(Reuters) – Australia and England have been penalised two World Test Championship points each and fined 40% of their match fees after they were found guilty of maintaining slow over rates during the first Ashes test, the International Cricket Council (ICC) said on Wednesday. Ben Stokes and Pat Cummins’ sides were ruled to be two …
Cricket-Australia, England fined for slow over-rate after first Ashes test Read More »
(This June 20 story has been corrected to clarify that the companies paid 7 million pounds in fines alone and about 4.9 million pounds in arrears, in paragraph 3) LONDON (Reuters) – Britain has fined more than 200 companies, including top retailers WH Smith, Marks & Spencer and Argos, for failing to pay their lowest …
UK fines WH Smith, M&S and others for not paying minimum wage Read More »
LONDON (Reuters) – Britain’s public sector net debt surpassed 100% of gross domestic product in May as borrowing came in higher than expected, the Office for National Statistics said on Wednesday. Public sector net debt, excluding that of state-controlled banks, hit 2.567 trillion pounds ($3.28 trillion), equivalent to 100.1% of gross domestic product. That represented …
UK net debt passes 100% of GDP for first time since 1961 Read More »
LONDON (Reuters) – Pay awards by British employers remained the highest in more than 30 years in the three months to May, keeping pressure on the Bank of England which looks set to raise interest rates again on Thursday in a bid to tame high inflation. Human resources data firm XpertHR said the median basic …
BIRMINGHAM, England (Reuters) – Australia captain Pat Cummins sealed a remarkable two-wicket victory for his side over England in a thrilling climax to a gripping five-day battle in the opening Ashes test on Tuesday. The visitors, set a 281 victory target, began a rain-delayed day on 107 for three but their chances looked to be …
Cricket-Cummins the hero as Australia edge England in Ashes thriller Read More »
LONDON (Reuters) -Britain’s Northern Ireland minister said on Tuesday talks to restore the province’s devolved government were moving slowly because there was a lack of clarity on the right legislative approach to end the impasse. Northern Ireland’s devolved executive collapsed in February last year when the Democratic Unionist Party pulled out in protest at Britain’s …
UK minister says talks to restore N.Ireland government moving slowly Read More »
BURTON UPON TRENT, England (Reuters) – Prince William made a surprise visit to England’s Lionesses on Tuesday to wish them good luck in their Women’s World Cup campaign which kicks off next month. The Prince of Wales, who is the FA president, had lunch with the team and staff at the St George’s Park national …
Soccer-Prince William pays surprise visit to Lionesses World Cup camp Read More »
By Sam Tobin, Eric Onstad and Pratima Desai LONDON (Reuters) – The London Metal Exchange cancelled $12 billion worth of trades when nickel prices went haywire in March 2022 to “save” China’s Tsingshan, lawyers for two financial firms suing the exchange told London’s High Court on Tuesday. U.S.-based hedge fund Elliott Associates and market maker …
LME cancelled nickel trades to ‘save’ Tsingshan, London court told Read More »
LONDON (Reuters) – The Bank of England has a lot to learn from the recent surge in inflation – which outstripped the central bank’s forecasts – in order to prepare for future shocks that will hit Britain’s economy, the head of the BoE’s oversight board said on Tuesday. “We think there are lessons to learn…. …
Bank of England must learn lessons from inflation surge, chair of directors says Read More »
By Huw Jones LONDON (Reuters) – Britain’s opposition Labour party, tipped in the polls to win a general election next year, courted the City of London financial industry on Tuesday, telling asset managers to come forward with growth-boosting ideas for Labour’s election manifesto. The City – “perhaps Britain’s greatest asset” – would be a partner …
Britain’s Labour courts financiers: give us your ideas for growth Read More »
