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UK opposition leader drops support for 2050 ‘net zero’ climate target

LONDON (Reuters) – Britain’s 2050 target for cutting overall greenhouse emissions to zero “is impossible” and must be dropped, the leader of the main opposition party said on Tuesday, a shift that highlights the political difficulties of moving away from fossil fuels. “Net Zero” means putting no additional greenhouse gases into the atmosphere by cutting …

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Hospital bosses say new evidence casts doubt on UK nurse Letby’s baby murder convictions

By Michael Holden LONDON (Reuters) -A public inquiry examining how British nurse Lucy Letby was able to murder babies in her care should be suspended because new evidence casts real doubt on her convictions, the lawyer for the hospital’s senior managers said on Tuesday. Letby, 35, was found guilty of murdering seven children and attempting …

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Soccer-Premier League ‘appalled’ by racist abuse directed at Chelsea’s Fofana

(Reuters) – The Premier League said it was appalled by the racial abuse suffered by Chelsea centre back Wesley Fofana on social media after his side’s 1-0 defeat by Arsenal on Sunday. The 24-year-old France international posted on his Instagram story the screenshots of racist messages he received and said “stupidity and cruelty can no …

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Soccer-Manchester United to increase season ticket prices by around 5%

MANCHESTER, England (Reuters) – Manchester United announced on Monday a rise of around 5% in season ticket prices at Old Trafford for 2025-26 in the latest effort to tackle the Premier League club’s financial issues. Prices for tickets to men’s matches will increase by an average of 2.50 pounds ($3.25), with the exception of under-16s. …

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UK freezes government credit cards in drive for savings

LONDON (Reuters) – Thousands of government-issued credit cards accounting for hundreds of millions of pounds of spending will be frozen this week, Britain’s Labour government said, as it tries to repair the country’s strained public finances. Against a backdrop of slowing growth forecasts and bound by fiscal rules that limit day-to-day borrowing, ministers are seeking …

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UK stocks kick off week higher as commodity-linked shares advance

(Reuters) – British stocks closed higher on Monday, driven by energy and mining shares, while investors geared up for a slew of central bank decisions this week including from the Bank of England. The benchmark FTSE 100 index rose 0.6%. The blue-chip index notched its second straight week of losses on Friday. The mid-cap FTSE …

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UK’s Reeves says financial regulators responding to her cull of red tape

By William Schomberg LONDON (Reuters) – British finance minister Rachel Reeves said on Monday she was pleased with moves to boost economic growth taken by two of the country’s top financial regulatory bodies as the government moves to cut red tape, including by axing some watchdogs. Reeves and Prime Minister Keir Starmer promised voters in …

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Kuwait pension fund’s $1 billion corruption lawsuit begins in UK court

LONDON (Reuters) – Kuwait’s public pension fund accused asset manager Man Group, Swiss bank EFG and others of laundering bribes paid to its late director as a year-long $1 billion trial began at London’s High Court on Monday. The Public Institution for Social Security (PIFSS), which operates Kuwait’s social security and pension scheme, is suing …

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