DUBAI (Reuters) – British-Iranian relations, which have been strained for decades, were back in the spotlight after Iranian authorities sentenced to death British-Iranian national Alireza Akbari for spying, charges he denies. Here is a timeline of main developments since the 1950s: 1953 – Britain and the United States help orchestrate the overthrow of popular Prime …
Iran and Britain’s history of strained relations Read More »
LONDON (Reuters) – Britain’s finance ministry said on Friday that its top economist, Clare Lombardelli, will become the chief economist at the Paris-based Organisation for Economic Cooperation and Development after the country’s next budget in March. Lombardelli has worked in the British government since 2005 after starting her career at the Bank of England. (Reporting …
UK finance ministry’s top economist to join OECD Read More »
LONDON (Reuters) – British Prime Minister Rishi Sunak will travel to Scotland and meet first minister Nicola Sturgeon on Thursday for a private working dinner, as part of efforts to reset the two nations’ strained ties. Sunak makes his first official visit to Scotland since taking office in October at a time when both countries …
Resetting ties, UK’s Sunak to have private dinner with Scotland’s Sturgeon Read More »
(Reuters) -Britain’s National Grid’s 2-gigawatt power link with France, IFA1 interconnector, reported a second unplanned outage of 1000 MW on Thursday, after facing a similar outage for a few hours earlier in the day, Elexon Remit data showed. The cause of the latest outage, which started at 1619 GMT and was projected to last until …
UK-France power link reports second unplanned 1000 MW outage Read More »
By Michael Holden ABOYNE, Scotland (Reuters) -Britain’s King Charles and Prince William made their first public appearances on Thursday since the release of the monarch’s son Prince Harry’s tell-all memoir and TV interviews in which he made accusations against them and other royals. In his book “Spare”, Harry divulges that he had begged his father …
King Charles, Prince William make first appearances since Harry’s memoir Read More »
By Alistair Smout LONDON (Reuters) -British Prime Minister Rishi Sunak met Blackstone Inc Chief Executive Stephen Schwarzman on Thursday, receiving one of Wall Street’s most prominent figures at his Downing Street office ahead of next week’s Davos summit. A Reuters reporter saw Schwarzman enter Downing Street, the site of the Prime Minister’s official residence, accompanied …
UK PM Sunak meets Blackstone’s Schwarzman in Downing Street Read More »
(Reuters) -Premier Inn owner Whitbread Plc reported higher third-quarter sales on Thursday, helped by strong demand for accommodation in the UK and higher room rates as people travelled for the first Christmas without pandemic curbs despite a cost of living crisis in Britain. Budget hotel chains in particular have seen robust demand as consumers switch …
Premier Inn-owner Whitbread Q3 sales rise on strong UK bookings Read More »
LONDON (Reuters) -British retailer Marks & Spencer reported strong Christmas sales, with demand for turkeys helping to deliver its highest ever share of the food market and partywear boosting its clothing sales. Chief Executive Stuart Machin said M&S outperformed the market in food in both volume and value in the four-week Christmas period for the …
UK’s M&S reports strong Christmas sales in food and clothing Read More »
(Reuters) -British motoring and cycling parts retailer Halfords trimmed its annual profit outlook on Thursday, weighed down by a softer-than-expected demand in cycling and tyre markets on the back of a cost-of-living crisis. Businesses are battling inflationary pressures and tepid demand as soaring prices of everything from energy to food are forcing British consumers to …
Retailer Halfords cuts annual profit outlook as demand slides Read More »
LONDON (Reuters) -Online fashion retailer ASOS reported a 3% fall in revenue over the four months to the end of December, hurt by weaker demand and delivery disruption in its biggest market Britain and making it one of the laggards in the sector. Britain is in the midst of a cost-of-living crisis but rival retailers …
