Edition:
United States

Noor Zainab Hussain

Slowing business demand hits Whitbread's Premier Inn

5:22am EDT

Britain's Whitbread Plc, focused on the hotel business after the sale of its Costa Coffee chain, reported lower room revenue over the past three months as companies cut back on business travel.

UPDATE 2-Slowing business demand hits Whitbread's Premier Inn

5:12am EDT

* Business customers contribute significantly to revenue (Adds CEO, analyst comments, share movement)

FirstGroup reaches end of the line of Greyhound bus ride

May 30 2019

Dallas-based Greyhound was put up for sale by Britain's FirstGroup on Thursday as the North American bus line battles to compete with growing pressure from low cost airlines. | Video

CORRECTED-UPDATE 3-FirstGroup reaches end of the line of Greyhound bus ride

May 30 2019

May 30 Dallas-based Greyhound was put up for sale by Britain's FirstGroup on Thursday as the North American bus line battles to compete with growing pressure from low cost airlines.

UK watchdog probes NSF's hostile $1.6 billion bid for rival Provident

May 29 2019

British doorstep lender Non-Standard Finance (NSF) faced a fresh hurdle in its hostile 1.3 billion pound ($1.6 billion)bid for rival Provident Financial on Wednesday as the UK competition watchdog raised questions over the proposed deal.

Stagecoach sues UK transport authority over second rail franchise

May 24 2019

Rail operator Stagecoach Group Plc is suing Britain's transport authority after being disqualified from bidding for the West Coast rail franchise along with partners SNCF and Virgin.

UPDATE 2-Stagecoach sues UK transport authority over second rail franchise

May 24 2019

* Partners in West Coast franchise are SNCF, Virgin (Adds comment from DfT spokesman, background)

Tate & Lyle slips after forecasts only limited earnings growth

May 23 2019

Shares in Tate & Lyle slipped more than four percent after the food ingredients company forecast broadly flat to low-single figure digit earnings per share growth for 2020.

Pret A Manger swallows EAT as it looks to boost Veggie brand

May 22 2019

Pret A Manger has bought smaller rival EAT, the British sandwich and coffee shop chain said on Wednesday, as it looks to capitalize on the thriving vegan and vegetarian market through its Veggie Pret brand.

Royal Mail puts parcels at heart of growth plan

May 22 2019

Royal Mail Plc slashed its dividend by 40% on Wednesday to fund a new five-year turnaround drive focused on expanding its parcels business internationally to better position the group for a future dominated by online deliveries.

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