Reuters UK Domestic

By Carolyn Cohn LONDON (Reuters) – Health insurance rates in Britain are likely to soar by at least 20% next year due to the surging number and cost of claims, industry advisers say. British employers have expanded the use of company health schemes as the country’s National Health Service struggles to meet patient demand in …

UK health insurance rates to soar on surging claims-industry experts Read More »

(Reuters) -Dr Martens’ shares dropped to a record low on Thursday, after the British bootmaker forecast its annual revenue to decline and profit to miss market views due to a slow start to the autumn-winter season and staggered wholesale demand. Shares in the midcap firm, which made its market debut in 2021, dropped 23% to …

Bootmaker Dr Martens’ profit, revenue warning crushes shares Read More »

By Sinead Cruise, Elizabeth Howcroft and Yadarisa Shabong (Reuters) -Metro Bank on Thursday announced sweeping cost-cutting plans aimed at bolstering its finances, which could see the embattled British lender lay off 20% of its staff and axe some of its biggest customer perks including seven-day opening hours. Metro, which this week received shareholder approval for …

UK’s Metro Bank eyes axing up to 20% headcount, seven-day banking Read More »

(Reuters) -Mitchells & Butlers Plc said on Thursday it aims to rebuild its margins to pre-pandemic levels on the back of easing input costs after the British pub group posted an about 8% fall in annual profit in a year blighted by cost pressures. British pub groups and retailers are lining up offers to attract …

UK pub group Mitchells & Butlers sees margin growth as costs ease Read More »

(Reuters) – Manchester United manager Erik ten Hag said he was responsible for his side throwing away yet another lead in the Champions League after they were pegged back to a 3-3 draw with Galatasaray on Wednesday. The three-time European champions blew a two-goal lead twice in Istanbul, with goalkeeper Andre Onana making two costly …

Soccer-Ten Hag takes blame for Man United squandering another lead Read More »

LONDON (Reuters) – Eleven of the world’s biggest tech companies, including Amazon.com, Alphabet’s Google and Microsoft, will sign an agreement with the British government on Thursday to step up their efforts to tackle online fraud, the interior ministry said. Under the “Online Fraud Charter,” due to be signed at a meeting chaired by Interior Minister …

Tech companies to sign agreement with UK government to tackle online fraud Read More »

(Reuters) – British vehicle makers are expected to produce about a million cars this year, well above an earlier forecast, following a recent round of investments in the sector, an industry body said on Thursday. The Society of Motor Manufacturers and Traders (SMMT) had earlier forecast production of 860,000 cars in 2023. The latest projection …

UK car production expected to hit 1 million in 2023 – industry body Read More »

By Renee Maltezou and Andrew MacAskill ATHENS/LONDON (Reuters) – British Prime Minister Rishi Sunak fuelled a diplomatic row with Athens on Wednesday by accusing his Greek counterpart Kyriakos Mitsotakis of “grandstanding” during a recent trip to London over ownership of the Parthenon sculptures. Sunak told parliament he had cancelled a planned meeting with Mitsotakis in …

British PM fuels diplomatic dispute with Greece over Parthenon sculptures Read More »

LONDON (Reuters) – A majority of Britons support rejoining the European Union’s single market even though that would mean the restoration of the free movement of workers from the bloc, according to a poll published on Wednesday. Curbing immigration was a key reason Britons voted to leave the European Union in 2016. Polls in recent …

Majority of Britons support rejoining the EU single market – poll Read More »