By Johann M Cherian and Shashwat Chauhan (Reuters) -The UK’s FTSE 100 share index ended virtually flat on Thursday, although mining stocks fell as base metal prices slumped on China growth concerns. The Bank of England raised its bank rate for the 12th consecutive time but its decision had been expected and had little impact …
UK’s FTSE index ends flat; little reaction to BoE rate decision Read More »
By Andrew MacAskill and William James LONDON (Reuters) -Britain on Thursday became the first country to start supplying Ukraine with long-range cruise missiles, which will allow Ukrainian forces to hit Russian troops and supply dumps deep behind the front lines. Ukraine has been asking for months for long-range missiles, but support provided by Britain and …
Britain moves first to supply Ukraine with long-range cruise missiles Read More »
By Samuel Indyk LONDON (Reuters) – The British pound trimmed some losses but remained lower against the dollar on Thursday after the Bank of England raised interest rates for the 12th consecutive meeting in its attempt to fight surging inflation. As expected, the BoE raised rates by a quarter of a percentage point to 4.5%, …
By Iain Withers, Natalie Grover and Naomi Rovnick LONDON (Reuters) – Britain’s leading asset managers are in advanced talks to create a multi-billion pound investment fund to back UK start-ups and stem the flow of technology firms snubbing London for New York, a key official working on the proposal told Reuters. Nicholas Lyons, a veteran …
Britain draws up blueprint for multi-billion fund to back start-ups Read More »
LONDON (Reuters) -Bank of England Governor Andrew Bailey criticised on Thursday the way BoE Chief Economist Huw Pill expressed himself about the impact of high inflation on people with lower incomes and said the central bank understood the stress high prices were causing. “We are very sensitive to the position of people, all people, but …
BoE’s Bailey says Pill’s comments on inflation and wages were wrong Read More »
By Michael Holden LONDON (Reuters) – Senior executives of Mirror Group Newspapers authorised widespread illegal activity at their tabloids including the targeting of a British royal, the lawyer for Prince Harry and others suing the publisher said on Thursday. Harry, King Charles’ younger son, and more than 100 others including celebrities and high-profile figures, are …
Top paper executives covered up unlawful behaviour, Prince Harry’s lawyer says Read More »
LONDON (Reuters) -Vodafone Group on Thursday said the chief executive of its largest shareholder, Emirates telecoms group Etisalat, also known as e&, would join its board as the two companies agreed to deepen their strategic relationship. The British company said e& CEO Hatem Dowidar would stay on its board for as long as e& maintained …
Vodafone says CEO of top shareholder e& to join its board Read More »
(Reuters) -British sportswear retailer JD Sports Fashion has appointed Dominic Platt as its chief financial officer, replacing Neil Greenhalgh who is stepping down in the summer after four years in the role, the company said on Thursday. Platt, 53, who is currently CFO of BGL Group – a digital distributor of financial services – takes …
UK’s JD Sports appoints Dominic Platt as finance chief Read More »
LONDON (Reuters) – The leader of Welsh nationalists Plaid Cymru has stepped down, saying he no longer had enough support from colleagues after a report found a culture of sexual harassment, bullying and discrimination in the party. In his resignation letter, Adam Price said he “felt morally bound to step down as leader of the …
Welsh nationalist leader quits after review finds harassment, bullying in party Read More »
LONDON (Reuters) -The publisher of Britain’s Daily Mirror tabloid apologised to Prince Harry on Wednesday for ordering the unlawful gathering of information, court documents showed. In documents presented at court as part of a phone hacking trial, Mirror Group Newspapers, which is owned by Reach, admitted on one occasion a private investigator had been engaged …
Daily Mirror apologises to Prince Harry over unlawful information gathering Read More »
