By Andrew MacAskill and Sarah Marsh BERLIN (Reuters) – Britain and Germany’s leaders agreed in Berlin on Wednesday to work on an ambitious treaty covering issues from defence to trade that would be part of a reset of British relations with the European Union. Prime Minister Keir Starmer’s trip to the EU’s top powers, Germany …
Starmer, Scholz seek reset in British-EU ties with bilateral treaty Read More »
(Reuters) -Britain’s largest water provider Thames Water said on Wednesday that the expenditure cuts proposed by the water regulator were not tenable and would deter investment, as the utility struggles with debt and risks being nationalised. Thames Water’s statement came after Britain’s water companies’ lobby warned that watchdog Ofwat’s recent proposals to meet environmental targets …
UK’s Thames Water says regulator’s proposed cuts untenable Read More »
By Sinead Cruise LONDON (Reuters) -Britain’s Financial Conduct Authority said on Wednesday it would launch a market study into so-called pure protection insurance product sales, amid fears that the design of some commission structures could lead to poor outcomes for policyholders. Pure protection products are designed to help individuals and their families manage their finances …
UK’s finance watchdog launches probe into pure protection insurance sector Read More »
ROME (Reuters) -The sinking of a luxury yacht on Aug. 19 off the northern coast of Sicily left seven people dead, including British tech tycoon Mike Lynch, his daughter Hannah and Morgan Stanley’s Jonathan Bloomer. Here is what we know about the incident. VIOLENT STORM The Bayesian, a British flagged 56-metre (184-feet) superyacht, was anchored …
Factbox-What we know about the sinking of Mike Lynch’s superyacht Read More »
By Huw Jones LONDON (Reuters) – The minimum amount that workers and employers in Britain put into pension pots should be raised to help plug a retirement cash gap between men and women, and boost investment in productive assets, pensions consultant Mercer said on Wednesday. Britain’s new Labour government has announced a review of the …
Britain should raise pension contributions to plug ‘gender gap’, consultant Mercer says Read More »
(Reuters) – Sterling dipped from two-year highs touched against the dollar but made further ground versus the euro on Wednesday as investors focussed the prospect of diverging monetary policies in the United States and Britain. The pound slipped 0.3% to $1.3218, having climbed to its strongest level since March 22 at $1.3269 on Tuesday. It …
Sterling dips against dollar but continues to rise versus euro Read More »
(Reuters) – Dawid Malan, a former top-ranked batter in T20 internationals, has retired from international cricket, the England and Wales Cricket Board (ECB) said on Wednesday. Malan, who turns 37 next week, played 30 One-Day Internationals (ODIs) and 62 Twenty20 internationals (T20Is). He last appeared for England in November during the 50-over World Cup. The …
Cricket-England batter Malan retires from international cricket Read More »
By Nerijus Adomaitis STAVANGER, Norway (Reuters) -Norway’s Equinor may reconsider investing in oil and gas in Britain if the Labour government changes the industry’s tax regime, a top company executive told Reuters. Equinor’s head of international operations said it may not be as attractive to invest in the British oil and gas sector if taxation …
Equinor may reconsider investing in UK oil sector if taxes rise Read More »
By Paul Sandle and Sam Tobin LONDON (Reuters) – Oasis plan to reunite after 15 years, with news on Tuesday that brothers Noel and Liam Gallagher are lining up a series of gigs in 2025 crashing the British band’s website and sending hotel prices soaring. The group, whose debut album “Definitely Maybe” was released 30 …
Oasis to reunite for 2025 world tour as Gallaghers end fraternal feud Read More »
LONDON (Reuters) -A former senior Barclays banker who was acquitted of fraud charges in 2020 has lost an appeal in a London tribunal to overturn a decision by Britain’s Financial Conduct Authority that barred him from holding senior industry positions. The FCA refused an application by investment group Saranac Partners to approve Tom Kalaris for …
Ex-Barclays banker Kalaris loses appeal against FCA ban on senior roles Read More »
