Reuters UK Domestic

Analysis-UK housebuilders may cut dividends as surging rates deter buyers

By Aby Jose Koilparambil (Reuters) – British housebuilders may cut dividends to preserve cash and ride out a property downturn, as high mortgage rates make homes less affordable and economic uncertainty deters buyers. The move by Persimmon in November – to scrap its dividend policy and rule out a special dividend – has started what …

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BoE’s Pill sees risk of persistent inflation, even if gas prices fall

By David Milliken LONDON (Reuters) -Bank of England Chief Economist Huw Pill said on Monday that Britain is at risk of persistent inflationary pressure from a tight labour market, even if natural gas prices stabilise or fall, implying further rate rises may be needed. Pill’s speech – the first on monetary policy this year by …

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UK, EU working on data access to resolve post-Brexit trade row

LONDON (Reuters) -Britain agreed on Monday a way forward on sharing live data with the European Union on trade with Northern Ireland, a step towards resolving longstanding issues arising from post-Brexit trade rules governing the region. British foreign minister James Cleverly and European Commission Vice President Maros Sefcovic said the deal in London was an …

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Britain’s bruised royals stay silent as Prince Harry lets ‘light in on magic’

By Michael Holden and Hanna Rantala LONDON (Reuters) – Some 150 years ago, the acclaimed constitutional writer Walter Bagehot wrote that the British monarchy needed reverence and mystery. “We must not let in daylight upon magic,” he wrote. With their six-part Netflix documentary series, a succession of high-profile TV interviews and a tell-all memoir, all …

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England rushes to discharge hospital patients to ease bed-blocking crisis

By Andrew MacAskill LONDON (Reuters) – England’s National Health Service (NHS) aims to begin discharging thousands of patients into care homes and other settings in the next few weeks in an effort to free up desperately needed beds during one of its toughest ever winters. The state-run health service, which delivers free care for to …

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Seeking Northern Ireland solution, UK foreign minister hosts EU talks

LONDON (Reuters) – British foreign minister James Cleverly will on Monday seek to inject fresh momentum into talks with the EU on resolving disputes over a post-Brexit trade relationship when he hosts the European Commission Vice-President Maros Sefcovic in London. There is growing optimism in Britain and parts of the EU that a resolution is …

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