COPENHAGEN (Reuters) -British hedge fund trader Sanjay Shah will be held in detention in Denmark for at least four weeks following his extradition from the United Arab Emirates, a Danish court ruled on Thursday according to public broadcaster DR. Shah is due to face trial in Denmark early next year on charges related to so-called …
Cum-ex tax fraud suspect Shah detained in Denmark before trial Read More »
By Paul Sandle LONDON (Reuters) -The TV licence that funds Britain’s BBC will rise by 10.50 pounds to 169.50 pounds ($213) in April, less than the increase the broadcaster had expected, and its long-term future will be reviewed, media minister Lucy Frazer said on Thursday. The fee, which is payable by all households who watch …
UK to review BBC funding model as licence fee rises to 169.50 pounds Read More »
LONDON (Reuters) – Child income poverty rates in the United Kingdom were the highest among the world’s richest countries, a report by U.N. children’s agency UNICEF said, ranking bottom of the table for changes in those rates in the past decade. The UNICEF report, published on Wednesday, looked at relatively well-off countries to assess the …
Child poverty levels in the UK worst among world’s richest nations, UNICEF report finds Read More »
By David Milliken LONDON (Reuters) -British house prices rose for a second month in a row in November, figures from major mortgage lender Halifax showed on Thursday, adding to signs that the past year’s fall in house prices is bottoming out. Halifax, part of Lloyds Banking Group, said house prices rose 0.5% in November on …
UK house prices rise again after months of falls: Halifax Read More »
By Shaloo Shrivastava BENGALURU (Reuters) – The Bank of England will keep Bank Rate at 5.25% on December 14 and through the second quarter of 2024, a Reuters poll showed, although a slim majority of participants said risks were tilted towards the first cut coming earlier than expected. British inflation cooled more than expected to …
BoE to stay on hold through Q2 2024 despite cooling inflation- Reuters poll Read More »
LONDON (Reuters) -Britain’s immigration minister Robert Jenrick resigned on Wednesday, interior minister James Cleverly said, after the government published draft emergency legislation aimed at getting its Rwandan migrant deportation scheme up and running. “That has been confirmed,” Cleverly told a lawmaker in parliament who asked about media reports Jenrick had quit. Jenrick, who had been …
UK immigration minister Robert Jenrick has resigned – Cleverly Read More »
By Kate Holton, Natalie Thomas and Hannah McKay SWAFFHAM PRIOR, England (Reuters) – In a quiet field in eastern England a vast heat pump generates enough warmth to supply houses throughout a historic village, a pilot project testing ways to spur renewable energy use in a country that is falling behind its net zero targets. …
Vast village heat pump tests one route to net zero for rural Britain Read More »
By Andrew MacAskill and Muvija M LONDON (Reuters) -British former prime minister Boris Johnson gave his most explicit apology for his handling of the coronavirus crisis on Wednesday, saying his government had been too complacent and “vastly underestimated” the risks posed by the virus. In an appearance before an official inquiry into the UK’s handling …
Former UK PM Boris Johnson says he ‘vastly underestimated’ COVID dangers Read More »
By Shashwat Chauhan and Sruthi Shankar (Reuters) -UK equities rose on Wednesday, tracking gains on Wall Street after labour market data spurred optimism about U.S. interest rate cuts next year, though British American Tobacco (BAT) shares sank as it disclosed a big impairment charge. BAT shares fell 8.4%, its biggest percentage drop in more than …
UK equities follow Wall St higher, BAT sinks on big write-down Read More »
By Michael Holden LONDON (Reuters) – News Corp’s British newspaper group on Tuesday settled a series of claims of phone-hacking brought by celebrities and other individuals, including a “Spice Girl” and a former minister who said he was targeted because he was a political opponent. News Group Newspapers (NGN), the publisher of the Sun daily …
News Corp’s UK papers settle phone-hacking claims with high-profile figures Read More »
