By Andy Bruce and Suban Abdulla LONDON (Reuters) -British pay growth cooled in the three months to July to a more than two-year low and employment shot higher, according to data on Tuesday which is likely to keep the Bank of England on track to cut interest rates again before the end of the year. …
UK pay growth cools, keeping BoE on track for another rate cut Read More »
By Sinead Cruise LONDON (Reuters) -UK fund managers Schroders and abrdn named new CEOs on Tuesday, appointing insiders to reboot performance at firms running nearly 1.3 trillion pounds ($1.7 trillion) in assets against a backdrop of skittish investor sentiment and industry-wide pressure on fees. Schroders appointed current chief financial officer Richard Oldfield to succeed Peter …
UK fund firms Schroders and abrdn name new CEOs to reboot ailing fortunes Read More »
By James Davey LONDON (Reuters) -UK grocery inflation edged lower in the four weeks to Sept. 1, data from market researcher Kantar showed on Tuesday, after rising for the first time in 18 months in last month’s report. It said annual grocery price inflation over the period was 1.7%, versus 1.8% in the previous four-week …
UK grocery inflation resumes downward trend, says Kantar Read More »
By Kylie MacLellan and Daphne Psaledakis LONDON (Reuters) -U.S. Secretary of State Antony Blinken will discuss efforts to support Ukraine in its war against Russia, as well as the response to the conflict in the Middle East, with Prime Minister Keir Starmer and other UK officials in London on Tuesday. In meetings with Starmer and …
Blinken to discuss support for Ukraine in meetings with senior officials in London Read More »
By Michael Holden LONDON (Reuters) -Kate, Britain’s Princess of Wales, said on Monday she had finished her course of preventative chemotherapy for cancer, saying the treatment had given her a new perspective and made her grateful for “simply loving and being loved”. Kate, 42, wife of heir-to-the-throne Prince William, had major abdominal surgery in January …
(Reuters) -Britain’s financial watchdog said on Monday it had granted an extension for ‘naming and marketing’ rules aimed at tackling ‘greenwashing’, giving firms until April 2025 to comply. It said funds still need to submit applications to comply with Britain’s Sustainability Disclosure Requirements (SDR) disclosure rules by Oct. 1, 2024, but now have extra time …
UK watchdog gives funds anti-greenwashing rule extension Read More »
LONDON (Reuters) -Kate, Britain’s Princess of Wales, said on Monday she had finished her course of preventative chemotherapy for cancer and would be carrying out a handful of public engagements later this year, but said her path to full recovery would be long. Below is a text of her video messsage: “As the summer comes …
Transcript of new video message from Kate, Britain’s Princess of Wales Read More »
LONDON (Reuters) – The Bank of London has paid all its taxes, a spokesperson said on Monday, after British media on Saturday reported that the clearing bank had been hit with a so-called winding-up petition by UK tax authorities over unpaid sums due. The tax body, known as HMRC, filed a winding-up petition on Thursday …
Bank of London resolves tax payment glitch, raises funds Read More »
LONDON (Reuters) -Britain’s foreign office on Monday launched three strategic reviews of its foreign policy, saying it wanted to strengthen the country’s global impact and would deliver the outcomes of the reviews by the end of the year. The three external expert-led reviews will look at how to ensure Britain’s diplomatic relationships allow it to …
Britain launches strategic foreign policy reviews Read More »
(Reuters) – British homebuilder Barratt said on Monday it has entered into a joint venture with Lloyds Banking Group and government body Homes England to focus on developing large sites. WHY IT’S IMPORTANT The interest rate cut last month, the first in the UK in more than four years, was seen as a near-term boost …
UK’s Barratt creates JV with Homes England, Lloyds to develop large sites Read More »
