U.K. & Ireland News
-
WPP Plc, the world’s largest advertising agency, cut its full-year sales growth target for the second time in two months as the marketer grappled with reduced spending from clients in North America and Europe.
-
Mortgage customers earning more than 300,000 pounds ($480,500) annually will be exempt from tougher affordability checks designed to prevent borrowers taking on too much debt, the U.K. Financial Services Authority said.
-
Europe’s largest container lines are making an attempt to increase Asia-Europe rates to more than break-even levels and restore profit before year-end. Capacity cuts may boost their chance of success.
-
Surging demand for European Union wheat is reducing stockpiles to a 14-year low and driving prices in France, the biggest exporter, to a record premium over U.S. grain after drought withered supply from the Black Sea region.