DUBLIN (Reuters) – It is unclear if Britain and the European Union can reach a deal on tweaking post-Brexit trade rules for Northern Ireland in time for the mid-April anniversary of the region’s 1998 peace deal, Irish Prime Minister Leo Varadkar said on Wednesday. “I think we would all love to see a resolution before …
Irish PM says unclear if Northern Ireland protocol deal possible by April Read More »
LONDON (Reuters) – Britain’s manufacturers unexpectedly reduced their prices in December by the most since April 2020, welcome news for the Bank of England which is weighing up how much higher it needs to take interest rates to fight soaring inflation. Output prices fell by 0.8% in December from November, the Office for National Statistics …
UK factories cut prices, helping BoE’s inflation fight Read More »
LONDON (Reuters) – British insurer Aviva on Wednesday maintained its dividend guidance and capital returns outlook as it reported a positive end to trading for the year in its general insurance unit. The company said it expects the group’s full-year combined operating ratio to be around 94.6%, in line with guidance given at its third-quarter …
Aviva keeps dividend, capital returns guidance after UK’s December cold snap Read More »
(Reuters) – UK’s J D Wetherspoon reported a 13.1% rise in like-for-like sales for the 25 weeks to Jan. 22 on Wednesday, as customers spent on drinks and food over the holidays, the first not marred by COVID restrictions. This was 0.7% lower than its pre-pandemic levels, Wetherspoon said. (Reporting by Radhika Anilkumar in Bengaluru; …
UK’s Wetherspoon posts 13.1% rise in sales for 25-wk period Read More »
LONDON (Reuters) – Britain’s official economic forecaster has told the government that it overestimated the prospects for medium-term growth and that it intends to revise down its outlook, the Times newspaper reported on Wednesday. The newspaper said the downgrade would wipe out all of the government’s 9.2 billion pound ($11.34 billion) headroom in the public …
UK economic forecaster to downgrade medium-term growth outlook – Times Read More »
LONDON (Reuters) – Some of Britain’s financial firms won’t be ready to comply with a “step change” in consumer safeguards from July unless they accelerate preparations, the Financial Conduct Authority said on Wednesday. The new ‘consumer duty’ rules set higher standards on financial firms to avoid ripping off customers. Regulators want to draw a line …
UK financial firms told to speed up consumer protection preparations Read More »
(Reuters) – The chief executive of the Welsh Rugby Union (WRU) said the governing body will review their processes and procedures in order to ensure the welfare of employees after allegations of sexism were made in a BBC documentary. In the BBC Wales documentary, aired on Monday, several former female WRU employees, including Charlotte Wathan, …
Rugby-Welsh Rugby Union chief promises review after sexism allegations Read More »
LONDON (Reuters) -British voluntary aid workers Chris Parry and Andrew Bagshaw were killed during an attempted humanitarian evacuation in eastern Ukraine, Parry’s family said on Tuesday, weeks after they were reported missing in the war-torn country. “It is with great sadness we have to announce that our beloved Chrissy has been killed along with his …
Two British aid workers were killed during Ukraine evacuation Read More »
By Alan Baldwin LONDON (Reuters) – The London-based Bahrain Institute for Rights and Democracy (BIRD) urged Formula One’s governing body on Tuesday to allow seven times world champion Lewis Hamilton and other drivers to speak freely on ‘political’ issues. The governing FIA updated its International Sporting Code last December with a clause requiring prior written …
Motor racing-Let Hamilton speak out, says Bahrain rights group Read More »
By Sam Tobin LONDON (Reuters) -Britain must review its refusal to grant development consent for a high-voltage undersea power cable project linking Britain and France, London’s High Court ruled on Tuesday. Investment firm Aquind, which says its undersea cable linking England and Normandy would be able to transmit 16,000,000 MWh of electricity each year, took …
UK must review decision to block UK-France power cable project – court ruling Read More »
