Reuters UK Business

By Foo Yun Chee and Toby Sterling BRUSSELS (Reuters) – The European Commission announced draft rules on Thursday to give many drivers for online firms such as Uber and Deliveroo employee benefits, a move labour unions say is overdue but some companies argue will lead to job losses. The proposal, a global first that needs …

EU targets Uber, Deliveroo model with gig workers’ rights plan Read More »

By Gavin Jones and Giuseppe Fonte ROME (Reuters) -When Briton Candida Arvanitakis decided to make her 18th century Italian holiday home more energy efficient, she was pleasantly surprised to find it would cost her next to nothing as Italy is stumping up about 150,000 euros of the bill. Under a scheme introduced in July last …

Superbonus! Italy’s green growth gambit lines homes and pockets Read More »

By Anisha Sircar and Susan Mathew (Reuters) -European shares ended lower on Thursday, pressured by COVID-19 worries with highly valued technology stocks continuing their slide while falling oil prices weighed on energy companies. The pan-European STOXX 600 erased early gains to slip 0.1%, continuing a mid-week wobble on concerns the newly discovered Omicron coronavirus variant …

European shares fall again on Omicron worries Read More »

By Bansari Mayur Kamdar and Shreyashi Sanyal (Reuters) -UK shares closed lower on Thursday as worries about the impact of tougher COVID-19 restrictions in England hit the travel sector and overshadowed a clutch of positive earnings reports. The blue-chip FTSE 100 was 0.2% lower, while the domestically focussed mid-cap index <.FTMC> lost 0.4%. Airline stocks …

London stocks fall as COVID-19 curbs cloud positive earnings Read More »

LONDON(Reuters) – The pound edged up against the euro and held flat against the dollar on Thursday, just above its 2021 low against the greenback hit the day before, when Britain announced tougher restrictions against COVID-19 as the Omicron variant spreads. Prime Minister Boris Johnson on Wednesday evening instructed people to work from home where …

Sterling steadies as virus curbs dampen UK rate hike prospects Read More »

By Nick Carey and Paul Lienert OXFORD, England (Reuters) – We’d all be whizzing round in robotaxis by now if Elon Musk had been right. Instead, fully self-driving cars are struggling to get away from the starting grid and some investors are betting that driverless trucks will reach the chequered flag first. Only a year …

Trucks catch up in the self-driving vehicle race Read More »

By Susanna Twidale and Nina Chestney LONDON (Reuters) – High gas and power prices have driven energy retailers to the wall in many countries in a blow to market liberalisation efforts, leaving consumers with higher bills, a smaller pool of suppliers and calls for market reform. The number of companies supplying gas and electricity to …

Analysis-Flawed market reform leaves energy consumers with less choice Read More »