Reuters UK Domestic

Eurosceptics rubbish UK post-Brexit fix as ‘practically useless’

By Elizabeth Piper and Andrew MacAskill LONDON (Reuters) -Eurosceptic Conservatives rubbished a key element of a deal with the EU on Northern Ireland as “practically useless” on Tuesday, calling on lawmakers to study a legal review of British Prime Minister Rishi Sunak’s plans before deciding how to vote. Sunak has sought to end years of …

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Explainer-How will the ‘partygate’ inquiry into Boris Johnson work?

LONDON (Reuters) – Former British prime minister Boris Johnson will be grilled by lawmakers on Wednesday as they decide whether he intentionally misled parliament about illegal parties at his office during coronavirus lockdowns. Below is a look at how parliament’s privileges committee is conducting its inquiry and how it could affect Johnson, who remains an …

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Britain, Israel aim to deepen tech, trade, security ties

LONDON (Reuters) – Britain and Israel will sign an agreement aimed at deepening technology, trade and security ties over the next seven years when foreign minister James Cleverly meets his Israeli counterpart in London on Tuesday. Israel’s Eli Cohen is visiting London to sign the new roadmap for relations with Britain. “Our roadmap will allow …

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Credit Suisse takeover sends shockwaves through London’s banking sector

By Lawrence White, Sinead Cruise and Iain Withers LONDON (Reuters) -Bankers in London braced for hundreds of potential job losses and a hit to Britain’s already-dented financial sector after the historic rescue of Credit Suisse by Swiss rival UBS. Credit Suisse staff had already been seeking to jump ship in recent weeks, sources told Reuters. …

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SSE to invest $122 million in Scottish pumped hydro project

LONDON (Reuters) – British power generator SSE will invest 100 million pounds ($122 million) in a Scottish pumped hydro scheme which could help boost the country’s energy storage capacity, it said on Tuesday. Pumped hydro plants work by pumping water uphill to a higher reservoir before releasing it to enable water to flow downhill through …

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Britain’s financial industry plans blueprint for post-Brexit ‘kickstart’

By Huw Jones LONDON (Reuters) – Top officials from Britain’s financial sector said on Tuesday they would set out a blueprint later this year to “kickstart” London’s role as a post-Brexit global financial centre by 2030. The City of London, home to Britain’s historic financial district, said that Lloyd’s insurance market, asset manager Schroders, auditor …

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Northern Ireland’s DUP to vote against key part of new Brexit deal

By Kylie MacLellan and Amanda Ferguson LONDON/BELFAST (Reuters) -Northern Ireland’s Democratic Unionist Party on Monday said it would vote against a key element of the British government’s agreement with the European Union on post-Brexit trade rules, in a blow for British Prime Minister Rishi Sunak. But leader Jeffrey Donaldson said his party might yet be …

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UK PM’s office: We’re ready to reassure DUP, but no plans to change new Brexit deal

LONDON (Reuters) – British Prime Minister Rishi Sunak is ready to reassure Northern Ireland’s Democratic Unionist Party (DUP) over the deal with the European Union to smooth post-Brexit trade but has no plans to change the agreement, his spokesperson said on Monday. The DUP said they would vote against a key element of the so-called …

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Britain’s RMT union accepts improved pay offer from Network Rail

LONDON (Reuters) – Rail workers at Britain’s RMT trade union have voted to accept an improved pay offer from Network Rail, ending a long-running dispute with the organisation which owns and maintains train infrastructure, the union said on Monday. Earlier this month, the rail union suspended planned strike action, which has caused widespread disruption to …

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