By James Davey LONDON (Reuters) – UK grocery inflation has slowed this month to its lowest level since September 2021, coinciding with the fastest rise in monthly supermarket shopper numbers so far this year, industry data showed on Tuesday. Market researcher Kantar said annual grocery price inflation was 1.6% in the four weeks to July …
LONDON (Reuters) – Vanquis Banking Group on Tuesday warned investors it did not expect to meet its goal to deliver a low single-digit return on tangible equity for its full year, as it tackles an in-depth balance sheet review and challenging trading. Chief Executive Ian McLaughlin said the comprehensive review of the lender’s finances had …
Vanquis Bank says will miss some return, capital targets Read More »
By Mitch Phillips BERLIN (Reuters) – If Marc Guehi’s last-gasp header had hit the net maybe England would have gone on to become European champions on Sunday but instead Dani Olmo cleared off the line and it was Spain who took the glory and handed Gareth Southgate another agonising defeat. Having come from behind for …
Soccer-“Fine margins” as Southgate’s England miss out on a trophy again Read More »
LONDON (Reuters) -U.S. technology firm InterDigital and a patent licensing platform on Monday won their bid to throw out a London lawsuit by Tesla, which was seeking a patent licence ahead of the automaker’s launch of 5G vehicles in Britain. Elon Musk’s company sued InterDigital and Avanci – which licenses patents from multiple owners, largely …
Tesla’s UK lawsuit for 5G patents licence thrown out by UK court Read More »
By Purvi Agarwal and Roshan Abraham (Reuters) -Britain’s FTSE 100 closed lower on Monday, pressured by weaker commodity prices and U.S. political uncertainty, while shares of luxury retailer Burberry plunged to a 14-year low. The blue-chip FTSE 100 index fell 0.85%, while the mid-cap FTSE 250 dipped 0.1%. Both indexes snapped three sessions of gains. …
FTSE 100 ends lower on Burberry profit warning, US political worries Read More »
LONDON (Reuters) – A security alert briefly interrupted King Charles and Queen Camilla’s trip to the Channel Island of Jersey on Monday, although the royal couple were able to resume their visit shortly afterwards. The royals were visiting the Jersey Expo event when they were pulled away by royal aides after a small issue of …
Security alert briefly interrupts King Charles and Camilla’s Jersey visit Read More »
LONDON (Reuters) – Uber’s rival taxi operators will not face a 20% tax charge on their profit margins outside of London after a court on Monday overturned a ruling that private-hire operators enter into a contract with passengers. Uber had brought the case following a 2021 decision by the United Kingdom’s Supreme Court that its …
Uber’s UK court win over tax on rival apps overturned on appeal Read More »
(Reuters) – Britain’s new foreign secretary, David Lammy, will press for an immediate ceasefire in Gaza and the release of hostages during a trip to Israel and occupied Palestinian territories on Sunday, the foreign office said. Lammy will meet Israeli Prime Minister Benjamin Netanyahu and Palestinian President Mahmoud Abbas and make the case for a …
UK’s new foreign minister Lammy seeks immediate ceasefire in Middle East trip Read More »
LONDON (Reuters) – Bank of England interest rate-setter Swati Dhingra said inflation in Britain was unlikely to rise sharply again and the central bank should bring down borrowing costs. “Now is the time to start normalising (interest rates) so we can then finally stop squeezing living standards the way we have been to try and …
Bank of England’s Dhingra says rates should come down now Read More »
MADRID (Reuters) -A rescue team on the Spanish island of Tenerife on Monday found human remains in the area where British teenager Jay Slater went missing nearly a month ago and evidence strongly suggests they are his, police said. The Guardia Civil police force said in a statement that he may have died due to …
Spanish rescuers find remains thought to be of missing Briton Jay Slater Read More »
