LONDON (Reuters) – An early work by British artist David Hockney, a painting depicting his well-known pool motif and not seen in public for more than 40 years, is headed for auction with an estimate of around $20 million. Hockney, 86, painted “California”, showing two naked figures in an outdoor swimming pool, in 1965 after …
Early David Hockney pool painting ‘California’ headed for auction Read More »
(Reuters) – British airport retailer WH Smith reported an 8% rise in total revenues for the 20 week period to Jan. 20 on Friday, benefiting from resilient travel demand. The upswing in footfall at train stations and in airports has brought brisk business, with Travel UK, the company’s largest division, posting a revenue increase of …
UK retailer WH Smith’s revenue rises on strong travel demand Read More »
By Suban Abdulla LONDON (Reuters) – British consumers are their most confident since January 2022 as lower inflation helped them to feel better about their finances, a survey showed on Friday, welcome news for Prime Minister Rishi Sunak before a national election expected this year. The GfK consumer confidence index rose to -19 in January …
Lower inflation lifts UK consumer sentiment to two-year high – GfK Read More »
By Ludwig Burger FRANKFURT (Reuters) -Eli Lilly said on Thursday it would bring the Mounjaro drug against obesity and diabetes to British patients within weeks after winning clearance for pre-filling it into an injection pen. In a statement, the U.S. drugmaker added the go-ahead from the Medicines & Healthcare products Regulatory Agency (MHRA) would make …
Lilly’s weight-loss drug Mounjaro coming to UK after pen cleared Read More »
By Sachin Ravikumar LONDON (Reuters) -Senior doctors in England have narrowly voted to reject a pay deal which would have ended months of disruptive strike action, their trade union, the British Medical Association (BMA), said on Thursday, in a blow to the government. Strikes by doctors have heaped more pressure on an already overburdened National …
Senior doctors in England reject pay deal in narrow vote Read More »
MADRID (Reuters) – A Spanish judge on Thursday cleared a 19-year-old Briton of all charges in a trial over a Taliban bomb hoax he shared with five friends before boarding a 2022 flight that prompted the scrambling of a fighter jet to escort the plane. Aditya Verma, who was 18 at the time, shared a …
Spanish judge clears British teen of Menorca flight bomb hoax charges Read More »
LONDON (Reuters) – The “special relationship” between Britain and the United States came under pressure this week when a U.S. academic had the cheek to suggest adding salt to tea, sparking a flurry of diplomatic banter. A “cuppa” tea is a national institution in Britain, about as British as the royal family, pubs and fish …
Storm in a teacup: U.S., Britain banter over the perfect ‘cuppa’ Read More »
By Sinead Cruise and Iain Withers LONDON (Reuters) -Britain’s biggest domestic bank Lloyds is cutting around 1,600 roles across its branch network, a spokesperson for the lender said on Thursday, as part of an overhaul to provide more services online. The cuts are part of a renewed push by banks to axe costs as tough …
Exclusive-Lloyds to cut around 1,600 branch jobs in digital switch Read More »
(Reuters) – British online trading platform IG Group said on Thursday that softer market conditions have continued into the third quarter after it reported a 21% drop in half-yearly adjusted pre-tax profit, sending its shares 8% lower. IG Group, which has been cutting costs by laying off staff, reported adjusted profit before tax of 205.7 …
UK’s IG Group shares fall as lower market volatility hits HY profit Read More »
LONDON (Reuters) – British power plant operator Drax plans to establish an independent business focused on becoming the global leader in delivering large-scale and high-integrity carbon removal. The new entity will be launched this year and be operationally separate within the Drax Group and headquartered in Houston in the United States, Drax said. It will …
Power plant operator Drax to launch carbon removal business Read More »
