Reuters UK Domestic

LONDON (Reuters) – Bank of England Governor Andrew Bailey said on Wednesday that Britain’s very tight labour market was a key reason why further interest rate increases were likely. “It is still a very tight labour market, as yesterday’s labour market statistics demonstrated,” Bailey told lawmakers from parliament’s Treasury Committee. Britain’s jobless rate rose and …

BoE’s Bailey: ‘very tight’ labour market key to rates outlook Read More »

NUSA DUA, Indonesia (Reuters) – British Prime Minister Rishi Sunak on Wednesday accused Russian President Vladimir Putin of launching indiscriminate attacks on civilians in Ukraine. Speaking at a news conference on the sidelines of the G20 summit in Bali, Sunak criticised Russia for firing missiles at Ukraine just as the G20 met to seek a …

UK PM slams Russia for firing missiles as G20 sought Ukraine war resolution Read More »

By Sarah Young LONDON (Reuters) – Britain issued its first spaceport licence on Wednesday, paving the way for the country’s maiden satellite launch later this year as it looks to become Europe’s leading space industry player. The licence was issued to Spaceport Cornwall. The Civil Aviation Authority (CAA), the UK regulator, also said it was …

Britain issues first spaceport licence ahead of maiden satellite launch Read More »

LONDON (Reuters) -A planned G20 meeting between British Prime Minister Rishi Sunak and President Xi Jinping of China has been cancelled due to “scheduling issues”, a Downing Street spokesperson said on Wednesday. The schedule at the summit on the Indonesian island of Bali has been disrupted by an emergency meeting called after a missile killed …

UK says Sunak, China’s Xi cancel G20 meeting due to scheduling issues Read More »

(Reuters) -U.S. President Joe Biden and British Prime Minister Rishi Sunak affirmed their strong support for Ukraine on Wednesday as they met for talks that included the blast that took place in Poland and challenges posed by China, the White House said. The two leaders, who met on the sidelines of a G20 summit in …

Biden and Sunak discuss Ukraine, China, Northern Ireland Read More »

(Reuters) – SSE Plc, a British renewable power generator and network operator, posted a higher half-year profit on Wednesday, buoyed by strong performances from its thermal power plants amid high energy prices. The group, however, said its renewable output for the six-month period ended Sept. 30 was impacted by unfavourable weather. A surge in gas …

UK’s SSE posts higher half-year profit on high prices, thermal power output Read More »

MELBOURNE (Reuters) – England captain Jos Buttler said his team may struggle to fire up for the ODI series against Australia after only a few days’ rest in the wake of their T20 World Cup triumph. England, who beat Pakistan in the final in Melbourne on Sunday, meet Australia at Adelaide Oval on Thursday in …

Cricket-England may not be at best for Australia ODIs: Buttler Read More »

(Reuters) – Premier Foods reported a rise in half-yearly adjusted profit on Wednesday on strong demand for its cakes and grocery products, while flagging further price pressures amid surging inflation. “We continue to see further input cost inflation, which we expect to recover through a combination of cost savings and our annual price increase in …

Mr Kipling maker Premier Foods posts higher half-year adjusted profit Read More »