(Reuters) -UK property portal Rightmove forecast on Friday a 7%-9% revenue growth for the current financial year after posting a rise in 2023 profit, in line with market view, as customers upgrade packages and increase their use of digital products. The runaway market leader has benefited from resilient traffic on its portal as homebuilders desperately …
UK property portal Rightmove forecasts revenue growth in 2024 Read More »
By Naomi Rovnick, Lucy Raitano and Harry Robertson LONDON (Reuters) – Britain’s Spring budget is due next Wednesday ahead of an election expected this year, and investors are keen to see if finance minister Jeremy Hunt can balance giveaways and growth schemes with high public debt and above-target inflation. Tax cuts and housing stimulus are …
The likely winners and losers from the UK budget Read More »
LONDON (Reuters) – British house prices in February rose in annual terms for the first time in more than a year, mortgage lender Nationwide Building Society said on Friday, the latest sign of a recovery in the housing market after a dip in mortgage costs. House prices were 1.2% higher than in February 2023, the …
UK house prices rise for first time in over a year, lender Nationwide says Read More »
LONDON (Reuters) – Veteran left-wing political maverick George Galloway won a vote to become the new lawmaker for the English town of Rochdale on Friday after a chaotic campaign which saw the main opposition Labour Party withdraw support from its candidate. Galloway, representing the Workers Party of Britain, won 12,335 votes. (Reporting by Elizabeth Piper; …
British left-winger Galloway wins election in northern English town Read More »
By Michael Holden LONDON (Reuters) -A public inquiry into a British police officer whose rape and murder of a woman horrified the nation concluded on Thursday that without a sweeping overhaul of failed vetting procedures, there was nothing to stop another similar case arising. Wayne Couzens, 51, whose job was to guard diplomatic premises in …
Serial failings allowed UK police officer to commit rape and murder, inquiry concludes Read More »
By Sarah Young and Sachin Ravikumar LONDON (Reuters) – Britain almost doubled the number of visas given to foreign health and care workers last year, government data showed, adding to pressure on Prime Minister Rishi Sunak over immigration ahead of an election expected later this year. Trailing the opposition Labour party in the polls, Sunak …
UK almost doubled health and care worker visas last year Read More »
By Sam Tobin and Kirstin Ridley LONDON (Reuters) – Barclays’ former CEO John Varley should be forced to give evidence at the British bank’s appeal against a 50 million pound ($63 million) fine over undisclosed fees to Qatari entities, lawyers for Britain’s financial watchdog said on Thursday. In the latest courtroom battle focusing on how …
UK’s FCA demands ex-Barclays CEO gives evidence in appeal over Qatar fees fine Read More »
By Michael Holden LONDON (Reuters) -Prince William said he was extremely concerned about soaring antisemitism in Britain during a visit to a London synagogue on Thursday as he returned to public duties two days after mysteriously pulling out of a high-profile royal event. A week after the heir-to-the-throne called for an end to the Israel-Hamas …
Prince William voices concern at UK’s soaring antisemitism Read More »
By David Milliken and Andy Bruce LONDON (Reuters) -Britain chose Clare Lombardelli, the Organisation for Economic Co-operation and Development’s chief economist, to serve as a Bank of England deputy governor, giving the central bank’s interest rate-setting panel a female majority for the first time. Lombardelli will start a five-year term at the BoE on July 1, succeeding Ben …
Next Bank of England deputy governor named as OECD’s Lombardelli Read More »
By Sinead Cruise and Huw Jones LONDON (Reuters) -Britain’s Financial Conduct Authority confirmed on Thursday that it had ruled out “significant interventions” in the market for stock and bond prices, saying that stopping banks and asset managers overpaying for data “could take years”. The regulator examined competition in the markets for credit ratings data from …
Britain’s FCA rules out major intervention in financial data market Read More »
