By Khushi Singh (Reuters) – Britain’s main stock index ended lower on Wednesday, led by a drop in personal goods and homebuilder stocks, while investors assessed crucial UK and U.S. economic data ahead of interest rate decisions by central banks in coming weeks. The blue-chip FTSE 100 index was down 0.4%, touching its lowest levels …
FTSE 100 dips on declines in personal goods and homebuilders Read More »
LONDON (Reuters) -The London Fire Brigade said it had tackled a blaze at a residential tower block in the south east of the capital on Wednesday, adding that there were no reports of any injuries. “Ten fire engines and around 70 firefighters tackled a fire at a block of flats on Rosenthal Road in Catford. …
London firefighters dealt with tower block blaze Read More »
LONDON (Reuters) – Britain will seek to ban companies found by a public inquiry to be culpable for the deadly 2017 Grenfell Tower fire from being awarded government contracts, Prime Minister Keir Starmer said on Wednesday. “This government will write to all companies found by the inquiry to have been part of these horrific failings …
UK to ban companies who failed over Grenfell fire from government contracts Read More »
By Maggie Fick LONDON (Reuters) -Britain’s health regulator said on Wednesday that the available data does not establish a link between a popular class of diabetes and obesity drugs, including Novo Nordisk’s Wegovy, and suicidal thoughts. The Medicines and Healthcare products Regulatory Agency (MHRA) began a review of safety data for the class of drugs, …
UK regulator finds no suicidal thoughts link to diabetes, obesity drugs Read More »
(Refiles to remove embargo tag from headline) LONDON (Reuters) – Investors in Britain pared their bets on equities and ploughed cash into safe haven money market funds in August, data from fund network Calastone showed, after a bout of market turbulence early in the month prompted more cautious behaviour. Net inflows into stocks fell by …
UK investors’ stock bets slowed in August, Calastone says Read More »
By Carolyn Cohn LONDON (Reuters) -British insurer and asset manager M&G said on Wednesday it would combine its life and wealth units in a drive towards “simplification”, following a smaller than expected drop in first-half profits. M&G is halfway through a cost-cutting programme as it seeks to boost profitability, following pressure from high inflation and …
M&G combines life and wealth units in simplification push as profits fall Read More »
By Susanna Twidale LONDON (Reuters) -Britain’s offshore wind sector got a boost on Tuesday from the best-funded renewables auction yet, with Orsted and Iberdrola emerging among the winners, after a sale last year failed to secure any offshore wind projects. The Labour government’s plans to decarbonise the electricity sector by 2030 require a big increase …
Record UK renewables auction gives boost to offshore wind Read More »
By Andrew MacAskill LONDON (Reuters) – Britain’s decision to suspend some arms sales to Israel was roundly criticised on Tuesday with some British politicians and Jewish groups accusing the Labour government of abandoning Israel, while others said the decision did not go far enough. The reaction to the government’s decision to block 30 of its …
UK decision to suspend some arms for Israel frustrates both sides Read More »
By Aby Jose Koilparambil (Reuters) – Top UK homebuilders Vistry and Barratt will likely strike a cautiously optimistic tone on demand recovery when they report earnings this week as interest rates ease and government policy reforms take shape. The homebuilders are expected to benefit from increased affordability due to declining mortgage rates and volume growth …
UK homebuilders Barratt, Vistry set to underline recovery path Read More »
By Catarina Demony and Will Russell LONDON (Reuters) – Seven years on, Shah Aghlani still remembers clearly the call in the middle of the night from his distressed aunt who was trapped with his disabled mother in a 23-storey social housing block in west London that was on fire. The two women in their late …
UK’s Grenfell Tower fire victims say final report may still not bring justice Read More »
