Home / UK

UK

UK warns against all but essential Sri Lanka travel – BBC News

Image caption Eight Britons died in the attacks: Alex, Anita and Annabel Nicholson, Daniel and Amelie Linsey, Dr Sally Bradley and Bill Harrop, and Lorraine Campbell (clockwise from top left) The UK is advising against all but essential travel to Sri Lanka after the Easter Sunday bombings in which about …

Read More »

UK regulator blocks Sainsbury’s US$9.4 billion Asda takeover – CNA

LONDON: Britain’s competition regulator on Thursday blocked Sainsbury’s proposed 7.3 billion pound (US$9.4 billion) takeover of Walmart owned Asda: a huge blow to the supermarket groups who wanted to combine to overtake market leader Tesco. The Competition and Markets Authority (CMA) ruling is also a major setback for Sainsbury’s Chief …

Read More »

Travel advice to Sri Lanka updated – GOV.UK

The Foreign Office has changed its travel advice to Sri Lanka to advise against all but essential travel, in light of the ongoing security operation and heightened risk of terrorism in Sri Lanka following the attacks on Easter Sunday. Foreign Secretary Jeremy Hunt said: Following the horrific attacks on Easter …

Read More »

Walmart’s British Arm Is Blocked From Merging With U.K. Supermarket J Sainsbury – The Wall Street Journal

LONDON—Regulators blocked the proposed merger between Walmart Inc.’s British grocery unit and rival J Sainsbury PLC citing competition concerns, meaning the U.S. retail giant must now find ways to drive stand-alone growth for Asda Group in the U.K.’s highly competitive retail market. Britain’s Competition and Markets Authority said Thursday the …

Read More »

A Bid to Buy Walmart’s U.K. Unit Is Officially Dead – Fortune

J Sainsbury Plc dropped its 7.3 billion-pound ($9.4 billion) bid to buy Walmart Inc.’s Asda unit after U.K. antitrust authorities formally blocked the merger of grocery stores. The companies quickly raised the white flag after the Competition and Markets Authority said that the combination, even with the substantial divestiture of …

Read More »