Reuters UK Domestic

Britain to keep Russian assets frozen until Ukraine is compensated

By Kylie MacLellan and Andrew MacAskill LONDON (Reuters) -The British government announced plans to tighten its sanctions policy against Russia on Monday, including introducing legislation to keep assets frozen until Moscow has agreed to pay compensation to Ukraine. The new measures will require any individual who has been designated under the sanctions to disclose assets …

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UK’s Next raises profit outlook on better weather, consumers’ wage hikes

By James Davey and Radhika Anilkumar (Reuters) -British fashion retailer Next on Monday raised its sales and profit guidance for the year, saying trading had exceeded expectations on the back of warmer weather and a wages boost for consumers, sending its shares higher. Next, which trades from about 500 stores and online and is considered …

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Former PM Cameron says Britain was prepared for flu-like pandemic rather than COVID

LONDON (Reuters) – Former prime minister David Cameron told an inquiry on Monday that Britain was prepared for a flu-type pandemic but not enough work was done in advance to confront an asymptomatic disease similar to COVID-19. Britain is holding an inquiry into the handling of the COVID-19 pandemic after Britain recorded one of the …

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UK manufacturers lift 2023 outlook, boosted by aircraft and electronics

By David Milliken LONDON (Reuters) – Britain’s main manufacturing trade body Make UK revised up its outlook for this year on Monday thanks to strong demand for aircraft and electronics, but said it still expects production to fall over the year as a whole. Make UK said it expected factory output to fall 0.3% this …

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Surging mortgage rates bring early summer slowdown for UK housing market: Rightmove

By Suban Abdulla LONDON (Reuters) – Asking prices for British homes fell in June for the first time in six years, indicating an earlier-than-usual summer slowdown amid mortgage market turmoil and expectations of further Bank of England interest rates increases, a survey showed on Monday. Property website Rightmove said the drop was very small – …

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Cricket-England openers fall before rain ends play on day three

BIRMINGHAM, England (Reuters) -Australia’s bowlers struck twice in quick succession in a devastating spell against England at Edgbaston on Sunday, before heavy rain washed out the later sessions on the third day of the series-opening Ashes test. Play was abandoned around 1715 GMT with just 32.4 overs bowled following a lengthy rain-enforced break with England …

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Cricket-England 28-2 as rain halts opening Ashes test for second time

BIRMINGHAM, England (Reuters) -England were shell-shocked after losing two wickets in three overs as Australia took advantage of favourable conditions in a brief restart between rain delays to wrest back the momentum in the series-opening Ashes test at Edgbaston on Sunday. England were 28-2 when rain stopped play, a lead of 35 runs, after Australia …

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Tennis-Murray bags second straight grasscourt title, Boulter wins all-British showdown

(Reuters) -Andy Murray ramped up his Wimbledon preparations by beating Arthur Cazaux in the Nottingham Open final on Sunday to lift a second straight grasscourt title while fellow Briton Katie Boulter beat compatriot Jodie Burrage in the women’s final. The three-time Grand Slam champion put in a clinical performance to win 6-4 6-4, converting three …

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