By Shashwat Chauhan and Shristi Achar A (Reuters) -London’s FTSE 100 fell for the third straight session on Wednesday, as energy and financial stocks declined after subdued data from China and the UK stoked concerns over slowing global demand. The blue-chip FTSE 100 ended 1% lower, recording its worst day in a month, while the …
UK shares fall as fears over global demand, China weakness sap mood Read More »
By William Schomberg LONDON (Reuters) – Two former Bank of England officials said the central bank was too slow to spot the signs of inflation’s post-pandemic surge, adding to pressure on the BoE which is battling the fastest price growth of the world’s big rich economies. Former Deputy Governor Charlie Bean and Sushil Wadhwani, who …
Ex-officials say Bank of England was too slow to heed inflation warnings Read More »
By Phil Noble EDINBURGH (Reuters) -Scotland marked the coronation of King Charles and his wife Camilla on Wednesday with a grand procession full of pageantry and a solemn church service where he was presented with the “Honours of Scotland”, Britain’s oldest crown jewels. Charles and Camilla were crowned in London’s Westminster Abbey in May in …
Scotland marks coronation of King Charles and Queen Camilla Read More »
LONDON (Reuters) – London Mayor Sadiq Khan’s plans to expand a contentious clean-air zone for motorists has driven a surge in online racist abuse against him, according to an analysis published by his office on Wednesday. Khan, who is of Pakistani descent, was elected the first Muslim mayor of London – and of any major …
London Mayor Sadiq Khan’s clean air zone plans fuel racist abuse online -City Hall Read More »
By Sam Tobin LONDON (Reuters) – Prince Harry on Wednesday fought to take his phone-hacking lawsuit against Rupert Murdoch’s UK newspaper arm to trial, asking London’s High Court to let him rely on an alleged “secret agreement” between Britain’s royal family and the publisher. Harry, the younger son of King Charles, is suing Murdoch’s News …
Prince Harry fights for trial in hacking case against Murdoch’s UK group Read More »
LONDON (Reuters) – The London Metal Exchange’s clearing house, which was hit by a 2022 nickel crisis, has appointed David Warren, former chief financial officer of the London Stock Exchange, as chairman from July 20, it said on Wednesday. The LME, the world’s largest and oldest metals forum, is grappling with a lawsuit and reduced …
Crisis-hit LME’s clearing house names former LSE CFO as chair Read More »
By Nell Mackenzie and Sinead Cruise LONDON (Reuters) -Britain’s financial watchdog confirmed its investigation into Crispin Odey and the hedge fund he founded for the first time on Wednesday, and defended its supervision of a business thrown into turmoil by allegations of sexual misconduct against Odey. Odey, who founded Odey Asset Management (OAM) in 1991, …
UK’s FCA confirms probe into Odey, defends its oversight Read More »
LONDON (Reuters) -Britain’s competition regulator fined Leicester City on Wednesday after it found that the football club and retailer JD Sports colluded to restrict competition in the sales of branded sports kit, including replica shirts. The Competition and Markets Authority said the club, which was relegated from the Premier League in May, would be fined …
Leicester City fined for UK anti-competitive arrangement with JD Sports Read More »
(Reuters) – Fourth-tier side Forest Green Rovers appointed Hannah Dingley as caretaker head coach on Tuesday following Duncan Ferguson’s exit, making her the first woman to manage a men’s professional team in England. Forest Green, who were relegated from League One last season, said earlier on Tuesday that Ferguson had left his role after six …
Soccer-Forest Green’s Dingley becomes first woman to manage pro English men’s team Read More »
By Alistair Smout and Michael Holden LONDON (Reuters) – Britain on Wednesday celebrates 75 years of its National Health Service (NHS), with royals, politicians, staff and patients expressing pride in its past and determination that it will endure in the future despite current challenges. Launched on July 5, 1948, by a Labour government following the …
Britain celebrates 75 years of its National Health Service Read More »
