(Reuters) -Six-times world snooker champion Ray Reardon has died at the age of 91 after being diagnosed with cancer, World Snooker Tour reported on Saturday. Welshman Reardon, who died late on Friday, dominated snooker in the 1970s, winning his first world title in 1970 and five more during the rest of the decade. Nicknamed ‘Dracula’ …
Snooker-Six-times world champion Reardon dies at 91 Read More »
By David Milliken LONDON (Reuters) – England and Wales recorded the second-highest number of company insolvencies since 2009 last month, government figures showed, reflecting high interest rates and increased costs caused by rapid inflation in 2022 and 2023. June saw 2,361 company insolvencies on a seasonally adjusted basis, Britain’s Insolvency Service agency said, 17% more …
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By Suban Abdulla LONDON (Reuters) -British retail sales volumes fell by more than expected in June, after unseasonably cooler weather put off shoppers, official figures showed on Friday. Sales volumes dropped by 1.2% last month after a 2.9% jump in May, the Office for National Statistics said. A Reuters poll of economists had on average …
By Andrew MacAskill LONDON (Reuters) -Britain’s new Labour government said on Friday it would resume funding to the U.N. Palestinian refugee agency UNRWA in the first major change in how it will approach the Israel-Palestinian conflict after winning power earlier this month. Britain was one of several countries to halt their funding to the U.N. …
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LONDON (Reuters) – British Prime Minister Keir Starmer is being kept updated on the global tech outage that has disrupted a range of industries but he has not convened a so-called COBRA meeting to discuss civil contingencies, his spokesperson said. Officials from the COBRA Unit, which manages the government’s response to a national emergency, are …
By Purvi Agarwal and Roshan Abraham (Reuters) – London stocks finished the week lower amid a global cyber outage on Friday as investors assessed a fall in domestic retail sales in June, while commodity-linked stocks dropped, tracking declines in prices of copper, gold and other metals. The blue-chip FTSE 100 index was down 0.6%. The …
UK stocks end with weekly losses as commodity-linked stocks weigh Read More »
By Sinead Cruise LONDON (Reuters) -For ultra-wealthy entrepreneur Bassim Haidar, living in London has become an expensive indulgence he can no longer justify. While new British Prime Minister Keir Starmer settles into No. 10 Downing St, Haidar is searching for homes in Greece and Monaco, because a proposed inheritance tax revamp will make Britain a …
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(Reuters) – Britain’s competition regulator said on Friday it has cleared Nationwide Building Society’s proposed 2.9-billion-pound ($3.75 billion) all-cash deal to buy Virgin Money UK. The deal, which was announced in March and is expected to close in the fourth quarter, could create the country’s second-largest savings and mortgage provider, after Lloyds Banking Group, the …
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LONDON (Reuters) – Ukrainian President Volodymyr Zelenskiy arrived in Downing Street on Friday where he was due to meet Prime Minister Keir Starmer and his top ministers. Zelenskiy took part in a meeting of the European Political Community in Britain on Thursday. (Reporting by William Schomberg; editing by Sarah Young)
By William Schomberg LONDON (Reuters) -Britain’s government borrowed a lot more than forecast in June, according to official data published on Friday that highlighted the big budget challenges facing the new government of Prime Minister Keir Starmer. Public sector net borrowing, excluding state-controlled banks, was a larger-than-expected 14.5 billion pounds ($18.75 billion) last month. A …
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