DOHA (Reuters) – It may be a long way from the desert heat of Qatar, but nowhere will Tuesday’s World Cup clash between Wales and England have more resonance than in the village of Llanymynech. Straddling the border between the two nations, Llanymynech’s 2,000 or so residents have been counting down the days to the …
Soccer-Wales v England clash splits border village down the middle Read More »
By Sarah Young and Aiden Nulty LONDON (Reuters) – In an underground World War Two air raid shelter where London tube trains can be heard rattling overhead, aromatic coriander leaves tilt towards the pink glow of LED bulbs – a vision of how farms could look in the future. Zero Carbon Farms grows herbs and …
Food of the future: London air raid shelter to underground farm Read More »
By Suban Abdulla LONDON (Reuters) -BT said on Monday it had struck a wage deal that could bring an end to industrial action after it agreed to pay all but its most senior staff in Britain a special rise reflecting the rising cost of living. Britain’s former telecoms monopoly has, like many other large employers …
Britain’s BT nears union deal with new cost-of-living pay rise Read More »
LONDON (Reuters) -Britain’s government sought on Monday to defuse a simmering row over a push by some Conservative lawmakers to make it easier to build onshore wind farms by saying Prime Minister Rishi Sunak supported such projects where there is local consent. Sunak, in power for a month, has come under pressure from lawmakers in …
UK government moves to defuse parliamentary row over onshore wind Read More »
LONDON (Reuters) – Britain’s financial watchdog on Monday published rules for payment of compensation to more than 1,000 former members of British Steel’s pension scheme for being wrongly advised to move their retirement savings. Financial advisers must compensate those affected by February 2024, with more than 1,000 steelworkers expected to receive an average of 45,000 pounds …
UK watchdog sets out pension redress rules for steelworkers Read More »
LONDON (Reuters) – Britain’s financial watchdog on Monday published rules for payment of compensation to more than 1,000 former members of British Steel’s pension scheme for being wrongly advised to move their retirement savings. Financial advisers must compensate those affected by February 2024, with more than 1,000 steelworkers expected to receive an average of 45,000 pounds …
UK watchdog sets out pension redress rules for steelworkers Read More »
LONDON (Reuters) – British drug discovery company C4X Discovery said AstraZeneca had signed a licence worth up $402 million to develop an oral therapy for the treatment of inflammatory and respiratory diseases using its NRF2 Activator programme. C4XD said on Monday it would receive pre-clinical milestone payments worth up to $16 million ahead of the …
UK’s C4X Discovery signs $400 million licensing deal with AstraZeneca Read More »
LONDON (Reuters) – British fashion group Superdry said it is in negotiations to refinance borrowings of up to 70 million pounds ($85 million) with Bantry Bay Capital as it races to secure new backing before the facility expires at the end of January. Superdry, which is best known for its hoodies and jackets, stressed the …
UK’s Superdry in talks with Bantry Bay to refinance $85 million facility Read More »
LONDON (Reuters) – British business minister Grant Shapps said on Monday there was no excuse for media covering protests to be beaten by police, after the BBC said Chinese police had assaulted and detained one of its journalists in Shanghai. “There can be absolutely no excuse whatsoever for journalists who are simply covering the protests …
UK minister: No excuse for Chinese police beating journalists Read More »
By Joice Alves, Vincent Flasseur and Samuel Indyk LONDON (Reuters) – Paris’ luxury-laden stock exchange is now worth more than London’s. But although size matters, there are other indicators highlighting the UK capital’s popularity with investors. While the UK has seen a larger exodus from equity funds since 2020 than Paris, companies have raised more …
A tale of two stock markets: how London still trumps Paris for investors Read More »
