Reuters UK Domestic

Cricket-England’s Stokes comes out of ODI retirement ahead of World Cup

(Reuters) – England’s talismanic all-rounder Ben Stokes has reversed his decision to retire from one-day internationals (ODI) and was included in the squad for the upcoming series against New Zealand, the country’s cricket board said on Wednesday. Stokes retired from ODIs last July, two months after being named England’s test captain, and the reversal opens …

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UK’s Marshalls flags tough housing market after HY profit slump

(Reuters) -British landscaping and roofing products supplier Marshalls on Wednesday flagged challenging market conditions in the housing sector spilling into 2024 after posting a 26% drop in half-year profit. The British housing sector is in the middle of a pronounced slowdown as high mortgage rates and wider economic issues drive homebuyers away, forcing builders to …

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UK lenders trial government-backed loans for risky borrowers

By Martin Coulter and Muvija M LONDON (Reuters) – A handful of small UK commercial lenders are offering interest-free loans to high-risk borrowers, as part of a government-backed scheme to support people through the cost of living crisis. Over the course of a two-year pilot, the British government will funnel 45 million pounds ($57.18 million) …

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UK supermarket Asda’s like-for-like sales rise 9.6%

LONDON (Reuters) – British supermarket group Asda reported stronger like-for-like sales in the second quarter, driven by higher demand for cheaper alternatives to branded grocery products amid a cost-of-living crisis, it said on Tuesday. Excluding fuel, like-for-like sales jumped 9.6% in the three months ended June 30, while revenue reached 5.4 billion pounds ($6.87 billion), …

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UK PM Sunak sees “light at the end of the tunnel” on inflation

LONDON (Reuters) – British Prime Minister Rishi Sunak said there was “light at the end of the tunnel” for his government’s plan to halve inflation, adding that progress had been made despite record wage growth reported on Tuesday which could fuel future inflation pressure. “The best way to be able to bring interest rates down …

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UK’s Unite union postpones one of two Gatwick Airport strikes

LONDON (Reuters) – Britain’s Unite trade union said on Tuesday it had postponed one of two strikes due to begin later this week at Gatwick Airport in order to allow passenger assistance staff to vote on what it described as a “greatly improved offer”. Strike action involving ground handling staff at a different company is …

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Global conservation mission sets sail from UK in Darwin’s wake

By Ben Makori LONDON (Reuters) – Almost two centuries after Charles Darwin’s voyage around the world, environmentalists plan to follow in his footsteps by undertaking a two-year journey across four continents to study endemic wildlife and boost conservation. The group will set sail on board a 105-year-old schooner on Tuesday from the southern English port …

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UK basic wage growth hits record, adding to Bank of England’s worries

By William Schomberg and Andy Bruce LONDON (Reuters) -Basic wages in Britain hit a new record growth rate, figures showed on Tuesday, adding to worries for the Bank of England (BoE) about long-term inflation pressures even after 14 back-to-back increases in interest rates. Official data showed some fresh signs of cooling in the jobs market …

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