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Factbox-What we know about the sinking of Mike Lynch’s superyacht

ROME (Reuters) -The sinking of a luxury yacht on Aug. 19 off the northern coast of Sicily left seven people dead, including British tech tycoon Mike Lynch, his daughter Hannah and Morgan Stanley’s Jonathan Bloomer.  Here is what we know about the incident. VIOLENT STORM  The Bayesian, a British flagged 56-metre (184-feet) superyacht, was anchored …

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Britain should raise pension contributions to plug ‘gender gap’, consultant Mercer says

By Huw Jones LONDON (Reuters) – The minimum amount that workers and employers in Britain put into pension pots should be raised to help plug a retirement cash gap between men and women, and boost investment in productive assets, pensions consultant Mercer said on Wednesday. Britain’s new Labour government has announced a review of the …

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Sterling dips against dollar but continues to rise versus euro

(Reuters) – Sterling dipped from two-year highs touched against the dollar but made further ground versus the euro on Wednesday as investors focussed the prospect of diverging monetary policies in the United States and Britain. The pound slipped 0.3% to $1.3218, having climbed to its strongest level since March 22 at $1.3269 on Tuesday. It …

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Cricket-England batter Malan retires from international cricket

(Reuters) – Dawid Malan, a former top-ranked batter in T20 internationals, has retired from international cricket, the England and Wales Cricket Board (ECB) said on Wednesday. Malan, who turns 37 next week, played 30 One-Day Internationals (ODIs) and 62 Twenty20 internationals (T20Is). He last appeared for England in November during the 50-over World Cup. The …

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Equinor may reconsider investing in UK oil sector if taxes rise

By Nerijus Adomaitis STAVANGER, Norway (Reuters) -Norway’s Equinor may reconsider investing in oil and gas in Britain if the Labour government changes the industry’s tax regime, a top company executive told Reuters. Equinor’s head of international operations said it may not be as attractive to invest in the British oil and gas sector if taxation …

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Oasis to reunite for 2025 world tour as Gallaghers end fraternal feud

By Paul Sandle and Sam Tobin LONDON (Reuters) – Oasis plan to reunite after 15 years, with news on Tuesday that brothers Noel and Liam Gallagher are lining up a series of gigs in 2025 crashing the British band’s website and sending hotel prices soaring. The group, whose debut album “Definitely Maybe” was released 30 …

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Ex-Barclays banker Kalaris loses appeal against FCA ban on senior roles

LONDON (Reuters) -A former senior Barclays banker who was acquitted of fraud charges in 2020 has lost an appeal in a London tribunal to overturn a decision by Britain’s Financial Conduct Authority that barred him from holding senior industry positions. The FCA refused an application by investment group Saranac Partners to approve Tom Kalaris for …

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UK to spend 10.5 million pounds to prepare ports for new EU border checks

LONDON (Reuters) – Britain will spend 10.5 million pounds ($13.9 million) to help ports prepare for the European Union’s post-Brexit security checks for UK nationals entering the bloc and reduce the risk of queuing and disruption, the government said on Tuesday. More than four years after the UK formally left the EU, the 27-nation bloc …

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