By David Milliken LONDON (Reuters) -British retail sales edged up in July, boosted in part by extra spending due to the men’s Euros soccer championship, official figures showed on Friday, after an unusually cool and wet June had kept shoppers away and weighed on broader economic growth. Retail sales volumes rose 0.5% in July after …
Soccer spending and discounts help boost British retail sales in July Read More »
(Reuters) – UK’s FTSE 100 slipped on Friday, after a five-day rise that paved the way for a strong weekly gain for the benchmark stock index, as abating fears of a likely recession in the United States bolstered investor sentiment. The globally-focussed FTSE 100 was down 0.2% at 0716 GMT. However, it was on track …
London stocks poised for best week since May on improved risk appetite Read More »
By Sarah Mills LONDON (Reuters) -Fans arriving at Taylor Swift’s concert in London on Thursday said solidarity among fellow Swifties was helping to dispel any security concerns they had after her Vienna concerts were cancelled last week. The U.S. singer-songwriter is back in London for five dates before her record-breaking Eras tour returns to North …
Taylor Swift excitement eclipses security fears for London fans Read More »
By David Milliken and Andy Bruce LONDON (Reuters) -Britain’s economy recorded a second quarter of strong growth as it recovered from last year’s shallow recession but it lost momentum as it entered the second half of 2024, suggesting the Bank of England remains on course to cut interest rates again. Gross domestic product grew 0.6% …
UK economy grows strongly in Q2 but slowdown seen ahead Read More »
LONDON (Reuters) – CK Hutchison’s Three UK reported a first-half operating loss of 30 million pounds ($39 million) and continued negative cash flow, which it said showed the need for it to merge with larger rival Vodafone to invest in a better combined network. Britain’s competition regulator is scrutinising the proposed tie up between the …
Hutchison’s Three UK says operating loss shows need for Vodafone merger Read More »
LONDON (Reuters) – The Bank of England allotted a record 34.292 billion pounds ($44.1 billion) in seven-day funds in its weekly short-term repo on Thursday, up from 27.464 billion pounds last week and a previous record of 34.015 billion pounds set on Aug. 1. ($1 = 0.7783 pounds) (Reporting by David Milliken; editing by William …
Bank of England allots record 34.3 billion pounds in short-term repo Read More »
By Paul Sandle and Millie McCaughan LONDON (Reuters) – Taylor Swift will take to the stage in London on Thursday, resuming the world’s biggest ever concert tour amid tightened security after a foiled Islamic State-inspired attack forced the cancellation of her Vienna dates last week. British police have said there is nothing to indicate that …
Taylor Swift set for emotional London return after terror threat Read More »
LONDON (Reuters) – Britain’s aviation regulator has selected six projects, including one by e-commerce giant Amazon, to test the use of drones in deliveries, inspection of infrastructure and emergency services, it said on Thursday. The UK’s Civil Aviation Authority (CAA) had said earlier this year that it wanted to permit more drone flying for such …
Britain to trial use of drones in deliveries, emergency services Read More »
LONDON (Reuters) -Britain’s approval of a new gas-fired power station backed by BP was lawful, London’s High Court ruled on Wednesday, dismissing a legal challenge over the project. Climate campaigner Andrew Boswell had taken legal action over the decision to build the power station with carbon capture and storage in Teesside, northeast England. Net Zero …
UK approval for gas-fired power station was lawful, court rules Read More »
LONDON (Reuters) -Britain’s train drivers union and the government have agreed on a pay proposal that could end a long-running industrial dispute and a series of strikes that have disrupted rail travel over the last two years. The government described the deal as a major breakthrough and said an end to rail strikes was finally …
UK train drivers to vote on pay deal that could end two years of strikes Read More »
