Reuters UK Domestic

UK’s Hargreaves Lansdown’s new client growth slows

(Reuters) – Hargreaves Lansdown Plc reported 8,000 net new clients for the first quarter on Thursday, which was lower than the previous three-month period, amid flailing investor confidence due to choppy markets. The investment platform had added 13,000 new clients between April and June. The company’s net new business fell to 600 million pounds ($726.7 …

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UK should consider raising BoE inflation target to 3%, think tank says

By David Milliken LONDON (Reuters) – A future British government should consider raising the Bank of England’s inflation target from 2% to 3% to give it more room for manoeuvre during economic downturns and ease the burden on the public finances, a leading think tank said on Thursday. The Resolution Foundation said a raised inflation …

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UK Foreign Office advises against all travel to Lebanon

LONDON (Reuters) -Britain’s Foreign Office said on Wednesday that it was advising its citizens against all travel to Lebanon because of risks associated with the conflict between Israel and the occupied Palestinian territories. It also encouraged British nationals in Lebanon to leave now “while commercial options remain available”. “There are ongoing mortar, artillery exchanges and …

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British Museum to fully digitise collection after ‘inside job’ thefts

By Muvija M LONDON (Reuters) -The British Museum said on Wednesday it planned to digitise its entire collection, citing the need to secure public access to its vast catalogue after it reported in August that 2,000 artefacts had been stolen or were missing. The museum, one of the most visited in the world, has been …

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Britain aims for global leadership role with AI safety summit

By Martin Coulter LONDON (Reuters) – Britain will host the world’s first global artificial intelligence (AI) safety summit next month, aiming to carve out a role following Brexit as an arbiter between the United States, China, and the European Union in a growing tech sector. The Nov. 1-2 summit will focus on the existential threat …

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Explainer-Scotland’s “kilt” bonds – how might the debt plan work?

LONDON (Reuters) – Scotland’s pro-independence government plans to sell bonds in international debt markets for the first time, saying the move would show investors that the country has the credibility among investors to eventually break away from the United Kingdom. The head of the devolved government Humza Yousaf said on Tuesday the first sale of …

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Anglican church calls for ‘restraint’ on placing blame for Gaza hospital attack

LONDON (Reuters) – The spiritual leader of the Anglican church, which runs the hospital in Gaza where a deadly blast killed huge numbers of Palestinians, on Wednesday called for restraint in placing blame for the attack until the facts are clear. “This atrocity violates the sanctity and dignity of human life. It is a violation …

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British foreign minister to travel to Middle East, including Egypt

LONDON (Reuters) -British foreign minister James Cleverly told parliament he would travel to the Middle East on Wednesday, outlining a diplomatic push which a British source said would include a visit to Egypt and possibly Qatar and Turkey. Britain has called for “cool heads” following a blast at a hospital in Gaza that killed huge …

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