Reuters UK Domestic

LONDON (Reuters) – Britain’s trade minister Kemi Badenoch will meet her Turkish counterpart Omer Bolat during a trip to Istanbul on Friday to discuss closer ties, ahead of the expected launch of negotiations on a new free trade deal later this year. Both Britain and Turkey have agreed there is room to broaden the scope …

British minister heads to Turkey ahead of start of trade talks Read More »

By Fatos Bytyci PRISTINA (Reuters) – Attacks on cargo vessels in Red Sea shipping lanes have to stop otherwise international action will be taken, British Foreign Secretary David Cameron said on Thursday. Recent attacks by Yemen’s Iran-backed Houthis have drawn international condemnation, with Britain, the United States and others issuing a joint statement on Wednesday …

UK foreign minister Cameron: Red Sea attacks must stop Read More »

By Muvija M and Elizabeth Piper LONDON (Reuters) -Prime Minister Rishi Sunak fired the starting gun on Britain’s next election on Thursday, saying his “working assumption” was it would take place in the second half of the year, all but ruling out an earlier vote opposition parties had called for. With his governing Conservatives heavily …

‘Second half of the year’, UK PM fires starting gun on election Read More »

LONDON (Reuters) -British supermarket group Sainsbury’s said on Thursday it would invest 200 million pounds ($254 million) on raising the pay of 120,000 workers by more than 9% to a level above the new rate of the government-mandated national minimum wage. Sainsbury’s, one of Britain’s biggest private sector employers, said that from March it would …

UK’S Sainsbury’s to spend 200 million stg on 9% rise in workers pay Read More »

By Elizabeth Piper LONDON (Reuters) – Labour leader Keir Starmer appealed to British voters on Thursday to cast off their anger with politics and oust the governing Conservatives at an election this year, replacing a “miserabilist Tory project” with one offering hope. Starmer, whose party holds a hefty double-digit lead in opinion polls, used a …

In election year, Labour’s Starmer appeals to voters with message of hope Read More »

By Joice Alves LONDON (Reuters) – Sterling surged on Thursday after data showed British borrowers increased demand for loans, while a separate business survey showed a more resilient than feared economic picture. Bank of England (BoE) data showed on Thursday net borrowing by British consumers was the highest in nearly seven years in November and …

Sterling surges on better-than-expected PMI, consumer credit Read More »

By William Schomberg LONDON (Reuters) -Britain’s economy ended 2023 on a stronger footing than previously thought, according to a survey of businesses, amid other signs that the Bank of England’s high interest rate campaign might not trigger a recession. With Prime Minister Rishi Sunak hoping for better economic news before an election expected later this …

Sluggish UK economy gathers a bit of pace at the end of 2023 Read More »

LONDON (Reuters) – Net borrowing by British consumers was the highest in nearly seven years in November and lenders approved the most mortgages since June, according to Bank of England data that adds to signs that households are mostly coping with high interest rates. Consumer borrowing grew by a net 2.0 billion pounds ($2.5 billion), …

UK borrowers increase demand for loans despite rate hikes Read More »

By Paul Sandle LONDON (Reuters) – Elvis Presley fans who missed out on seeing their hero when he was alive will be able to catch a glimpse of the King of Rock ‘n’ Roll perform later this year, thanks to virtual reality. Elvis Evolution will use AI and holographic projection, augmented reality and live theatre …

AI Elvis to make virtual reality comeback in London show Read More »