Reuters UK Domestic

By Eva Mathews and Sinead Cruise LONDON (Reuters) -Coventry Building Society has offered to buy Britain’s Co-operative Bank for 780 million pounds ($971 million) in cash, in the latest attempted tie-up among UK lenders jostling for market share amid fickle demand for loans. Talks on terms of the deal are advanced, the companies said on …

Coventry Building Society bids $971 million for Co-op Bank in latest UK tie-up Read More »

By Huw Jones LONDON (Reuters) – Plans by Britain’s financial regulator to require firms to set targets for improving diversity could be counterproductive, UK business and women minister Kemi Badenoch said on Thursday. The Financial Conduct Authority (FCA) and the Bank of England’s Prudential Regulation Authority (PRA) last September proposed guidance for financial firms to …

UK finance watchdog plans on diversity targets a ‘bad idea’, says minister Read More »

LONDON (Reuters) – Financial firms that offer services to customers in Britain directly from overseas without a base in the country must have executives that spend an “appropriate” amount of time on UK soil, the Financial Conduct Authority (FCA) said on Thursday. Britain’s “overseas persons exclusion” allows financial firms based outside the country to offer …

UK says bosses of overseas finance firms must spend time in Britain Read More »

LONDON (Reuters) – Britain has decided not to designate genomics as critical national infrastructure, Deputy Prime Minister Oliver Dowden said on Thursday, adding a review of the issue had concluded that the current system provided sufficient controls. Dowden had said last year he was exploring whether to designate genomics as critical national infrastructure (CNI), amid …

Britain decided not to list genomics as critical infrastructure, deputy PM says Read More »

By Lori Ewing MANCHESTER, England (Reuters) -Antonio Ruediger scored the decisive penalty as Real Madrid beat holders Manchester City in an edge-of-your-seat 4-3 shootout victory to reach the semi-finals of the Champions League after the teams were locked at 4-4 on aggregate following extra time on Wednesday. City’s Bernardo Silva and Mateo Kovacic both misfired …

Soccer-Real Madrid dispatch holders Man City in Champions League shootout Read More »