Reuters UK Domestic

(Reuters) – Britain’s Prime Minister Rishi Sunak is considering skipping the annual gathering of world leaders at the United Nations in September, The Telegraph reported on Thursday. Sunak has not confirmed his attendance at the UN General Assembly yet and is choosing to prepare for the annual Conservative Party conference due in early October, the …

Britain’s Sunak considers skipping the UN meeting in September -The Telegraph Read More »

By Huw Jones and Sachin Ravikumar LONDON (Reuters) -British finance minister Jeremy Hunt said on Thursday he had asked the country’s financial services watchdog to urgently investigate terminations of bank accounts and suggested that lenders who have broken the law should be fined. The practice known as “debanking” became a political issue after former Brexit …

UK’s Hunt asks financial watchdog to urgently review ‘debanking’ concerns Read More »

By Amanda Cooper and Yoruk Bahceli LONDON/AMSTERDAM (Reuters) – The Bank of England’s modest rate hike on Thursday soothed politicians’ angst over runaway borrowing costs while its pledge to deliver more if needed signalled to markets that it won’t let up on inflation, but there was little comfort for the pound. After lifting rates by …

Analysis-Bank of England offers ‘something for everyone’, except sterling Read More »

(Reuters) – Arsenal goalkeeper Aaron Ramsdale has said he will no longer remain silent when hearing homophobic comments in dressing rooms or seeing them on social media, adding that he wants football to be a “safe and welcoming place”. In an article published in The Players Tribune on Thursday, Ramsdale said his commitment was driven …

Soccer-Arsenal’s Ramsdale to speak out against homophobic comments Read More »

By David Milliken, Andy Bruce and Suban Abdulla LONDON (Reuters) – The Bank of England raised its key interest rate by a quarter of a percentage point to a 15-year peak of 5.25% on Thursday, its 14th back-to-back increase, and warned that borrowing costs were likely to stay high for some time. While the U.S. …

Bank of England warns rates to stay high as borrowing costs hit 15-year peak Read More »

LONDON (Reuters) – Bank of England Governor Andrew Bailey said on Thursday it was too soon to say that the fight to control inflation was over and that interest rates would stay where they were. “The evidence has gone one way, then gone a bit the other way. So I don’t think it is time …

BoE’s Bailey: Too soon to declare rates have peaked Read More »