Reuters UK Domestic

Ladbrokes-owner Entain may face penalty from UK tax authority

(Reuters) -Ladbrokes-owner Entain Plc said on Wednesday it was likely to incur a “substantial financial penalty” as part of an investigation by Britain’s tax authority into issues including possible misconduct involving former third-party suppliers. Entain, formerly known as GVC Holdings, said it was in deferred prosecution agreement talks with the Crown Prosecution Service and was …

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Harry Potter publisher Bloomsbury’s annual profit rises as readers lap up novels

(Reuters) -Bloomsbury Publishing posted a rise in full-year profit on Wednesday, helping the Harry Potter publisher propose a 10% hike in final dividend, as readers lapped up novels and online learning boosted demand for its digital academic resources. A string of acquisitions to boost its portfolio and resilient demand for books as a form of …

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Soccer-Man City’s Guardiola named LMA, Premier League Manager of the Year

(Reuters) – Pep Guardiola was named the League Managers Association (LMA) and Premier League Manager of the Year on Tuesday after guiding Manchester City to the Premier League title. Guardiola led City to their fifth league crown in six seasons and the club are set to face Manchester United in the FA Cup final on …

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UK business confidence dips in May, inflation pressures persist: Lloyds

By Suban Abdulla LONDON (Reuters) – Sentiment among British businesses fell for the first time in three months in May as firms were less optimistic about the economy and their trading prospects despite some signs of resilience in the economy, a survey showed on Wednesday. The Lloyds Bank Business Barometer fell to 28% in May …

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New Zealand-UK free trade agreement to start benefiting exporters -NZ PM

By Lucy Craymer WELLINGTON (Reuters) – New Zealand companies will start to benefit from the country’s new free trade agreement (FTA) with the United Kingdom with the pact now in force, the government said on Wednesday. “The benefits which begin flowing from the FTA today, provide a further big boost to our economy,” said New …

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Rishi Sunak to visit Washington next week for talks with Biden

By Andrew MacAskill LONDON (Reuters) -British Prime Minister Rishi Sunak will hold talks with U.S. President Joe Biden next week when they will discuss improving economic ties and how to sustain military support for Ukraine in its conflict with Russia. Sunak will be in Washington on Wednesday and Thursday next week for meetings with Biden, …

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UK government given more time to hand over Boris Johnson messages to COVID inquiry

By Andrew MacAskill LONDON (Reuters) -British ministers have been given more time to hand over unredacted messages from former prime minister Boris Johnson to a public inquiry looking into the handling of the COVID-19 pandemic, in a stand-off that could lead to criminal sanctions. Johnson’s government ordered an inquiry in 2021 to look into the …

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UK regulator clears Asda and rival Co-op’s fuel deal, says no Phase 2 probe

(Reuters) – Britain’s competition regulator said on Tuesday it had cleared supermarket group Asda’s 611 million pound ($771.14 million)acquisition of Co-operative Group’s Arthur Foodstores. Asda’s purchase of Britain’s seventh biggest supermarket chain Co-op’s 132 petrol stations and attached stores, which was completed in October, will therefore not be referred to an in-depth Phase 2 investigation. …

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