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Crossbow man detained for nine years over treason threat to kill Queen Elizabeth

By Sam Tobin LONDON (Reuters) – A man who was arrested with a loaded crossbow at Windsor Castle saying he wanted to kill Queen Elizabeth was detained for nine years on Thursday after admitting an offence under the Treason Act and making threats against the late monarch. Jaswant Singh Chail, 21, said “I am here …

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BoE’s Broadbent: Open question whether rates increase again

By Andy Bruce LONDON (Reuters) – Bank of England Deputy Governor Ben Broadbent said on Thursday that it was an open question whether interest rates increase further as policymakers weigh the effects of past tightening on the economy. A narrow majority of the BoE’s Monetary Policy Committee, including Broadbent, voted last month to hold interest …

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Imperial Brands sticks by forecast, announces $1.3 billion share buyback

(Reuters) -Imperial Brands said on Thursday trading for the year was in line with its expectations and reaffirmed its forecast, on the back of sustained demand, higher prices and strong adoption of tobacco alternatives such as e-cigarettes. “This (guidance) is particularly encouraging given the inclusion of the now suspended Russian operations in last year’s comparators,” …

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UK business downturn eases after inflation data, BoE pause – PMI

LONDON (Reuters) – British services companies suffered a less severe downturn in September than first feared, reflecting a surprise fall in inflation and the Bank of England’s decision to leave interest rates on hold, a business survey showed on Wednesday. The final reading of S&P Global UK Services Purchasing Managers’ Index (PMI) fell in September …

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UK employers face holiday pay claims after top court ruling – lawyers

LONDON (Reuters) – Thousands of British employers could face compensation claims for underpaid holiday pay after a landmark ruling by the United Kingdom’s Supreme Court, lawyers said on Wednesday. The decision that over 3,700 Police Service of Northern Ireland (PSNI) employees are owed money for underpayments going back to 1998 “has the potential to cost …

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UK’s GB News sacks activist Laurence Fox over sexist comments

LONDON (Reuters) – Britain’s GB News channel sacked actor-turned-political activist Laurence Fox on Wednesday after it said comments he made about a female journalist on air were “completely unacceptable”. The 45-year-old member of Britain’s Fox acting dynasty was a guest on presenter Dan Wootton’s evening show last month when he made demeaning sexual remarks about …

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UK mid-caps hit near 1-year low, oil majors drag FTSE 100 down

By Khushi Singh and Bansari Mayur Kamdar (Reuters) -Britain’s main stock indexes fell on Wednesday with mid-cap stocks nearing one-year lows as Spirent Communications sank after a profit warning, while weak energy and mining shares dragged down the commodity-heavy FTSE 100 for the third straight day. The benchmark FTSE 100 index shed 0.8% and the …

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Analysis-Cut to UK high-speed rail risks leaving economy in slow lane

By William Schomberg LONDON (Reuters) – The downsizing of Britain’s high-speed railway has turned a sharp spotlight on the long delays and high costs that typically beset major infrastructure investment projects in the country, and act as a drag on its slow-moving economy. High Speed 2 (HS2) was hailed by a string of past prime …

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‘Tough decisions’, UK’s Sunak cancels part of rail project

By Elizabeth Piper, Andrew MacAskill and Alistair Smout MANCHESTER, England (Reuters) -British Prime Minister Rishi Sunak cancelled part of a high-speed rail project on Wednesday, ending weeks of uncertainty and provoking anger in his Conservative Party as he sought to reinvent his premiership as one of tough decisions and action. With the governing Conservatives badly …

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