Reuters UK Domestic

By Amy-Jo Crowley and Emma-Victoria Farr LONDON (Reuters) – Barclays is finding it difficult to sell a stake in its British merchant payments business due to diverging views on its valuation, four people with knowledge of the matter told Reuters, complicating the bank’s plans to revamp the unit. Brookfield Asset Management, which manages assets worth …

Barclays struggling to sell stake in UK payments business, sources say Read More »

LONDON (Reuters) -Britain’s approval of its first new deep coal mine in decades was unlawful, London’s High Court ruled on Friday following a legal challenge brought by environmental campaigners. Friends of the Earth and South Lakeland Action on Climate Change challenged the previous Conservative government’s 2022 approval of a coking coal mine in northwest England. …

Britain’s approval of new coal mine unlawful, court rules Read More »

LONDON (Reuters) – Britain has delayed implementing post-Brexit physical checks on so-called “medium risk” fruit and vegetables imported from the European Union for a further six months, the Department for Environment, Food and Rural Affairs (Defra) said on Friday. Britain voted to leave the EU in 2016 but, such was the scale of the task …

Britain again delays post-Brexit checks on fruit and vegetables Read More »

By Linda Pasquini LONDON (Reuters) – The British pound gained slightly on Friday, adding to Thursday’s rise off a three-week low against the dollar, as the focus shifted to next week’s UK inflation data and central bank meeting. Sterling edged up on the day at $1.3146, just above the $1.3127 it reached on Thursday, when …

Sterling slightly up ahead of UK inflation data, BoE meeting next week Read More »

By Paul Sandle LONDON (Reuters) – Vodafone’s $19 billion merger with Three UK could push up bills for millions of mobile customers and impact providers like Sky Mobile by reducing the number of networks from four to three, Britain’s competition regulator said on Friday. However, the Competition and Markets Authority (CMA) also said the deal …

Vodafone-Three UK deal may push bills up, UK regulator says Read More »

(Reuters) -Britain’s National Grid said on Friday it had agreed to sell its Electricity System Operator (ESO) to the UK government for 630 million pounds ($827.95 million), including debt. The energy infrastructure operator said it expected to complete the deal by Oct. 1, when the Labour government and energy regulator Ofgem aim to establish an …

UK’s National Grid to sell electricity system operator in $827 million deal Read More »