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 »
By Khushi Singh (Reuters) -London’s FTSE 100 hit its highest level in over a week on Thursday, amid broader gains after some clarity around the U.S. Federal Reserve’s expected interest rate cut improved risk appetite. The blue-chip FTSE 100 ended 0.6% higher, while the mid-cap FTSE 250 was up 0.8%, also registering a one-week high. …
FTSE 100 hits one-week high as US rate cut expectations boost sentiment Read More »
LONDON (Reuters) – Britain’s data centres will be classified “critical national infrastructure”, the government said on Thursday, giving the servers and I.T. systems that underpin the country’s communications extra protection from cyber attacks. Britain said the move would reassure companies building data centres, such as DC01UK, which it said had submitted proposals for a 3.75 …
UK to class data centres as ‘critical national infrastructure’ Read More »
(Reuters) – A low pressure system was located a few hundred miles to the east of the Leeward Islands and has a 30% chance of becoming a cyclone in the next 48 hours, the U.S. National Hurricane Center said on Thursday. “Environmental conditions are expected to become even less conducive over the weekend while the …
US NHC says 30% chance of cyclone near Leeward Islands Read More »
LONDON (Reuters) – A teenager has been arrested following a cyberattack on London’s public transport body last week in which some personal customer data was accessed, the National Crime Agency (NCA) said on Thursday. Transport for London (TfL), which operates the capital’s tube and bus networks with millions of journeys each day, said it was …
Teenager arrested over London transport cyberattack Read More »
LONDON (Reuters) – Lloyd’s of London said on Thursday it plans to overhaul its rules on dealing with poor conduct in the commercial insurance market as its current processes for dealing with bad behaviour could be “unclear”. The Lloyd’s of London market, which employs nearly 50,000 people across insurance underwriting and broking, has come under …
Lloyd’s of London plans overhaul of ‘unclear’ conduct rules Read More »
By Andrew MacAskill LONDON (Reuters) -Britain’s police and crime minister had her bag stolen at a conference for senior and midranking police officers where she spoke about the growing problem of theft and shoplifting, a government official said on Thursday. The incident occurred when Diana Johnson attended the Police Superintendents’ Association conference in central England …
Britain’s crime minister has bag stolen at police conference Read More »
By Alistair Smout LONDON (Reuters) -British Prime Minister Keir Starmer promised on Thursday to deliver a 10-year plan to fix the National Health Service, saying there would be no more money without reform to a system an independent report found to be in critical condition. The state-run NHS has been in crisis and endured some …
Reform or die: UK PM Starmer promises 10-year plan to fix health service Read More »
By Sinead Cruise and Lawrence White LONDON (Reuters) – Revised UK bank capital rules have thrown a lifeline to smaller lenders struggling to poach market share from Britain’s biggest banks, boosting their chances of offering more competitive rates in the 1.7 trillion pound ($2.22 trillion) mortgage market. The Bank of England said on Thursday it …
Analysis-Britain’s challenger banks boosted by capital rules revamp Read More »
