Reuters UK Domestic

By Michael Holden and Kanishka Singh LONDON (Reuters) -The United States has provided assurances requested by the High Court in London which could finally pave the way for WikiLeaks founder Julian Assange to be extradited from Britain. Last month, the High Court ruled that, without certain U.S. guarantees, Assange, 52, would be allowed to launch …

Assange extradition moves closer as US provides UK court with assurances Read More »

WASHINGTON (Reuters) -Bank of England Governor Andrew Bailey said on Tuesday there was strong evidence that British inflation was falling, and that the question for BoE rate-setters remained how much more evidence was necessary before starting to cut interest rates. “In the UK we’re disinflating at what I call full employment. I see, you know, …

Bank of England’s Bailey sees strong evidence of falling UK inflation Read More »

LONDON (Reuters) – Hundreds of Border Force officers at Britain’s Heathrow Airport are to strike for four days from April 29 over changes to their working conditions, the Public and Commercial Services trade union said on Tuesday. (Reporting by Farouq Suleiman; editing by William James)

By Elizabeth Howcroft LONDON (Reuters) – UK digital bank Zopa says it welcomes regulatory scrutiny on Britain’s motor finance industry but does not expect its business to be affected unless the scope of the watchdog’s review is broadened. WHY IT’S IMPORTANT Britain’s Financial Conduct Authority (FCA) said in January it would start investigating possible misconduct …

British digital bank Zopa expects no impact from FCA motor finance probe Read More »

LONDON (Reuters) – The pound stayed at a five month low versus the dollar on Tuesday, extending declines slightly after data showed British wages excluding bonuses grew by 6.0% in the three months to the end of February year on year. It was last down 0.16% against the dollar at $1.2450, and a fraction weaker …

Sterling holds at five month low after wage data Read More »

By Elizabeth Howcroft LONDON (Reuters) – Venture capital investment in UK companies fell in the first three months of 2024, in the worst quarter for UK fundraising since the early months of the COVID pandemic, a report showed on Tuesday. UK start-ups raised $3.9 billion in Q1 2024, down from $4.8 billion in the previous …

Venture capital investment in UK start-ups falls in Q1 2024, report says Read More »

LONDON (Reuters) -Prince Harry has lost his first attempt to appeal against the dismissal of his legal challenge over the British government’s decision to take away his police protection when he is in Britain, a court spokesperson said on Monday. Harry, King Charles’ younger son, brought the action at London’s High Court after the Home …

Prince Harry loses first appeal bid in challenge over his UK police protection Read More »

(Reuters) -Struggling British fashion chain Superdry is in the advanced stages of preparing a restructuring plan that is expected to launch in the coming days, the company said on Monday. There is no certainty that the plan will be implemented, it added, without giving further details. The announcement follows a Sky News report that said …

UK’s Superdry says restructuring plan could be launched in coming days Read More »