Reuters UK Domestic

Migrants return to UK processing centre after being left in London

LONDON (Reuters) -Three Afghan asylum seekers who were taken to London from an overcrowded migrant processing centre in southeast England voluntarily returned to the site on Wednesday after being left with nowhere to stay, according to a Reuters photographer. The British government is under pressure over conditions at the site at Manston in Kent, which …

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EU, UK could resolve Northern Ireland trade issues by year-end, Ireland says

BELFAST (Reuters) – Ireland’s foreign minister said it is possible that Britain and the European Union could resolve their long running post-Brexit trade row over Northern Ireland by the end of the year if both sides are willing to compromise. Talks recently resumed for the first time in seven months on the Northern Ireland protocol, …

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UK considering delay to Northern Ireland elections, Ireland minister says

By Amanda Ferguson BELFAST (Reuters) -The UK government could change the law to delay elections in Northern Ireland, the Republic of Ireland’s foreign minister said on Wednesday after a meeting with the British minister for the region. The deadline passed last week for forming a power-sharing government following elections in May and Britain’s Minister for …

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Cut mortgage rates, lawmakers warn banks, as UK house price dip looms

By Lawrence White and Iain Withers LONDON (Reuters) – British lawmakers called on banks to cut high mortgage prices on Wednesday, after a recent bout of political turmoil wreaked havoc on the market for home loans, sending prices rocketing and seeing hundreds of products withdrawn. Market chaos unleashed by former Prime Minister Liz Truss’s unfulfilled …

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Britain to go it alone for now on reining in ‘shadow banking’

By Huw Jones LONDON (Reuters) – Britain, rattled by the recent near meltdown of some pension funds, is pressing ahead to tighten oversight of the so-called shadow banking sector, taking the lead ahead of possible co-ordinated international action. UK regulators could preempt recommendations by the G20’s Financial Stability Board (FSB) to require permanently higher liquidity …

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Cricket-Win over New Zealand a ‘big relief’ says England captain Buttler

BRISBANE (Reuters) – England captain Jos Buttler praised the team’s attitude in their crucial win over New Zealand at the Twenty20 World Cup on Tuesday, saying the result was a “big relief” for his side who kept their semi-final qualification hopes alive. England defeated New Zealand by 20 runs in their Super 12 contest after …

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UK should consider interest cut on banks’ BoE reserves – former deputy governor

LONDON (Reuters) – Britain should consider changing the Bank of England’s policy of paying interest to banks on the reserves they hold there, former BoE deputy governor Charlie Bean said on Tuesday. Bean’s comments follow a proposal from another ex-BoE deputy governor, Paul Tucker, who said the government could save 30-45 billion pounds ($34-$52 billion) …

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