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Jun 22, 2014

Insight – An unlikely hero, Gordon Brown enters the battle for Scotland

DUNDEE Scotland (Reuters) – Gordon Brown, once ranked Britain’s most unpopular prime minister in half a century, may yet emerge as the man who convinces Scots to reject independence.

For many English, Scotsman Brown is an unlikely hero.

Often brooding and awkward in front of the camera, the former prime minister led his Labour party to its worst electoral defeat in a generation in 2010.

Jun 22, 2014

An unlikely hero, Gordon Brown enters the battle for Scotland

DUNDEE, Scotland, June 22 (Reuters) – Gordon Brown, once
ranked Britain’s most unpopular prime minister in half a
century, may yet emerge as the man who convinces Scots to reject
independence.

For many English, Scotsman Brown is an unlikely hero.

Often brooding and awkward in front of the camera, the
former prime minister led his Labour party to its worst
electoral defeat in a generation in 2010.

Jun 19, 2014

European shares rally towards multi-year highs, boosted by Fed

EDINBURGH, June 19 (Reuters) – European shares rose in early
deals on Thursday, boosted after the Federal Reserve said the
U.S. economy was making progress and committed to retaining
accommodative monetary policy over the long term.

The pan-European FTSEurofirst 300 rose 0.7 percent
by 0741 GMT, tracking gains overnight on Wall Street and in Asia
that saw the S&P 500 hit a new record high.

Jun 18, 2014

Voters back JK Rowling as more Scots reject independence -poll

EDINBURGH, June 18 (Reuters) – Campaigners opposing Scottish
independence strengthened their lead in a poll released on
Wednesday as voters backed Harry Potter author JK Rowling after
she received online abuse for supporting the pro-union campaign.

The YouGov poll bucked a recent trend of surveys showing
nationalists gaining support by finding that backing for
Scotland to stay in the United Kindgom rose in the past two
months, giving the “No” camp its biggest lead since March.

Jun 17, 2014

European shares recover lost ground, boosted by M&A hopes

EDINBURGH, June 17 (Reuters) – European shares edged higher
on Tuesday, boosted by hopes for mergers and acquisitions among
healthcare companies and rebounding from losses caused by
geopolitical concerns.

Shares in British pharmaceutical group Shire rose
3.5 percent, the biggest gain on the pan-European FTSEurofirst
300, after Reuters reported that it had hired
investment bank Citi as an adviser, expecting to receive
takeover approaches following a wave of deals in the healthcare
sector.

Jun 16, 2014

FTSE slips as prospect of Smith & Nephew takeover fades

EDINBURGH (Reuters) – The FTSE 100 edged lower on Monday, weighed down by weakness in Smith & Nephew as hopes faded for a takeover of the medical technology company.

Smith & Nephew fell 2.7 percent, the biggest decline in the FTSE 100, after Medtronic, the world’s largest standalone medical device maker, agreed to buy Dublin-based Covidien Plc for $42.9 billion and relocate to Ireland, to seek a lower corporate tax rate.

Jun 16, 2014

Britain’s FTSE slips as prospect of Smith & Nephew takeover fades

EDINBURGH, June 16 (Reuters) – Britain’s top share index
edged lower on Monday, weighed down by weakness in Smith &
Nephew as hopes faded for a takeover of the the medical
technology company.

Smith & Nephew fell 2.7 percent, the biggest decline
in the FTSE 100, after Medtronic, the world’s
largest standalone medical device maker, agreed to buy
Dublin-based Covidien Plc for $42.9 billion and relocate
to Ireland, to seek a lower corporate tax rate.

Jun 15, 2014

Polls show Scottish independence vote is closer than ever

EDINBURGH (Reuters) – The campaign for Scottish independence continues to gain ground against its pro-union rival, two surveys showed on Sunday, as pollsters near consensus that the race is getting ever-tighter ahead of the September referendum.

A record 43 percent back the campaign for independence, according to the latest poll by Panelbase, up two points from May, with the percentage against dropping one point to 46 percent.

Jun 12, 2014

Concerns over global growth peg back FTSE

EDINBURGH (Reuters) – Britain’s top share index edged lower on Thursday, pegged backed by globally exposed stocks sensitive to optimism on the economy, hemming the FTSE into its recent range.

Miners fell 1.5 percent and accounted for 6 of the top 10 fallers on the FTSE 100, near a three month low.

Jun 12, 2014

Concerns over global growth peg back Britain’s FTSE

EDINBURGH, June 12 (Reuters) – Britain’s top share index
edged lower on Thursday, pegged backed by globally exposed
stocks sensitive to optimism on the economy, hemming the FTSE
into its recent range.

Miners fell 1.5 percent and accounted for 6 of
the top 10 fallers on the FTSE 100, near a three month low.

    • About Alistair

      "Alistair Smout is working on the Investment and Emerging Markets for Reuters Europe over the summer. He specialises in Africa and Europe."
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