LONDON (Reuters) – Scottish police said on Wednesday they had received more than 7,000 online reports of offences in the first week since the introduction of a new hate crime law that opponents say could curb free speech and waste police time. The law, brought in by a devolved government controlled by the centre-left pro-independence …
Scottish police receive thousands of reports after new hate crime law Read More »
By David Milliken and Dhara Ranasinghe LONDON (Reuters) – Britain faces risks and challenges from the scale of borrowing it will need in coming years, though it can take some comfort from the fact many other countries are in the same boat, the head of the state debt agency said. UK Debt Management Office chief …
UK debt chief warns scale of borrowing leaves challenge for successor Read More »
PARIS (Reuters) – A French court on Wednesday rejected construction group Vinci’s request for damages of nearly 1.6 billion euros ($1.74 billion) from the government over an airport project, which was dropped after intense protests from environment activists. “The State was not at fault in abandoning the Notre-Dame-des-Landes airport project for reasons of public interest,” …
Vinci loses damages claim over cancelled airport project Read More »
LONDON (Reuters) – Britain’s main opposition Labour Party is polling ahead of the Scottish National Party (SNP) for the first time in Scotland since an independence referendum almost a decade ago, a YouGov survey showed on Wednesday. Regaining ground in its former Scottish heartlands is key for Labour’s hopes of winning the next national election, …
UK’s Labour ahead of SNP in Scotland for first time in a decade, YouGov poll shows Read More »
KYIV (Reuters) – Ukraine and Britain have signed a framework agreement to cooperate in the defence and arms production sector, officials said in Kyiv, part of a wartime effort to build up Ukraine’s domestic weapons industry by working with allies. The document was signed at a military industry conference in Kyiv that was attended by …
Ukraine, UK sign agreement to cooperate on arms production Read More »
By James Davey LONDON (Reuters) -Britain’s biggest retailer Tesco forecast a further rise in profit on Wednesday, citing early signs of improving consumer sentiment, after customer wins from rivals helped drive an 11% jump last year. CEO Ken Murphy said easing food inflation, lower energy prices and employment levels holding up made him “quite positive” …
UK’s Tesco forecasts profit rise as consumer sentiment improves Read More »
(Reuters) – M&C Saatchi said on Wednesday it expected to meet profit expectations this year, betting on its cost-savings initiatives and divestment of loss-making businesses, after the British advertising group posted a 10% fall in 2023 earnings. WHY IT’S IMPORTANT The advertising industry has been grappling with significant cutbacks by tech clients on marketing, while …
M&C Saatchi expects 2024 profit to meet forecasts Read More »
(Reuters) – British e-commerce firm THG said on Wednesday its revenue continued to improve in 2024 after returning to growth in the last quarter of 2023, thanks to demand for beauty products. WHY IT’S IMPORTANT After a bumper $7 billion London initial public offering in 2020, THG has issued multiple profit warnings that have weighed …
UK’s THG returns to revenue growth in Q4 on demand for beauty products Read More »
LONDON (Reuters) – British insurer Direct Line has hired a new chief financial officer, it said on Wednesday, weeks after fending off takeover interest from Belgian rival Aegas. Direct Line said that Jane Poole, who is currently finance chief for Aviva’s UK and Ireland general insurance business, will join as CFO in October, succeeding Neil …
Direct Line hires finance chief from rival Aviva Read More »
LONDON (Reuters) – Britain’s air traffic services provider NATS said Warren East would take over as chairman from Sept. 1, naming the former boss of Rolls-Royce and ARM to succeed Paul Golby who has been in the role for 10 years. The appointment of corporate heavyweight East, with his knowledge of aviation from engine maker …
Under fire UK air traffic provider appoints Warren East as chair Read More »
