LONDON (Reuters) – British retailer Marks & Spencer will raise hourly pay for over 40,000 store workers by 7% from April a third rise in just over two years that may catch the attention of the Bank of England, which is worried about inflationary pressure in the economy. M&S, said on Tuesday its customer assistants …
Britain’s M&S lifts store worker pay by 7% citing rising living costs Read More »
By Ron Bousso LONDON (Reuters) – BP has decided to end the publication of the Statistical Review of World Energy after more than 70 years and will pass the benchmark report into the hands of the Energy Institute, an industry body, they said on Tuesday. The Statistical Review has been a go-to resource for the …
BP ends 70 years of publishing Statistical Review of World Energy Read More »
By Foo Yun Chee BRUSSELS (Reuters) – OnlyFans, an online platform known for adult content, should pay UK value added tax (VAT) on the full amount paid by subscribers to content creators, not only its 20% cut of the fees, Europe’s top court said on Tuesday, siding with Britain’s tax authority. Founded in 2016 and …
LONDON (Reuters) -British supermarket group Sainsbury’s plans to consolidate five existing Sainsbury’s and Argos general merchandise depots into three, closing two by 2026, in a move that will impact 1,400 workers, it said on Tuesday. The sites proposed to close are in Basildon, south east England, and Heywood, northern England. The jobs impacted will be …
Britain’s Sainsbury’s to close two depots, 1,400 jobs affected Read More »
By Alan Baldwin LONDON (Reuters) – Lewis Hamilton and other Formula One drivers can help steer the sport away from a ‘moral vacuum’ by speaking out at season-opening races in Bahrain and Saudi Arabia, human rights campaigners said on Tuesday. Paul Scriven, a member of Britain’s House of Lords, told a news conference organised by …
Motor racing-Drivers urged to help steer F1 away from ‘moral vacuum’ Read More »
By Susanna Twidale LONDON (Reuters) – Britain’s Rolls-Royce said its 500-million-pound small modular nuclear reactor programme will run out of cash by the end of 2024, risking development of technology the government has said could boost energy security and reach climate targets. Britain is aiming to replace ageing nuclear plants as all but one of …
Exclusive-UK’s Rolls-Royce small nuclear program to run out of cash by end-2024 Read More »
By Aby Jose Koilparambil and Suban Abdulla (Reuters) – British housebuilders Persimmon and Taylor Wimpey publish full-year earnings this week with analysts seeking to establish whether a protracted sector downturn is on the cards. Mortgage approvals slumped in December to levels last seen during the global financial crisis, Bank of England data shows, leaving the …
Sales trend in focus as British housebuilders fight slowdown Read More »
LONDON (Reuters) – New post-Brexit trading arrangements agreed between Britain and the European Union are about improving the situation for the people of Northern Ireland, not any one political party, Prime Minister Rishi Sunak said on Tuesday. When asked on BBC Radio whether he would impose the new deal without the backing of Northern Ireland’s …
UK PM Sunak: New Northern Ireland deal not about any one political party Read More »
LONDON (Reuters) – The leader of Northern Ireland’s Democratic Unionist Party (DUP) said a new provision to stop new European Union trade rules from applying to goods in Northern Ireland did appear to give its Stormont regional assembly the ability to apply a brake. “I do think that what has been proposed at first reading …
Northern Ireland’s DUP: New deal does give Stormont ability to apply brake Read More »
By Ian Ransom (Reuters) – New Zealand pulled off a remarkable one-run win over England on Tuesday as lionhearted paceman Neil Wagner’s heroics saw the hosts become just the fourth side in test history to claim victory after being asked to follow on. Wagner took four wickets and two crucial catches at Wellington’s Basin Reserve, …
Cricket-Wagner wills New Zealand to dramatic one-run win over England Read More »
