By Martyn Herman ISTANBUL (Reuters) -Manchester City finally expanded their domestic domination across the continent as they beat Inter Milan 1-0 with a second-half Rodri goal to win the Champions League for the first time and complete a rare treble on a nervous Saturday evening. Pre-match talk of a stroll to European soccer’s most-cherished crown …
Soccer-Jubilant Man City overcome Inter to complete the treble Read More »
By Andy Bruce LONDON (Reuters) -Old rifts resurfaced in Britain’s ruling Conservative Party on Saturday following former Prime Minister Boris Johnson’s abrupt resignation from parliament, while the opposition Labour Party sensed opportunity ahead of a general election next year. Johnson quit late on Friday in protest against an investigation by lawmakers into his conduct as …
Boris Johnson’s shock exit reverberates through British ruling party Read More »
By Andrew MacAskill and Andy Bruce LONDON (Reuters) -Former British Prime Minister Boris Johnson abruptly quit as a member of parliament on Friday in a furious protest against lawmakers investigating his behaviour, reopening deep divisions in the ruling Conservative Party ahead of a general election expected next year. Johnson had been under investigation by a …
Decrying ‘witch hunt’, Boris Johnson resigns from UK parliament Read More »
By Andrew MacAskill LONDON (Reuters) -Boris Johnson awarded his political aides and allies with some of Britain’s highest honours to mark his resignation as prime minister, including some who attended parties in government buildings during COVID-19 lockdowns. Johnson’s list, long delayed following his resignation last year, renewed criticism of the system under which outgoing prime …
Boris Johnson’s honours list includes aides tied to ex-UK PM’s ‘Partygate’ scandal Read More »
LONDON (Reuters) – Britain’s opposition Labour Party plans to return 100,000 pounds ($125,830.00) in donations from Algebris Group founder and CEO Davide Serra following a harassment claim, a party official said on Friday. A London employment tribunal last month awarded a former Algebris employee about 32,000 pounds in a sex harassment claim against the asset …
LONDON (Reuters) – British law firm Mishcon de Reya has settled a lawsuit brought over 3.2 million pounds ($4 million) in legal fees which had been misappropriated by its former client. Tonstate Group said the money Mishcon received from Edward Wojakovski ultimately belonged to the group, which had sued Wojakovski in 2018. Tonstate was owned …
Law firm Mishcon settles UK lawsuit over $4 million fee dispute Read More »
By Andy Bruce LONDON (Reuters) -Mortgage rates in Britain rose again on Friday as economists warned that rising borrowing costs would put the housing market under renewed strain. The average rate on a two-year mortgage deal across the range of loan-to-value ratios rose on Friday to 5.82%, compared with 5.30% a month ago, financial data …
UK housing market strains grow as mortgage rates creep higher Read More »
By Sam Tobin LONDON (Reuters) – A British foreign exchange company boss who used investors’ cash to fund his luxury lifestyle was sentenced in his absence to 14 years in jail on Friday over a 70 million pound ($88 million) Ponzi scheme. Anthony Constantinou was found guilty last month of one count of fraud by …
Fugitive British forex boss sentenced in absence for $88mln fraud Read More »
LONDON (Reuters) – The London Metals Exchange (LME) said on Friday that it agreed a settlement with Citigroup Global Markets Limited in which the bank would pay a financial penalty of 50,000 pounds ($62,875). The exchange, the world’s oldest and largest market for industrial metals, said the settlement was agreed after an investigation by the …
LME agrees settlement with Citigroup Global Markets with a penalty of $62,875 Read More »
LONDON (Reuters) – Britain’s opposition Labour Party on Friday pared back a flagship pledge to spend 28 billion pounds every year on building up green industries, instead saying high interest rates meant the target would have to be met more gradually. Labour, which according to opinion polls is on course to win Britain’s next national …
Britain’s Labour Party pares back flagship green spending plans Read More »
