LONDON (Reuters) – British Prime Minister Rishi Sunak said nearly all of the benefit of a now-abolished tax break for tourists went to a small area of central London, dampening the hopes of shops and businesses campaigning for it to be brought back. Prior to 2021, foreign visitors from outside the European Union were able …
Sunak dampens hopes of reversal over axed UK tourist tax break Read More »
By Alistair Smout LONDON (Reuters) -A Scottish lawmaker has been stripped of her seat in Britain’s parliament for breaking COVID rules, triggering a by-election that will indicate whether the opposition Labour Party is recovering support from Scotland’s dominant pro-independence party. Margaret Ferrier is a former lawmaker for the Scottish National Party (SNP) who represented Rutherglen …
Scottish lawmaker removed, triggering electoral test for Labour Read More »
(Reuters) -Manchester United signed a 900 million pound ($1.1 billion) deal with Adidas on Monday, renewing the English soccer club’s partnership with its official kit supplier for 10 more years. Manchester United, whose U.S. owners have been considering selling the Premier League club, will return to the lucrative UEFA Champions League this year after securing …
Manchester United sign $1.1 billion Adidas kit deal for 10 years Read More »
By Shashwat Chauhan and Rupali Chaudhary (Reuters) -The UK’s FTSE 100 fell on Tuesday as mining firms dipped after China’s manufacturing activity contracted in July, outweighing upbeat earnings from firms including HSBC and Weir Group. The blue-chip FTSE 100 and the more domestically focused FTSE 250 midcap index both closed down 0.4%. Industrial metal miners …
UK’s FTSE 100 falls as weak China data hurts miners Read More »
LONDON (Reuters) – Britain’s biggest supermarket group, Tesco, said on Tuesday it would provide a further 10 million pounds ($12.76 million) to support the country’s egg industry. The industry in Britain has faced major shortages due to a large outbreak of Avian flu and increases to input costs such as feed and energy. “The support …
Tesco to provide extra 10 million pounds support for UK egg industry Read More »
ADELAIDE (Reuters) -Lauren James shone again with two fine goals as England put in their best performance of the Women’s World Cup so far to sweep aside China 6-1 on Tuesday and march into the last 16 as Group D winners. Alessia Russo gave the European champions the perfect start with a goal in the …
Soccer-England smash China for six to ease into last 16 as group winners Read More »
By Hugh Lawson LONDON (Reuters) – England coach Brendon McCullum said he was more than happy to share a beer with the Australia squad now that the Ashes series is over, having suggested after the second test that he wouldn’t do so following a controversial incident. The series ended 2-2 after England won the final …
Cricket-Ashes beers are back on, says England coach McCullum Read More »
LONDON (Reuters) – Britain on Tuesday said it would retain the European ‘CE’ safety mark for products indefinitely rather than scrap it following the country’s departure from the European Union, in a move welcomed by businesses as a pragmatic step. The British government had touted Brexit as an opportunity to ditch burdensome EU regulations on …
Britain to retain European “CE” safety mark following Brexit Read More »
By Ron Bousso and Shadia Nasralla LONDON (Reuters) -BP’s second-quarter profit slumped 70% from a year earlier to $2.6 billion, missing forecasts, as refining margins and oil trading income fell, but still allowing the energy giant to boost its dividend by 10%. Rivals Chevron, Exxon Mobil, Shell and TotalEnergies have also reported sharp drops in …
BP boosts dividend even as profit slumps 70% to $2.6 billion Read More »
By Andy Bruce LONDON (Reuters) – Sterling’s drop at the time of former Prime Minister Liz Truss’s failed budget plans meant the British taxpayer stumped up tens of millions of pounds extra to fund Brexit divorce bill payments to the European Union, paid in euros, new figures show. In its annual report published last month, …
Pound’s mini-budget dip made UK’s Brexit bill dearer Read More »
