Reuters UK Domestic

LONDON (Reuters) – Energy costs for most British households are expected to fall around 18% from July with regulator Ofgem poised to announce a cut in its price cap next week, analysts at energy consultancy Cornwall Insight said. The government has guaranteed to keep average household energy bills below 2,500 pounds ($3,155) a year until …

Energy costs for most British households to fall 18% from July -Cornwall Insight Read More »

LONDON (Reuters) -The wealth of British Prime Minister Rishi Sunak and his wife Akshata Murty has fallen over the last year, putting them in 275th place in the Sunday Times Rich List, after the value of their stake in Indian I.T. giant Infosys dropped. The pair were ranked in 222nd position last year. Shares in …

UK PM Sunak’s wealth declines but still ranked 275th in country’s rich list Read More »

By Harry Robertson LONDON (Reuters) – The pound was heading for its second straight weekly fall against the dollar on Friday, weighed down by a resurgent dollar and weakness in the British economy. Sterling was up 0.15% to $1.243 on Friday. It was set for a weekly loss of 0.17%, however, after falling 1.45% the …

Sterling heads for second weekly loss as dollar surges Read More »

(Reuters) -UK’s Unite Union on Friday said that offshore workers at Bilfinger UK Ltd rejected new pay offers and that strike action will take place in June. Around 800 Bilfinger contractors will participate in two new rounds of strike action starting on June 1 and ending on June 3, and then from June 8 to June 10, Unite said in a …

Bilfinger UK offshore workers to strike in June over pay offer Read More »

By Kirstin Ridley LONDON (Reuters) – ClientEarth, an environmental law charity turned activist Shell investor, said on Friday it was challenging a London court decision to dismiss its novel lawsuit against the energy giant’s board over alleged climate risk mismanagement. The group said it would ask the High Court to reconsider the decision at an …

ClientEarth challenges UK court dismissal of Shell climate lawsuit Read More »

(Reuters) – Britain’s Prime Minister Rishi Sunak plans to announce a ban on Russian diamonds and imports of metals from Russia including copper, aluminium and nickel in support for Ukraine, his government said in a statement. Britain is also targeting an additional 86 people and companies from Russian President Vladimir Putin’s military industrial complex, in …

UK to ban Russian diamonds at G7 in fresh round of sanctions Read More »

By Suban Abdulla LONDON (Reuters) – British consumer confidence has risen for the fourth month in a row to its highest in 15 months as households take a more positive view about the economy and their finances, despite inflation still in double digits, a survey showed on Friday. Market research firm GfK’s headline confidence index …

UK consumers turn more confident despite inflation pain – GfK Read More »

By Michael Holden LONDON (Reuters) – To supporters, Prince Harry and his wife Meghan being chased through the streets of New York by press photographers brought back memories of the death of his mother Princess Diana and epitomised the media harassment and intrusion they endure. For detractors, it was another show of the couple’s over-the-top, …

Paparazzi chase over Harry and Meghan polarizes public Read More »