Reuters UK Domestic

LONDON (Reuters) – Labour’s lead over Britain’s Conservatives has fallen 7 percentage points to its lowest since June 2023, a Savanta poll showed on Wednesday, after the opposition party scrapped a green spending target and struggled with anti-Semitism allegations. Polls over the past year have consistently shown Labour on course for victory in this year’s …

UK Labour Party’s lead falls to lowest since June 2023 – Savanta poll Read More »

By Naomi Rovnick LONDON (Reuters) – Britain’s economy might well have fallen into recession late last year, money has exited UK stocks and fears about unsustainable borrowing that have resurfaced ahead of a March 6 budget may stick until an election expected later this year. But the prospect of a change in government that lifts …

Looming election puts battered British markets back in the spotlight Read More »

By David Lawder WASHINGTON (Reuters) – Shares of British banks are undervalued partly by lingering perceptions that they are still hampered by Brexit and a negative political climate toward the institutions, Britain’s financial services minister said on Tuesday. Economic Secretary to the Treasury Bim Afolami told Reuters in an interview that those perceptions are unfounded …

Brexit, crisis ‘hangover’ keep UK bank shares undervalued, minister says Read More »

LONDON (Reuters) – British Foreign Secretary David Cameron will urge allies to increase defence production to help Ukraine’s war with Russia, his office said on Tuesday ahead of a diplomatic tour to Bulgaria, Poland and Germany. WHY IT IS IMPORTANT Ahead of the two-year anniversary of Ukraine’s conflict with Russia, Kyiv faces ammunition shortages and …

UK to urge allies to boost defence production for Ukraine Read More »

By Sam Tobin LONDON (Reuters) – Britain should allow law enforcement authorities to pay for key evidence to incentivise whistleblowing and speed up white-collar crime probes, the head of the UK’s fraud watchdog said on Tuesday. Nick Ephgrave, the director of the Serious Fraud Office (SFO), said he wanted the agency to deal with cases …

Pay whistleblowers to speed up white-collar probes, UK fraud chief says Read More »

(Please note strong language in paragraph 5) LONDON (Reuters) – Britain’s opposition Labour Party has suspended a candidate for the upcoming general election, Graham Jones, after a recording was published of him making disparaging remarks about Israel. The suspension comes a day after Labour withdrew support for another candidate, Azhar Ali, after he was recorded …

UK Labour Party suspends second election candidate after Israel remarks Read More »

By Suban Abdulla LONDON (Reuters) – Britain’s long-term illness problem is worse than previously thought, aggravating the shortage of workers, adding to risks of higher inflation and making it harder for the government to speed up the slow economy. Official data showed on Tuesday that an estimated 2.8 million people aged 16-64 were neither working …

Rising long-term sickness threatens UK economic recovery prospects Read More »

By Phil Noble MANCHESTER, England (Reuters) – Giraffe Flowers in Manchester, northern England, is preparing for the annual Valentine’s Day rush but florists fear that Brexit trade barriers will increasingly spell higher costs and delays for their business. The company operates two shops in the centre of the northern English city and expects to sell …

Brexit red tape puts Valentine’s Day thorn in UK flower trade Read More »

By James Davey LONDON (Reuters) – Britons may have to brave a shortage of some lines of tea, one of the nation’s favourite drinks, after the supermarket industry warned of a risk to supply from shipping disruptions in the Red Sea. The British Retail Consortium said it had seen “temporary disruption” to some black tea …

Britain’s tea supply facing disruption from Red Sea crisis Read More »