Reuters UK Domestic

UK financial regulator blocks company from approving Binance marketing

By Elizabeth Howcroft and Huw Jones LONDON (Reuters) -Britain’s financial regulator on Tuesday said it was stopping peer-to-peer platform rebuildingsociety.com from approving financial promotions for Binance and other crypto asset firms, days after Binance announced it had partnered with the company. Cryptocurrency exchange Binance, which is unregulated in Britain, in a blog post on Sunday …

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Travis Perkins shares sink as weak housing market prompts profit warning

By Sarah Young LONDON (Reuters) -Travis Perkins, Britain’s biggest supplier of building materials, downgraded its annual profit forecast by as much as 27% on Wednesday, blaming ongoing tough conditions in the new-build housing and renovation markets, hitting its shares. The group said it now expected 2023 adjusted operating profit to be in the range of …

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Luton Airport extends flight suspension after car park fire

LONDON (Reuters) – London Luton Airport said it was suspending all flights until 1400 GMT, three hours later than previously announced, following a fire in one of its multi-storey car parks. “Emergency services remain on the scene following last night’s fire in Terminal Car Park 2,” the airport said in a statement on X, formerly …

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Prince Harry’s lawsuit against News Group tabloids likely to go to trial in 2025 – court

LONDON (Reuters) – Prince Harry’s lawsuit against News Corp’s British tabloids is likely to go to trial in early 2025, the High Court in London heard on Tuesday. Harry, the younger son of King Charles and the late Princess Diana, is suing News Group Newspapers (NGN) over alleged invasions of privacy by its tabloids, the …

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Soccer-Sunak celebrates UK being named as Euro 2028 hosts with Three Lions

By Lori Ewing BURTON-UPON-TRENT (Reuters) – Prime Minister Rishi Sunak celebrated the United Kingdom being named as hosts of the 2028 European Championship with Ireland by visiting England’s footballers at St. George’s Park on Tuesday. Sandwiched between Three Lions captain Harry Kane and manager Gareth Southgate, Sunak posed for photos holding a No. 28 England …

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Factbox-What policies have UK’s Labour Party announced at their conference?

LIVERPOOL, England (Reuters) – Britain’s opposition Labour Party has pledged to increase business investment, overhaul the country’s energy infrastructure and crack down on fraud, fleshing out its policy platform before a national election expected next year. Here are some of the policies announced at their annual conference in Liverpool: INVESTMENT Labour has pledged to raise …

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BP says it remains committed to financial, climate ambitions

By Ron Bousso LONDON (Reuters) -BP said on Tuesday it remained committed to its financial and carbon reduction ambitions, as interim Chief Executive Officer Murray Auchincloss hosted an investor day in Denver. It was Auchincloss’s first major investor event since taking the helm after Bernard Looney abruptly stepped down as CEO last month for failing …

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Patisserie Valerie ex-CFO appears in London court on fraud charges

By Sam Tobin LONDON (Reuters) – Collapsed British bakery chain Patisserie Valerie’s former chief finance officer appeared in a London court on Tuesday on charges of fraudulently inflating the company’s balance sheet and misleading lenders Barclays and HSBC. Christopher Marsh, 49, is accused of defrauding shareholders and creditors by inflating Patisserie Holdings’ cash on its …

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