Reuters UK Domestic

Love or country: UK families caught up in Sunak’s plan to cut migration

By Suban Abdulla and Natalie Thomas DURSLEY, England (Reuters) – In early December Rebecca Kaya was celebrating after she and her Kurdish husband Baran finally hit their savings goal to qualify for a British visa so the couple could move from Icmeler in Turkey to Britain. A few days later Prime Minister Rishi Sunak hiked …

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UK foreign minister Cameron to visit Jordan, Egypt this week

(Reuters) – British foreign minister David Cameron will travel to Jordan and Egypt this week to push for a sustainable ceasefire and further humanitarian pauses in Gaza, the foreign office said on Wednesday. Cameron, on his second visit to the region, will travel with Britain’s Minister of State for the Middle East Tariq Ahmad and …

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English member of parliament removed, triggering fresh electoral test for Sunak

LONDON (Reuters) – British Prime Minister Rishi Sunak faces another challenging vote to fill a vacant seat in parliament after a lawmaker was removed on Tuesday over claims he bullied an employee and committed sexual misconduct. A parliamentary watchdog found that Peter Bone, who had been a member of parliament for almost two decades, had …

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UK’s FCA will “not take action” over Odey Asset Management after probe -letter

By Nell Mackenzie LONDON (Reuters) – Britain’s Financial Conduct Authority (FCA) will not take action against Odey Asset Management (OAM), the fund manager that closed this year after a string of sexual misconduct allegations by women against its founder Crispin Odey. In an investor letter seen by Reuters on Tuesday, OAM noted the regulator’s decision …

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BoE’s Breeden sees policy staying restrictive for some time

LONDON (Reuters) -Bank of England Deputy Governor Sarah Breeden said on Tuesday she had no pre-determined path for interest rates in mind but that it would be important for policy to stay at restrictive levels to keep inflation pressure in check. In her first speech since joining the Monetary Policy Committee in November, Breeden said …

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UK government offers extra funds to Northern Ireland to break deadlock

BELFAST (Reuters) – The British government on Tuesday offered Northern Ireland political parties additional budget funding if an agreement is reached to re-establish the region’s power-sharing government. Northern Ireland has been without a government for almost two years after the Democratic Unionist Party (DUP) walked out in protest over Britain’s attempts to settle post-Brexit trade …

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Exclusive-BP short-lists three internal candidates for CEO, sources say

By Ron Bousso and Sarah McFarlane LONDON (Reuters) – BP’s board has short-listed interim CEO Murray Auchincloss and two senior female executives as internal candidates to replace Bernard Looney as chief executive, three company and industry sources told Reuters. BP was thrown into turmoil after Looney resigned on Sept. 12 for failing to disclose relationships …

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Princess Diana dress sells for record $1.1 million at auction

LONDON (Reuters) – An evening dress worn by the late Princess Diana has sold for $1.1 million, 11 times its estimate, breaking the record price for one of her gowns going under the hammer, Los Angeles-based Julien’s Auctions said. Diana first wore the black and blue ballerina-length evening dress, by designer Jacques Azagury, in Florence …

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