Reuters UK Domestic

UK’s Hunt appoints new economic advisors including ex-BoE official Haldane

LONDON (Reuters) – British finance minister Jeremy Hunt has appointed three new members, including former Bank of England Chief Economist Andy Haldane, to an advisory panel he set up in October to bolster the government’s reputation for economic competence. The Economic Advisory Council was established by Hunt after the then-Prime Minister Liz Truss’s tax cut …

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Britain’s digital finance firms under pressure after banking turmoil, execs say

By Iain Withers and Elizabeth Howcroft LONDON (Reuters) -Digital finance firms in Britain will find it tougher to raise funds due to higher interest rates and investor caution after the collapse of U.S.-based technology lender Silicon Valley Bank (SVB), executives told an industry event on Monday. The Bank of England has raised interest rates 11 …

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Britain has enough gas for summer demand, National Gas Transmission says

By Marwa Rashad and Susanna Twidale LONDON (Reuters) – Britain will have sufficient gas supply to meet demand from April to September and is expected to sustain flows to Europe, the UK’s National Gas Transmission company said on Tuesday. Total UK gas demand was forecast at 33.25 billion cubic metres (bcm) this summer versus 42.08 …

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UK energy regulator cracks down on forced prepayment meter installations

LONDON (Reuters) -British energy market regulator Ofgem said on Tuesday it had agreed a new, tougher code of practice with energy suppliers on the forced installation of prepayment meters (PPMs) to better protect vulnerable customers. In February, Ofgem asked all suppliers to stop such forced installations and began a review after a report in The …

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Northern Ireland peacemakers urge parties to find courage to break deadlock

By Amanda Ferguson BELFAST (Reuters) – The architects of Northern Ireland’s 1998 peace deal urged the region’s leaders on Monday to find the courage to break a deep political stalemate, with former Irish prime minister Bertie Ahern warning the alternative did not bear thinking about. The 25th anniversary of the Good Friday Agreement, which largely …

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Horse racing-Trainer blames Grand National protesters for horse’s death

LONDON (Reuters) – The trainer of a horse that died in Saturday’s Grand National has blamed animal rights activists and accused them of disrupting the race for publicity purposes. The start at Aintree was delayed by 14 minutes after protesters forced their way into the grounds. Police arrested 118 people. Animal rights groups say the …

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Grand National: muted event for UK bookmakers amid cost-of-living crisis

By Yadarisa Shabong and Muhammed Husain (Reuters) – Corach Rambler’s victory at the weekend’s Grand National produced mixed results for bookies, and betting on one of Britain’s most popular sporting events was muted, British bookmakers said on Monday. The Grand National, which attracts bets from regular gamblers and those who never normally place a bet, …

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Rishi Sunak investigated over wife’s interest in UK childcare firm

By Kylie MacLellan and Alistair Smout LONDON (Reuters) -British Prime Minister Rishi Sunak is being investigated by parliament’s standards watchdog over whether he properly declared his wife’s shareholding in a childcare company which stands to benefit from new government policy. Parliament’s Commissioner for Standards began the investigation over a “declaration of interest” on April 13, …

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UK national park ditches burning beacon logo in climate-friendly rebrand

By Farouq Suleiman LONDON (Reuters) – A British national park, which attracts millions of visitors every year, has ditched its burning beacon logo and changed its name to reflect its Welsh-language roots in a rebranding designed to strip out any association with carbon emissions. The rugged and picturesque Brecon Beacons, covering around 520 square miles …

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