Reuters UK Domestic

Superdry boss has no current plans to take group private

LONDON (Reuters) – Julian Dunkerton, the founder and chief executive of British fashion retailer Superdry, has no current plans to take the group private, the company said on Thursday following media reports he was considering that move. “While there has been speculation that he is considering taking Superdry private, he said that there were ‘no …

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UK’s Royal Mail workers to strike for 24 hours on Feb. 16, union says

LONDON (Reuters) – Postal workers at Britain’s Royal Mail will strike for 24 hours on Feb. 16 in a long-running dispute over pay, the CWU (Communication Workers Union) said on Thursday. “We have served notice on Royal Mail Group for a 24-hour strike commencing for all shifts starting after 12:30pm on Thursday 16th February,” the …

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Shell 2022 profit more than doubles to record $40 billion

By Ron Bousso and Shadia Nasralla LONDON (Reuters) – Shell delivered a record $40 billion profit in 2022, the energy giant said on Thursday, capping a tumultuous year in which a surge in energy prices after Russia’s invasion of Ukraine allowed it to hand shareholders unprecedented returns. The British company’s record earnings, which more than …

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Britain’s BT reaffirms guidance despite inflationary pressure

LONDON (Reuters) – BT stuck to its full-year outlook on Thursday despite the pressure of high energy costs and other inflationary headwinds, as it reported a 3% dip in third-quarter adjusted revenue, just below market expectations. Britain’s biggest broadband and mobile operator said demand for faster connections was strong, with a record 155,000 customers signing …

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Cricket-‘Box office’ Archer ready to be patient after injury return

(Reuters) – Jofra Archer said it is a “surreal” feeling to be back playing cricket again after a lengthy injury lay-off and the England speedster knows he must be patient during his comeback in an important year for the team. Archer spent 17 months on the sidelines with back and elbow injuries before returning to …

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UK pharma body urges govt to scrap hike in repayment rate for drugmakers

(Reuters) – UK’s pharmaceutical trade body on Thursday called for the government to scrap its plans to raise the repayment rates for drugmakers, to avoid possible setbacks in the sector. Drugmakers that are part of UK’s voluntary scheme agreement, which makes branded medicines affordable for people, are required to pay a part of their drug …

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UK defence minister: Sending jets to Ukraine not right approach ‘for now’

LONDON (Reuters) – Britain has not made a “solid decision” not to send its fighter jets to Ukraine but does not think it is the right approach at the moment, Defence Secretary Ben Wallace said on Wednesday. “I’ve been involved with this for a pretty long time. And I’ve learned two things; never rule anything …

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Cricket-Buttler, Malan smash tons as England seal big win over S Africa

(Reuters) -Jos Buttler and Dawid Malan struck superb centuries and Jofra Archer took six wickets as a resurgent England secured a 59-run victory over hosts South Africa in the third and final one-day International in Kimberley on Wednesday. South Africa won the toss and sent England into bat, reducing the visitors to 14-3 before Buttler …

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