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Europe News United Kingdom

  • Britain's Marks & Spencer reported a 10 percent decline in annual profit and said clothing and homeware sales fell in its latest quarter.

  • Like-for-like sales in the UK and Ireland also rose 2 percent in the final quarter, driven by a strong electricals performance, Dixons said, although its phone business was impacted by the deferred release of the Samsung S8 smartphone which was pushed back five weeks. Chief Executive Officer Sebastian James said the company had not seen any changes in consumer...

  • *Settlement talks to continue on Wednesday- sources. LONDON, May 24- Royal Bank of Scotland is struggling to reach a deal with all the investors who allege the lender misled them during a 12 billion pound cash call in 2008, two sources familiar with the situation said. Jonathan Nash, a lawyer for the claimant group, told London's High Court on Tuesday the majority of...

  • Raising terror threat level will support Manchester investigation: Police chief

    CNBC's Willem Marx reports from Manchester on the investigation into this week's terror attack.

  • Until recently, the region's tech start-up scene was stagnant, failing to rank among Europe's top dozen countries for investment and lagging western and northern European countries, as well as decades-old tech hub Israel. By last year, investment in central Europe, while still modest, had jumped more than tenfold since 2012, buoyed by a growing number of deals.

  • Expect more armed officers in the UK policing events

    CNBC's Willem Marx updates from Manchester on the aftermath and ongoing investigation into this week's terror attack.

  • Links between Manchester bomber and ISIS not confirmed: Pro

    Dominic Simonis-Law, principal security analyst at Verisk Maplecroft, explains the U.K. government's reactionary measures following a suicide bombing in Manchester that killed 22.

  • Manchester attack: 'There is no 100% security'

    As terrorists turn to "soft targets" in public spaces, security becomes harder to achieve, says Francesco Mancini, assistant dean of the LKYSPP at NUS.

  • LONDON— Global stock markets traded in narrow ranges Wednesday, with investors brushing aside Moody's decision to cut China's debt rating. CHINESE DEBT: Moody's cut the Chinese government's rating to a still-relatively robust A1 from Aa3 and changed its outlook to stable from negative. The Chinese finance ministry criticized the move and said Moody's...

  • Floral tributes on May 23, 2017 in Manchester, England. An explosion at Manchester Arena on May 22, 2017 has left 22 fatalities and 59 injured.

    Global intelligence services can't always prevent certain kinds of terror operations, strategists warned in the aftermath of Manchester's suicide bombing.

  • TOKYO, May 24- The dollar held firm on Wednesday, having rebounded from 6-1/ 2- month lows against its major peers helped by a rise in U.S. Treasury yields, while the yuan eased after Moody's cut its sovereign rating on China due to concerns over the country's soaring debt. It managed to pull away from the 96.797 level plumbed on Monday, its lowest since Nov. 9, when...

  • Manchester attacker possibly had assistance: Expert

    Jeffrey Ringel of The Soufan Group believes the bomber at Manchester Arena likely had help in building the explosive device that killed 22 people.

  • *Spot gold was up 0.1 percent at $1,252.32 per ounce by 0057 GMT. *A U.S. interest rate hike next month is a "distinct possibility," the head of the Federal Reserve Bank of Philadelphia, Patrick Harker, said on Tuesday, adding that another disappointing reading on monthly inflation could cause the U.S. central bank to hold back. *Former CIA director John Brennan said on...

  • But any increase risks fanning the flames of the trade tensions around China's impact on the rest of the aluminum world. Moreover, there is plenty of devil in the detail of China's aluminum exports. Graphic on China's exports of aluminum "semis":.

  • But any increase risks fanning the flames of the trade tensions around China's impact on the rest of the aluminium world. Moreover, there is plenty of devil in the detail of China's aluminium exports. Graphic on China's exports of aluminium "semis":.

  • Engaging with local Muslim communities and stepping up information sharing are key, notes Thomas Sanderson of CSIS.

  • *Dollar index pulls away from 6-1/ 2- month lows. TOKYO, May 24- The dollar held firm early on Wednesday, having rebounded from 6-1/ 2- month lows against its major peers thanks to a rise in U.S. It managed to pull away from the 96.797 level plumbed on Monday, its lowest since Nov. 9, when concerns over U.S. politics stemming from the Trump election campaign's suspected...

  • **LONDON- European Central Bank to publish Financial Stability Report- 2100 GMT. MADRID- European Central Bank President Mario Draghi speaks at First Conference on Financial Stability- 1345 GMT. TORONTO- Federal Reserve Bank of Dallas President Robert Kaplan participates in a moderated question-and-answer session before the C.D.

  • **LONDON- European Central Bank to publish Financial Stability Report- 2100 GMT. MADRID- European Central Bank President Mario Draghi speaks at First Conference on Financial Stability- 1345 GMT. TORONTO- Federal Reserve Bank of Dallas President Robert Kaplan participates in a moderated question-and-answer session before the C.D.

  • Manchester attack: UK threat level raised to 'critical'

    Otso Iho, IHS Markit, says there could be a wider network of individuals connected to the Manchester suicide bomber.