Reuters UK Business

Pension funds should join forces on UK investment, City of London chief says

16 Oct 2025

By Tommy Reggiori Wilkes and Phoebe Seers LONDON (Reuters) -British pension funds should club together on major investment projects to pool resources and help attract foreign capital, the Lord Mayor of London said on Thursday, renewing his calls for funds to invest more in unlisted assets. UK pension funds invest far less in private markets …

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Canada, Britain, eye EU reparations loan idea for Ukraine, Dombrovskis says

16 Oct 2025

WASHINGTON (Reuters) -Canada and Britain have expressed interest in working on the EU idea of a reparations loan for Ukraine based on immobilised Russian assets, European Economic Commissioner Valdis Dombrovskis said on Thursday. Speaking to Reuters on the sidelines of the International Monetary Fund meetings in Washington, Dombrovskis said he presented the idea of the …

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G20 risk watchdog warns of ‘significant gaps’ in global crypto rules

16 Oct 2025

By Elizabeth Howcroft and Marc Jones PARIS/LONDON (Reuters) -There are “significant gaps” in countries’ attempts to regulate fast-growing crypto markets, which could potentially harm financial stability, the G20’s risk watchdog warned on Thursday. The Financial Stability Board (FSB), a body founded in the aftermath of the global financial crisis, made a series of recommendations on …

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Bank of England’s Mann says UK job market weaker, not falling off cliff

16 Oct 2025

WASHINGTON (Reuters) -Britain’s labour market is weakening, but not at so sharp a rate that it requires the Bank of England to cut interest rates further, BoE policymaker Catherine Mann said on Thursday. Official data on Tuesday showed Britain’s unemployment rate edged up to its highest in over four years while wage growth slowed. “What …

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UK stocks mixed as investors assess corporate earnings amid fiscal worries

16 Oct 2025

(Reuters) -London stocks were mixed on Thursday as investors assessed an assorted bag of corporate updates and remained cautious ahead of next week’s UK inflation data amid ongoing fiscal concerns. The blue-chip FTSE 100 closed up 0.12%, while the mid-cap FTSE 250 declined 0.13%. Data on Thursday showed that Britain’s economy expanded 0.1% in August …

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Portugal’s proposal for EDP’s grid returns still lags European peers

16 Oct 2025

LISBON (Reuters) -Portugal’s electricity market regulator ERSE proposed on Thursday an increase in returns on grid assets of the country’s largest utility EDP, although below the return levels enjoyed by EDP’s peers in other European countries. A crippling blackout that hit Spain and Portugal on April 28 reignited debate about investments in power networks and …

Portugal’s proposal for EDP’s grid returns still lags European peers Read More »

Euronext welcomes Merz’s call for a European stock market

16 Oct 2025

FRANKFURT (Reuters) -Euronext CEO Stéphane Boujnah on Thursday welcomed German Chancellor Friedrich Merz’s call for a European stock exchange to support European companies and growth. “Euronext has always been driven by the strong conviction that in Europe it’s always possible to succeed together rather than fail separately. Euronext is ready to contribute to the next …

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EIB chief backs ‘bold’ European reform to bolster local startups

16 Oct 2025

By Elisa Martinuzzi WASHINGTON (Reuters) -European Investment Bank President Nadia Calvino urged the European Commission to be bold with new rules allowing startup firms to easily operate across the bloc, a move aimed at keeping fledgling companies in the region. The so-called “28th regime” reform would make it easier to raise money and invest across …

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Chip stocks rise after TSMC’s rosy outlook on strong AI demand

16 Oct 2025

(Reuters) -Semiconductor stocks advanced on Thursday after top contract chipmaker TSMC issued a rosy forecast, fanning optimism about demand for artificial intelligence infrastructure in a week of multi-billion-dollar deals across the sector. The company posted a record quarterly profit and raised its annual revenue expectation, pointing to robust demand from customers including AI chip giant …

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J&J faces first UK lawsuits alleging its baby powder caused cancer

16 Oct 2025

LONDON (Reuters) -Johnson & Johnson is facing the first lawsuits in Britain over allegations that its talc products cause cancer, as it fights tens of thousands of similar claims in the United States. The lawsuit was filed at the English High Court on Tuesday against J&J and Kenvue UK Limited, a subsidiary of Kenvue, J&J’s …

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