Reuters UK Domestic

By Kirstin Ridley and Nell Mackenzie LONDON (Reuters) – Britain’s markets watchdog said on Wednesday it was determined to tackle complex and often sensitive cases involving non-financial misconduct and would unveil guidance on diversity inclusion in the financial services industry in September. The Financial Conduct Authority (FCA), and its powers to investigate such improper behaviour, …

UK watchdog will not shy away from tackling non-financial misconduct cases Read More »

By Aditya Soni (Reuters) – Activision Blizzard and Microsoft on Wednesday extended the deadline for the close of their $69 billion deal by three months to Oct. 18 as the American companies work to secure UK approval for the biggest gaming deal in history. U.S. regulatory efforts to block the takeover and Britain’s push to …

Activision, Microsoft extend deal deadline to secure UK approval Read More »

BELFAST (Reuters) – The biggest pro-British political party in Northern Ireland said on Wednesday there had been no meaningful action from London to convince it to rejoin a provincial power-sharing government it scuppered last year over post-Brexit trade rules. The Democratic Unionist Party (DUP) collapsed the devolved executive 17 months ago in protest at the …

Northern Ireland’s DUP not convinced by London to restore government Read More »

By Peter Hall MANCHESTER, England (Reuters) -England spinner Moeen Ali struck late in the afternoon session to remove Marnus Labuschagne and leave Australia on 187-4 at tea on day one of the fourth Ashes test on Wednesday, ensuring another tantalising clash is finely poised. Steve Smith had looked in good touch before lunch, steadying the …

Cricket-Ali strikes to remove dangerman Labuschagne to boost England hopes Read More »

By Huw Jones LONDON (Reuters) – Britain’s banks are not passing on higher interest rates to savers fast enough, though this is expected to accelerate in coming months as a new duty to provide good outcomes for consumers comes into force, UK financial regulators said on Wednesday. Interest rates in Britain have risen from record …

Britain’s banks slow in passing higher rates to savers -watchdog Read More »

By Michael Holden PRAGUE (Reuters) -The head of Britain’s MI6 foreign spy service appealed on Wednesday to Russians appalled by the war in Ukraine to “join hands” with his intelligence service and bring the bloodshed to an end. In his second speech since becoming chief of the Secret Intelligence Service in 2020, Moore said there …

UK’s MI6 spy tells Russians: join us as agents to end war Read More »

PRAGUE (Reuters) – The head of Britain’s MI6 foreign spy service invited discontented Russians to share their secrets with British intelligence services. “I invite them to do what others have already done this past 18 months and join hands with us,” said Richard Moore, the chief of the Secret Intelligence Service during a rare public …

UK MI6 spy chief tells Russians: “Our door is always open” Read More »

LONDON (Reuters) – British finance minister Jeremy Hunt said there was still a long way to go to reduce inflation towards target after annual consumer price inflation fell to a lower than expected 7.9% in June. Hunt told reporters on Wednesday that the government and Bank of England had taken difficult decisions on inflation in …

UK’s Hunt: Still a long way to go in battle against inflation Read More »

LONDON (Reuters) – British inflation came in at its slowest pace in over a year in June, causing the pound to weaken against other currencies and giving the stock market a lift, although at 7.9% it was still well above the Bank of England’s 2% target. Economists polled by Reuters had forecast that the CPI …

Instant View: Surprise drop in UK inflation dents sterling, lifts stocks Read More »

(Reuters) – Restaurant Group, the owner of Wagamama restaurants and Frankie & Benny’s, said on Wednesday it was on track to deliver on its annual expectations, helped by strong dine-out sales in the second quarter despite a hit from hot weather conditions. Total like-for-like sales at its Wagamama noodle chain rose 5% in the quarter …

Wagamama-owner says on track as hot weather fails to dampen appetite Read More »