Reuters UK Domestic

Banker fired over sexual harassment sues Barclays for $700,000

By Kirstin Ridley LONDON (Reuters) – A former Barclays director, fired for sexual harassment and other misconduct, is suing the British bank for more than 584,600 pounds ($719,412), arguing that female colleagues fabricated allegations and that his dismissal was unfair. Robert Record, once a senior wealth manager overseeing assets worth 580 million pounds, was dismissed …

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Disappointment for King Charles as first overseas visit as monarch is postponed

By Michael Holden LONDON (Reuters) – King Charles’ first state visit to France as British monarch, postponed on Friday because of widespread social unrest, was supposed to be an occasion celebrating a new chapter of harmony in relations between London and Paris. Instead, a visit that would have featured a banquet at the old royal …

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UK’s Sunak raises concerns over Israel’s judiciary with Netanyahu

By Muvija M and Kylie MacLellan LONDON (Reuters) -British Prime Minister Rishi Sunak stressed the importance of upholding democratic values when he received Israeli counterpart Benjamin Netanyahu for talks on Friday, referring to a move to overhaul Israel’s judiciary that has stirred mass protests. Netanyahu has faced weeks of uproar over his religious-nationalist coalition’s pursuit …

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Britain to bolster post-Brexit criminal sanctions to keep markets clean

By Huw Jones LONDON (Reuters) -Rules inherited from the European Union that crack down on abuses in financial markets need updating to ensure regulators can tackle breaches, Britain’s finance ministry and Financial Conduct Authority (FCA) said on Friday. The criminal market-abuse regime, which sets out sanctions for insider dealing and manipulative behaviour in markets, was …

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UK consumer mood hits one-year high, but financial gloom persists

(Reuters) – British consumer confidence rose this month to its highest level in a year, helped by improving sentiment around the economy and despite persistent gloom over personal finances, a survey showed on Friday. Market research firm GfK’s consumer confidence index rose to -36 in March, in line with the consensus in a Reuters poll …

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Tourists to get chance to walk in King Charles’ coronation footsteps

LONDON (Reuters) – London’s Westminster Abbey said visitors will get the chance this summer to follow King Charles’ coronation footsteps, getting access for the first time in living memory to an area sealed off to the public. Charles will be crowned on May 6 at the church where coronations for English and British monarchs have …

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BBC halts ‘Top Gear’ filming following former cricketer Flintoff’s December crash

(Reuters) – The BBC has abandoned filming of the latest series of motoring programme “Top Gear” following an investigation into a December crash that injured former England cricketer Andrew Flintoff, the British broadcaster said on Thursday. Flintoff, 45, who quit cricket in 2010 and joined Top Gear as a host in 2019, was injured in …

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Teachers in Wales accept pay offer, easing threat of more UK strikes

LONDON (Reuters) – Teachers in Wales have accepted a new pay offer following a consultation, their trade union said on Thursday, ending one part of a dispute that has caused disruptive strikes by thousands of teachers across Britain. The National Education Union (NEU) said 73% of its teacher members in Wales who responded to a …

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Central banks face tougher task reining in price rises, BoE’s Mann says

By Howard Schneider WASHINGTON (Reuters) – Central banks face a tougher time controlling inflation than in the recent past, and will need a clear understanding of businesses’ pricing decisions to do so, Bank of England policymaker Catherine Mann said on Thursday. Mann, speaking at an event in Washington hosted by the Peterson Institute for International …

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