Reuters UK Domestic

Britain mulls buy now, pay later to make basic financial advice cheaper

By Huw Jones LONDON (Reuters) – Britain’s financial watchdog proposed new rules on Wednesday to encourage cheaper advice on simple stock investments from April 2024 by allowing consumers to pay fees in instalments. The new rules target consumers with savings of at least 10,000 pounds ($12,017) to invest for at least five years in a …

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Finance needs to shatter ‘class ceiling’, says UK report

By Huw Jones LONDON (Reuters) – Half of senior leaders in Britain’s financial and professional services should come from a working class or intermediate social background by 2030, a government-backed taskforce recommended on Wednesday. There are already longstanding voluntary targets for women, ethnic minority and Black staff in top financial roles, and attention is now …

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Soccer-‘As long as I’m wanted’ – Bale vows to play for Wales after World Cup exit

By Manasi Pathak AL RAYYAN, Qatar (Reuters) – Wales captain Gareth Bale vowed to keep playing for the national team amid doubts over his future after they were knocked out of the World Cup in the group stage with a 3-0 defeat by England in Tuesday’s so-called “Battle of Britain”. Returning to the World Cup …

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UK record labels, platforms not profitable enough to share with creators – CMA

(Reuters) – Britain’s antitrust watchdog said on Tuesday that record labels and streaming services were not likely making significant excess profits that could be shared with artists or songwriters. The concerns raised by music artists over how much they earn from streaming were not driven by the level of concentration of the recording market, the …

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Half of Britain’s free-range Christmas turkeys lost to bird flu crisis

LONDON (Reuters) -Britons may struggle to get hold of a free-range turkey or goose for the Christmas table this year after an industry head said about half of them have either died or been culled due to the country’s largest-ever outbreak of avian flu. Richard Griffiths, chief executive of the British Poultry Council, told lawmakers …

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Up to 100,000 nurses across England, Wales, N. Ireland to strike -union

LONDON (Reuters) – Nurses at half of all National Health Service locations in England, including London’s Great Ormond Street Hospital for Children, will take part in unprecedented strikes next month over pay, their trade union said on Tuesday. The Royal College of Nursing (RCN) had already said that nurses would walk out on Dec. 15 …

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UK landlord Shaftesbury sees strong recovery in consumer spending

(Reuters) – British commercial landlord Shaftesbury Plc on Tuesday saw a strong recovery in consumer spending at its properties in London’s West End and sustained demand, despite a worsening cost-of-living crisis. UK landlords exposed to fashion retailers and hospitality firms have recovered from their pandemic battering and are primed to benefit from a Christmas season …

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