Reuters UK Domestic

FTSE 100 inches up as investors assess Powell’s comments; Hiscox gains

By Johann M Cherian and Shristi Achar A (Reuters) -Britain’s FTSE 100 edged up on Wednesday as investors parsed comments from U.S. Federal Reserve Chair Jerome Powell, while insurer Hiscox rose on better-than-expected full-year results. The blue-chip FTSE 100 ended up 0.1% while the mid-cap FTSE 250 fell 0.5%. Powell said that Fed officials have …

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Prince Archie and Princess Lilibet: royal titles for Prince Harry’s kids

LONDON (Reuters) – The children of Britain’s Prince Harry and his wife Meghan will be known as prince and princess, with the couple publicly using their daughter’s royal title for the first time to announce she had been christened. Under royal rules, the monarch’s grandchildren can become princes or princesses of the realm, meaning that …

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Prince Harry lawsuit against newspaper publisher set for May trial

LONDON (Reuters) -Britain’s Prince Harry’s lawsuit against the publisher of the Daily Mirror newspaper over allegations of phone hacking will go to trial in May, a judge at London’s High Court ruled on Wednesday. Harry, the Duke of Sussex, is one of several public figures whose lawsuits against Mirror Group Newspapers (MGN) will be considered …

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UK regulator tells Heathrow to cut fees in win for airlines

By Sarah Young LONDON (Reuters) -Britain’s aviation regulator told Heathrow Airport on Wednesday it will have to cut the fees it charges airlines over 2024-2026, bowing to pressure from airlines who have long said charges at the hub are too high. The Civil Aviation Authority (CAA) announced that Heathrow, Britain’s biggest airport, could charge an …

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Priced out of work by childcare, could UK parents hold key to growth?

By Kylie MacLellan, Ben Makori and Hannah McKay CLITHEROE, England (Reuters) -Last year, mother-of-two Louise Sharples found herself turning down a new job she knew she would love because when she added up the cost of full-time childcare for her young daughters, it was more than she would have earned. After 12 years as a …

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UK regulator cracks down on illicit London crypto ATMs

LONDON (Reuters) – Britain’s markets regulator and police have swooped on suspected illegal crypto cashpoints (ATMs) across east London as authorities step up attempts to disrupt unregistered businesses deemed high risk for consumers. The Financial Conduct Authority (FCA), which last month launched a similar crackdown in the northern English city of Leeds, said on Wednesday …

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UK government denies plan to expel asylum seekers breaks law despite criticism

By Andrew MacAskill LONDON (Reuters) – Britain’s interior minister Suella Braverman said on Wednesday the government’s proposals to stop almost all migrants ever claiming asylum were legal despite warnings that the legislation would break international laws and be challenged in the courts. Lawyers and charities said the plans would breach the United Nations convention on …

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EU restarts work on EU-UK regulatory forum after Northern Ireland deal

By Huw Jones (Reuters) – The European Union’s executive body said on Wednesday it will finalise a long-delayed discussion forum for EU and UK financial regulators, once the deal on Northern Ireland has been implemented by Britain. The forum, similar to what the EU already has with the United States, was due to have been …

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Britain’s Hunt to keep tight budget with eye on 2024 election

By William Schomberg LONDON (Reuters) – British finance minister Jeremy Hunt looks set to keep his grip on public finances in next week’s budget, holding off on any big tax cuts or spending increases until the next election comes closer into view. Lawmakers in Hunt’s governing Conservative Party want him to halt April’s sharp jump …

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