Reuters UK Domestic

Barclays to cut UK corporate banking costs by $127 million, lend more

By Lawrence White LONDON (Reuters) -Barclays said on Tuesday it will cut about 100 million pounds ($127 million) of annual costs from its UK corporate banking business by 2026, under broader plans by the British bank to ramp up lending at the under-achieving division. In February, Barclays said it will refocus on Britain as part …

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Film ‘The Bikeriders’ recreates heyday of 60s motorcycle clubs

By Hanna Rantala LONDON (Reuters) – Actors Austin Butler, Jodie Comer and Tom Hardy immersed themselves in 1960s American motorcycle culture for their new film “The Bikeriders”. The drama’s writer and director Jeff Nichols was inspired to make the movie after becoming obsessed with photojournalist Danny Lyon’s photography and oral history of ’60s Midwestern biker …

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UK’s Hargreaves Lansdown set to agree $6.9 billion takeover by CVC-led consortium

(Reuters) -Hargreaves Lansdown is set to agree a 5.41 billion pounds ($6.87 billion) takeover by a CVC-led consortium if the group of investors table a formal offer at that price, the British company said on Tuesday. The London-listed investment platform has agreed to extend the deadline for the consortium to make a firm offer by …

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I was ‘political football’ says UK woman branded a Chinese spy

By Michael Holden LONDON (Reuters) – A woman publicly branded a Chinese spy and a threat to the nation’s security by Britain’s intelligence agency MI5 says the “politically-motivated” decision had destroyed her life and left her a prisoner in her own home. In January 2022, the domestic spy agency MI5 sent out an alert notice …

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British actor Ian McKellen recovering after falling off London stage

LONDON (Reuters) -British actor Ian McKellen, 85, fell off a London stage mid-performance and is now recovering after being taken to hospital, a theatre statement said on Tuesday. McKellen is starring as John Falstaff in “Player Kings”, a production of William Shakespeare’s “Henry IV, Parts One and Two”, in the capital’s West End theatre district. …

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UK approval of arms exports to Israel plunged at start of Gaza war

(This June 17 story has been refiled to add the dropped word ‘against’ in paragraph 1) By Andrew MacAskill LONDON (Reuters) – Britain’s approval of arms export licences to Israel dropped sharply after the start of the war against Hamas in Gaza, with the value of permits granted for the sale of military equipment to …

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UK’s Labour pledges to plug gaps left by bank branch closures

By Huw Jones LONDON (Reuters) – Britain’s Labour Party said on Monday it would give regulators new powers to significantly increase the number of ‘banking hubs’ on high streets if voted into government next month. Lawmakers in Britain have flagged concerns about the closure of branches leaving some people, particularly in rural areas, facing difficulties …

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Soccer-Labour pledges ban on English clubs joining breakaway tournaments

LONDON (Reuters) – Britain’s opposition Labour Party, who polls predict are set to win next month’s general election, promised on Monday to create a new football regulator that would prevent Premier League clubs from joining Super League-style breakaway tournaments. A proposal in 2021 for a breakaway league by Europe’s 12 leading clubs sparked widespread protests …

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Taking aim at UK’s Sunak, Nigel Farage pledges border control, tax cuts

By Elizabeth Piper and William James MERTHYR TYDFIL, Wales (Reuters) -British Brexit campaigner Nigel Farage pledged on Monday to get migration under control and cut taxes for smaller businesses, using the unveiling of his Reform UK’s policy plans to try to poach support from Prime Minister Rishi Sunak’s Conservatives. Farage, whose entry into the campaign …

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