Reuters UK Domestic

LONDON (Reuters) – Security staff based in Britain and contracted by the international rail operator Eurostar have cancelled strike action planned for Dec. 22-23 after receiving an improved pay offer, their trade union said on Wednesday. The National Union of Rail, Maritime and Transport Workers (RMT) said contractor Mitie had made a pay offer of …

Eurostar security staff in UK cancel Dec. 22-23 strike after pay offer Read More »

LONDON (Reuters) -Britain will provide up to 4.5 billion pounds ($5.44 billion) to help fund Octopus Energy’s takeover of collapsed energy supplier Bulb and related energy purchase hedging costs, the government said on Wednesday. The acquisition, approved by the Department for Business, Energy & Industrial Strategy (BEIS) in October, closed just before midnight on Tuesday …

UK announces 4.5 billion-pound funding facility for energy firm Bulb’s takeover Read More »

By David Milliken LONDON (Reuters) -Former U.S. Federal Reserve official Randall Kroszner will join the Bank of England’s Financial Policy Committee (FPC) as a part-time external member for three years starting in February 2023, Britain’s finance ministry said on Wednesday. Kroszner was a governor on the Federal Reserve’s board from 2006 to 2009 and is …

UK names ex-Fed official Kroszner to BoE’s Financial Policy Committee Read More »

(Reuters) -The British government’s post-Brexit settlement scheme for EU citizens is unlawful, London’s High Court ruled on Wednesday. The Independent Monitoring Authority, a body funded by the government to oversee citizens’ rights, took the action against the Home Office, arguing Britain is breaching its withdrawal agreement with the European Union by requiring EU citizens to …

UK’s post-Brexit settlement scheme for EU citizens unlawful, London court rules Read More »

LONDON (Reuters) – Britain’s health minister Steve Barclay on Wednesday said people should use their common sense as the healthcare system will be under pressure as ambulance workers strike on Wednesday. “I think just use their common sense the system will be under very significant pressure,” he told BBC News. “I think people can see …

Use common sense as ambulance workers strike, UK minister says Read More »

LONDON (Reuters) – Britain has issued the final licences to Virgin Orbit for the first satellite launch take-off from UK soil, the Civil Aviation Authority said on Wednesday. “Today we are one step closer to opening the UK’s galactic gateway, with Virgin Orbit receiving a historic first licence to allow the UK’s first ever spaceflight …

UK space regulator licenses Virgin Orbit for spaceflight launch Read More »

(Reuters) – Purplebricks Group PLC, Britain’s biggest online-only real estate agency, will cut more than 10% of its workforce as part of a cost-cutting program, The Times reported on Wednesday. The company will lay off more than 100 of its staff of about 800 as part of the program, which is set to conclude on …

Britain’s Purplebricks to cut more than 10% of jobs – The Times Read More »