Reuters UK Domestic

UK’s RMT suspends rail strikes after proposal by train companies

LONDON (Reuters) -Britain’s RMT has suspended nationwide rail strikes planned for March 30 and April 1 after a proposal by train companies which the trade union said could lead to a resolution in the long-running row over pay and conditions. Tens of thousands of rail workers have staged several waves of industrial action since last …

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Bank of England: more volatility could expose UK financial weak spots

LONDON (Reuters) -More sharp moves in asset prices could expose weaknesses in parts of Britain’s financial system, the Bank of England warned on Wednesday, with confidence in international banks shaken recently by some high-profile failures. In a letter to lawmakers, the BoE said the strains affecting global banks could still hurt Britain’s economy, through higher …

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Muted opposition: UK’s Sunak wins Northern Ireland trade vote in parliament

By Elizabeth Piper and Kylie MacLellan LONDON (Reuters) -British Prime Minister Rishi Sunak won the backing of parliament on Wednesday for a key element of a reworked post-Brexit deal on Northern Ireland despite opposition from the province’s biggest unionist party and some of his lawmakers. Sunak has tried to end years of wrangling over Brexit …

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FTSE 100 gains ahead of Bank of England meeting; Fed in focus

By Shashwat Chauhan and Shristi Achar A (Reuters) -London’s FTSE 100 rose on Wednesday after a wobbly start following data showing a surprise jump in domestic inflation, while markets waited for the U.S. Federal Reserve to announce its latest interest rate decision. The blue-chip FTSE 100 index reversed an earlier fall to close 0.4% higher, …

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UK PM Sunak paid over 1 million pounds in tax over last three financial years – tax filings

LONDON (Reuters) -British Prime Minister Rishi Sunak published details of his personal tax filings on Wednesday, showing he had paid more than 1 million pounds ($1.22 million) in tax in the three financial years to April 2022. According to his filings, the British leader received almost 330,000 pounds last year from his prime ministerial salary, …

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Boris Johnson to vote against Rishi Sunak’s Brexit deal -Telegraph

(Reuters) – Boris Johnson will vote against British Prime Minister Rishi Sunak’s Brexit deal on Wednesday, the Telegraph newspaper said. In a statement, the former prime minister told the paper the deal proposals would keep Northern Ireland “captured by the EU legal order” and were “not acceptable”. (Reporting by Akriti Sharma in Bengaluru; Editing by …

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UK says to provide nearly two billion stg to improve energy efficiency, cut emissions

(Reuters) – The British government on Wednesday said it will provide 1.8 billion pounds ($2.20 billion) to boost energy efficiency and cut emissions of homes and public buildings across England. The amount is awarded through the Social Housing Decarbonisation Fund and Public Sector Decarbonisation Scheme and could save tenants between 220 pounds and 400 pounds …

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