BRUSSELS (Reuters) – The European Union’s top court on Thursday dismissed legal actions from British citizens who had challenged their loss of EU citizens’ rights as a result of Brexit. Many Britons who live and work in the EU have found their lives have become more complicated following Britain’s decision to quit the EU, including …
EU top court rejects UK citizens’ appeal on post-Brexit loss of rights Read More »
LONDON (Reuters) – King Charles held a reception at Buckingham Palace on Wednesday to celebrate the 75th anniversary of the start of the arrival of the ‘Windrush generation’ of post-war migrants to Britain from the Caribbean. The Empire Windrush ship docked in London in June 1948, bringing the first of hundreds of thousands of people …
King Charles hosts reception to mark 75th anniversary of ‘Windrush’ arrivals Read More »
LONDON (Reuters) -Lawmakers on Britain’s powerful Treasury Select Committee have written to the Financial Conduct Authority to question the regulator’s supervision of Odey Asset Management (OAM) and its founder Crispin Odey. The letter sent to the FCA on Wednesday, and signed by the committee’s chair Harriett Baldwin, follows allegations of sexual misconduct by OAM’s founder, …
UK lawmakers question FCA supervision of Odey Asset Management Read More »
By Paul Sandle and Muvija M LONDON (Reuters) – Vodafone boss Margherita Della Valle has bagged her first win with a merger deal in Britain, but the time it took to get there and the tortuous road ahead shows the scale of the challenge she faces to turn around the telecoms group. Della Valle was …
Vodafone CEO secures early win, but long road ahead on the deal front Read More »
LONDON (Reuters) – The Bank of England plans to hold an externally-led review into how it forecasts the economy, according to a letter published by a parliamentary committee on Wednesday. The chair of the Bank of England’s Court of Directors, David Roberts, wrote that the directors had “decided to commission a broad review into the …
Bank of England to hold review into its economic forecasts Read More »
LONDON (Reuters) – The Bank of England is weighing up whether to raise interest rates for the 13th meeting in a row next week as it continues to grapple with one of the highest inflation rates among the world’s big, rich countries. Investors think it is a near-certainty that the BoE will announce a rate …
Bank of England policymakers consider 13th successive rate rise Read More »
By Paul Sandle and Clare Jim LONDON/HONG KONG (Reuters) -Vodafone and CK Hutchison unveiled the long-awaited 15 billion pound ($19 billion) merger of their British mobile operations on Wednesday, saying the creation of a new market leader would help drive competition and investment. Expected since the two companies disclosed talks in October, the deal faces …
Vodafone, Hutchison strike $19 billion deal to create UK mobile leader Read More »
By Jonathan Cable LONDON (Reuters) – The Bank of England is not yet done with rate rises as it battles inflation running at more than four times its target but the economy is still unlikely to fall into recession, a Reuters poll of economists found. In December 2021 the BoE was one of the first …
Bank of England to press on with rate hikes, peak at 5.00% in Q3 Read More »
By Sam Tobin LONDON (Reuters) -The billionaire co-chairman and CEO of Chinese developer Guangzhou R&F Properties Co Ltd on Wednesday agreed to be extradited from London to the United States, where he is facing bribery charges. Zhang Li, who co-founded Hong Kong-listed R&F, is wanted on a provisional warrant issued in the Northern District of …
China’s Guangzhou R&F co-chief agrees to be extradited to U.S Read More »
LONDON (Reuters) -British police were questioning a man on suspicion of murder on Wednesday as they sought the motive for a stabbing and van attack in the central English city of Nottingham which left three people dead and another in a critical condition. Two 19-year-olds, a man and a woman who were university students, were …
