Reuters UK Domestic

By Andy Bruce LONDON (Reuters) -Britain posted a larger budget deficit than expected in February, boosted by cost of living payments and the effect of past inflation on the public finances, official data showed on Thursday. Public sector net borrowing, excluding state-owned banks, was 8.40 billion pounds ($10.74 billion) last month, down from 11.84 billion …

Cost of living payments, inflation swell UK budget deficit in February Read More »

LONDON (Reuters) -British insurer and asset manager M&G reported profit ahead of analyst forecasts for 2023 on Thursday, as the company looks to cash in on a boom in demand for pension insurance. M&G reported assets under management of 343.5 billion pounds ($440 billion), up on 342 billion the prior year, and adjusted operating profit …

M&G reports 2023 profit ahead of analyst forecasts Read More »

By Huw Jones LONDON (Reuters) – Britain’s banks and other financial firms are boosting the number of women in senior management roles, but unless the pace quickens, it will take until 2038 to reach gender parity, the finance ministry said on Thursday. The ministry’s Women in Finance Charter was launched in 2016, with signatory firms …

Britain’s finance sector faces long haul to gender parity, report says Read More »

By William Schomberg LONDON (Reuters) – The Bank of England looks set to keep its cards close to its chest on Thursday and not speed up its progress towards cutting interest rates, as it awaits clearer signs that the country’s hot inflation problem has been doused. The BoE is widely expected to keep Bank Rate …

Bank of England expected to keep rate cut talk on ice for now Read More »

LONDON (Reuters) -Britain’s Queen Camilla joked that her a grandson Louis was “quite a handful” as she met members of the public on a visit to the Isle of Man. Camilla, King Charles’s wife, has two grandsons called Louis. One is five-year-old Prince Louis, the youngest son of Prince William and fourth in line to …

UK’s Queen Camilla jokes her grandson Louis is ‘quite a handful’ Read More »

By Michael Holden and Sam Tobin LONDON (Reuters) -Lawyers for Britain’s Prince Harry and other claimants sought on Wednesday to amend their London lawsuit against Rupert Murdoch’s British tabloid papers to allege the media magnate was personally involved in a cover-up of wrongdoing. Harry and more than 40 others are suing News Group Newspapers (NGN) …

Prince Harry lawyers seek to drag Rupert Murdoch into UK court case Read More »