Reuters UK Domestic

By Andrew MacAskill LONDON (Reuters) -Britain’s police and crime minister had her bag stolen at a conference for senior and midranking police officers where she spoke about the growing problem of theft and shoplifting, a government official said on Thursday. The incident occurred when Diana Johnson attended the Police Superintendents’ Association conference in central England …

Britain’s crime minister has bag stolen at police conference Read More »

By Sinead Cruise and Lawrence White LONDON (Reuters) – Revised UK bank capital rules have thrown a lifeline to smaller lenders struggling to poach market share from Britain’s biggest banks, boosting their chances of offering more competitive rates in the 1.7 trillion pound ($2.22 trillion) mortgage market. The Bank of England said on Thursday it …

Analysis-Britain’s challenger banks boosted by capital rules revamp Read More »

By Ron Bousso and Robert Harvey LONDON (Reuters) -Grangemouth, Scotland’s only oil refinery, is to close in 2025 with the loss of 400 jobs, operator Petroineos said on Thursday, as part of plans to turn the 100-year old plant into a fuels import terminal. Petroineos said last November it was preparing to shut Grangemouth, Britain’s …

Scotland’s only oil refinery to close next year, 400 jobs to go Read More »

By Michael Holden LONDON (Reuters) – Britain’s Prince Harry will turn 40 in California on Sunday, thousands of miles away from his royal roots, with no sign that distance is dimming interest in King Charles’ younger son. With his Netflix documentaries, his charity work, his legal battles with the British tabloid press and his rift …

Prince Harry turns 40 on Sunday with eyes focused on his future Read More »

LONDON (Reuters) – British health and beauty retailer Boots has promoted Anthony Hemmerdinger to the managing director role, succeeding Seb James on Nov. 4, it said on Thursday. Boots UK, owned by U.S. listed Walgreens Boots Alliance, is one of Britain’s biggest retailers, trading from about 1,900 stores and employing 52,000. Hemmerdinger, a former Asda …

UK’s Boots names Anthony Hemmerdinger as new boss Read More »

By Sinead Cruise LONDON (Reuters) – The Bank of England aims to roll out revised new rules on how much capital UK banks must set aside to cope with future crises, as it juggles efforts to shock-proof lenders while supporting growth and without hurting their global commercial interests. In a speech published on Thursday, the …

Bank of England eyes growth with lighter bank capital reforms for UK lenders Read More »

By James Davey LONDON (Reuters) – British retailer the John Lewis Partnership reported a 91% reduction in first half losses and said it was on track to deliver “significantly higher” full-year profit as its turnaround plan gathers pace. Former Tesco executive Jason Tarry is set to succeed Sharon White as chairman of the UK’s largest …

UK’s John Lewis says turnaround plan is working Read More »

LONDON (Reuters) – British property surveyors expect sales to continue to grow in the coming months after a gauge of house prices turned positive for the first time in nearly two years, though concerns remained about affordability despite easing borrowing costs. The Royal Institution of Chartered Surveyors said on Thursday that its main house price …

UK housing market recovered further in August, RICS survey shows Read More »