By Foo Yun Chee BRUSSELS (Reuters) – British Airways owner IAG has again offered remedies to the European Commission aimed at securing EU approval of its takeover of Spain’s Air Europa. “We submitted a new remedy package with some adjustments compared to the previous one,” IAG said in an email. “It includes improvements that have …
LONDON (Reuters) – Britain’s electricity system operator wants to expand a scheme under which homes are paid to cut power usage so that it becomes a regular feature of the market, rather than just a tool to help prevent electricity shortages in winter. The Electricity System Operator (ESO), which moves power around the country, said …
Britain eyes expanding scheme to pay homes to use less power Read More »
By Sam Tobin LONDON (Reuters) – A former Deutsche Bank trader is suing the bank in a London court for just over 2.6 million pounds ($3.3 million) after she was not paid an individual bonus nearly a decade ago, though Germany’s largest lender says it simply could not afford it. Shikha Gupta worked until 2017 …
Ex-UK trader sues Deutsche Bank for $3.3 million over unpaid bonus Read More »
HONG KONG (Reuters) – Hong Kong’s leader John Lee said on Tuesday that Britain was weaponising its judicial influence against China and Hong Kong after two British judges resigned from the city’s highest court. A British judge who recently resigned from the top Hong Kong appeals court said on Monday the rule of law in …
UK ‘weaponising’ judicial influence against China and Hong Kong says city leader Read More »
By William Schomberg LONDON (Reuters) – Britain’s right-wing Reform UK party, led by Brexit campaigner Nigel Farage, called on Monday for a 40 billion-pound ($51 billion) tax cut for voters, funded by scrapping the interest paid to banks by the Bank of England. Reform, sitting third in pre-election opinion polls and compounding the woes of …
Farage’s Reform UK wants 40-billion-pound tax cut funded by QE overhaul Read More »
LONDON (Reuters) – Britain’s opposition Labour Party will publish its election manifesto on Thursday, leader Keir Starmer told the BBC on Monday. Labour is on course to win the national election on July 4 according to polls which give Starmer’s party a roughly 20-point lead over the ruling Conservative Party. The two parties clashed last …
UK’s Labour Party to publish election manifesto on Thursday, says Starmer Read More »
LONDON (Reuters) – A fall in permanent hiring by employers in Britain was its least severe in more than a year in May and the recruitment market appears to be poised for a recovery, an industry survey showed on Monday. In a report that will be studied by the Bank of England as it weighs …
UK job market on its way back after downturn, recruiters say Read More »
By Renee Maltezou ATHENS/SYMI, Greece (Reuters) -British TV presenter Michael Mosley has been found dead in a rocky area of Symi, days after he disappeared during a walk on the Greek island, local officials and police told Reuters. The 67-year-old healthy living advocate, who was had been a prominent face on British TV for two …
British TV doctor Mosley found dead on Greek island of Symi Read More »
ATHENS (Reuters) -Rescuers continued searching for British TV presenter Michael Mosley on the mountainous Greek island of Symi on Saturday, the third day of a wide operation launched after he was reported missing by his wife. The 67-year-old doctor and healthy living advocate, who has endorsed fasting and offered tips on sleep and diet, was …
Rescuers search for British TV doctor for third day on Greek island Read More »
LONDON (Reuters) – British Prime Minister Rishi Sunak’s Conservative Party, facing an election next month, on Saturday announced details of its plan to tighten sickness benefit rules, which it said would eventually save 12 billion pounds ($15.3 billion) a year. Sunak, who has previously said he wants to change welfare rules to counter a rise …
UK’s Conservatives promise 12 billion-pound sickness benefit savings Read More »
