Reuters UK Domestic

UK CFOs turn wary as inflation and borrowing costs bite: Deloitte

By William Schomberg LONDON (Reuters) – Finance executives at top British firms have turned more cautious in the face of high inflation and rising interest rates and they expect a slowdown in hiring and pay growth, a survey showed on Monday. A quarterly survey by Deloitte found the difference between chief financial officers who were …

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Senior doctors in England announce more strikes, rejecting pay deal

By William James LONDON (Reuters) – Senior doctors in England will hold two days of strikes in August, their union the British Medical Association (BMA) said on Monday, dismissing a 6% pay rise announced by government last week as a “savage” real-terms wage cut. Consultant-level doctors in Britain’s publicly funded National Health Service (NHS) will …

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UK consumer group calls for government action on grocery prices

By James Davey LONDON (Reuters) – British consumer group Which? has urged the government to take action to support households when the competition watchdog publishes its review of grocery pricing, saying some food prices have jumped by as much as 175% since 2021. Based on analysis of more than 21,000 food and drink products at …

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Asking prices for UK homes slip as BoE’s rates rises bite, survey

LONDON (Reuters) – Asking prices for residential homes in Britain fell in July as rising mortgage costs and increasing buyer affordability constraints prompted sellers to tempered their price expectations, an industry survey showed on Monday. Property website Rightmove said average asking prices of homes coming onto the market declined by 0.2% last month, compared with …

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Tennis-All hail Alcaraz as he ends Djokovic’s long Wimbledon reign in thriller

By Pritha Sarkar LONDON (Reuters) -Carlos Alcaraz heralded the changing of the guard in men’s tennis as he ended Novak Djokovic’s long reign at Wimbledon with a rip-roaring 1-6 7-6(6) 6-1 3-6 6-4 victory to win the All England Club title for the first time on Sunday. The 36-year-old Serbian had been indestructible on Wimbledon’s …

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Cricket-Australia retain Ashes after thrilling ODI victory

SOUTHAMPTON (Reuters) – England’s Nat Sciver-Brunt struck a blistering century but was unable to prevent Australia from claiming a three-run victory in the second one-day international on Sunday, as the tourists retained the Ashes after taking an unassailable lead in the series. Sciver-Brunt hit an unbeaten 111 off 99 balls, resuscitating a struggling England and …

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UK defence minister Wallace to step down as lawmaker at next election

LONDON (Reuters) -British defence minister Ben Wallace will not stand as a member of parliament (MP) in the next UK national election, and will leave government when Prime Minister Rishi Sunak carries out his next cabinet reshuffle, he told The Sunday Times newspaper. Wallace, a member of the ruling Conservative party, has been MP for …

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