By David Milliken LONDON (Reuters) – An early Easter boosted food spending in Britain last month, lifting retail sales by the most since August, but the broader picture remained subdued as wet weather dampened demand for other goods, the British Retail Consortium said on Tuesday. Britain’s economy entered a shallow recession in the second half …
Easter food spending lifts UK retail sales by most since August Read More »
By Alistair Smout and Kanishka Singh LONDON/WASHINGTON (Reuters) -British Foreign Minister David Cameron will meet Secretary of State Antony Blinken on Tuesday during his U.S. trip and press lawmakers in Congress to pass an aid package for Ukraine while also discussing the Israel-Gaza war. Ahead of his meeting with Blinken, Cameron will meet former President …
UK’s Cameron to meet Blinken, Trump while pressing US Congress on Ukraine aid Read More »
By Padraic Halpin ARMAGH, Northern Ireland (Reuters) – Discussions on the potential reform of how Northern Ireland’s power-sharing government operates should begin within the next 12 months, Irish Foreign Minster Micheal Martin said on Monday. Irish nationalists and pro-British unionist politicians are obliged to share power under a 1998 peace deal, but the ability of …
Ireland’s Martin calls for talks on N.Irish political reforms within a year Read More »
By David Milliken LONDON (Reuters) – Starting salaries for permanent staff grew at the slowest rate in over three years last month and spending on temporary workers fell by the most since July 2020, recruiters said on Monday, adding to signs of a slowdown in Britain’s job market. March’s survey from the Recruitment and Employment …
UK recruiters report slowest growth in starting pay in over 3 years Read More »
(Reuters) – About 15 Ted Baker stores in the UK will be shut down, including shops in London Bridge and Milton Keynes, leading to nearly 250 job losses, joint administrators of the collapsed British fashion retailer said on Monday. WHY IT’S IMPORTANT Ted Baker, a popular brand name in the UK, fell into administration last …
Struggling UK fashion retailer Ted Baker to shut 15 stores, 250 jobs at risk Read More »
LONDON (Reuters) – Britain said on Monday that consultations on future cooperation between its AUKUS security pact partners, the U.S. and Australia, and other nations including Japan were set to begin this year. “We have always said we would engage additional nations in our Pillar Two work as it progresses, and collaborating with like-minded countries …
Collaboration talks between AUKUS and other nations to begin this year, UK says Read More »
LONDON (Reuters) – Sterling dipped against the dollar on Monday, as weak pay figures from recruiters added to signs of a slowdown in Britain’s job market. The pound was last down 0.1% versus the dollar at $1.2626, while it was broadly flat against the euro at 85.77 pence per euro. Starting salaries for permanent staff …
Sterling dips as weak UK pay data adds to signs of jobs slowdown Read More »
(Reuters) – British Airways owner IAG is considering reinstating dividend payments as soon as this year, Bloomberg News reported on Friday, citing people familiar with the matter. IAG last paid an interim dividend of 0.145 euros ($0.1566)per share in 2019 before scrapping final payouts the following year as the pandemic rattled the airline industry. A …
British Airways-owner IAG mulls dividend payout this year, Bloomberg News reports Read More »
(Reuters) -CVS Group, one of Britain’s biggest veterinary chains, said on Monday it recently identified and intercepted unauthorised external access to a limited number of its IT systems, resulting in disruptions to its UK operations. The company said it took immediate steps, but did not specify the nature of the information that was accessed or …
By David Milliken LONDON (Reuters) – Concern among large British companies about economic uncertainty has fallen to its lowest since mid-2021 but the improved mood is not yet translating into stronger investment, a Deloitte survey showed on Monday. Britain’s economy entered a shallow recession in the second half of last year although recently published surveys …
Large UK companies see lowest uncertainty in nearly 3 years Read More »
