Associated Press on Friday. Greenbrier owner Jim Justice confirmed the purchase of Oakhurst Links.
TOKYO, Oct 13- British finance minister George Osborne on Saturday blamed an effective German veto for the failure of a $45 billion merger between British defence firm BAE.
TOKYO, Oct 13- Many Western economies are failing to face up to their responsibilities in the face of heavy economic headwinds, British finance minister George Osborne said on Saturday.
LONDON, Oct 12- Bosideng International Holdings, China's largest maker and distributor of down clothing, is eyeing store openings in Milan and New York if its first overseas venture in London proves a hit with the British capital's shoppers.
By Sinead Cruise and Chris Vellacott. LONDON, Oct 12- A plan to allow British employers to give shares to workers who sign away employee rights could leave the same staff with soaring tax bills, experts warn.
*Turkey- Syria tensions, lower N. Sea output support. Brent and U.S. crude remained on track to post weekly gains of around 2 percent, as the turmoil in the Middle East, especially in Syria, continues to intensify.
LONDON, Oct 12- Britain's' Big Six' energy suppliers, which control 99 percent of the market, are expected to increase energy tariffs this winter following a rise in underlying wholesale prices, network costs and mandatory government schemes to reduce carbon emissions and help disadvantaged households.
The FTSE Small Caps index closes 0.3 percent higher, outperforming falls of 0.6 percent on the FTSE 100 and 0.5 percent on the FTSE 250. Morgan Sindall gains 1.3 percent as the UK construction and regeneration group says it has been appointed preferred delivery partner for a 1.1 billion pounds contract at the Sellafield nuclear reprocessing plant.