By Amanda Ferguson BELFAST (Reuters) – British officials will resume talks with Northern Irish parties on Monday on how to boost the region’s strained budget, with an acceptable package seen as a prerequisite for the largest pro-British party to consider returning to devolved government. Northern Ireland has been without a government for almost two years …
Northern Irish parties to resume key budget talks next week Read More »
ROME (Reuters) – British Prime Minister Rishi Sunak will attend a political event in Rome on Saturday organised by the right-wing party of Italian Prime Minister Giorgia Meloni, which is also due to host billionaire businessman Elon Musk. Meloni’s office said she would see Sunak late on Saturday morning, the same time that Musk has …
British PM to attend Rome event staged by Italy’s Meloni Read More »
LONDON (Reuters) – Britain has spent more than 2 million pounds ($2.5 million) defending in the courts its contested plans to deport asylum seekers to Rwanda and 22 million pounds on housing migrants on a barge, official figures released on Wednesday showed. The Rwanda scheme, agreed in April 2022 by then-prime minister Boris Johnson, is …
Britain says legal bill for defending Rwanda scheme more than 2 million pounds Read More »
LONDON (Reuters) – The leader of the devolved government in Wales, Mark Drakeford, said on Wednesday he would step down from the role after five years in office, in line with his previously laid out plans. Drakeford has led the Welsh Government, which has responsibility for a limited number of devolved areas including health and …
Welsh leader Mark Drakeford to step down as first minister Read More »
LONDON (Reuters) – British Prime Minister Rishi Sunak is the most unpopular he has been since moving into Downing Street with his net favourability rating slipping by 10 percentage points since late November, a YouGov survey showed on Wednesday. The polling, carried out between Monday evening and Tuesday morning this week, showed that 70% of …
UK Prime Minister Sunak’s favourability hits all-time low – YouGov Read More »
By Sam Tobin LONDON (Reuters) -Britain’s Prince Harry will find out on Friday whether he has won his phone-hacking lawsuit against publisher Mirror Group Newspapers (MGN), a case in which he gave evidence earlier this year, court officials said on Wednesday. The prince – who became the first senior British royal for 130 years to …
Ruling on Prince Harry’s Mirror phone-hacking lawsuit to be given on Friday Read More »
By Amanda Cooper LONDON (Reuters) -The pound was among the worst performing major currencies against the dollar on Wednesday, after data showed the UK economy shrank in October, raising the risk of recession and possibly complicating the Bank of England’s messaging on rates. The Office for National Statistics said UK gross domestic product contracted by …
(Reuters) – Goldman Sachs and J.P.Morgan on Wednesday lowered their forecast for Britain’s annual economic growth to 0.5%, as official data showed that the world’s sixth-largest economy shrank in October. Both lenders had earlier forecast the country’s economy to expand by 0.6% in 2023. UK’s gross domestic product (GDP) fell by 0.3% from September levels, …
Goldman Sachs, J.P.Morgan cut UK’s 2023 growth forecast to 0.5% Read More »
By Andrew MacAskill, Michael Holden and Alistair Smout LONDON (Reuters) – British Prime Minister Rishi Sunak avoided defeat in parliament on Tuesday on an emergency bill to revive his plan to send asylum seekers to Rwanda, seeing off a revolt by dozens of his lawmakers that laid bare his party’s deep divisions. Sunak, who has …
UK’s Sunak sees off revolt to win vote on Rwanda migrant plan Read More »
By Mimosa Spencer and Abigail Summerville PARIS (Reuters) – A winding down of the post-pandemic spending frenzy is hitting European luxury companies from LVMH to Kering, but none more than Farfetch, an e-commerce pioneer. Founded in 2007, Farfetch is one of the few global online retailers of high-end merchandise from a range of labels, such …
Analysis-European luxury labels’ distaste for discounts frustrates Farfetch ambitions Read More »
