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22 Feb

BoE's Ramsden sees further tightening, uncertain outlook

LONDON (Reuters) -The Bank of England will need to raise interest rates slightly more over the coming months, but their longer-term path is hard to predict due to uncertainties including the Russia-Ukraine conflict, Deputy Governor Dave Ramsden said on Tuesday.

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22 Feb

UK manufacturing price pressures highest since 1976 - CBI

More British manufacturers plan to raise prices in the next three months than at any point since 1976, according to a survey on Tuesday that highlighted the inflationary forces that are buffeting the economy.

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22 Feb

'Russia will feel the pain,' EU says as it prepares sanctions

BRUSSELS (Reuters) -European Union ministers said they would agree on Tuesday the first round of tough but incremental sanctions against Russia over its formal recognition of two breakaway regions in eastern Ukraine.

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22 Feb

Hargreaves' asset growth, net new business slows; shares fall

(Reuters) -Britain's biggest retail stockbroker Hargreaves Lansdown on Tuesday reported slower growth than analysts had expected in the assets it manages and net new business for the half year to December, sending its shares sliding over 15%.

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22 Feb

London-listed Coca-Cola HBC readies Russia contingencies as profits rise

Coca-Cola HBC said on Tuesday it had contingency plans to cope with the escalating Russia-Ukraine crisis, as the London-listed soft drinks bottler reported a surge in annual profit driven in part by its large Russian business.

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22 Feb

From contagion to sanctions, Europe's banks brace for Russia fallout

LONDON/VIENNA (Reuters) -European banks on Tuesday were bracing for fallout and fresh sanctions after Russia ordered troops into breakaway regions of eastern Ukraine, with HSBC warning of market contagion and Austria's Raiffeisen Bank International readying "crisis plans".

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22 Feb

Bosch to invest additional 250 million euros in chip production capacity

Bosch is investing an additional 250 million euros ($282.50 million) in extending chip production facilities at its Reutlingen plant in Germany, the company said on Tuesday.

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