By Aby Jose Koilparambil (Reuters) -British high-end homebuilder Berkeley on Friday reiterated its annual profit forecast, saying trading has been stable over the first four months of its current fiscal year. The housing market is expected to benefit from the UK’s first rate cut in more than four years last month, as well as from …
UK homebuilder Berkeley says trading stable, reaffirms profit guidance Read More »
LONDON (Reuters) – British house prices rose last month at the fastest annual pace since late 2022, data from mortgage lender Halifax showed on Friday, adding to signs of renewed momentum in the property market after a recent fall in interest rates. House prices increased by 4.3% in August, the biggest annual gain since November …
UK house prices post biggest annual gain since late 2022, Halifax says Read More »
LONDON (Reuters) – Britain needs an additional one trillion pounds ($1.3 trillion) in investment in the next decade to grow the economy, a report said on Friday. New British Prime Minister Keir Starmer said he wanted the economy to achieve annual growth of 2.5% when campaigning in the run-up to July 4’s election – a …
Britain needs extra $1.3 trillion investment for economic growth, report says Read More »
(Reuters) – The first legally binding international AI treaty will be open for signing on Thursday by the countries that negotiated it, including European Union members, the United States and Britain, the Council of Europe human rights organisation said. The AI Convention, which has been in the works for years and was adopted in May …
US, Britain, EU to sign first international AI treaty Read More »
LONDON (Reuters) -Britain set out new legislation on Thursday to toughen the oversight of water companies, with penalties including imprisonment for bosses if they obstruct investigations into the contamination of rivers, lakes and seas. Sewage spills in the UK hit a record high in 2023, amplifying public anger at the state of the country’s dirty …
UK aims to curb water pollution with tougher penalties, stronger regulation Read More »
LONDON (Reuters) – A former Deutsche Bank trader on Thursday lost her London lawsuit against the bank for just over 2.6 million pounds ($3.4 million) after she was not paid an individual bonus nearly a decade ago. Shikha Gupta worked until 2017 for Deutsche Bank’s non-core operating unit, which was set up in the wake …
Ex-UK trader loses lawsuit against Deutsche Bank over bonus dispute Read More »
(Reuters) -England head coach Brendon McCullum aims to revitalise white-ball captain Jos Buttler, who will miss this month’s three-match Twenty20 series against Australia due to a right calf injury. Opener Phil Salt will lead the side in Buttler’s absence, the England and Wales Cricket Board (ECB) said on Thursday. Buttler, who also missed The Hundred, …
Cricket-England coach McCullum aims to uplift injured captain Buttler Read More »
By Radhika Anilkumar and Catarina Demony LONDON (Reuters) – Britain’s competition watchdog on Thursday launched an investigation into Ticketmaster over the sale of Oasis tickets, including the use of “dynamic pricing” to hike the cost to fans at the last minute. Thousands of fans waited long hours in virtual queues last weekend to get their …
UK launches probe into Ticketmaster over Oasis shows Read More »
By Khushi Singh (Reuters) -Britain’s benchmark FTSE 100 stock index ended lower on Thursday, weighed by a decline in pharma shares, while a handful of stocks traded ex-dividend, adding to losses. The blue-chip index closed down 0.3%, falling for the fifth consecutive session for the first time since May. The domestically-focused mid-cap FTSE 250 index …
FTSE 100 slides for fifth session as pharma shares drop Read More »
By Carolyn Cohn LONDON (Reuters) -Commercial insurance premiums may not yet be turning lower despite years of increases, Lloyd’s of London chairman Bruce Carnegie-Brown told Reuters, as the market reported a 26% jump in first-half pre-tax profit on Thursday. Lloyd’s, which is made up of more than 50 insurance companies, underwrites specialist risks from oil …
Commercial insurance prices may not yet be coming down, Lloyd’s chairman says Read More »
