LONDON (Reuters) – Britain experienced its hottest year on record in 2022, the national weather service confirmed on Wednesday, saying that human-induced climate change had made the temperature rise around 160 times more likely. The Met Office said the average annual temperature topped 10 degrees Celsius for the first time, the highest in records dating …
UK’s 2022 was hottest year on record, says forecaster Read More »
LONDON (Reuters) – Investors sold a record 8.38 billion pounds ($10 billion) worth of UK-focused equity funds last year, shunning Britain as the country braces for the worst recession among major economies, a global funds network said. Calastone said on Thursday that investment fund flows in 2022 were the weakest in at least eight years, …
UK equity funds saw record $10 billion outflows in 2022-Calastone Read More »
LONDON (Reuters) -British discount retailer B&M said comparable sales rose 6.4% in its key Christmas quarter, showing that shoppers sought out value options as they grappled with the cost-of-living crisis. Reflecting strong momentum during the 13 week period to Dec. 24, the FTSE 100 group also said on Thursday it intended to pay a special …
UK discount retailer B&M sales rise in Christmas quarter Read More »
LONDON (Reuters) – British food-to-go retailer Greggs reported a 18.2% rise in like-for-like sales in its final quarter, helping take its total sales for 2022 to a better-than-expected 1.51 billion pounds ($1.82 billion). The baker and fast-food chain, which sells sausage rolls, coffee and festive bakes, said it continued to see material cost inflation but …
UK’s Greggs reports 18% rise in Q4 like-for-like sales Read More »
By David Milliken LONDON (Reuters) -Britain’s government will set out next week how it intends to scale back subsidies for businesses’ soaring energy costs, after finance minister Jeremy Hunt described the current programme as “unsustainably expensive”. The current six-month programme, which runs until the end of March, was predicted to cost 18.4 billion pounds ($22.2 …
LONDON (Reuters) – The British Museum said on Wednesday it was holding “constructive discussions” with Greece over the Parthenon Sculptures amid renewed speculation that the 2,500-year-old marbles could soon be returned to Athens. Greece has repeatedly called for the permanent return of the sculptures that British diplomat Lord Elgin removed from the imposing Parthenon temple …
British Museum says in ‘constructive’ discussions over Parthenon marbles Read More »
LONDON (Reuters) – British workers belonging to the GMB trade union at an Amazon warehouse in central England are set to walk out on Jan. 25 over a pay row, the union said on Wednesday, warning that further dates will be laid out “in the coming weeks”. In response, the U.S. tech giant said it …
Amazon workers at UK warehouse to strike on Jan. 25 – union Read More »
By Elizabeth Piper and Andy Bruce LONDON (Reuters) – Prime Minister Rishi Sunak promised on Wednesday to tackle Britain’s most serious problems, from cutting inflation to reducing illegal migration, in a speech aimed at convincing his restive lawmakers he can lead them into the next election. In a speech that was high on ambition but …
Five promises: PM Sunak vows to tackle Britain’s most serious problems Read More »
LONDON (Reuters) – Prime Minister Rishi Sunak said on Wednesday that Britain needed to have the confidence to “do things differently and better,” in a speech setting out his government’s priorities in the new year. “We need to have the imagination and confidence to do things differently and better. The vision to do today, what …
Rishi Sunak says UK needs to have the confidence to do things differently Read More »
LONDON (Reuters) – British Prime Minister Rishi Sunak on Wednesday pledged to halve inflation and grow the economy as he laid out the government’s priorities in his first major speech in the new year. “First, we will halve inflation this year to ease the cost of living and give people financial security,” Sunak said during …
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