LONDON (Reuters) – Bank of England Governor Andrew Bailey has said inflation is moving in the right direction but some of his fellow interest rate-setters have sent different messages on how quickly the BoE should move towards a first cut in borrowing costs since 2020. Financial markets put almost zero chance on a rate cut …
Bank of England policymakers split on when to cut rates Read More »
BELFAST (Reuters) – A total of 38 inquests involving the deaths of more than 70 people during Northern Ireland’s “Troubles” will not go ahead after a disputed new British law came into effect on Wednesday, Northern Ireland’s Chief Justice’s office said. Victims’ families, human rights organisations and all major political parties in Northern Ireland – …
New UK law ends 38 inquests into deaths during Northern Ireland’s “Troubles” Read More »
By Harry Robertson LONDON (Reuters) – The pound held steady on Wednesday as traders waited for the Federal Reserve’s interest rate decision later in the day for hints about when U.S. borrowing costs might start to fall. Sterling was last effectively unchanged from Tuesday at $1.2488, after falling 0.55% the previous day as the dollar …
Sterling holds steady as markets await Fed decision Read More »
LONDON (Reuters) – A British police officer has been charged with a terrorism offence for allegedly publishing an image in support of Hamas, a group banned in Britain as a terrorist organisation, police said on Wednesday. Mohammed Adil, 26, from Bradford in northern England, was arrested last November and charged following an investigation by British …
UK police officer charged with showing support for Hamas Read More »
LONDON (Reuters) -Premier League clubs have taken a step towards implementing a spending cap, voting on Monday for the league to complete the economic and legal analysis needed for such a model. The model will be presented to clubs before a final vote at the league’s Annual General Meeting in June at the earliest, British …
Soccer-Premier League clubs take step towards spending cap Read More »
(Reuters) – British apparel and sportswear retailer Frasers Group said on Monday it has reached a deal with the administrators of the collapsed online clothing platform MATCHES to acquire certain intellectual property (IP) assets. Frasers put MATCHES into administration last month, after buying it last year for about 52 million pounds ($65.33 million). ($1 = …
UK’s Frasers to buy IP assets of collapsed retailer MATCHES Read More »
LONDON (Reuters) – Britain’s National Crime Agency (NCA) said on Monday it had issued an unprecedented alert to hundreds of thousands of education professionals over an increase in cases of financially motivated sexual extortion, including in schools. The NCA said there had been a global rise in “sextortion” cases – in which people are threatened …
UK crime agency alerts teachers on “sextortion” after rise in cases Read More »
LONDON (Reuters) -Some 19% of votes cast at Ocado’s annual shareholder meeting on Monday opposed the online grocer and technology group’s proposed new pay policy that could see boss Tim Steiner pick up a bonus share award of up to 15 million pounds ($19 million). The FTSE 100 group, which sells its robotic technology to …
Ocado pay policy opposed by 19% of votes cast at annual meeting Read More »
LONDON (Reuters) – Scotland’s First Minister Humza Yousaf said on Monday he would step down, saying he was not the right candidate to rebuild ties with other parties after he ended a coalition with the Greens and faced defeat in confidence votes this week. Here are some of the possible candidates to be the next …
Factbox-Who could replace Humza Yousaf as Scotland’s first minister? Read More »
LONDON (Reuters) – Britain expressed support on Monday for an as-yet-unpublished proposal from Ireland for new rules to let Dublin resume returning asylum seekers to the UK, which a court had halted because of Britain’s plan to send illegal migrants to Rwanda. Prime Minister Rishi Sunak aims to deport unlawful migrants to Rwanda without an …
Britain ‘comfortable’ with Irish proposal on returning migrants Read More »
