(Reuters) – AO World said on Thursday it expects annual adjusted pretax profit to be at the top-end of its previous forecast as the British online consumer electricals retailer returned to revenue growth in the fourth quarter. AO World forecast revenue of about 1.04 billion pounds ($1.31 billion) for the year ending March 31. It …
UK’s AO World expects annual profit at top end of forecast Read More »
LONDON (Reuters) – Lloyd’s of London swung to a pre-tax profit of 10.7 billion pounds ($13.51 billion) in 2023, the commercial insurance market said on Thursday, boosted by strong underwriting and investment performance. The insurance market, which has more than 50 member firms, suffered an 800-million-pound loss in 2022. Commercial insurers, who underwrite anything from …
Insurer Lloyd’s of London swings to $13.5 billion profit in 2023 Read More »
(Reuters) -Bank of England (BoE) interest-rate setter Jonathan Haskel said that rate cuts should be “a long way off,” the Financial Times reported on Thursday, a week after the policymaker ditched earlier calls for higher rates and voted to hold rates. “Although the fall in headline inflation is very good news, it is not informative …
BoE’s Haskel says rate cuts should be ‘a long way off’, FT reports Read More »
(Reuters) – Liverpool and Manchester United have jointly launched an education programme through their foundations to tackle tragedy-related abuse, the clubs said in the run-up to their Premier League game at Old Trafford on April 7. The clubs have repeatedly condemned fans chanting in reference to the Hillsborough tragedy, the Heysel Stadium disaster, and the …
Soccer-Liverpool, Man Utd jointly launch programme to combat tragedy-related abuse Read More »
LONDON (Reuters) – More than 4,600 asylum seekers have arrived in Britain on small boats so far in 2024, a record total for the first three months of the year and giving Prime Minister Rishi Sunak a fresh political headache. Provisional data from the Home Office, or interior ministry, showed on Wednesday that 4,644 people …
Migrant crossings to UK hit new record, heaping pressure on Sunak Read More »
(Reuters) -Former England captain and Manchester City defender Steph Houghton will retire at the end of the current Women’s Super League season, she said on Wednesday. Houghton, 35, has 121 caps for England. She was named England captain in 2014 and went on to lead her country to a bronze medal at the 2015 World …
Soccer-Former England captain and Man City defender Houghton to retire Read More »
By Sam Tobin LONDON (Reuters) – Tom Hayes, the first trader in the world to be jailed for interest rate rigging, lost his appeal against his conviction on Wednesday, a decision he said he would seek to challenge at the UK’s Supreme Court. Hayes, a former star Citigroup and UBS trader, was convicted in 2015 …
Libor trader Hayes loses appeal against rate-rigging conviction Read More »
By Siddarth S and Medha Singh (Reuters) -Britain’s FTSE 100 ended flat on Wednesday as investors stayed away from making big bets in a holiday-shortened week, while paper and packaging firm DS Smith and specialised products and service distributor Diploma on deal-related news. DS Smith jumped 10.2% after the firm confirmed it was in discussions …
UK equities muted as risk appetite fades after recent gains; DS Smith, Diploma jump Read More »
(Reuters) -The United States and Britain imposed sanctions on a fund-raising network aligned with the Palestinian group Hamas that carried out an Oct. 7 attack on Israel, the U.S. Treasury Department said on Wednesday. It said in a statement that the punitive measures target two individuals and three entities described as key financial facilitators involved …
US, UK impose sanctions on Hamas-aligned fundraising network, US Treasury says Read More »
LONDON (Reuters) – A by-election to choose a new lawmaker for Britain’s parliament will be held on May 2, the same day as other local and mayoral votes in what will be a major electoral test for Conservative Prime Minister Rishi Sunak. “The parliamentary by-election for the Blackpool South constituency will take place on Thursday …
Vote to replace UK lawmaker set for May 2 as PM Sunak faces major test Read More »
