LONDON (Reuters) – The kit Britain’s track cyclists will use at the Paris Olympics will not be bettered by another nation, according to the man responsible for keeping them top of the medals table. British Cycling’s attention to detail, as well as generational talents, has been a major factor in the nation topping the cycling …
LONDON (Reuters) – It would be a bad idea for Britain to try to reduce pressure on the public finances by cutting the amount of interest the Bank of England pays on reserves held there by commercial banks, a junior Treasury minister said on Tuesday. Some former BoE officials have said the government could save …
Cutting interest paid on Bank of England reserves would be bad, Treasury minister says Read More »
LONDON (Reuters) – Britain is considering changing the law to stop a foreign state owning a news organisation, government sources said on Tuesday, as it weighs up whether to allow Abu-Dhabi-backed Redbird IMI to buy the Telegraph newspaper. The bid for the politically influential Telegraph has raised questions about the independence of the media and …
Britain considering measures to stop foreign states from buying newspapers Read More »
By Muvija M LONDON (Reuters) – The Church of England will not adopt a set of cast-iron criteria when deciding whether to baptise asylum seekers as it was impossible to see into someone’s heart, a bishop said on Tuesday amid a row over fake conversions to Christianity. The centuries-old church launched a review into its …
Church of England agonises over asylum seekers’ bogus conversions row Read More »
By Susanna Twidale LONDON (Reuters) -Britain is proposing to build new gas plants to improve energy security and risks facing blackouts without them, the government said on Tuesday. As part of efforts to meet climate targets and boost energy security, Britain is seeking to increase its nuclear and wind power capacity but said new gas …
Britain says new gas plants needed to keep the lights on Read More »
By Alan Baldwin and Sam Tobin LONDON (Reuters) -Former Ferrari driver Felipe Massa has taken action in the London High Court against Formula One, former commercial supremo Bernie Ecclestone and the governing FIA seeking recognition as 2008 world champion and financial compensation. A court document provided by Massa’s representatives said the best estimate of his …
Motor racing-Massa takes action against F1, FIA, Ecclestone in London High Court Read More »
By Michael Holden LONDON (Reuters) -King Charles hailed the work of the Commonwealth in its 75th anniversary year on Monday, although the British monarch was absent from annual celebrations for the organisation he leads as he recuperates from cancer treatment. The Commonwealth Day events are the most significant annual royal occasion that Charles, 75, has …
King Charles hails Commonwealth but misses annual celebrations Read More »
By David Milliken LONDON (Reuters) – When the Bank of England’s chief economist was asked to explain why its forecasting models had failed to anticipate runaway inflation, he sought to manage expectations. “All economic models are wrong, but some are useful,” Huw Pill concluded in a letter to lawmakers last June that laid out the …
Bank of England forecasts in the dock as Bernanke verdict looms Read More »
By Michael Holden LONDON (Reuters) – Kate, Britain’s Princess of Wales, issued an apology on social media on Monday for “any confusion” caused by an edited photograph which had been issued by her office Kensington Palace the previous day. Several leading news organisations including Reuters withdrew the picture of Kate, 42, posing with her three …
Kate, UK’s Princess of Wales, apologises for ‘any confusion’ photo edit Read More »
By Muvija M LONDON (Reuters) – Britain’s government is weighing whether to approve a UAE-led takeover of Britain’s Daily Telegraph amid howls of protest from politicians, journalists and even a former spy chief that the deal risks press freedom. Britain’s competition and media regulators submitted reports on the takeover to the government on Monday. Media …
UK weighs approval of Abu Dhabi-backed Telegraph newspaper buyout Read More »
