By Michael Holden LONDON (Reuters) -The publisher of a British tabloid has apologised to Prince Harry for unlawfully seeking information about him, at the start of a lawsuit the royal is bringing over alleged “industrial-scale” phone-hacking in which he is due to give evidence. Harry, 38, and some 100 celebrities including actors, sports stars, singers …
Daily Mirror apologises to Prince Harry over unlawful action Read More »
By Alistair Smout and Andrew MacAskill LONDON (Reuters) -The British government no longer intends to remove all European Union laws by the end of this year, a flagship policy for hardline Brexiteers that sparked warnings from business and the opposition about legal uncertainty and bureaucratic chaos. The government said on Wednesday it would amend legislation …
Britain ditches commitment to remove all EU laws by the end of 2023 Read More »
LONDON (Reuters) -The Guardian newspaper reported on Tuesday that John Allan, the chairman of Britain’s biggest retailer Tesco, was facing claims of inappropriate behaviour from four women. One of the allegations relates to Allan’s conduct at Tesco and three to his time at the Confederation of British Industry (CBI), where he was president from 2018-2020. …
UK’s Guardian newspaper says Tesco chairman accused of inappropriate behaviour Read More »
By James Davey and Sarah Young LONDON (Reuters) -Staff at struggling retailer the John Lewis Partnership gave their backing to boss Sharon White on Wednesday despite her move to consider bringing in outside investment to Britain’s best known employee-owned group. However, the governing body, elected by workers, rebuked her over the group’s performance last year, …
John Lewis boss wins staff backing, but rebuked over losses Read More »
LONDON (Reuters) – London’s famous Big Ben bell failed to chime on Wednesday when the dials of the Great Clock at Britain’s Houses of Parliament briefly stopped working. The four clock dials, one on each side of the 96-metre-tall Elizabeth Tower which houses Big Ben and four other bells, stopped at 12:55 p.m. (1155 GMT), …
London’s Big Ben fails to bong as clock briefly stops Read More »
By Kirsty Needham SYDNEY (Reuters) – Papua New Guinea has witnessed an online backlash over the cost to taxpayers of around 30 officials travelling to London for the coronation of King Charles, with the governor general’s office denying media reports the bill was close $1 million. Media and online news sites in PNG, a Pacific …
Coronation travel cost prompts public backlash in Papua Read More »
By Huw Jones LONDON (Reuters) – Britain’s finance ministry on Tuesday called for advice on setting benchmarks for regulators to ensure they meet a new objectives to support London’s post-Brexit competitiveness as a global financial centre and aid UK growth. Fierce competition from New York in company listings, and Amsterdam overtaking London as Europe’s biggest …
Britain to set benchmarks for financial watchdogs to keep City competitive Read More »
By Huw Jones LONDON (Reuters) – Britain’s financial watchdog said on Wednesday it will act quickly to punish serious breaches of tough new consumer protection rules that come into force at the end of July. The Consumer Duty legally requires firms regulated by the Financial Conduct Authority (FCA) to put the interests of customers first …
Serious breaches of new consumer rules face swift action, says UK financial watchdog Read More »
By Sinead Cruise and Iain Withers LONDON (Reuters) – Some of Britain’s top finance executives, fearful London is losing out to New York and rival European cities, are pressing the government to broaden an array of reforms aimed at attracting big-ticket corporate listings. London has seen a 40% decline in publicly-listed companies since 2008 and …
Analysis-UK finance bosses press to revive London’s allure Read More »
(Reuters) – British industrial technology company Smiths Group Plc on Wednesday named Steve Williams as its next chairman to succeed George Buckley, who is retiring at the end of the company’s annual general meeting in November. UK-born Williams, who is currently chair of U.S. aluminum producer Alcoa Corporation, started his career at ExxonMobil. He also …
UK’s Smiths Group names Alcoa’s Williams as next chair Read More »
