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UK’s Starmer says ‘immediate steps’ needed towards Gaza ceasefire

LONDON (Reuters) – British Prime Minister Keir Starmer told Israel’s President Isaac Herzog there needed to be “immediate steps” towards a ceasefire in Israel’s conflict with Hamas militants in Gaza. “The Prime Minister said there must be immediate steps towards a ceasefire, so that hostages can be released and more humanitarian aid can get in …

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Kemi Badenoch enters race to lead UK opposition Conservative Party

LONDON (Reuters) – Former British business minister Kemi Badenoch launched her bid to become leader of the opposition Conservative Party on Sunday, making her the sixth candidate seeking to replace the outgoing Rishi Sunak. Sunak stepped down as leader following the party’s worst- ever election performance earlier this month, but said he would stay as …

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Olympics-Gymnastics-Biles makes long-awaited Olympic return in Paris

By Gabrielle Tétrault-Farber, Karen Braun and Rory Carroll PARIS (Reuters) -A radiant Simone Biles made her long-awaited Olympic return at the Paris Games on Sunday, drawing boisterous cheers and applause from an ecstatic, star-studded crowd in a performance that gave U.S. gymnasts the lead in women’s qualifying. After Biles’ brilliance the U.S. qualified with ease …

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One person dead as migrants try to cross Channel to Britain

PARIS (Reuters) – One person was found dead after a boat carrying migrants trying to cross the Channel near Calais to Britain got into difficulties overnight, French authorities said on Sunday. Thirty-four other people were rescued and taken to emergency services, the local French department responsible for the Calais region said. Tackling illegal immigration has …

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Priti Patel enters race to lead UK opposition Conservative Party

LONDON (Reuters) – Former British interior minister Priti Patel launched her bid to become new leader of the opposition Conservative Party on Saturday, making her the fifth candidate seeking to replace the outgoing Rishi Sunak. Sunak stepped down as leader following the party’s worst ever election performance earlier this month, but said he would stay …

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UK drivers still paying too much for road fuel, says regulator

LONDON (Reuters) -Britain’s competition regulator said on Friday the country’s drivers are still paying too much for road fuel, with increases in retail fuel margins costing them over 1.6 billion pounds ($2.1 billion) in 2023. The Competition and Markets Authority (CMA) said its analysis showed the cost to drivers of weakened competition in the fuel …

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British mid-cap stocks close at over two-year high on earnings optimism

(Reuters) -British mid-cap stocks rallied to their strongest finish in more than two years on Friday, helped by a slew of upbeat company earnings reports and a rebound on Wall Street following benign U.S. inflation data. The FTSE 250 index of domestically oriented UK stocks closed up 2.3% at its highest level since March 2022, …

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NatWest snaps up $3 billion Metro Bank mortgage book, upgrades outlook

By Lawrence White and Yadarisa Shabong LONDON (Reuters) -NatWest has bought a 2.4 billion pound ($3.09 billion) mortgage book from Metro Bank and upgraded its performance outlook for the year, boosting its shares even though the British bank’s first-half profit fell 16%. The transaction represents the latest in a slew of consolidation deals this year …

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