Reuters UK Domestic

London Stock Exchange welcomes thaw in EU relations, sees no ‘cliff’ for clearing

2 Mar 2023

By Huw Jones LONDON (Reuters) – London Stock Exchange Group said on Thursday it welcomed a thaw in relations between Britain and the European Union, and does not expect the company’s clearing arm to be cut off from customers in the bloc from June 2025. Existing permission from Brussels for London-based clearing institutions to continue …

London Stock Exchange welcomes thaw in EU relations, sees no ‘cliff’ for clearing Read More »

UK Supreme Court hears landmark patent case over AI “inventor”

2 Mar 2023

By Sam Tobin LONDON (Reuters) – An American computer scientist on Thursday urged the United Kingdom’s Supreme Court to rule he is entitled to patents over inventions created by his artificial intelligence system, in a landmark case about whether AI can own patent rights. Stephen Thaler wants to be granted two patents in the UK …

UK Supreme Court hears landmark patent case over AI “inventor” Read More »

British RAF chief calls it ‘unacceptable’ for China to recruit western military pilots

2 Mar 2023

SYDNEY (Reuters) – Britain’s air force chief says it was “unacceptable” its former pilots were being recruited to train Chinese military, and intelligence agencies in Australia and Britain had shared information to warn pilots against working for Beijing. In October Britain said it would change the law to make it an offence for a former …

British RAF chief calls it ‘unacceptable’ for China to recruit western military pilots Read More »

Prince Harry and Meghan have been asked to vacate UK home – spokesperson

1 Mar 2023

LONDON (Reuters) -Prince Harry and his wife Meghan have been asked to vacate Frogmore Cottage, the house within the grounds of King Charles’s Windsor Castle estate they use when in Britain, a spokesperson for the couple said on Wednesday. Earlier, the Sun newspaper reported the house had been offered by the monarch to his brother, …

Prince Harry and Meghan have been asked to vacate UK home – spokesperson Read More »

Revolut auditor flags concern about $576 million of revenue in long-delayed 2021 accounts

1 Mar 2023

By Stefania Spezzati LONDON (Reuters) -Revolut Ltd’s auditor BDO LLP was not able to independently verify three-quarters of the 636 million pounds ($765 million) of revenue reported by the fintech firm in its long-delayed 2021 accounts. The accounts were signed off this week after months of delays, following a revamp of Revolut’s internal accounting systems …

Revolut auditor flags concern about $576 million of revenue in long-delayed 2021 accounts Read More »

Commodity-linked stocks drive FTSE 100 higher on China demand hopes

1 Mar 2023

By Shashwat Chauhan and Ankika Biswas (Reuters) -The UK’s FTSE 100 started March on a strong footing as higher commodity prices lifted mining stocks after manufacturing activity in top metals consumer China expanded at the fastest pace in over a decade. The blue-chip index closed 0.5% higher on Wednesday, bouncing after its steepest single-day drop …

Commodity-linked stocks drive FTSE 100 higher on China demand hopes Read More »

Britain reappoints Jonathan Hall to BoE’s Financial Policy Committee

1 Mar 2023

LONDON (Reuters) – Britain’s finance ministry said on Wednesday it had reappointed Jonathan Hall to a second term on the Bank of England’s Financial Policy Committee, which monitors systemic risks to financial stability. Hall, formerly a portfolio manager at hedge fund Eisler Capital and a partner at Goldman Sachs, will start his new three-year term …

Britain reappoints Jonathan Hall to BoE’s Financial Policy Committee Read More »

Reckitt’s sales beat estimates on higher prices, infant formula

1 Mar 2023

By Richa Naidu LONDON (Reuters) – Reckitt Benckiser, maker of Dettol and Lysol cleaning products, on Wednesday marginally beat full-year like-for-like net revenue expectations, helped by higher prices and its nutrition and health businesses. The company said it would target like-for-like net revenue growth of mid-single digits for 2023, excluding the substantial boost its 2022 …

Reckitt’s sales beat estimates on higher prices, infant formula Read More »

What has changed? Pro-Brexit Conservatives question UK PM Sunak’s deal

1 Mar 2023

By Elizabeth Piper and Alistair Smout LONDON (Reuters) – A small group of pro-Brexit Conservative lawmakers are swimming against the tide of almost universal approval for a new deal between Britain and the EU on trade rules for Northern Ireland, questioning whether it fundamentally changes anything. After more than three years of wrangling over the …

What has changed? Pro-Brexit Conservatives question UK PM Sunak’s deal Read More »

Close Bitnami banner
Bitnami