Reuters UK Domestic

Rothesay sees ‘unprecedented’ pipeline in UK pension risk transfers

LONDON (Reuters) -Rothesay Life said on Friday it saw “very significant” growth opportunities due to an “unprecedented” pipeline of British pension schemes looking to offload risks to insurers. The comments came as Rothesay, owned by Singapore’s GIC and MassMutual, posted new business premiums of 12.7 billion pounds ($16 billion) for 2023, up from 3.3 billion …

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Filmmaker and fan Jonathan Nolan brings ‘Fallout’ games to TV

By Hanna Rantala LONDON (Reuters) – Filmmaker Jonathan Nolan says he was both nervous and excited to adapt the popular post-apocalyptic video game series “Fallout” for television. “(It was) intimidating, honestly, and the reason why is that I had played the games and loved them,” Nolan said as he premiered the new TV show in …

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Cricket-UK PM Sunak announces 35 million pounds package to build 16 all-weather domes

(Reuters) – British Prime Minister Rishi Sunak announced a 35 million pounds ($44.35 million) package on Friday that will primarily go into the construction of 16 all-weather domes in cities that will host T20 World Cup matches in 2026 and 2030. England and Wales are set to host the 2026 Women’s T20 World Cup while …

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Top German CEOs join Scholz’s China trip despite ‘de-risking’ push

BERLIN/FRANKFURT/MUNICH (Reuters) -Germany’s top corporate brass will join Chancellor Olaf Scholz when he visits China later this month, reflecting an ongoing dependence on the world’s second-biggest economy despite efforts to spread exposure more evenly across the globe. Roland Busch, chief executive of Siemens and chair and president of the Asia-Pacific Committee of German Business, will …

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Man found guilty of 2005 murder of female British police officer Beshenivsky

LONDON (Reuters) – A 75-year-old man was found guilty on Thursday of the murder of British police officer Sharon Beshenivsky during a bungled armed robbery in 2005. Following his extradition to Britain from Pakistan last year, a jury at Leeds Crown Court found Piran Ditta Khan guilty of murder and firearms offences, Britain’s Crown Prosecution …

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London Tube drivers call off strikes planned in April and May

LONDON (Reuters) – Train drivers on the London Underground have called off strikes planned on April 8 and May 4 in a long-running dispute over working conditions, the ASLEF trade union said on Thursday. The Associated Society of Locomotive Engineers and Firemen (ASLEF), which represents 96% of the train drivers in Britain, said it had …

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UK judges, intelligence experts call for halt to Israeli arms sales

By Kate Holton LONDON (Reuters) -Three former Supreme Court justices have joined more than 600 members of the British legal profession in calling for the government to halt arms sales to Israel, saying it could make Britain complicit in genocide in Gaza. Their call was also backed by two of the country’s leading intelligence experts, …

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Next UK government faces credit rating challenge, S&P says

By William Schomberg and Suban Abdulla LONDON (Reuters) -Britain’s next government will have to tread carefully to avoid jeopardising the country’s already diminished credit rating with the public finances under heavy strain, a senior analyst with S&P Global Ratings said. Maxim Rybnikov, S&P’s primary sovereign analyst for the United Kingdom, said whoever wins the election …

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Britain’s Co-op profit slides after petrol forecourt sale

(Reuters) -Co-op, which runs Britain’s seventh-biggest supermarket chain, posted a steep drop in annual pretax profit on Thursday following the sale of its petrol forecourt business, and amid growing competition among retailers. The 180-year-old group, which is owned by its more than 5 million members, has been grappling with intense competition from discounters Aldi and …

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