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‘Father Ted’ creator Linehan cleared of harassing trans woman

LONDON (Reuters) -Graham Linehan, the Irish co-creator of British TV comedy show “Father Ted”, was found guilty on Tuesday of damaging the phone of a trans woman but cleared of harassing her by posting comments about her online. Linehan, 57, a vocal critic of transgender activism in recent years, has found himself at the centre …

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Reform UK’s Farage says he ‘never directly racially abused anybody’ after school charges

LONDON (Reuters) -Nigel Farage, the leader of Britain’s anti-immigration Reform UK party, has said he has “never directly racially abused anybody”, after a report alleging he made antisemitic remarks at school. The 61-year-old Brexit campaigner and his populist party have long been accused of flirting with racism, something which both have denied. The party, which …

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BoE bond sales may be pushing up borrowing costs by more than thought, research shows

By Naomi Rovnick and Andy Bruce LONDON (Reuters) -The Bank of England’s unwinding of its vast stockpile of British government bonds has likely raised gilt yields by more than the central bank previously estimated, according to new research. A study by University of Liverpool economist Costas Milas suggests that the BoE’s quantitative tightening programme has …

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Sterling options volatility nears ‘Liberation Day’ highs ahead of UK budget

LONDON (Reuters) -The cost of hedging against big near-term moves in the pound against the euro shot to its highest since April on Tuesday, reflecting trader nervousness ahead of finance minister Rachel Reeves’ budget in a day’s time. Overnight implied options volatility, a measure of demand to own derivatives to protect against turbulent price action, …

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BBC is not ‘institutionally biased’, says author of explosive memo

By Paul Sandle and Kate Holton LONDON (Reuters) -The author of a report that plunged the BBC into crisis said on Monday that the British public broadcaster was not “institutionally biased” but did have editorial failings, and that he had hoped his criticisms would help fix them. Michael Prescott, a former external editorial adviser, compiled …

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UK specialty insurer Beazley lowers written premiums outlook

(Reuters) -British speciality insurer Beazley on Tuesday cut its annual insurance written premiums forecast to a growth rate of flat to low single digits percentage, weighed down by increased competition and subdued growth in the cyber insurance sector. (Reporting by Simone Lobo; Editing by Rashmi Aich)

Olympics-British gymnast Whitlock comes out of retirement to target LA 2028

(Reuters) -Three-times Olympic gold medallist Max Whitlock is coming out of retirement to target a place at the 2028 Los Angeles Games, the 32-year-old Briton said on Monday. Whitlock had previously said the 2024 Olympics would be his last but he felt his career was “incomplete” after missing out on a podium place in Paris. …

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Northern Ireland town to rename street called after former prince Andrew

BELFAST (Reuters) -A Northern Irish council agreed on Monday to begin work to rename a street named after Britain’s former prince Andrew, the first council in the United Kingdom to do so following King Charles’ decision to remove his brother from public life.  The king last month stripped his younger brother of his title of …

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UK needs ‘radical reset’ of nuclear power regulation, review says

LONDON (Reuters) -Britain needs a “radical reset” of its nuclear power regulation, a government review said, after the country became the most expensive place in the world to build nuclear power plants.     Since winning an election in July 2024, Britain’s Labour government has launched a major push to expand nuclear power, hoping to meet …

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