By Purvi Agarwal and Roshan Abraham (Reuters) -London’s benchmark FTSE 100 closed lower for a second straight session on Tuesday, hurt by fresh declines in Burberry shares as well as a drop in metal and oil stocks after commodities came under pressure from weaker-than-expected Chinese data. The blue-chip FTSE 100 index ended down 0.2%, with …
FTSE 100 knocked lower by declines in commodities, luxury Read More »
By Alistair Smout LONDON (Reuters) – Britain’s deputy prime minister on Tuesday played down comments by U.S. vice presidential contender J.D. Vance that Britain was an Islamist nuclear-armed country, saying he had a history of making “fruity” remarks. Britain would work with whoever won November’s U.S. presidential election, Angela Rayner added. At a conference earlier …
UK deputy PM dismisses ‘Islamist’ nuclear state jibe by Trump VP pick Vance Read More »
LONDON (Reuters) – Britain said it would boost its “hollowed out” armed forces to make sure the country was prepared to face what the head of a defence review called a “deadly quartet,” comprising China, Iran, North Korea and Russia. The government named George Robertson, the former NATO secretary general, on Tuesday to lead a …
UK to boost armed forces given threat from ‘deadly quartet’ Read More »
By James Davey LONDON (Reuters) – UK grocery inflation has slowed this month to its lowest level since September 2021, coinciding with the fastest rise in monthly supermarket shopper numbers so far this year, industry data showed on Tuesday. Market researcher Kantar said annual grocery price inflation was 1.6% in the four weeks to July …
LONDON (Reuters) – Vanquis Banking Group on Tuesday warned investors it did not expect to meet its goal to deliver a low single-digit return on tangible equity for its full year, as it tackles an in-depth balance sheet review and challenging trading. Chief Executive Ian McLaughlin said the comprehensive review of the lender’s finances had …
Vanquis Bank says will miss some return, capital targets Read More »
By Mitch Phillips BERLIN (Reuters) – If Marc Guehi’s last-gasp header had hit the net maybe England would have gone on to become European champions on Sunday but instead Dani Olmo cleared off the line and it was Spain who took the glory and handed Gareth Southgate another agonising defeat. Having come from behind for …
Soccer-“Fine margins” as Southgate’s England miss out on a trophy again Read More »
LONDON (Reuters) -U.S. technology firm InterDigital and a patent licensing platform on Monday won their bid to throw out a London lawsuit by Tesla, which was seeking a patent licence ahead of the automaker’s launch of 5G vehicles in Britain. Elon Musk’s company sued InterDigital and Avanci – which licenses patents from multiple owners, largely …
Tesla’s UK lawsuit for 5G patents licence thrown out by UK court Read More »
By Purvi Agarwal and Roshan Abraham (Reuters) -Britain’s FTSE 100 closed lower on Monday, pressured by weaker commodity prices and U.S. political uncertainty, while shares of luxury retailer Burberry plunged to a 14-year low. The blue-chip FTSE 100 index fell 0.85%, while the mid-cap FTSE 250 dipped 0.1%. Both indexes snapped three sessions of gains. …
FTSE 100 ends lower on Burberry profit warning, US political worries Read More »
LONDON (Reuters) – A security alert briefly interrupted King Charles and Queen Camilla’s trip to the Channel Island of Jersey on Monday, although the royal couple were able to resume their visit shortly afterwards. The royals were visiting the Jersey Expo event when they were pulled away by royal aides after a small issue of …
Security alert briefly interrupts King Charles and Camilla’s Jersey visit Read More »
LONDON (Reuters) – Uber’s rival taxi operators will not face a 20% tax charge on their profit margins outside of London after a court on Monday overturned a ruling that private-hire operators enter into a contract with passengers. Uber had brought the case following a 2021 decision by the United Kingdom’s Supreme Court that its …
Uber’s UK court win over tax on rival apps overturned on appeal Read More »
