By William Schomberg LONDON (Reuters) – The winner of Britain’s election this year needs to scrap budget rules that are holding back economic growth and cannot be met without higher taxes, a leading think-tank said on Thursday. Prime Minister Rishi Sunak and his finance minister Jeremy Hunt are following a self-imposed target of having public …
UK election winner should scrap debt cut target, think tank says Read More »
By David Milliken LONDON (Reuters) – British property surveyors expect an increase in property sales later this year, despite an ongoing drag from high borrowing costs, as the number of homes being put up for sale rose last month at the fastest pace since September 2020. The Royal Institution of Chartered Surveyors said on Thursday …
UK property surveyors see pick-up in house sales later in 2024 Read More »
LONDON (Reuters) – British police said on Wednesday they had arrested three men in northern England on suspicion of “commission, preparation and instigation of acts of terrorism.” “This evening we have executed a number of planned warrants as part of an ongoing counter-terrorism investigation,” said Assistant Chief Constable Rob Potts, who holds responsibility for counter …
UK police arrest three men in counter-terrorism investigation Read More »
LONDON (Reuters) -Prince Harry made a rare public appearance in Britain on Wednesday when he attended a service of thanksgiving to mark the 10th anniversary of the Invictus Games, with the strained relationship with his family dominating attention. Harry, 39, the younger son of King Charles and who now lives in California with his American …
Prince Harry appears, alone, for UK Invictus Games service Read More »
LONDON (Reuters) – Britain’s financial watchdog said on Wednesday it was considering a formal redress scheme to compensate thousands of consumers that were potentially overcharged for motor finance. A watchdog-ordered redress scheme would force companies that overcharged for motor finance to pay compensation to clients. “It’s one of the options based on the evidence that …
UK watchdog considers redress scheme after motor finance probe Read More »
By Sam Tobin LONDON (Reuters) – Northern Ireland’s police force regularly obtained reporters’ telephone billing data to find out if police officers had been leaking information, lawyers representing two investigative journalists told a London tribunal on Wednesday. Trevor Birney and Barry McCaffrey, who are suing the Police Service of Northern Ireland (PSNI), say they have …
Northern Ireland police obtained reporters’ phone data, tribunal hears Read More »
By Susanna Twidale LONDON (Reuters) – Britain is investing almost 200 million pounds ($251.14 million) to build Europe’s first facility to produce high-assay, low-enriched uranium (HALEU), a fuel it says will be needed to power the next generation of nuclear energy projects, the government said on Wednesday. As part of efforts to meet climate targets …
Britain to build Europe’s first next generation nuclear fuel facility Read More »
By Elizabeth Piper LONDON (Reuters) -Britain will expel Russia’s defence attache, remove diplomatic status from some properties and limit the length of Russian diplomatic visas in response to what interior minister James Cleverly called Moscow’s “malign activity”. Britain’s action was among several taken across Europe on Wednesday. Estonia summoned the head of the Russian embassy …
UK will expel Russian defence attache over ‘malign activity’ Read More »
LONDON (Reuters) – The Financial Conduct Authority (FCA) said on Wednesday it would consider the criteria for naming a company under investigation as its top officials defended a controversial proposal criticised for risking damaging Britain’s competitiveness. Grilled by the cross-party Treasury Committee of lawmakers, FCA Chair Ashley Alder said the regulator had not expected such …
UK regulator will consider criteria for “naming and shaming” companies Read More »
By James Davey LONDON (Reuters) -British online fashion retailer Boohoo reported a 7% fall in annual core earnings at the bottom end of guidance after revenue dropped 17%, which it said reflected difficult market conditions and a strategy to target more profitable sales. The group, like UK peer ASOS, was a winner during the COVID …
Boohoo’s annual earnings fall 7% after sales slump Read More »
