Reuters UK Domestic

By Suban Abdulla LONDON (Reuters) – British factory output contracted in July at the fastest pace in seven months, hit by higher interest rates and fewer new orders, despite weakening price pressures, a survey showed on Tuesday. The S&P Global/CIPS UK manufacturing Purchasing Managers’ Index (PMI) fell to 45.3 in July from 46.5 in June, …

UK factory output falls at fastest pace in seven months, cost pressures ease -PMI Read More »

By Sarah Young LONDON (Reuters) -Greggs stuck to forecasts for profit to rise 10% this year, as British consumers continued to seek its value baked goods, salads and coffee, and as its evening opening hours and loyalty app help drive sales higher. As high inflation in Britain squeezes disposable incomes, the bakery chain said it …

Greggs confident as UK appetite grows for its bakes, coffee Read More »

(Reuters) – Metro Bank Holdings on Tuesday reported a first-half profit compared with a year-ago loss, helped by the British mid-sized lender keeping a tight rein on costs and benefiting from interest rate hikes. Bank profits have been lifted by successive rate increases by the Bank of England, enabling lenders to make more money on …

UK’s Metro Bank posts first-half profit on tight cost controls, rate hikes Read More »

LONDON (Reuters) – Prices in British store chains rose in July at the slowest annual rate this year, industry data showed on Tuesday. The British Retail Consortium said annual shop price inflation cooled to 7.4% in July, down from 8.4% in June. Prices fell in month-on-month terms for the first time in two years, the …

UK shop price inflation eases in July: BRC Read More »

(Reuters) -A.G. Barr said on Tuesday its CEO of 19 years, Roger White, will step down in the next 12 months, with the Irn-Bru maker starting a formal succession process immediately. White, 58, leaves at a time the UK firm has benefited from higher pricing, as well as strong trading performance across its soft drinks …

Irn-Bru maker A.G. Barr says CEO Roger White to retire Read More »

By Hugh Lawson LONDON (Reuters) – England captain Ben Stokes said on Monday the 2-2 draw in the Ashes series showed his side had “walked the walk” after losing the first two tests against Australia, which made every test thereafter “a do-or-die situation”. England secured a dramatic 49-run victory in the final test at The …

Cricket-Stokes says England ‘walked the walk’ to level Ashes series Read More »

By Muvija M and William James LONDON (Reuters) – Britain on Monday sanctioned Russian judges and prosecutors for their roles in what it called a “politically motivated conviction” of Russian opposition politician Vladimir Kara-Murza, calling for the British dual national’s release. Kara-Murza, who holds Russian and British citizenship, lost an appeal against his 25-year jail …

UK sanctions Russians judges over dual British national Kara-Murza’s trial Read More »

LONDON (Reuters) -England’s Stuart Broad claimed the last two Australia wickets to secure a dramatic 49-run victory for his team in the final Ashes test at The Oval on Monday and leave the series locked at 2-2 after five gripping matches. Broad, playing his final test, removed Todd Murphy and Alex Carey, both caught by …

Cricket-Broad scripts perfect farewell as England level Ashes series Read More »

LONDON (Reuters) – England beat Australia by 49 runs in the fifth and final Ashes test at The Oval on Monday, securing a 2-2 series draw with an afternoon of brilliant bowling including taking wickets in four consecutive overs. Australia had already retained the coveted urn but narrowly missed out on claiming their first Ashes …

Cricket-England win fifth Ashes test v Australia to secure 2-2 series draw Read More »