LONDON (Reuters) – British grocer Tesco said it recognised the pressures its suppliers were facing from rising costs but it was not afraid to have “direct conversations” about delivering value for its customers. “We’ve worked closely with our suppliers to provide them with the support they need at this critical time,” Chief Executive Ken Murphy …
Tesco having ‘direct conversations’ with suppliers on prices – CEO Read More »
By Huw Jones (Reuters) -Bank of England Governor Andrew Bailey said bank reforms enacted after the global financial crisis of 2007-09 worked during the recent banking turmoil, but there were questions about whether banks should set aside bigger cash buffers in future. The failure last month of Silicon Valley Bank and two other lenders in …
BoE’s Bailey says bank reforms worked but questions about liquidity buffers Read More »
By Dan Burns and Leika Kihara WASHINGTON (Reuters) – Japan, France and India will announce a new platform for creditors to coordinate restructuring of Sri Lanka’s debt, Japanese Finance Minister Shunichi Suzuki said on Wednesday, adding it would be “very nice” if China were to join the effort. As chair of this year’s Group of …
Japan, France and India to launch platform to coordinate Sri Lanka debt Read More »
By Michael Holden and Sachin Ravikumar LONDON (Reuters) -Britain’s Prince Harry will attend the Coronation next month of his father King Charles but without his wife Meghan, the couple said on Wednesday, bringing an end to months of speculation about whether they would go. Charles will be crowned in a ceremony that dates back 1,000 …
Prince Harry to attend Charles’ coronation, Meghan to stay in California Read More »
By Sam Tobin LONDON (Reuters) – Legal and professional services firm Ince Group Plc plans to enter administration and pursue a sale of the company, it said on Wednesday, amid cash concerns and repeated delays in reporting its financial results. Ince’s directors applied to London’s High Court on Wednesday to appoint administrators under UK insolvency …
UK-listed law firm Ince to seek sale after creditor bows out Read More »
LONDON (Reuters) – British police have charged a man with four counts of manslaughter relating to an incident in December when a small boat carrying migrants from France to Britain capsized in freezing conditions. Lifeboats, helicopters and rescue teams working with the French and British navies responded to the December incident, in which four people …
UK police charge man following December migrant deaths in Channel Read More »
By Steve Holland and Conor Humphries BELFAST (Reuters) -U.S. President Joe Biden was welcomed to Northern Ireland by British Prime Minister Rishi Sunak on Tuesday as he flew in for a brief visit to mark the 25th anniversary of a peace deal that largely ended 30 years of bloodshed. Biden, who is fiercely proud of …
Biden arrives in Northern Ireland to mark peace deal anniversary Read More »
BELFAST (Reuters) – A Belfast man accused of being Britain’s highest-ranking informer within the Irish Republican Army (IRA) has died, an official leading an investigation into his alleged activities said on Tuesday. Freddie Scappaticci, allegedly a leading member of the IRA’s feared internal discipline unit, the “Nutting Squad”, which interrogated suspected informers, left Northern Ireland …
Man accused of being “Stakeknife”, Britain’s top IRA spy, dies Read More »
By Sachin Ravikumar LONDON (Reuters) -Junior doctors in Britain began a four-day strike over pay on Tuesday that is likely to cause unprecedented disruption to the state-funded National Health Service (NHS), prompting the government to warn of a risk to patient safety. Tens of thousands of junior doctors — qualified physicians who make up nearly …
Britain braces for ‘unparalleled’ disruption from doctors’ strike Read More »
LONDON (Reuters) – Britain plans to make it easier to prosecute a large organisation if an employee commits fraud for the benefit of a business, the government said on Tuesday. The interior ministry said businesses which fail to deter fraud will face enforcement action under the new plans and prosecutors will not have to prove …
UK government plans to make businesses liable for workers’ fraud Read More »
