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Japan’s Yakult urges UK to show its hand in Brexit talks

Bloomberg The UK needs to clarify its Brexit plans to avoid undermining consumer confidence as talks on leaving the European Union run into roadblocks, according to one of Japan’s biggest food companies. Yakult Honsha Co., which sells 190,000 bottles of its probiotic, yogurt-like drink in the UK daily, intends to stay in the country regardless of the outcome of the ...

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UK inflation climbs to 5-year high of 3%

Bloomberg UK inflation climbed to its highest rate in more than five years in September, boosted by the cost of food and transport. Consumer prices rose 3 percent from a year earlier, the fastest pace since April 2012 and up from 2.9 percent in August, the Office for National Statistics said on Tuesday in London. The increase intensifies the squeeze ...

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European car sales drop as Brexit hurts UK demand

Bloomberg European car sales fell in September for only the second monthly drop this year as concerns about Brexit among UK consumers more than offset gains in France, Italy and Spain. Registrations declined 2 percent from a year earlier to 1.47 million vehicles, the Brussels-based European Automobile Manufacturers’ Association, or ACEA, said in a statement. Figures were dragged down by ...

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