Reuters UK Domestic

Flutter welcomes new UK gambling laws as ‘significant moment’ for sector

DUBLIN (Reuters) – Flutter, the world’s largest online betting company, said it welcomed the planned publication on Thursday of long-awaited British government proposals to crack down on problem gambling. “We welcome the publication of the White Paper, which marks a significant moment for the UK gambling sector. Whilst we will need to review the detail …

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Jamaica cool on Charles’ coronation as it eyes break with monarchy

By Kate Chappell KINGSTON, Jamaica (Reuters) – While Britain prepares to celebrate the coronation of King Charles III, its former colony Jamaica is distinctly cool on having a new head of state from a distant land. The process to sever ties with the British monarchy is underway, following in the footsteps of another former Caribbean …

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Hundreds of Britons evacuated from Sudan expected in Cyprus

By Michele Kambas LARNACA, Cyprus (Reuters) -Britain on Wednesday ramped up an airlift of its citizens from war-torn Sudan to Cyprus before a 72-hour ceasefire was due to expire, and about 400 people were evacuated so far, officials said. A 72-hour ceasefire between Sudan’s warring factions was set to expire late on Thursday though efforts …

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UK illegal migration bill approved by parliament’s lower house

LONDON (Reuters) -A new British law which seeks to bar the entry of asylum seekers arriving in small boats across the Channel was approved by the lower house of parliament on Wednesday, after the government accepted several amendments from rebel Conservatives. Prime Minister Rishi Sunak has made stopping small boat arrivals one of his five …

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UK blocks Microsoft’s $69 billion Activision deal over cloud gaming concerns

By Paul Sandle LONDON (Reuters) – Britain will block Microsoft’s $69 billion acquisition of “Call of Duty” maker Activision Blizzard over concerns it would hinder competition in cloud gaming, dealing an unexpected blow to the biggest-ever deal in gaming. The country’s antitrust regulator said on Wednesday that Microsoft’s commitment to offer access to Activision’s multi-billion …

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US subsidies make UK financial reform urgent, business warns

By Huw Jones LONDON (Reuters) – U.S. clean technology subsidies are sucking capital from Europe, making it more urgent to improve London as a global financial centre, business bosses told UK lawmakers on Wednesday. The Inflation Reduction Act (IRA), which offers $369 billion of tax credits, research loans and grants for clean technology investments in …

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Britain’s Drax announces $187 million buyback, lowers annual capex outlook

(Reuters) – Drax Group Plc announced a 150 million pound ($186.60 million) share buyback programme and lowered its annual capital expenditure forecast, after it paused further investment in projects to capture and store carbon dioxide in the UK. The British power generator said on Wednesday it intended to commence the buyback programme in the second …

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