By Andrew MacAskill and Tom Balmforth LONDON (Reuters) – A British-led group of European countries has asked for expressions of interest to supply Ukraine with missiles with a range of up to 300 km (190 miles) in what would be another step-up in military support for Kyiv against Russia’s invasion. The call for responses from …
Britain asks companies to supply long-range missiles for Ukraine Read More »
LIVERPOOL, England (Reuters) – Eurovision 2023 kicked off on Sunday when 37 contenders walked the “Turquoise Carpet” in Liverpool, the English city hosting the competition on behalf of Ukraine. Under the banner “United by Music”, the 67th edition of the song contest will comprise three live shows that will unite the cultures of Ukraine and …
Eurovision 2023 opens with acts walking Liverpool’s ‘Turquoise Carpet’ Read More »
LONDON (Reuters) – Britain’s government will not change the Bank of England’s 2% inflation target and is working with the central bank to ensure fiscal and monetary policy both work to bring down inflation, financial services minister Andrew Griffith said on Tuesday. “We will continue to work closely with them (the BoE) to ensure that …
UK government will not change BoE inflation target, minister says Read More »
LONDON (Reuters) -Former British prime minister Liz Truss will visit Taiwan next week and meet senior members of the government, her office said on Tuesday, a move that could anger China amid strains in its relationship with the current British government. China has previously condemned visits by British lawmakers to Taiwan for interfering in China’s …
British ex-premier Truss to visit Taiwan next week Read More »
((This May 5 story has been refiled to correct spelling of broker Argentex in paragraph 6) ) By Harry Robertson LONDON (Reuters) – The pound rose to just shy of a one-year high against the dollar on Friday, and to a one-month high against the euro, as traders eyed the Bank of England’s interest rate decision …
Sterling hits one-year high as Bank of England decision nears Read More »
By Andrew MacAskill and Sarah Young LONDON (Reuters) -British police have expressed regret over the arrests of anti-monarchy protesters during the coronation of King Charles, saying they will not face criminal prosecution following criticism that the security response was heavy-handed. London’s Metropolitan Police said six people were arrested on Saturday under new powers from the …
UK police express regret over coronation arrest of republican leader Read More »
LONDON – Sterling eased against the U.S. dollar on Tuesday but stayed close to the previous day’s one-year high, ahead of the Bank of England (BoE) policy decision later this week. At 0904 GMT, the pound was down 0.3% against the dollar at$1.26145, while it ticked 0.17% higher versus the euro to 87.06 pence. Sterling …
Sterling hovers near one-year high as traders eye BoE decision Read More »
(Reuters) -Purplebricks Group said it was unlikely the firm would generate cash again in the current financial year as expected, sending its stock down to a record low as the British online estate agency explores a sale in a bid to revive its fortunes. Shares in the AIM-listed company slumped 45% in Tuesday morning trade, …
Purplebricks unlikely to generate cash in FY24 amid sale process Read More »
LONDON (Reuters) – Sainsbury’s, Britain’s second largest supermarket group, has cut the price of bread and butter, in another sign that a surge in food inflation is set to abate and even reverse in the coming months. The group said on Tuesday it had cut the price of Sainsbury’s 800g Soft White Medium, Wholemeal Medium, …
Britain’s Sainsbury’s cuts price of bread and butter Read More »
(Reuters) – Direct Line Insurance Group Plc said on Tuesday it expected more adverse claims in motor, especially in relation to damage, to pressure its earnings in 2023, sending the British insurer’s shares 8% lower in early trade. The motor and home insurer posted a 9.7% rise in quarterly gross written premiums to 805.7 million …
UK insurer Direct Line expects motor claims to hit 2023 earnings Read More »
