Reuters UK Domestic

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 …

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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 …

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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 »

By Ron Bousso and Robert Harvey LONDON (Reuters) -Grangemouth, Scotland’s only oil refinery, is to close in 2025 with the loss of 400 jobs, operator Petroineos said on Thursday, as part of plans to turn the 100-year old plant into a fuels import terminal. Petroineos said last November it was preparing to shut Grangemouth, Britain’s …

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By Michael Holden LONDON (Reuters) – Britain’s Prince Harry will turn 40 in California on Sunday, thousands of miles away from his royal roots, with no sign that distance is dimming interest in King Charles’ younger son. With his Netflix documentaries, his charity work, his legal battles with the British tabloid press and his rift …

Prince Harry turns 40 on Sunday with eyes focused on his future Read More »

LONDON (Reuters) – British health and beauty retailer Boots has promoted Anthony Hemmerdinger to the managing director role, succeeding Seb James on Nov. 4, it said on Thursday. Boots UK, owned by U.S. listed Walgreens Boots Alliance, is one of Britain’s biggest retailers, trading from about 1,900 stores and employing 52,000. Hemmerdinger, a former Asda …

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