By Purvi Agarwal and Shubham Batra (Reuters) -London’s FTSE 100 ended lower on Tuesday, hurt by losses in the beverage sector after Diageo hit a four-year low following an annual profit miss, and by a decline in mining stocks. The blue-chip FTSE 100 index edged 0.2% lower, with industrial metal miners falling around 2% as …
Britain’s FTSE 100 slips as miners, Diageo weigh Read More »
(Reuters) -Independent British oil producer Viaro Energy said on Tuesday it would buy UK Southern North Sea assets owned by Shell and Exxon Mobil. Reuters reported about the deal talks in May, citing sources and one of them had said the transaction could be valued at $500 million. Viaro said it would assume full ownership …
By Huw Jones LONDON (Reuters) – The Bank of England will not publish rules for implementing tougher global bank capital requirements until after the summer, it said on Tuesday, raising questions about whether a July 2025 start date remains feasible. The standards were written by the global Basel Committee, and member jurisdictions such as Britain, …
Bank of England delays Basel bank capital rules until after summer Read More »
LONDON (Reuters) – Prices in British shops rose at the joint-slowest rate since October 2021 this month, held down by falls in the cost of non-food items as food prices continued to rise, the British Retail Consortium said on Tuesday. Shop prices in July were on average 0.2% higher than a year earlier, the same …
UK shop price inflation holds at lowest since October 2021 Read More »
LONDON (Reuters) -Two children were stabbed to death at a Taylor Swift-themed event in northwest England, and a 17-year-old male suspect was arrested, police said on Monday. He was held on suspicion of murder and attempted murder. Nine other children were wounded, six of them critically, and two adults were in a critical condition. “We …
Two children killed in ‘ferocious’ knife attack, UK police say Read More »
LONDON (Reuters) -Rupert Murdoch’s British newspaper arm agreed on Monday to search for emails about an alleged “fake security threat”, which claimants including Prince Harry say was used to delete millions of emails at the height of the phone-hacking scandal. News Group Newspapers (NGN) is facing multiple lawsuits alleging unlawful activities by journalists and private …
Murdoch papers agree to search for evidence in Harry, others’ phone-hacking cases Read More »
By Sachin Ravikumar LONDON (Reuters) -Months of strikes by junior doctors in England’s National Health Service could be coming to an end after the union representing them recommended they accept a new 22.3% total pay uplift over two years. The British Medical Association (BMA), which represents around 50,000 junior doctors and the new Labour government …
UK junior doctor strikes may end after new pay offer Read More »
By Sachin Ravikumar and Toby Melville LONDON (Reuters) – Behind the lush greenery, roses in bloom and birdsong at London’s famous Kew Gardens lies the darker reality of climate change, which threatens to kill thousands of its trees in the coming decades. Some trees at the botanical gardens, which were first opened in 1759 and …
Climate threat spurs London’s Kew Gardens to look for resilient trees Read More »
By William James LONDON (Reuters) – Britain’s government declared the country was “broke and broken” ahead of an assessment of the public finances on Monday which the newly-elected Labour Party will use to blame their predecessors for a 20 billion pound ($26 billion) shortfall. Elected to run the world’s sixth largest economy in a landslide …
Britain is ‘broke and broken’, new government declares Read More »
By Andy Bruce (Reuters) – Uncertainty felt by British business leaders collapsed to the lowest level since before the 2016 Brexit vote after Prime Minister Keir Starmer’s landslide election victory, a survey showed on Monday. The quarterly Deloitte survey of chief financial officers showed 23% of large British companies reported high or very high uncertainty, …
Uncertainty in UK boardrooms lifts after Labour win, Deloitte reports Read More »
