By Aby Jose Koilparambil and Suban Abdulla (Reuters) -British housebuilder Redrow warned on Wednesday it expected its profit to more than halve in the current financial year after posting a 4% decline in annual earnings amid a sharp slowdown in the sector. The latest warning from a UK housebuilder comes as rising interest rates push …
UK’s Redrow warns of profit slump amid tough housing market Read More »
LONDON (Reuters) – Britain’s domestic intelligence agency, MI5, warned the governing Conservative Party that two potential candidates to become lawmakers could be spies for China, and the party blocked them, the Times newspaper reported on Wednesday. MI5 raised concerns that two candidates in 2021 and 2022 had specific Chinese links and the Conservatives acted upon …
UK’s MI5 warned Conservatives over possible Chinese spy candidates – Times Read More »
By Naomi Rovnick LONDON (Reuters) -Long-term gloom about Britain’s economy appears to be lifting and some big investors reckon the end of extreme pessimism is near, with gains ahead for UK-focused businesses and the more international but long-shunned FTSE 100. After years of outflows and big companies such as materials group CRH moving stock listings …
Investors call ‘peak pessimism’ for beaten-up UK stocks Read More »
LONDON (Reuters) – With displays ranging from tweed suits to an array of little black dresses, a new London exhibition looks at the work of one of fashion’s most famous names – French designer Gabrielle “Coco” Chanel. Opening at the V&A museum on Saturday, “Gabrielle Chanel. Fashion Manifesto” is the first British exhibition dedicated to …
‘Coco’ Chanel’s influential fashion on show at London exhibit Read More »
By Kylie MacLellan and Sachin Ravikumar LONDON (Reuters) -Britain’s government and water regulator may have failed to comply with environmental law over the regulation of untreated sewage releases, the country’s environmental protection watchdog said on Tuesday. The Office for Environmental Protection (OEP) said it believed the Department for Environment, Food and Rural Affairs (Defra), regulator …
UK government may have broken environmental law on sewage overflows -watchdog Read More »
By Mitch Phillips MARSEILLE, France (Reuters) -England flanker Tom Curry has been handed an effective two-game suspension and will miss the Rugby World Cup Pool D matches against Japan and Chile following his red card inside three minutes against Argentina on Saturday. Curry clashed heads with Argentina fullback Juan Cruz Mallia as he attempted to …
Rugby-England’s Curry banned for Japan, Chile games Read More »
LONDON (Reuters) -Britain has reached a preliminary agreement with the European Union to access its border agency Frontex, Bloomberg News reported on Tuesday, adding that Prime Minister Rishi Sunak intended to announce the deal next month. A spokesman for Sunak said negotiations were ongoing and the text of a deal had not yet been agreed. …
UK reaches preliminary deal with EU to access border agency Frontex – Bloomberg Read More »
By David Milliken LONDON (Reuters) – Britain’s labour market has been cooling in recent months, with rising unemployment, less hiring and fewer job vacancies – but wage growth has shown much less sign of following suit. This is a problem for the Bank of England, which has said that slower wage growth is needed for …
LONDON (Reuters) -Britain’s Financial Conduct Authority said its tougher rules on marketing cryptoassets would come into force in early October, but added on Thursday that firms could apply for more time to comply with some elements such as a 24-hour cooling off period. The FCA said in a statement that the new rules apply to …
UK offers flexibility on tougher UK cryptoasset marketing rules Read More »
By Huw Jones and Muvija M LONDON (Reuters) – A “national conversation” is needed to assuage public fears that a digital version of the pound would allow the government to spy on them, Bank of England deputy governor designate Sarah Breeden said on Tuesday. The BoE and Britain’s finance ministry have been consulting on whether …
BoE official says public need reassurance on digital pound and privacy Read More »
