MILAN (Reuters) – Shares in UK property-related stocks rallied on Wednesday as investors cheered data that showed UK inflation slowed faster than expected in June, which sent an index of homebuilder shares up by the most since late 2008. By 0718 GMT, the FTSE 350 homebuilders index soared almost 7% and was set for its …
Inflation surprise sets UK homebuilders for biggest rally since 2008 Read More »
By Andrew MacAskill LONDON (Reuters) – Britain’s opposition Labour Party Leader Keir Starmer on Tuesday defended his pledge to keep a controversial limit on welfare support payments for children if his party wins a general election expected next year. Starmer, whose party enjoys a double-digit lead over the Conservatives in opinion polls, is trying to …
UK Labour leader defends plan to stick with two-child welfare cap Read More »
By Susanna Twidale LONDON (Reuters) -Britain on Tuesday opened a competition to develop small modular nuclear reactors (SMRs), and is aiming to see them operating in the country by the early 2030’s, according to energy security minister Grant Shapps. Britain is seeking increase its nuclear power capacity to 24 gigawatts (GW) by 2050 as part …
Britain opens competition to develop small nuclear plants by the 2030s Read More »
By Alistair Smout LONDON (Reuters) – Britain’s outgoing defence minister Ben Wallace on Tuesday said that Prime Minister Rishi Sunak will reshuffle his top ministerial team soon, possibly as soon as this week. Sunak is widely speculated to be planning a cabinet reshuffle as he struggles to meet his goals of halving inflation this year …
Outgoing British defence minister says ministerial reshuffle will be soon Read More »
(Reuters) – The weather forecast for the fourth and decisive Ashes test hints at potential delays, but England captain Ben Stokes on Tuesday said the looming rain clouds will be an advantage as his side are ready to play an even more aggressive brand of cricket. The fourth test begins on Wednesday at Manchester, where …
Cricket-Rain can be an ally for England, says Stokes ahead of decisive fourth Ashes test Read More »
LONDON (Reuters) -A first round of strikes planned by baggage handlers working with easyJet at London’s Gatwick airport has been suspended after a better pay offer, their union said on Tuesday, warning that other walkouts will still go ahead. The announcement will provide relief to some holiday-goers because the industrial action had been planned to …
Some workers suspend strikes at London’s Gatwick -union Read More »
MANCHESTER (Reuters) – David Warner is set to open in the fourth Ashes test against England, Australia captain Pat Cummins said on Tuesday, but spinner Todd Murphy could be squeezed out to accommodate both all-rounders, Mitchell Marsh and Cameron Green. Warner’s place looked uncertain after his double failure in the third test at Headingley where …
Cricket-Warner to open, Australia may drop Murphy to accommodate both all-rounders Read More »
By Sarah Young LONDON (Reuters) – King Charles will mark 400 years since William Shakespeare’s plays were published in collective form on Tuesday, bringing actors and directors together to celebrate his love for the bard and a book hailed as one of the most important in English literature. It was to Shakespeare who Charles turned …
Shakespeare-fan King Charles celebrates 400 years since the first Folio Read More »
By Kylie MacLellan and Andrew MacAskill LONDON (Reuters) -British Prime Minister Rishi Sunak’s highly contested plan to make it easier to send asylum seekers to Rwanda is set to become law after the government defeated attempts by parliament’s upper house to make changes to the legislation. The Illegal Migration Bill had been stuck in a …
UK government’s contested illegal immigration plan to become law Read More »
LONDON (Reuters) – The pound held steady above $1.30 on Tuesday, around its highest in 15 months, a day ahead of crucial British inflation data that will shape expectations for Bank of England policy, and hence the currency, in the coming months. Sterling was last at $1.3090, up 0.12% on the day, and was also …
Sterling stays near 15-month top, a day ahead of CPI data Read More »
