Reuters UK Domestic

Body of Lynch’s daughter retrieved from Sicily yacht wreck, ending search mission

23 Aug 2024

By Guglielmo Mangiapane and Giselda Vagnoni PORTICELLO, Italy (Reuters) -Italian divers retrieved the body of British tech magnate Mike Lynch’s 18-year-old daughter, Hannah, who was the last person still unaccounted for after the family’s luxury yacht sank this week off Sicily. Seven people, including Lynch himself, died when the 56-metre-long (184-foot) boat, the Bayesian, capsized …

Body of Lynch’s daughter retrieved from Sicily yacht wreck, ending search mission Read More »

BoE’s Bailey sees easing inflation pressures but no victory yet

23 Aug 2024

By William Schomberg and David Milliken LONDON (Reuters) -Bank of England Governor Andrew Bailey said on Friday that he thought longer-term inflation pressures were easing but further interest rate cuts would not be rushed because it was still too soon to be sure inflation was beaten. In a speech he will deliver on Friday at …

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London unveils design of city’s first memorial to victims of transatlantic slavery

23 Aug 2024

By Catarina Demony LONDON (Reuters) – London is set to have its first memorial to victims of transatlantic slavery, with the mayor’s office announcing on Friday the design of a long-awaited monument seen by advocates as a step towards confronting the past and its legacies.  The memorial will be located at West India Quay, in …

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Curb hate speech after riots, UN committee urges Britain

23 Aug 2024

By Emma Farge GENEVA (Reuters) – A U.N. committee urged Britain on Friday to pass measures to curb hate speech and xenophobic rhetoric which it said had played a direct role in fuelling summer riots. Racist unrest involving far-right groups erupted at anti-immigration protests across Britain in August after false information circulated online that the …

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HSBC looks to double UK wealth business as banks target ‘mass affluent’

23 Aug 2024

By Lawrence White and Sinead Cruise LONDON (Reuters) – HSBC aims to double the assets under management in its British wealth business to 100 billion pounds ($131 billion) in the next five years, the division’s head told Reuters, joining rivals in targeting more fee income from the UK’s ‘mass affluent’. The lender aims to become …

HSBC looks to double UK wealth business as banks target ‘mass affluent’ Read More »

Cricket-Smith drives England to 23-run lead over Sri Lanka before bad light stops play

23 Aug 2024

MANCHESTER, England (Reuters) -Jamie Smith’s unbeaten 72 propelled England to a 23-run lead over Sri Lanka on day two of the opening test on Thursday at Old Trafford where only 57 overs were bowled after the first session was washed out and bad light stopped play. Harry Brook’s 56 guided England within reach of Sri …

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Mike Lynch, acquitted in US trial and found dead at sea, was British tech trailblazer

22 Aug 2024

By Paul Sandle LONDON (Reuters) – Mike Lynch, the tech tycoon who died when his luxury yacht sank off Sicily, spent more than a decade building Britain’s biggest software company and almost as long again fighting charges he had inflated its value to secure a multi-billion-pound sale. Lynch’s body was retrieved on Thursday from the …

Mike Lynch, acquitted in US trial and found dead at sea, was British tech trailblazer Read More »

UK competition regulator finds concerns in Lindab’s acquisition of HAS-Vent

22 Aug 2024

(Reuters) – The UK competition regulator said on Thursday its in-depth probe has provisionally found that Lindab’s acquisition of British ventilation firm HAS-Vent could result in higher costs for ventilation systems in some areas. The Competition and Markets Authority (CMA) said its Phase 2 review found competition concerns in the supply of circular ducts and …

UK competition regulator finds concerns in Lindab’s acquisition of HAS-Vent Read More »

FTSE 100 ends flat as lower metal prices offset retail gains

22 Aug 2024

By Khushi Singh and Purvi Agarwal (Reuters) -The UK’s benchmark FTSE 100 ended little changed on Thursday, as lower metal prices weighed on sectoral heavyweights, while investors assessed softer U.S. business activity data ahead of the Jackson Hole economic symposium. The blue chip FTSE 100 was up 0.1%, while the mid-cap FTSE 250 index was …

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New Alzheimer’s drug deemed too costly for UK’s state-run health service

22 Aug 2024

By Maggie Fick (Reuters) -Alzheimer’s patients in Britain’s state-run health service are unlikely to get access to Eisai and Biogen’s new Leqembi drug, after it was approved on Thursday by the country’s regulator but deemed too expensive for wide use. The Medicines and Healthcare products Regulatory Agency (MHRA) said the drug, also known as lecanemab, …

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