By Shashwat Chauhan and Shristi Achar A (Reuters) -London’s FTSE 100 slipped on Thursday as water utility stocks fell on prospects of tougher regulation, while hawkish remarks on interest rate outlook from major central bankers continued to dent risk appetite. The blue-chip FTSE 100 fell 0.4%, while the more domestically-focussed FTSE 250 midcap index lost …
London stocks fall as utilities drag; Serco gains Read More »
LONDON (Reuters) – NATO should look at skipping the requirement for Ukraine’s Membership Action Plan (MAP) as part of its pathway to joining the alliance, British defence minister Ben Wallace said on Thursday. Any move to ditch or circumvent the MAP requirement for Ukraine, which is designed to help candidates meet certain political, economic and …
Britain says NATO should consider removing MAP hurdle to Ukraine’s membership Read More »
(Reuters) – Britain’s largest water supplier Thames Water on Thursday named Adrian Montague as its new chairman, succeeding Ian Marchant. Adrian, who is currently chairman of Cadent Gas Limited and Porterbrook Holdings Limited, will join the board of Thames Water on July 10. (Reporting by Anchal Rana in Bengaluru; Editing by Shailesh Kuber)
LONDON (Reuters) – A British parliamentary committee on Thursday criticised the behaviour of Conservative Party lawmakers over a ruling that former Prime Minister Boris Johnson had lied over lockdown-breaking parties, saying they had sought to intimidate members. Earlier this month, the privileges committee – the main disciplinary body for lawmakers – found that Johnson had …
UK panel says Conservatives tried to intimidate members over Boris Johnson ruling Read More »
LONDON (Reuters) – Britain’s plan to deport asylum seekers to Rwanda is unlawful, London’s Court of Appeal ruled on Thursday, in a major setback for Prime Minister Rishi Sunak who has pledged to stop migrants arriving across the Channel in small boats. Under a deal struck last year, Britain’s government planned to send tens of …
UK court rules plan to relocate asylum seekers to Rwanda is unlawful Read More »
By Susanna Twidale LONDON (Reuters) – Britain’s Crown Estate, which manages King Charles’ public property, posted a record profit last year boosted by income from offshore wind leases. In January, the king told the British government he would like some of the profits from the first major auction of offshore wind farm leases in more …
Britain’s royal finances boosted by record wind profits Read More »
LONDON (Reuters) – Britain will on Thursday introduce a law to prevent British lawyers from advising Russian companies on certain business deals, in an attempt to exert further pressure on Russia. “The UK legal system underpins many international contracts and businesses and we will no longer allow Russia to benefit from our knowledge and expertise,” …
Britain to bring in law to stop Russian companies using UK lawyers Read More »
By James Davey LONDON (Reuters) – British online supermarket Ocado Retail has followed rivals by cutting prices of some essential items, adding to hopes a surge in food inflation will moderate this year and provide relief to consumers battered by a cost of living crisis. Stubbornly high inflation has become a major political issue in …
Britain’s Ocado follows rivals in cutting some prices Read More »
By Ed Osmond LONDON (Reuters) -Steve Smith scored an unbeaten 85 to guide Australia to 339-5 as England wasted favourable bowling conditions on the first day of the second Ashes test at Lord’s on Wednesday. England captain Ben Stokes won the toss under grey skies and floodlights at the home of cricket, sending Australia into …
By Francesco Canepa and Balazs Koranyi SINTRA, Portugal (Reuters) -Bank of England (BoE) Governor Andrew Bailey said it remained to be seen if financial markets are right about how high the British central bank will need to raise interest rates, and how long it will be before the first rate cuts are made. Financial markets …
Bank of England’s Bailey: We will see if markets are right on rates Read More »
