Reuters UK Domestic

LONDON (Reuters) -Britain’s King Charles will attend hospital next week for treatment for an enlarged prostate although the condition is not serious, Buckingham Palace said on Wednesday. “In common with thousands of men each year, the King has sought treatment for an enlarged prostate,” the palace said in a statement. “His Majesty’s condition is benign …

UK’s King Charles to have treatment for enlarged prostate – Buckingham Palace Read More »

LONDON (Reuters) – Wage growth in Britain remained much faster than in the United States and the euro zone at the end of 2023, according to data published by jobs website Indeed that underscores the Bank of England’s worries about inflation pressures in the economy. Wages rose by 6.6% in the last three months of …

UK saw strong wage growth in late 2023, jobs site Indeed says Read More »

LONDON (Reuters) – Investors pared back expectations for Bank of England interest rate cuts over the coming year after data on Wednesday showed an unexpected rise in Britain’s rate of consumer price inflation. Interest rate swaps showed 15 basis points of BoE rate cuts priced in by May in early trade on Wednesday, compared with …

Investors trim BoE rate cut expectations after inflation rises Read More »

LONDON (Reuters) -The pound rose on Wednesday after data showed Britain’s annual rate of consumer inflation increased in December for the first time in 10 months and came in higher than expected, challenging expectations that Bank of England rate cuts are near. Sterling was last up 0.1% at $1.2650, having been down 0.19% before the …

Pound rises after British inflation climbs for first time in 10 months Read More »

(Reuters) -UK’s Mitchells & Butlers said on Wednesday sales picked up strongly in the festive season and expected annual profit before tax towards the top end of current consensus estimates, as more customers visited its pubs during the Christmas season. Mitchells’ 15-week trading update, including the key Christmas season, comes at a time when British …

UK pub group Mitchells & Butlers upbeat on annual outlook after strong start Read More »

LONDON (Reuters) – British finance minister Jeremy Hunt said on Wednesday that inflation does not fall in a straight line, after data showed the figure rose for the first time in 10 months. “Inflation does not fall in a straight line, but our plan is working and we should stick to it,” Hunt said in …

UK finance minister Hunt says inflation does not fall in a straight line Read More »

By Andrew MacAskill and Elizabeth Piper LONDON (Reuters) -British Prime Minister Rishi Sunak is facing a major rebellion from right-wing politicians in his party on Tuesday over flagship immigration legislation to speed up the deportation of asylum seekers to Rwanda in a critical test of his authority. Two Conservative Party chairmen said they were ready …

British PM Sunak faces major rebellion over Rwanda legislation Read More »

(Reuters) – UK e-commerce firm THG said on Tuesday it has agreed to a major new partnership between Ingenuity, its online platform that serves third-party brands, and UK wellness retailer Holland & Barrett for its automated facilities in the UK. Separately, THG said that its fourth-quarter and full-year performance was in line with its expectations …

UK e-commerce firm THG signs major partnership deal with Holland & Barrett Read More »

By Michael Holden LONDON (Reuters) – The British parliament will hold two days of debate over Prime Minister Rishi Sunak’s bill designed to allow Britain to send asylum seekers who arrive illegally in Britain to Rwanda amid deep divisions in his Conservative Party on the issue. Last November, the UK Supreme Court declared the policy …

EXPLAINER-What is the UK’s Rwanda migrant deportation plan? Read More »