Reuters UK Domestic Archives - Page 480 of 1020

Britain gives go-ahead for biggest new North Sea oilfield in years

27 Sep 2023 27 Sep 2023

By Sarah Young LONDON (Reuters) -Britain has given the go-ahead for one of its biggest new oil and gas projects in years, Equinor’s North Sea Rosebank field, saying energy security was the priority despite opposition from environmentalists. Wednesday’s announcement comes after Prime Minister Rishi Sunak watered down interim plans for the government’s 2050 net zero …

Britain gives go-ahead for biggest new North Sea oilfield in years Read More »

UK police arrest Sudanese man after death of woman found on French beach

27 Sep 2023 27 Sep 2023

LONDON (Reuters) – British police said they had arrested a Sudanese man on Wednesday after the body of a woman, suspected of having tried to cross the Channel in a small boat, was found on a French beach. The woman’s body was discovered on Tuesday on a beach near the French town of Calais, from …

UK police arrest Sudanese man after death of woman found on French beach Read More »

UK’s Morrisons keeps guidance as quarterly sales rise

27 Sep 2023 27 Sep 2023

LONDON (Reuters) – British supermarket group Morrisons on Wednesday kept its earnings guidance for the full 2022/23 year as it reported a 2.9% rise in third quarter underlying sales. Morrisons, owned since 2021 by U.S. private equity firm Clayton, Dubilier & Rice, said total sales, excluding fuel, rose 3.1% to 3.8 billion pounds ($4.6 billion) …

UK’s Morrisons keeps guidance as quarterly sales rise Read More »

UK supermarket Morrisons names former Carrefour France boss as new CEO

27 Sep 2023 27 Sep 2023

By James Davey LONDON (Reuters) -British supermarket group Morrisons has named Rami Baitiéh, formerly the boss of Carrefour France, as its new chief executive, succeeding industry veteran David Potts, who is stepping down after nine years in the job. Baitiéh will take up the role in November and work with Potts during a handover period, …

UK supermarket Morrisons names former Carrefour France boss as new CEO Read More »

Bank of England delays final Basel bank capital rules to July 2025

27 Sep 2023 27 Sep 2023

By Huw Jones LONDON (Reuters) -The Bank of England on Wednesday said it would delay by six months to July 2025 its roll out of the final leg of international bank capital rules that began after the global financial crisis over a decade ago. The BoE’s Prudential Regulation Authority arm had indicated along with the …

Bank of England delays final Basel bank capital rules to July 2025 Read More »

Britain’s first supervised drug-injection site approved

27 Sep 2023 27 Sep 2023

By Andrew MacAskill LONDON (Reuters) -Britain’s first official supervised drug consumption room was approved on Wednesday, seeking to reduce infectious diseases and overdoses in Scotland which suffers from the highest level of drug-related deaths in Europe. Following similar projects in Europe, Canada and Australia, Glasgow City Council, which runs the largest city in Scotland, approved …

Britain’s first supervised drug-injection site approved Read More »

Sterling hits fresh six-month low against dollar as BoE seen done with hikes

27 Sep 2023 27 Sep 2023

By Joice Alves LONDON (Reuters) – Sterling fell to a fresh six-month low against a strengthening dollar on Wednesday as markets are pricing in that the Bank of England (BoE) is done hiking interest rates as the economy deteriorated, while British inflation subsided. Sterling is set for the biggest monthly drop since August 2022, down …

Sterling hits fresh six-month low against dollar as BoE seen done with hikes Read More »

Russian tycoon Magomedov launches $14 billion lawsuit in UK over port holdings

27 Sep 2023 27 Sep 2023

LONDON (Reuters) – Russian tycoon Ziyavudin Magomedov, jailed at home in Russia, has launched a London lawsuit seeking nearly $14 billion over his holdings in valuable port operators, which he says were seized as part of a state-backed conspiracy. The businessman filed the lawsuit at London’s High Court on July 20 against several defendants, including …

Russian tycoon Magomedov launches $14 billion lawsuit in UK over port holdings Read More »

‘Trips of a lifetime’ steer holiday group Saga’s profit view

27 Sep 2023 27 Sep 2023

By Eva Mathews (Reuters) -Holiday group Saga’s rosy revenue and profit forecast on Wednesday underscored resilient travel demand from retired and wealthy Britons less impacted by the cost-of-living crisis, its CEO said. The London-listed company, which caters to over 50-year-olds, forecast double-digit growth in annual revenue and said underlying profits would beat market estimates. Saga …

‘Trips of a lifetime’ steer holiday group Saga’s profit view Read More »

Please return if found: British Museum seeks help to recover missing treasures

26 Sep 2023 26 Sep 2023

LONDON (Reuters) – The British Museum launched a public hotline on Tuesday asking for help to locate some 2,000 missing artefacts, revealing they were mostly ancient Greek and Roman gems and jewellery. The museum said last month it had sacked a staff member over stolen, missing or damaged items in a crisis that highlighted internal …

Please return if found: British Museum seeks help to recover missing treasures Read More »

﻿﻿Reuters UK Domestic

Reuters UK Domestic