Reuters UK Domestic

UK competition regulator finds concerns in Lindab’s acquisition of HAS-Vent

(Reuters) – The UK competition regulator said on Thursday its in-depth probe has provisionally found that Lindab’s acquisition of British ventilation firm HAS-Vent could result in higher costs for ventilation systems in some areas. The Competition and Markets Authority (CMA) said its Phase 2 review found competition concerns in the supply of circular ducts and …

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FTSE 100 ends flat as lower metal prices offset retail gains

By Khushi Singh and Purvi Agarwal (Reuters) -The UK’s benchmark FTSE 100 ended little changed on Thursday, as lower metal prices weighed on sectoral heavyweights, while investors assessed softer U.S. business activity data ahead of the Jackson Hole economic symposium. The blue chip FTSE 100 was up 0.1%, while the mid-cap FTSE 250 index was …

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New Alzheimer’s drug deemed too costly for UK’s state-run health service

By Maggie Fick (Reuters) -Alzheimer’s patients in Britain’s state-run health service are unlikely to get access to Eisai and Biogen’s new Leqembi drug, after it was approved on Thursday by the country’s regulator but deemed too expensive for wide use. The Medicines and Healthcare products Regulatory Agency (MHRA) said the drug, also known as lecanemab, …

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Body of British tech entrepreneur Lynch retrieved from yacht- source

PORTICELLO, Italy (Reuters) – The body of British tech magnate Mike Lynch was retrieved on Thursday from the wreck of a yacht that sank earlier this week off Sicily during a tempest, a source close to the rescue operation said. Lynch’s 18-year daughter Hannah is still missing, the source said. The bodies of the other …

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UK faces legal action over new North Sea oil and gas licences

LONDON (Reuters) – Britain’s decision to issue dozens of new oil and gas exploration licences is being challenged in court by a marine conservation organisation, which argues ministers unlawfully failed to consider the impact on marine life. Oceana UK is taking legal action over 31 licences issued under Britain’s previous government in May this year …

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Four bodies retrieved from Mike Lynch’s sunken yacht in Sicily

By Giselda Vagnoni PORTICELLO, Italy (Reuters) -Four bodies were retrieved on Wednesday from the sunken wreck of a yacht belonging to the wife of British tech magnate Mike Lynch, the Italian fire brigade said, adding that they were continuing to search for two missing people. The bodies were brought ashore on rescue boats and taken …

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Cricket-England trail Sri Lanka by 214 on day one after bad light stops play

MANCHESTER, England (Reuters) -England trailed Sri Lanka by 214 runs on day one of the first test after bad light stopped play on Wednesday at Old Trafford where the tourists’ decision to bat first backfired when they were all out for 236. Sri Lanka captain Dhananjaya de Silva won the toss and opted to bat …

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UK government to boost staff, crackdown on employers, in bid to fight people smuggling

LONDON (Reuters) – The British government announced new plans on Wednesday to reduce the number of asylum seekers who arrive in small boats, including an increase in deportation flights and a crackdown on employers who hire illegal workers. Polls show that controlling immigration is now the most important issue for British voters for the first …

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Mike Lynch and daughter among six missing after yacht sinks; divers struggle to enter wreck

By Giselda Vagnoni PALERMO, Sicily (Reuters) -Divers scoured the wreck of a luxury yacht off Sicily’s coast on Tuesday to find six missing people, including British tech entrepreneur Mike Lynch and his daughter, following an intense storm that sank the vessel on Monday. The British-flagged Bayesian, a 56-metre-long (184-ft) superyacht, was carrying 22 people and …

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