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UK’s Hunt to focus on reducing inflation in November budget update – Bloomberg

LONDON (Reuters) – British finance minister Jeremy Hunt will focus his Nov. 22 budget update on reducing inflation and does not expect forecasts to show the government has extra money to spend, he told Bloomberg News in an interview broadcast Monday. “The one thing I can absolutely say is that our focus in the autumn …

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UK and India agree pensions and insurance partnership

LONDON (Reuters) – Britain and India have agreed to launch a partnership to boost cross-market investment by the insurance and pension sectors, Britain’s finance ministry said on Monday during a visit by finance minister Jeremy Hunt to the country. The Treasury said the UK-India Pensions and Insurance Partnership would support the growth of the sector …

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PM Sunak raises concern over interference in UK democracy with China’s Li

By Alistair Smout (Reuters) -Prime Minister Rishi Sunak said he had raised his concern over any Chinese interference in Britain’s parliamentary democracy during a meeting with Chinese Premier Li Qiang at a G20 summit in India, after the reported arrest of two alleged spies. The Sunday Times reported that one of the people arrested on …

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UK foreign minister to warn of Iran threat on visit to Israel

LONDON (Reuters) – British foreign minister James Cleverly will travel to Israel and the Palestinian territories this week, where he will press for renewed dialogue on a two-state solution and commit to tackling threats to regional security, including from Iran. On the visit that begins on Monday, Cleverly will hold talks with Israeli Prime Minister …

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Cycling-Van Aert captures Tour of Britain, Rodriguez wins final stage

(Reuters) -Belgian Wout van Aert raced to victory in the Tour of Britain on Sunday while Spaniard Carlos Rodriguez made a strong charge to win the hilly eighth and final stage in Wales. Van Aert, who had begun the final day with a slender three-second lead after narrowly failing to win Saturday’s seventh stage, led …

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British police charge recaptured terrorism suspect with unlawful escape

LONDON (Reuters) – British police on Sunday charged an ex-soldier suspected of terrorism offences with unlawfully escaping from custody, after he was recaptured following four days on the run, having absconded from a London jail. Daniel Abed Khalife, 21, who worked in the kitchen of Wandsworth prison, slipped out on Monday morning by strapping himself …

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Analysis-Wegovy launch in UK may underline Novo Nordisk’s need to get ahead of Lilly

By Maggie Fick LONDON (Reuters) – Novo Nordisk’s decision to launch its weight-loss drug Wegovy in Britain last week despite severe supply constraints may partly have been motivated by a desire to get ahead of rival Eli Lilly’s own similar drug, industry sources said. They said Novo may also have been responding to concerns voiced …

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