By Joice Alves LONDON (Reuters) – Sterling rose on Friday against a weakening euro and dollar after signs that the European Central Bank (ECB) and the U.S. Federal Reserve might be closer to cutting interest rates than the Bank of England (BoE). The pound rose 0.18% to $1.2826, after hitting its highest since August against …
Sterling climbs to highest since August with Fed, ECB cuts weighing Read More »
By William James LONDON (Reuters) -Former British Prime Minister Theresa May will not stand for re-election, she said on Friday, ending a 27-year career in parliament marked by a tumultuous spell leading the country as it tore itself apart over Brexit May, 67, became the latest in a long line of Conservative Party politicians to …
Former UK PM Theresa May, brought down by Brexit, to quit as lawmaker Read More »
LONDON (Reuters) – A British police officer on Friday pleaded not guilty in a London court to the murder of a Black man who was shot dead during an incident in London. Chris Kaba, 24, who was unarmed, died from a single gunshot after his car was stopped by police firearms specialists in Streatham Hill, …
UK police firearms officer pleads not guilty to Black man’s murder Read More »
By Sinead Cruise and Tommy Wilkes LONDON (Reuters) -Nationwide’s 2.9 billion pound ($3.7 billion) play for Virgin Money is fuelling talk that Britain’s biggest banks might pounce on smaller lenders, heralding an M&A watershed as competition to lend reaches new heights. The all-cash deal proposed by the 140-year-old mutually-owned building society is potentially the biggest …
Nationwide’s Virgin swoop reignites UK banking takeover talk Read More »
By Kirstin Ridley and Nell Mackenzie LONDON (Reuters) – Finance firms in Britain should be banned from misusing non-disclosure agreements (NDAs) to silence victims of sexual harassment and abuse, lawmakers said on Friday, calling for an end to an era of impunity for predators and bullies. In a report on sexism in the City of …
Ban gagging orders for sexual harassment victims, UK lawmakers demand Read More »
LONDON (Reuters) – British police said on Thursday they had received a complaint after a transgender broadcaster reported J.K. Rowling to them over comments the “Harry Potter” author had made on social media. India Willoughby, who was Britain’s first transgender newsreader, has accused Rowling of a “hate crime” over remarks the author posted on X …
Transgender broadcaster reports J.K. Rowling to police over social media comments Read More »
By Andy Bruce LONDON (Reuters) – The assumptions underpinning British finance minister Jeremy Hunt’s new pre-election budget plan stretch the bounds of credulity and leave urgent questions about the future of public services unaddressed, economists said on Thursday. Billed as a “Budget for Long-Term Growth”, Hunt cut taxes for workers without running afoul of his …
‘Fiscal fiction’ underpins UK’s pre-election budget, economists say Read More »
By Kirstin Ridley and Sam Tobin LONDON (Reuters) – Tom Hayes, the first trader jailed over Libor interest rate rigging, said on Thursday he hoped to put a near 10-year battle to clear his name behind him as he prepared for a London High Court appeal against his 2015 conviction. Hayes, a former star Citigroup …
Tom Hayes, former Libor trader, hopes to put ‘nightmare’ behind him Read More »
BERLIN (Reuters) -British foreign minister David Cameron said on Thursday there was “incredible unity” between NATO allies when asked about an intercepted online call between senior German military officials about Ukraine which included details of British operations. The recording was published by Russian media last week and included discussion about Germany supplying long-range Taurus missile …
UK’s Cameron, asked about call intercepted by Russia, praises NATO unity Read More »
By Susanna Twidale LONDON (Reuters) – The British arm of U.S. nuclear firm Holtec International will on Friday launch a competition to find a site for a 600 million pound ($767.04 million) factory in Britain to build small modular reactors (SMR), its director told Reuters. As part of efforts to meet climate targets and boost …
Exclusive-Holtec seeks UK site for 600 million pound small nuclear reactor factory Read More »
