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Britons pay an equivalent cost of $5.35 a gallon for gasoline and have some of the highest fuel costs in Europe.
The retailer's Asda unit will concentrate turnaround efforts on better merchandise selection and sharper prices.
Asda sees sales fall by 5% and market share dwindle, according to industry data from Kantar Worldpanel.
In an election rife with hacking fears, security companies such as FireEye and Fortinet could be the real winners.
Investors should keep an eye on French stocks, despite a reputation for bureaucracy.
M&S announces it will close 60 clothing and home stores to focus on Simply Food outlets.
The grocer's banking subsidiary freezes online current accounts after deposits are plundered.
Nomad Foods' fish fingers also set for Post-Brexit price rise as Bank of England lifts near-term inflation forecasts.
Morrison's third-quarter sales grow on strong Halloween sales.
Steep losses for oil, earnings aftershocks and another Clinton investigation leave markets reeling.
Rathbone announces a rights issue to plug a capital gap after the pension deficit widens in the wake of the Brexit vote.
Risk stocks lead European markets higher after Chinese GDP comes in as expected and commodities rise
Low-cost retailers make gains, as pricing competition heats up.
Friday rally rounds off a volatile week for European markets as risk stocks lead the way back up.
Consumers get first glimpse of Brexit impact after Unilever demands price hike on much-loved Marmite.
Faster inflation data from China and solid car sales figures from Europe add a positive tone to early trading.
Weak trade data from China sparks renewed concern over the global economy, while revived jitters over Brexit reverberate across Europe.
Investors should turn their gaze to the eurozone; it now looks better than the U.S. and U.K.
Following the collapse of British Home Stores, industry bodies are calling for action to prevent future M&A from sinking distressed pensions
Talk of a pending settlement between the German institution and the Department of Justice buoys the shares.
Shares rise more than 10% as investors welcome cost savings guidance and shrug off a pension deficit.
The pound continues to fall as markets await Prime Minister Theresa May's speech later on Wednesday.
Low-cost competitor Aldi announces a $390 million U.K. improvement plan.
The German lender hits new lows after reports that the German government will not offer it state aid to help with looming fines.
The Bank of England indicates that a further rate cut might come later in the year.
Supermarket Morrisons surges on unexpected rise in same-store sales despite fierce food price war.
The report joins a body of evidence likely to convince Bank of England rate setters today to hold off on further easing.
Europe's manufacturing sector shrugs off Brexit vote.