Bloomberg Ryanair Holdings Plc cut its profit guidance as the slump in the pound following Britain’s vote to quit the European Union weighs on fares, after previously holding out against a revision. Net income in the year ending March 31 will increase by about 7 percent rather than the 12 percent previously estimated as sterling’s slide has a bigger ...

  Bloomberg Tesco Plc’s share of its home market grew for the first time in five years, providing further evidence that Chief Executive Officer Dave Lewis has gotten the U.K.’s biggest grocer back on track. Tesco’s sales in the 12 weeks to Oct. 9 rose 1.3 percent, according to researcher Kantar Worldpanel. The Welwyn Garden City, England-based retailer was the ...

  Bloomberg British Airways Chief Executive Officer Alex Cruz threw his weight behind the construction of a third runway at London’s Heathrow airport and said the carrier is continuing to develop expansion plans even as it wrestles with the fallout from the UK’s vote to quit the European Union. With the UK government poised to decide on the location of ...