* BARCLAYS: Barclays reported a 14% fall in annual profits, as costs from an administrative blunder that saw it oversell securities in the United States compounded a collapse in deal fees earned by its investment bank.
* GLENCORE: Glencore announced a
payout of $7.1 billion to its investors, including a new $1.5 billion share buyback programme, after posting a record 2022 trading profit.
* HARGREAVES LANSDOWN: British investment platform Hargreaves Lansdown Plc reported a 31% jump in its half-year profit before tax, as an increase
in the number of its active clients overshadowed a drop in the assets managed by
the company.
* DUNELM: British homeware retailer Dunelm Group Plc reported a
lower half-year profit as inflationary pressures and a cost-of-living crisis in
the UK hurt its margins.
* INFLATION: British consumer price
inflation fell more than expected to 10.1% in January from December's 10.5%, official data showed.
* BP: Fertiliser maker CF Industries Holdings Inc said it had signed
a deal with BP for 2.2 billion cubic feet of natural gas in 2023 for
ammonia production.
* BARCLAYS: Barclays is winding down the majority of its consumer lending
operation, The Times newspaper reported.
* WAITROSE: Upmarket British supermarket group Waitrose said it will spend
100 million pounds to cut prices on over 300 own-brand products as it fights to
retain customers amid record industry inflation.
* OIL: Oil prices extend losses.
* GOLD: Gold prices fell as the dollar firmed.
* For more on the factors affecting European stocks, please click on: TODAY'S UK PAPERS
> Financial Times > Other business headlines (Reporting by Prerna Bedi in Bengaluru; Editing by Dhanya Ann Thoppil)
