Reuters UK Domestic

LSEG first-half income rises 5.4%, progress on Microsoft joint venture

By Huw Jones LONDON (Reuters) -London Stock Exchange Group reported first-half income above analysts’ expectations on Thursday, helped by progress with its Microsoft joint venture, as well as a rise in annual subscription value, an indicator of customer retention. LSEG, which suffered outages in February and this month, said its partnership with Microsoft is “approaching …

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Ex-BBC news presenter Huw Edwards pleads guilty to indecent child pictures charges

By Sam Tobin LONDON (Reuters) – Former British TV presenter Huw Edwards, the long-time face of the BBC’s flagship news programme, pleaded guilty on Wednesday to three counts of making indecent pictures of children. Edwards was the BBC’s highest paid journalist and top news anchor until he quit in April, following allegations he had paid …

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Olympics-Rowing-British joy and Dutch pain as silver turns to gold in rowing thriller

By Philip O’Connor PARIS (Reuters) – Having seen their men win gold a few minutes earlier, the Netherlands’ female quadruple scullers looked all set to make it double Dutch on Wednesday, only for Britain to snatch gold from their grasp on the very last stroke of the Olympic final. It was easily the most stunning …

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Olympics-Triathlon-Britain’s Yee takes gold with thrilling 10km finish

By Mitch Phillips PARIS (Reuters) -Britain’s Alex Yee ran a perfectly-paced 10km to snatch a dramatic Olympic triathlon gold on Wednesday, overhauling a fading Hayden Wilde of New Zealand in brutal conditions. The race was originally due to be held on Tuesday but postponed due to poor water quality in the river Seine and, after …

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Explainer-What taxes can UK finance minister Rachel Reeves raise in her first budget?

By Andy Bruce (Reuters) – British finance minister Rachel Reeves plans to raise taxes when she presents her budget in three months’ time, but her options are limited by her promise not to increase taxes paid by “working people”. On Monday, Reeves said the Labour government, which won a landslide victory in the July 4 …

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Phoenix, Schroders to launch venture to put pension cash into private markets

By Iain Withers LONDON (Reuters) – British insurer Phoenix Group and fund management company Schroders have agreed to launch a private markets investment firm to channel up to 20 billion pounds ($25.68 billion) into unlisted assets over the next decade. Asset managers have been jockeying for a competitive edge in private markets, with several such …

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Violent crowd clashes with UK police after young girls killed

By Temilade Adelaja SOUTHPORT, England (Reuters) – A large crowd of anti-Muslim protesters clashed with police on Tuesday in a northern English town where three girls were stabbed to death and five other children critically wounded during an attack on a Taylor Swift-themed event on Monday. The horrific stabbing incident in Southport, a quiet seaside …

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UK’s Southern Water put on ‘junk’ warning as sector’s problems mount

By Marc Jones LONDON (Reuters) -Moody’s put Britain’s Southern Water on a “junk” rating downgrade warning on Tuesday, less than a week after stripping the UK’s most troubled provider Thames Water of its investment grade score. The rating agency cited this month’s draft decision from UK regulator Ofwat that Southern would not be allowed to …

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New UK government sets higher housebuilding targets in planning overhaul

By Alistair Smout and Suban Abdulla LONDON (Reuters) -Britain’s new government on Tuesday set out mandatory housing targets for councils in England with a view to delivering 1.5 million more homes before the next election, aided by an overhaul of the planning system. New Prime Minister Keir Starmer has made reforms to planning a key …

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