Reuters UK Domestic

By Nick Carey LONDON (Reuters) – Britishvolt, the UK startup which struggled to raise funds for an major electric vehicle battery factory in northern England, filed for administration on Tuesday in a blow to the country’s hopes of building a home-grown battery industry. Britishvolt’s failure marks a step back for Britain’s car sector as industry …

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LONDON (Reuters) -Thousands of British train drivers will stage a fresh two-day walkout next month over a pay dispute, the country’s main transport workers’ unions said on Tuesday in a coordinated move that will cause further disruption to travel. The ASLEF union said roughly 12,500 train drivers will participate in strikes planned for Feb. 1 …

UK train drivers to strike next month in coordinated move Read More »

(Reuters) – Britain’s competition regulator said on Tuesday it has begun investigating British supermarket group Asda Stores’ purchase of Co-Operative Group’s petrol forecourt estate. The Competition and Markets Authority (CMA) said it had until March 14 to make its phase 1 decision on whether the deal will reduce competition in the UK. Asda is planning …

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By Alistair Smout LONDON (Reuters) – Prime Minister Rishi Sunak will not extend an end-of-year deadline to replace European Union laws that were retained after Britain left the bloc, his office said on Tuesday. Legislation enabling the replacement of EU laws is due to be debated in parliament on Wednesday amid criticism from opponents that …

UK PM Sunak will not extend deadline to replace EU laws – spokesman Read More »

LONDON (Reuters) – British train drivers at 14 rail operators will walk out on Feb. 1 and Feb. 3 over a pay dispute, the RMT trade union said, posing further disruption to travellers after another workers union set out similar plans earlier on Tuesday. (Reporting by Muvija M; editing by William James)

By Andrew MacAskill and Paul Sandle LONDON (Reuters) – Tech bosses could be jailed in Britain if their platforms fail to protect children from online harm after the government agreed to toughen a proposed law to avoid the prospect of a first parliamentary defeat for the prime minister. Rishi Sunak faced losing a vote in …

Tech bosses could face jail after UK govt backs down over online harm Read More »

By Elizabeth Howcroft and Carolyn Cohn LONDON (Reuters) – UK property investment returns fell 10.4% in 2022, in a sharp turnaround from gains of 20% in 2021, MSCI’s monthly UK property index showed on Tuesday. Much of the losses came in the second half of the year, which saw returns of -18%, the index showed. …

UK property investment returns fall 10.4% in 2022 – MSCI Read More »

(Reuters) – The London Stock Exchange Group and Thomson Reuters Corp will expand a long-term partnership that will include investments in the newsroom and an agreement to launch consumer subscription products, the companies said on Tuesday. The agreement resolves a dispute over plans by Reuters News in 2021 to launch a subscription paywall for the …

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LONDON (Reuters) – Online retail platform THG <THG.L> warned on profit on Tuesday after its revenue growth missed its target, which it blamed on the termination of some loss-making OnDemand sales, disruption in deliveries in December and delays in new contracts. The British group, which owns beauty and nutrition brands, said it expected to report …

UK’s THG warns on profit after major revenue miss Read More »