By Andrew MacAskill LONDON (Reuters) – Britain on Tuesday said it will stop using 50 of the hotels in which it houses asylum seekers and instead rely on cheaper forms of accommodation as part of plans to deter people arriving on the south coast of England in small boats. Prime Minister Rishi Sunak has made …
UK to stop housing asylum seekers in 50 hotels by early next year Read More »
(Reuters) -England test captain Ben Stokes has been handed a one-year central contract, the England and Wales Cricket Board (ECB) said on Tuesday as it revealed a new multi-year system. British media reported that Stokes, who earlier this year said it was understandable to see players refusing contracts with England in favour of playing in …
Cricket-Stokes gets one-year deal in England’s multi-year central contracts Read More »
By Sam Tobin LONDON (Reuters) – A British-born woman who went to Syria as a schoolgirl to join Islamic State on Tuesday mounted her latest appeal against the removal of her British citizenship, arguing Britain failed to properly consider whether she was a victim of trafficking. The British government took away Shamima Begum’s citizenship on …
British-born woman who joined Islamic state revives appeal over citizenship removal Read More »
By Lawrence White and Iain Withers LONDON (Reuters) – Britain’s Barclays will embark on another restructuring round in the coming months to mitigate the effects of margin pressure from competition in the savings market and another lacklustre performance from its investment bank. Shares in Barclays fell by as much as 8% in early trading and …
Barclays signals major cost cuts as margin pressure mounts Read More »
By Amanda Cooper LONDON (Reuters) – The pound edged up against the euro on Tuesday, shaking off data that showed the UK labour market lost more steam in August and business activity deteriorated this month as an economic survey for the euro zone was even worse. Britain’s unemployment rate held steady at 4.2% under a …
Sterling edges up as grim data not as bad as euro zone survey Read More »
LONDON (Reuters) – British manufacturers reported the biggest monthly fall in orders since January 2021 this month and sentiment has weakened over the quarter as a whole, a survey from the Confederation of British Industry showed on Tuesday. The CBI said its monthly industrial orders balance dropped to -26 in October from -18 in September, …
UK manufacturers report weakest orders since Jan 2021: CBI Read More »
LONDON (Reuters) -At least 10 British nationals have been killed in the conflict between Israel and Hamas and a further six remain missing, junior British finance minister Victoria Atkins told Times Radio on Tuesday. In a separate interview, Atkins said the government believed those six Britons were being held hostage. “They are our absolute priority,” …
At least 10 Britons killed in Israel-Hamas conflict -UK minister Read More »
(Reuters) -Britain’s Bunzl, which sells everyday items from food packaging to latex gloves, on Tuesday warned it expected a drop in full-year revenue as price inflation eased and demand for COVID-related products declined. Bunzl had been able to lift its prices in response to the higher cost of raw materials like plastic as inflation surged …
UK’s Bunzl warns on revenue as price inflation eases, demand wanes Read More »
By Andy Bruce and William Schomberg LONDON (Reuters) -Britain’s labour market lost a bit more of its inflationary heat in the three months to August, data from the Office for National Statistics (ONS) showed on Tuesday, potentially helping the Bank of England to keep interest rates on hold next week. While the unemployment rate held …
UK labour market loses more steam as BoE mulls rates stance Read More »
By Jonathan Cable LONDON (Reuters) – The Bank of England is likely done with policy tightening and will leave Bank Rate at 5.25% on Nov. 2, according to the vast majority of economists polled by Reuters who did however caution the chance of another increase this year was high. Although inflation unexpectedly held steady at …
Bank of England rate has peaked, to stay at 5.25% through Q2 – Reuters poll Read More »
