Reuters UK Domestic

Recruiter Hays boosted by record net fees, but cautious on outlook

(Reuters) -Global recruitment company Hays said employers had reduced the number of new temporary hires but extended existing contracts, helping it to post record net fees in the three months to March, despite a tough permanent job market. Inflation and concern of recession have led many companies to cut jobs or freeze hiring, while shifting …

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Britain announces funding for next stage of fighter project with Japan and Italy

LONDON (Reuters) – Britain said on Friday it had allocated over $800 million for the next phase of its fighter jet programme with Japan and Italy, with a major contract awarded to BAE Systems. The three countries agreed to join forces on the Global Combat Air Programme (GCAP) to develop a next-generation fighter jet in …

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Biden and UK’s Sunak did not discuss intel leaks, White House says

LONDON (Reuters) – U.S. President Joe Biden did not discuss the leak of intelligence documents with British Prime Minister Rishi Sunak when the two men met in Northern Ireland this week, White House press secretary Karine Jean-Pierre said on Thursday. “It did not come up, the leaked documents, in that conversation,” she told reporters in …

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Biden urges N.Ireland leaders to seize ‘incredible economic opportunity’

By Steve Holland, Amanda Ferguson BELFAST (Reuters) -U.S. President Joe Biden urged Northern Irish political leaders to restore their power-sharing government with the promise that scores of major U.S. corporations were ready to invest in the region as he marked the 25th anniversary of peace in Belfast. Biden, who is fiercely proud of his Irish …

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Britain’s Hunt: GDP figures show there’s ‘no room for complacency’

LONDON (Reuters) – British finance minister Jeremy Hunt said on Thursday there was no room for complacency in tackling low growth and high inflation after data showed the economy stagnated in February, hurt by strikes among public workers. “The growth numbers show there is absolutely no room for complacency. Inflation is higher than we want, …

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Profits at Britain’s Tesco to stall as inflation fight lingers

By James Davey and Paul Sandle LONDON (Reuters) -Britain’s biggest retailer Tesco said it was unlikely to grow its profits this year as inflation continued to take a toll on its customers and suppliers, after it recorded a 6.3% drop in 2022/23. With a 27% market share, Tesco has navigated the unprecedented cost inflation better …

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