LONDON (Reuters) -Bank of England interest rate-setter Jonathan Haskel said signs of a slowdown in Britain’s economy did not imply a need for less tightening of monetary policy and the central bank should “stand firm” against the risk of persistent inflation pressure. A very tight labour market and Britain’s poor record on investment meant the …
BoE should stand firm on inflation despite economic slowdown-Haskel Read More »
LONDON (Reuters) -A British man who worked in the UK embassy in Berlin has pleaded guilty to eight offences under the Official Secrets Act related to passing on information useful to Russia. David Ballantyne Smith, who was living in Potsdam, Germany and was employed as a security guard at the embassy, was extradited to Britain …
British worker at UK embassy in Berlin pleads guilty to Russia spying charges Read More »
By James Davey LONDON (Reuters) – British supermarket group Asda returned to underlying sales growth in its latest quarter, helped by the popularity of its new value range amongst cash-strapped shoppers, it said on Friday. The group, Britain’s third largest grocer after market leader Tesco and Sainsbury’s, said on Friday its like-for-like sales, excluding fuel, …
Britain’s Asda returns to sales growth as shoppers snap up value range Read More »
LONDON (Reuters) – The British foreign office said on Friday it has summoned Iran’s most senior diplomat over alleged threats by Iranian security forces to journalists in the UK. “I summoned the Iranian representative today to make clear that we do not tolerate threats to life and intimidation of any kind towards journalists, or any …
Britain summons Iran’s senior diplomat over alleged threats to UK journalists Read More »
LONDON (Reuters) – British foreign minister James Cleverly and his French counterpart have stressed the “urgency of tackling all forms of illegal migration” including small boats crossings across the English Channel, the British foreign ministry said on Friday. “They welcomed progress made towards a significant new UK-France agreement and in this respect the conclusion of …
UK, France discuss ‘urgency’ of tackling illegal migration Read More »
By Michael Holden LONDON (Reuters) – The British government has ordered some documents to be kept secret by an inquiry into the death of a woman killed by the Novichok nerve agent following the 2018 attempted murder of former Russian spy Sergei Skripal, the inquiry heard on Friday. Dawn Sturgess died from exposure to Novichok …
UK orders some details to be kept secret in Novichok poisoning inquiry Read More »
By William Schomberg LONDON (Reuters) – British finance minister Jeremy Hunt should rethink his plans to raise taxes and cut spending in next week’s budget, a think-tank said, warning that many households would need further government help even without a fresh squeeze on the public finances. The National Institute of Economic and Social Research (NIESR) …
UK think-tank urges Hunt to think again on budget squeeze Read More »
By Andrew MacAskill LONDON (Reuters) – The only vote that Britain’s humiliated former health minister is likely to win these days is being nominated to undertake repellent tasks to win food in a reality TV programme in the Australian jungle. Matt Hancock, who resigned from the government after breaking his own COVID-19 distancing rules when …
Disgraced former UK health minister seeks redemption in reality TV jungle Read More »
By Andrew MacAskill and Michael Holden LONDON (Reuters) -The British government said on Thursday it had frozen assets worth more than 18 billion pounds ($20.5 billion) held by Russian oligarchs, other individuals and businesses sanctioned over Moscow’s invasion of Ukraine. Russia has overtaken Libya and Iran to become Britain’s most-sanctioned nation, the Office of Financial …
Britain has frozen 18 billion pounds worth of Russian assets Read More »
LONDON (Reuters) -British finance minister Jeremy Hunt said on Friday that “extremely difficult” decisions were required to restore confidence and economic stability, after data showed that the economy shrank in the third quarter. “I am under no illusion that there is a tough road ahead – one which will require extremely difficult decisions to restore …
UK’s Hunt: “extremely difficult” decisions needed for economic stability Read More »
