Reuters UK Domestic

By Harry Robertson LONDON (Reuters) – Sterling was little changed on Friday, not far off its highest level in five months, after data showed British growth beat expectations in November but remained subdued over the last three months. The pound was last flat at $1.2753, close to the $1.2825 hit at the end of December, …

Sterling holds near 5-month high as UK growth beats expectations Read More »

By Sarah Young and William James LONDON (Reuters) -U.S. and British strikes against Houthi military targets in Yemen were a limited act of self defence and London does not immediately plan any further missions, its junior defence minister said on Friday. The two countries launched strikes from the air and sea against Houthi military targets …

UK says strikes on Houthi military targets were self defence Read More »

By Aby Jose Koilparambil (Reuters) -British home builder Vistry on Friday struck a more optimistic tone than its sector peers, saying the reduction in mortgage rates in recent weeks would underpin demand in 2024. After a tough 2023 as interest rates rose to curb inflation, Britain’s housing market is set for a boost as home …

UK’s Vistry upbeat on 2024 as demand for affordable homes picks up Read More »

(Reuters) – Former Yorkshire player Azeem Rafiq said he has received racist messages on social media following the club’s approval of a loan offer from a consortium headed by ex-chairman Colin Graves. Yorkshire were fined 400,000 pounds ($510,560) and handed a 48-point deduction in the County Championship last year after an investigation into racism allegations …

Cricket-Rafiq says he received racist abuse after Yorkshire approves Graves-led loan offer Read More »

By Sachin Ravikumar LONDON (Reuters) -Britain is expected to join the United States in conducting overnight air strikes on military positions belonging to the Iran-backed Houthis in Yemen, the political editor for the Times newspaper reported on Thursday. The U.S. has not confirmed any intention to launch air strikes and British Prime Minister Rishi Sunak’s …

UK, U.S. expected to launch strikes against Houthis – Times report Read More »

LONDON (Reuters) – The Bank of England may tighten supervision of life insurers’ use of the “funded reinsurance” market, typically alternative asset managers who make riskier investments, as corporate pension providers increasingly rely on this offshore sector. Funded reinsurers help insurers manage the corporate pension assets they take on through so-called bulk annuity transactions. “We …

BoE may tighten up on life insurers’ use of offshore reinsurance Read More »

By Klaus Lauer BERLIN (Reuters) – Ryanair passengers have not shown any concern about flying on Boeing 737 aircraft since the grounding of some 737 MAX jets after a cabin panel blowout on an Alaska Airlines flight, Chief Executive Michael O’Leary said on Thursday. The U.S. Federal Aviation Administration (FAA) grounded 171 MAX 9 planes …

Ryanair passengers have shown no concern over Boeing jets, says CEO Read More »