(Reuters) -The UK competition regulator has “reasonable grounds to believe” that the remedial measures offered by homebuilders Barratt and and Redrow may be accepted, paving the way for the completion of their proposed merger, it said on Wednesday. Barratt agreed to buy Redrow in early February in a 2.52 billion pounds ($3.28 billion) all-stock deal. …
UK watchdog says Barratt-Redrow merger remedies may win nod Read More »
LONDON (Reuters) -King Charles travelled to northern England on Tuesday to pay tribute to victims and families of those affected by a mass stabbing last month which sparked riots and racist attacks targeting Muslims and migrants. On a visit to Southport, the town where the attack took place, Charles met some of the surviving children …
King Charles visits Southport to pay tribute to stabbing victims Read More »
LONDON (Reuters) – British Prime Minister Keir Starmer and Israel’s premier Benjamin Netanyahu on Tuesday agreed that regional de-escalation was in everyone’s interests, Starmer’s office said in a statement following a phone call between the two. Starmer’s office said the leaders agreed the impact of “miscalculation would come at great costs for all sides”. Starmer …
Britain, Israel leaders agree regional de-escalation is in everyone’s interests Read More »
By Paul Sandle LONDON (Reuters) – Mike Lynch, the tech tycoon missing after his luxury yacht sank off Sicily, spent more than a decade building Britain’s biggest software company and then almost as long again fighting fraud charges related to its multi-billion pound sale. Lynch founded Autonomy from his ground-breaking research at Cambridge University in …
Mike Lynch, the UK tycoon who defeated US fraud charges, missing at sea Read More »
By Stefano Rebaudo (Reuters) – Sterling hit a one-month high against a weakening dollar and was flat versus the yen on Tuesday. Investors are awaiting business activity figures on Thursday and comments from Bank of England governor Andrew Bailey at a meeting of central bankers at Jackson Hole on Friday. Official data showed signs of …
Sterling hits one-month high versus dollar, awaits data, Bailey Read More »
By Catarina Demony LONDON (Reuters) – An intense storm sank a luxury yacht off Sicily’s coast on Monday, killing one man and leaving six missing, including British tech entrepreneur Mike Lynch and his daughter. Fifteen people escaped before the yacht sank. Here are details about the missing passengers. MIKE LYNCH AND DAUGHTER HANNAH Tech entrepreneur …
Factbox-Who are the six missing in luxury yacht disaster off Sicily Read More »
By Paul Sandle and Alistair Smout LONDON (Reuters) – Stephen Chamberlain, once Mike Lynch’s co-defendant in the U.S. fraud trial over the sale of Autonomy to Hewlett-Packard, has died after a road accident, his lawyer said on Monday, days before Lynch went missing off the coast of Sicily. Chamberlain, Autonomy’s former vice president of finance …
Mike Lynch’s co-defendant in US trial dies in UK road accident Read More »
LONDON (Reuters) – A rocket engine exploded in flames during a test at the SaxaVord Spaceport in Scotland, which last year became Britain’s first licensed vertical rocket launch site. BBC footage showed a large explosion late on Monday at the site in the Shetland Islands off the northern coast of Scotland. It spewed great plumes …
Rocket engine explodes during test at Scottish spaceport Read More »
LONDON (Reuters) – British tech entrepreneur Mike Lynch is missing after a luxury yacht was struck by a violent storm and sank off the Sicilian capital Palermo on Monday, a person familiar with the rescue operation said. Lynch, aged 59, was acquitted in June by a jury in San Francisco of fraud charges linked to …
UK’s Mike Lynch missing after yacht sinks off Sicily, source says Read More »
By Sharon Kimathi LONDON (Reuters) – “Please do not go out until this blows over,” Sarah Akinterinwa, messaged a friend on August 7. “I’m going into town tomorrow. Should be okay,” came the response. “Alone?” she asked. The messages from Akinterinwa, an illustrator and writer from London, are typical of the concern that spread among …
