Reuters UK Domestic

UK’s drug-cost watchdog recommends Alnylam’s heart disease drug

(Reuters) -The UK’s drug cost-effectiveness watchdog has recommended Alnylam Pharmaceuticals’ heart disease drug, ensuring access for patients through the government health system in England and Wales, the company said on Friday. The country’s drug regulator had approved the injectable drug, Amvuttra, in July to treat ATTR-CM, a condition where faulty transthyretin proteins accumulate in the …

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UK supermarket group Asda raises $742 million in sale and leaseback deals

LONDON (Reuters) -British supermarket group Asda has raised 568 million pounds ($742 million) from sale-and-leaseback agreements on 24 stores and a depot, it said on Thursday, providing a cash boost as sales continue to fall. Asda, majority owned by private equity firm TDR Capital, said it plans to use the proceeds to fund investment in …

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FTSE 100 breaks losing streak after Nvidia forecast kindles global rally

(Reuters) -London’s FTSE 100 snapped a five-day losing streak on Thursday, as defence and energy shares led a recovery amid a global rally sparked by AI bellwether Nvidia’s upbeat forecast. The blue-chip index finished 0.2% higher, while the mid-cap index FTSE 250 closed the session 0.1% lower. Both the indexes were significantly higher earlier in …

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Uber partners with Starship Technologies to launch robot deliveries in UK

(Reuters) -Uber will partner with Starship Technologies to launch autonomous robot deliveries in the UK in December, with plans to expand to additional European markets next year and the U.S. in 2027, the ride-hailing firm said on Thursday. Initially, Uber Eats customers will be able to receive Starship’s robot deliveries in the Leeds and Sheffield …

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UK beefs up Royal Navy counter-drone tech with $413 million laser contract

LONDON (Reuters) -Britain on Thursday awarded a 316-million-pound ($413 million) contract to missile company MBDA UK to provide DragonFire laser systems for the Royal Navy, under a plan to add new technology to ships to counter potential drone attacks. Below are key facts about the contract: • Laser system costs 10 pounds per shot, making …

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Cricket-Ashes battle lines drawn for Perth pace paradise

By Ian Ransom (Reuters) -Australia and England wrapped up their Ashes preparations on Thursday with the home side showing their hand with a pair of debutants while the visitors kept their final XI under wraps for the series-opening test. Injuries have torn up Australia’s best-laid plans twice in recent weeks but stand-in skipper Steve Smith …

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London’s FTSE 100 extends decline as defence stocks fall; UK inflation eases

(Reuters) -London’s FTSE 100 slipped for the fifth consecutive session on Wednesday with defence and financial stocks leading the downturn, while inflation data bolstered expectations for a December interest rate reduction. The blue-chip index finished 0.5% lower as aerospace and defence stocks tumbled 2% to their lowest level in over two months. The sector’s decline …

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Britain aims for 2027 roll out of stock trade ‘tape’ to boost market 

By Phoebe Seers and Charlie Conchie LONDON (Reuters) -Britain’s financial regulator said on Wednesday it was pushing ahead with plans to combine real-time data from different equity trading platforms into a single feed, launching a consultation on a system it expects to go live in 2027. Such a “consolidated tape” is intended to provide greater …

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King Charles marks two year anniversary of his UK food waste project

LONDON (Reuters) -Britain’s King Charles met charity leaders and supermarket bosses on Wednesday to celebrate a project to cut food waste and feed those in need which has distributed the equivalent of 11 million meals over the last two years. Charles set up his Coronation Food Project in 2023, the year he was crowned king, …

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