LONDON (Reuters) – Britain’s competition regulator plans to make big tech companies give their rivals greater access to data and limit them from promoting their own products under new powers it is due to receive from the government, it said on Thursday. The Competition and Markets Authority (CMA) has bolstered its oversight of Big Tech …
UK to make Big Tech give rivals access to data under new plans Read More »
By James Davey and Paul Sandle LONDON (Reuters) – Britons splashed out on premium and party food at Tesco and Marks & Spencer over Christmas, prioritising treats at home over eating out, and favouring the biggest retailers for their festive spending in still tough economic conditions. Wider industry data had showed lacklustre sales over Christmas, …
Partying Britons boost Tesco and M&S at Christmas but cautious for new year Read More »
(Reuters) -Former England manager Sven-Goran Eriksson has said he has been diagnosed with cancer and has a year to live in a “best-case scenario”. The 75-year-old led England through the World Cup finals in 2002 and 2006, losing in the quarter-finals on both occasions. In February last year, Eriksson stepped down from his role at …
Soccer-Ex-England manager Eriksson reveals cancer battle Read More »
LONDON (Reuters) – British actor Stephen Fry teamed up with animal welfare campaigners on Wednesday to demand that soldiers of the King’s Guard stop using real fur in their famous tall bearskin caps. The scarlet-clad soldiers wear the foot-high bear pelt headwear, known as a busby, for ceremonial events and when they fill sentry posts …
Actor Stephen Fry takes aim at royal guards to ban the use of bear fur caps Read More »
LONDON (Reuters) -Britain’s Treasury department on Thursday set out proposals to help manage the failure of small banks, which it said would lead to some costs being met by industry rather than the taxpayer. “The government believes this targeted enhancement would give the Bank of England greater flexibility to manage the failure of small banks …
UK sets out proposals on managing failure of financial firms Read More »
(Reuters) – British housebuilder Taylor Wimpey said on Thursday that the housing market remained uncertain in the near term amid an “extremely challenging” planning approval environment, as the industry battles broader economic and affordability concerns. A reduction in home-loan costs will provide some relief for the British housing sector after months of sluggish demand and …
UK’s Taylor Wimpey warns of tough near-term housing market Read More »
LONDON (Reuters) – Britain’s Financial Conduct Authority said on Thursday it would kickstart a study of the motor finance industry, amid rising tensions between consumers and lenders on discretionary commission arrangements. In 2021, the watchdog banned incentives for brokers to increase the interest rate that a customer pays for their motor finance. But many customers …
UK’s FCA probes possible motor finance misconduct Read More »
LONDON (Reuters) – Britain’s Eton College, the alma mater for many of the country’s elite including King Charles’ sons, said on Wednesday it had been forced to delay the start of term because of a risk of flooded sewers. The around 1,350 pupils at the country’s most exclusive boarding school, located by the River Thames …
By Carolyn Cohn and Simon Jessop LONDON (Reuters) -Storm Henk, which battered Britain last week, caused around 150 million pounds ($190 million) in insured losses and damaged around 2,000 properties, consultants PwC said on Wednesday. Heavy rain caused major rivers to burst their banks and the government issued more than 300 flood warnings, only weeks …
Storm Henk causes around 150 million pounds in UK insured losses Read More »
By Sachin Ravikumar LONDON (Reuters) – One of Britain’s biggest miscarriages of justice, the wrongful conviction of hundreds of Post Office workersdue to faulty software, has exploded into the public domain following a TV drama, triggering demands for justice. In a more than 20-year scandal, some postal workers were sent to prison and others lost …
Explainer-What is Britain’s Post Office scandal? Read More »
