By Sachin Ravikumar LONDON (Reuters) -The British government plans to introduce new legislation to overturn the wrongful convictions of hundreds of Post Office managers in one of the biggest miscarriages of justice in the country’s history, Prime Minister Rishi Sunak said on Wednesday. Between 1999 and 2015, hundreds of self-employed sub-postmasters at branches of the …
LONDON (Reuters) -Paula Vennells, the former chief executive of Britain’s Post Office, said on Tuesday she would hand back a national honour after mounting public anger over the wrongful conviction of postal staff on her watch. The more than 20-year scandal, one of the biggest miscarriages of justice in British history, has received renewed attention …
Ex-boss of UK Post Office returns honour after convictions scandal Read More »
By Elizabeth Howcroft LONDON (Reuters) – Investment in UK start-ups fell to $21.3 billion in 2023, down from $31.3 billion in 2022 and a little over half of the peak fundraising in 2021, as higher interest rates cooled risk appetite, a report by HSBC Innovation Banking and Dealroom showed on Wednesday. New British companies raised …
Venture capital investment in UK firms still below pandemic-era peak Read More »
MIDDLESBROUGH, England (Reuters) -Chelsea suffered a surprise 1-0 loss at second-tier Middlesbrough in the first leg of their League Cup semi-final on Tuesday with Hayden Hackney’s goal giving Mauricio Pochettino’s wasteful side plenty to do in the return. The 21-year-old Hackney’s silky finish from an Isaiah Jones pass stunned the visitors in the 37th minute …
Soccer-Middlesbrough shock Chelsea in League Cup semi-final Read More »
LONDON (Reuters) – From a replica of Queen Elizabeth II’s Coronation gown to a reproduction of the Gold State Coach, costumes, props and sets from the award-winning royal drama “The Crown” will be on show in London this week before going under the hammer at auction. More than 450 items from the Netflix show, which …
‘The Crown’ costumes and props head for auction after royal drama wraps Read More »
LONDON (Reuters) – Britain’s foreign minister David Cameron said on Tuesday he was worried that Israel might have breached international law in Gaza, and that the advice he had received so far was that Israel was compliant but there were questions to answer. Asked during a question-and-answer session with lawmakers if Israel could be vulnerable …
UK’s Cameron says he’s worried Israel may have breached international law in Gaza Read More »
(Reuters) – Shares in Britain’s Oxford Nanopore dropped nearly 12% on Tuesday, after the sensing technology company issued a revenue warning, citing a slowdown in China and the Middle East, along with staggered purchases from large clients. The company, which specialises in technology used to comprehend the biology of humans, plants, animals, bacteria and diseases …
Britain’s Oxford Nanopore’s shares sink after revenue warning Read More »
LONDON (Reuters) -Workers at Amazon’s new distribution centre in Birmingham, England have voted to join ongoing strike action at the company over pay and working conditions, the GMB trade union said on Tuesday. Around 100 workers at the warehouse will take strike action on Jan. 25, said GMB, which has not been formally recognised by …
Amazon staff at new UK warehouse to strike on Jan. 25 Read More »
By Samuel Indyk LONDON (Reuters) – The British pound was softer against the dollar on Tuesday but wasn’t far from a five-month high hit late last year on expectations that the Bank of England would cut interest rates later than the Federal Reserve. The pound was last down 0.25% against the dollar at $1.2718. It …
Sterling slips but remains close to 5-month high Read More »
By David Milliken LONDON (Reuters) – British retailers reported lacklustre sales around Christmas, according to industry data released on Tuesday which may add to concerns that the economy has tipped into a mild recession, less than a year before a likely national election. The British Retail Consortium (BRC), a trade body for supermarkets and other …
UK retailers report subdued Christmas spending: BRC Read More »
