Reuters UK Domestic

European shares rise ahead of Fed; UK’s FTSE 100 outperforms

By Bansari Mayur Kamdar (Reuters) – European shares rose on Wednesday ahead of the U.S. Federal Reserve’s policy decision, with British stocks outpacing regional peers as investors reeled in Bank of England rate hike bets on cooling UK inflation data. The pan-European STOXX 600 index gained 0.4% after two consecutive sessions of losses, as healthcare …

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London stocks climb as surprise inflation dip spurs rate-pause bets

By Siddarth S (Reuters) -UK stocks rose on Wednesday after data showing a surprise fall in inflation in August boosted sentiment and raised hopes that the Bank of England (BoE) was nearing the end of its interest rate hiking cycle. The exporter-heavy FTSE 100 rose 0.6%, by 0820 GMT, while the sterling weakened 0.3% against …

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Britain’s Prince William talks climate change with UN chief

UNITED NATIONS (Reuters) – Britain’s Prince William met with United Nations Secretary-General Antonio Guterres in New York on Monday and discussed “efforts required to accelerate the fight against climate change and protect the environment,” a U.N. spokesperson said. “They also discussed efforts to enhance implementation of the Sustainable Development Goals, as well as financing for …

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Facing ‘torrent of theft’, UK retailers press for police action

By James Davey LONDON (Reuters) – A coalition of British retail industry groups and shopworkers union USDAW has written to police leaders in England and Wales calling on them to back a plan to counter a “torrent of theft”. The British Retail Consortium estimates the cost of theft in the sector has reached 1 billion …

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Analysis-‘Talking shops’ and too little action hamper City of London reboot

By Huw Jones and Sinead Cruise LONDON (Reuters) – When London’s Lord Mayor called recently for the creation of a new council to lead reform of Britain’s flagging financial services sector, a deep sense of deja vu eclipsed the City. For many, the proposal served as a reminder of the scant progress made by a …

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UK’s Online Safety Bill finally passed by parliament

By Paul Sandle LONDON (Reuters) -Britain’s long-awaited Online Safety Bill setting tougher standards for social media platforms such as Facebook, YouTube and TikTok has been agreed by parliament and will soon become law, the government said on Tuesday. Technology Secretary Michelle Donelan said the bill was a “game-changing” piece of legislation. “Today, this government is …

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Soccer-Milan held to 0-0 home draw by Newcastle in Champions League opener

MILAN, Italy (Reuters) -AC Milan were held to a 0-0 draw at San Siro in a hard-fought contest by a Newcastle United side returning to the Champions League after a two-decade absence as the hosts spurned numerous opportunities in the Group F opener on Tuesday. Milan’s Portugal winger Rafael Leao, who has scored in his …

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YouTube cuts off Russell Brand’s ad revenues after sexual assault allegations

LONDON (Reuters) -YouTube said on Tuesday it had blocked Russell Brand from making money from his online channel after the British actor and comedian was accused of a string of sexual assaults. Brand, once one of Britain’s most high-profile comedians and broadcasters, said on Saturday he had never had non-consensual sex. That came as the …

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