Reuters UK Domestic

UK’s Renishaw sees improved H2 trading after interim profit fall

(Reuters) – British engineering company Renishaw said on Tuesday it expects trading conditions to improve in the second half of this financial year after reporting a 23% fall in interim profit, hurt by weakness in the semiconductor equipment business. The company, which makes precision measurement equipment used in products ranging from jet engines to smartphones, …

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UK minister to meet with U.S. lawmakers on restoration of Northern Ireland government

LONDON (Reuters) – Britain’s minister for Northern Ireland, Chris Heaton-Harris, will travel to Washington to discuss the restoration of the province’s devolved government with U.S. lawmakers and market its economic potential, his department said on Tuesday. Northern Ireland, which is part of the United Kingdom and shares a border with Ireland, on Saturday appointed its …

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Virgin Money retains annual margin forecast, sees improvement in mortgages

(Reuters) -British challenger bank Virgin Money UK retained its annual profit margin forecast on Tuesday and said it had seen improvement in the mortgage market activity, with application volumes closer to pre-pandemic levels last month. Balances in mortgage, its biggest business, dropped about 0.7% in the first quarter ended Dec. 31 to 57.11 billion pounds …

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King Charles diagnosed with cancer, will postpone duties and undergo treatment

By Michael Holden and Muvija M LONDON (Reuters) -King Charles has been diagnosed with a form of cancer and will postpone public engagements to undergo treatment, Buckingham Palace said on Monday, but added he remained “wholly positive” about the scare less than 18 months into his reign. Charles, 75, who became king in September 2022 …

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Buckingham Palace statement on King Charles’s cancer diagnosis

LONDON (Reuters) – Britain’s King Charles has been diagnosed with a form of cancer and will postpone public-facing duties, Buckingham Palace said in a statement on Monday. The full text of the statement is below: “During The King’s recent hospital procedure for benign prostate enlargement, a separate issue of concern was noted. Subsequent diagnostic tests …

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