By Andrew MacAskill LONDON (Reuters) -Britain’s new Labour government said on Friday it would resume funding to the U.N. Palestinian refugee agency UNRWA in the first major change in how it will approach the Israel-Palestinian conflict after winning power earlier this month. Britain was one of several countries to halt their funding to the U.N. …
Britain will resume funding to UN Palestinian refugee agency UNRWA Read More »
LONDON (Reuters) – British Prime Minister Keir Starmer is being kept updated on the global tech outage that has disrupted a range of industries but he has not convened a so-called COBRA meeting to discuss civil contingencies, his spokesperson said. Officials from the COBRA Unit, which manages the government’s response to a national emergency, are …
By Purvi Agarwal and Roshan Abraham (Reuters) – London stocks finished the week lower amid a global cyber outage on Friday as investors assessed a fall in domestic retail sales in June, while commodity-linked stocks dropped, tracking declines in prices of copper, gold and other metals. The blue-chip FTSE 100 index was down 0.6%. The …
UK stocks end with weekly losses as commodity-linked stocks weigh Read More »
By Sinead Cruise LONDON (Reuters) -For ultra-wealthy entrepreneur Bassim Haidar, living in London has become an expensive indulgence he can no longer justify. While new British Prime Minister Keir Starmer settles into No. 10 Downing St, Haidar is searching for homes in Greece and Monaco, because a proposed inheritance tax revamp will make Britain a …
Analysis-Globally mobile millionaires threaten to desert Britain over tax Read More »
(Reuters) – Britain’s competition regulator said on Friday it has cleared Nationwide Building Society’s proposed 2.9-billion-pound ($3.75 billion) all-cash deal to buy Virgin Money UK. The deal, which was announced in March and is expected to close in the fourth quarter, could create the country’s second-largest savings and mortgage provider, after Lloyds Banking Group, the …
UK clears Nationwide Building’s $3.75 billion Virgin Money deal Read More »
LONDON (Reuters) – Ukrainian President Volodymyr Zelenskiy arrived in Downing Street on Friday where he was due to meet Prime Minister Keir Starmer and his top ministers. Zelenskiy took part in a meeting of the European Political Community in Britain on Thursday. (Reporting by William Schomberg; editing by Sarah Young)
By William Schomberg LONDON (Reuters) -Britain’s government borrowed a lot more than forecast in June, according to official data published on Friday that highlighted the big budget challenges facing the new government of Prime Minister Keir Starmer. Public sector net borrowing, excluding state-controlled banks, was a larger-than-expected 14.5 billion pounds ($18.75 billion) last month. A …
UK borrowing overshoot underscores task for new government Read More »
LONDON (Reuters) – Britain’s Sky News, one of the country’s major television news channels, was off air on Friday. “Sky News have not been able to broadcast live TV this morning, currently telling viewers that we apologise for the interruption,” the broadcaster’s executive chairman David Rhodes said on X. A global tech outage was affecting …
UK’s Sky News unable to broadcast live, chairman says Read More »
(Reuters) -British investment platform Hargreaves Lansdown said on Friday its new customers and net new business rose in the fourth quarter, after more investors made tax-saving investments at the end of the fiscal year. Hargreaves, which is also set to agree to a takeover deal with a CVC-backed consortium, said net new clients jumped 85% …
UK’s Hargreaves Lansdown adds more clients on year-end tax-savings investments Read More »
NOTTINGHAM, England (Reuters) -England’s Ollie Pope rode his luck to make 121 and lead the hosts to a rapid 416 all out on the first day of the second test against West Indies at Trent Bridge on Thursday. Dropped on 46 and 54, Pope compiled his sixth test century as the hosts built on Ben …
Cricket-Pope, Duckett, Stokes give England strong start v Windies Read More »
