By Suban Abdulla LONDON (Reuters) – Pay awards granted by British employers fell during the three months to July, according to a survey that chimed with an official gauge of cooling wage growth that should keep the Bank of England on track to cut interest rates later this year. Incomes Data Research said on Thursday …
UK pay settlements lowest in nearly two years, IDR survey shows Read More »
By Catarina Demony LONDON (Reuters) – All three candidates running to become the next secretary-general of the Commonwealth, a 56-nation club headed by Britain’s King Charles, said on Wednesday they supported reparations for transatlantic slavery and colonialism. The Commonwealth evolved out of the British empire and is one of world’s biggest international organisations, covering some …
Slavery reparations backed by all candidates vying for Commonwealth boss Read More »
By Purvi Agarwal and Khushi Singh (Reuters) -The UK’s benchmark FTSE 100 stock index ended lower on Wednesday, led by a decline in Rentokil shares after the pest control company warned on North America weakness, while investors assessed the latest U.S. inflation numbers. The blue-chip FTSE 100 was down 0.2%, while the mid-cap FTSE 250 …
FTSE 100 drops on Rentokil warning; U.S. inflation data weighs Read More »
By Amanda Ferguson BELFAST (Reuters) – Britain announced on Wednesday a public inquiry into the 1989 murder in Northern Ireland of human rights lawyer Pat Finucane, whose death remains a lightning rod for anger over state collusion with pro-British paramilitaries. Finucane, who had represented leading Irish nationalists, among others, was shot dead at his home …
Britain orders public inquiry into 1989 murder of Northern Irish rights lawyer Read More »
By Andy Bruce (Reuters) – Britain will revive active job market policies that hark back to past Labour governments to help boost employment and reduce inactivity, a sore spot for the economy, new employment minister Alison McGovern said on Wednesday. McGovern, who took office in July following the landslide election win of Prime Minister Keir …
British government will revive active job support plans, minister says Read More »
By Yamini Kalia and Yadarisa Shabong (Reuters) -Rentokil Initial warned of lower annual profit on Wednesday after weaker than expected sales in its largest market North America, sending shares of the British pest control company as much as 20% down. This is the third warning about weakness in its North America business in the past …
Rentokil shares fall after third warning on North America weakness Read More »
LONDON (Reuters) – Britain has secured improved terms for 2,500 steel workers set to lose their jobs, the government said on Wednesday, as it recommitted to a 500 million pound ($654 million) investment to help Tata Steel decarbonise its site in Wales. The Labour government, elected in July, tweaked the previous Conservative government’s deal, saying …
UK gets better redundancy terms for 2,500 workers as recommits to Tata Steel deal Read More »
By Catarina Demony LONDON (Reuters) – Close to half of women soccer fans in England and Wales have personally experienced sexist or misogynistic abuse at matches but most have never reported it to authorities, a new study by anti-discrimination charity Kick It Out revealed on Wednesday. Wolf-whistling, being questioned about their knowledge of the rules …
By Linda Pasquini LONDON (Reuters) – Sterling gained slightly versus the dollar on Wednesday, recovering from a dip earlier in the session, but slid against the euro after data showed Britain’s economy stagnated unexpectedly in July, as manufacturing output fell. British economic output showed no change in month-on-month terms in July, as it did in …
Sterling edges up against the dollar after UK data Read More »
(Reuters) – WH Smith reported a higher annual revenue on Wednesday as robust travel demand propelled sales of its products ranging from sandwiches to books, sending the British retailer’s shares up 11%. WH Smith, an over 230-year-old brand, said trading in the new financial year so far was in line with expectations. CONTEXT Strong passenger …
UK retailer WH Smith posts 7% annual revenue growth fuelled by travel demand Read More »
