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UK and EU to share intelligence on gangs trafficking migrants in new deal

LONDON (Reuters) – Britain will gain access to the EU’s intelligence on criminal gangs involved in human trafficking as part of a deal with the bloc’s border protection agency, Frontex, in another sign of closer cooperation between the two sides after Brexit. The deal between Britain and the European Union will allow both sides to …

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Ignore lack of listings ‘noise’ and focus on asset management, says London’s Lord Mayor

By Huw Jones LONDON (Reuters) – Britain should focus on growing its asset management industry and ignore what is “mostly noise” over a lack of new company listings, the ceremonial head of London’s City financial district said on Thursday. Doubts about London’s future as a global financial centre surfaced after Britain left the European Union …

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UK’s medical regulator says sorry for striking off gay doctors before 1966

LONDON (Reuters) – Britain’s medical regulator on Thursday apologised for its past disciplinary action against gay doctors, some of whom had their careers ended by convictions based on now-repealed homophobic laws. The General Medical Council said it had considered cases against around 40 practitioners and said at least eight were struck off the medical register …

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London Stock Exchange Group platforms suffer brief outages

By Nimesh Vora and Rae Wee MUMBAI/SINGAPORE (Reuters) -Various London Stock Exchange Group (LSEG) news and currency trading platforms around the world suffered brief outages as European markets opened on Thursday. LSEG’s Eikon and Workspace market data platforms and its interbank foreign exchange matching systems FXT and FXall all stopped functioning, traders in India and …

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UK, learning lessons from Ukraine, to spend $5.7 billion on military drones

LONDON (Reuters) – Britain will spend 4.5 billion pounds ($5.7 billion) to provide its armed forces with drones over the next decade after the Ukraine war showed the importance of uncrewed systems in conflict, the government said on Thursday. Drone warfare has opened up as a key battlefront two years into Russia’s war with Ukraine …

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Putin ally hails Russian exit from 1956 fishing deal with Britain, London shrugs

By Guy Faulconbridge and Muvija M MOSCOW/LONDON (Reuters) -A top ally of President Vladimir Putin on Thursday hailed Russia’s exit from a 1956 fishing deal struck with Britain, saying it showed how Moscow could retaliate against Western sanctions, but London said the move would have no impact. Vyacheslav Volodin, speaker of the State Duma lower …

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UK economy puts recession behind it but price pressures rise, PMI survey shows

By William Schomberg LONDON (Reuters) -Britain’s economy kept up its early 2024 momentum with a survey showing strong growth for services firms and business optimism at a two-year high, but inflation pressures are likely to keep the Bank of England wary about cutting borrowing costs. Adding to signs that Britain’s shallow recession of last year …

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UK parliament descends into chaos over Gaza ceasefire vote

By Andrew MacAskill and Kylie MacLellan LONDON (Reuters) -Dozens of lawmakers stormed out of Britain’s parliament on Wednesday with tempers flaring as the three biggest political parties sought to outmanoeuvre each other over a vote on a ceasefire in Gaza. The uproar followed a decision by the speaker to ignore precedent and allow a vote …

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Stellantis to start electric van production at UK Luton plant in 2025

By Nick Carey LONDON (Reuters) – Stellantis said on Thursday it will launch production of medium-sized electric vans in 2025 at its Luton plant in England, providing some long-term certainty for a factory that has been producing vans for 92 years. The world’s fourth-largest automaker by sales said starting in the spring next year Luton …

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