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.
* Business customers contribute significantly to revenue
(Adds CEO, analyst comments, share movement)
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
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.
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.
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.
* Partners in West Coast franchise are SNCF, Virgin
(Adds comment from DfT spokesman, background)
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 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 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.