* TESCO: Britain's biggest retailer Tesco forecast
flat profit in its new financial year after recording a 6.3%
fall for 2022/23.
* IMPERIAL BRANDS: Tobacco group Imperial Brands said its revenue for the first-half of the year would be
"slightly below" a year earlier.
* PZ CUSSONS: PZ Cussons Plc reported a
rise in quarterly like-for-like revenue on Thursday.
* DARKTRACE: Cyber-security company Darktrace said the tough global economy had hit new customer additions and
as a result it expected its full-year annual recurring revenue
(ARR) to
grow by around 29%, towards the bottom of its previous guidance.
* LUCECO: KPMG has been
fined 875,000 pounds ($1.09 million) for its audit of lighting manufacturer Luceco for the financial year to Dec. 31, 2016.
* INCE: Legal and professional services firm Ince Group Plc plans to enter administration and pursue a sale of the
company, it said on Wednesday, amid cash concerns and repeated
delays in reporting its financial results.
* HOUSING: Britain's housing market continued to feel the
pinch of higher borrowing costs in March, but property surveyors
expect some improvement over the year ahead as they think
interest rates are now near their peak.
* OIL: Oil prices retreated after rising for two sessions,
with investors still showing lingering concern over a possible
U.S. recession and weaker oil demand.
* London's FTSE 100 closed higher on Wednesday for the
fourth straight session, supported by healthcare and energy
stocks as signs of cooling inflation in the U.S., the world's
largest economy, boosted investor sentiment.
* For more on the factors affecting European stocks, please
click on: TODAY'S UK PAPERS
> Financial Times > Other business headlines (Reporting by Muhammed Husain in Bengaluru)
