LONDON (Reuters) – British Prime Minister Rishi Sunak will not apologise for supporting new domestic oil and gas exploration, a source at his Downing Street office said after Greenpeace draped his constituency home in black fabrice in protest at the policy. The source said the police were in attendance at the protest but it was …
UK PM Sunak unapologetic for energy policy after protest at his home – source Read More »
(Reuters) – Seven-times Super Bowl champion Tom Brady has become a minority owner in English soccer club Birmingham City and will become the chairman of its new advisory board, the Championship team announced on Thursday. The club said Brady was expected to work with its sports science department as well as the board and the …
Soccer-Tom Brady becomes minority owner of Birmingham City Read More »
LONDON (Reuters) – The first group of British nationals have left Niger on a French flight bound for Paris, Britain’s foreign office said on Wednesday. “A group of British nationals has left Niger on a French flight this evening. We have a team in Paris ready to support them on landing,” a foreign office spokesperson …
UK says first group of British nationals have left Niger on French flight Read More »
LONDON (Reuters) – An American man who allegedly faked his own death but was identified in hospital by his tattoos can be extradited from Scotland to the United States, a court ruled on Wednesday, with the final decision due to be taken by Scottish ministers. Edinburgh Sheriff Court ruled that there was no legal barrier …
Scottish court says man accused of faking death can be extradited to US Read More »
By Huw Jones LONDON (Reuters) – Britain said on Wednesday it would start work on setting up new rules specially designed to prevent a big insurance company collapse from crashing the financial system. Regulators have already introduced rules to deal with ailing banks after global financial crisis more than a decade ago left taxpayers picking …
Britain to create new regime to deal with insurance company failures Read More »
COPENHAGEN (Reuters) – A Briton charged with defrauding Danish tax authorities in a sham trading scheme to make double tax reclaims will remain in custody for another four weeks, a Copenhagen court ruled on Wednesday. Hedge fund trader Anthony Mark Patterson, 52, was extradited from Britain to Denmark in early July and was then remanded …
Briton charged in Danish tax fraud case to remain in custody Read More »
By Yadarisa Shabong (Reuters) – British bank Virgin Money laid out plans on Wednesday for 175 million pound ($223 million) in share buybacks in its 2023 financial year, after reporting margins had broadly held up despite pressure in its mortgage business. Shares in the lender, which serves around six million customers, were up 3% by …
UK lender Virgin Money announces buyback, margins hold up Read More »
By Huw Jones LONDON (Reuters) – Britain’s business ministry said on Wednesday that company disclosures on climate change will be based on internationally-approved standards as it seeks to maintain London’s attractiveness as a global financial centre. Global securities regulators have given their formal backing to the International Sustainability Standards Board (ISSB) standards Britain says it …
UK adopts international climate disclosures to bolster global investor appeal Read More »
By Suban Abdulla and Aby Jose Koilparambil LONDON (Reuters) -Taylor Wimpey’s pledge to build more homes than previously forecast boosted the British housebuilder’s shares on Wednesday even though it expects annual operating profits to halve in its current year amid wider housing market stress. Britain’s housing market has recorded a drop in house prices and …
Taylor Wimpey expects full-year profits to halve amid housing gloom Read More »
By William Schomberg LONDON (Reuters) – The Bank of England, which looks set to raise interest rates again on Thursday, must weigh up the need to fight an inflation rate running at more than four times its target against the hit to the economy from 13 back-to-back rate hikes so far. Analysts and investors are …
Bank of England caught between inflation fight and recession risk Read More »
