Reuters UK Domestic

By Sam Tobin LONDON (Reuters) – British billionaire Richard Branson severely damaged Virgin Group’s reputation by residing in a tax haven while UK-based airline Virgin Atlantic sought a government bailout during the pandemic, according to internal Virgin emails cited in a $250 million London lawsuit on Monday. The emails were cited by lawyers for U.S. …

Branson, Virgin Group reputations at centre of $250 million London court clash Read More »

By Michael Holden LONDON (Reuters) -An alleged sex assault victim of Kevin Spacey said the “slippery” Hollywood actor had tried to “groom” him, and the repeated groping assaults had left him feeling physically sick, a London court heard on Monday. Spacey, 63, is on trial at Southwark Crown Court accused of a dozen allegations of …

‘Slippery’ actor Kevin Spacey tried to groom me, man tells UK court Read More »

By Kirstin Ridley LONDON (Reuters) – The former finance boss of Carillion, a British construction services giant that imploded in 2018, has been banned from holding company directorships for 11 years in a tough censure reserved for severe breaches of duties, lawyers said. Zafar Khan, who stepped down as Carillion’s finance director after just nine …

Ex finance chief of collapsed Carillion hit with 11-year ban Read More »

By Huw Jones LONDON (Reuters) -The Bank of England said on Monday that banks may be underestimating their exposure to private equity and to commodity markets at a time when rising interest rates could squeeze liquidity in markets. Nathanael Benjamin, the BoE’s executive director for authorisations and international banks, set out his priorities for the …

Bank of England warns lenders over private equity, commodities exposure Read More »

(Reuters) – Bahrain has signed a memorandum of understanding for strategic investments and collaborations with Britain that will see the Gulf state’s private sector invest 1 billion pounds ($1.3 billion) in Britain, the Bahraini crown prince’s social media account said on Monday. The investments will be through Bahraini sovereign wealth fund Mumtalakat, Investcorp, GFH Financial …

Bahrain signs deals to invest $1.3 billion in UK economy Read More »

(Reuters) – Australia’s Nathan Lyon will miss the remainder of the Ashes series against England due to a calf tear suffered while fielding during the second test at Lord’s, Cricket Australia said on Monday. Lyon sustained the injury while fielding on the second day of the test on Thursday. He hobbled out to bat at …

Cricket-Australia’s Lyon ruled out of rest of Ashes series Read More »

OSLO (Reuters) – The UK emissions trading scheme (ETS) will be reformed next year to tighten limits on carbon dioxide pollution and expanded in 2026 to include new sectors, the relevant authority said on Monday. Introduced in 2021 for an initial phase lasting until 2030, it replaced the UK’s participation in the European Union’s ETS. …

UK to tighten emissions trading scheme from 2024 Read More »

By Hugh Lawson LONDON (Reuters) – England captain Ben Stokes said there would be no change in his team’s approach to the Ashes despite losing the second test by 43 runs against Australia at Lord’s on Sunday and going 2-0 down in the five-test series. Stokes, who put on a stunning batting display in his …

Cricket-England’s Stokes: ‘All we’re thinking about is winning 3-2’ Read More »

LONDON (Reuters) – England all-rounder Moeen Ali is in line to return to action having kept his place in the squad announced by the ECB for the third Ashes test starting at Headingley on Thursday. Moeen did not play in the second test after suffering a finger blister and was replaced by Josh Tongue. Rehan …

Cricket-England’s Moeen retained in squad for third Ashes Test Read More »