(Reuters) – British car production dropped 6% in September, an industry body said on Thursday, as the sector continues to bear the brunt of high energy costs, supply-chain snags and component shortages. The Society of Motor Manufacturers and Traders (SMMT) said 63,125 units were made in Britain in September, nearly half of the levels seen …
Britain’s car output drops 6% as supply woes persist Read More »
LONDON (Reuters) – British Prime Minister Rishi Sunak told his Irish counterpart Micheal Martin his preference was for a negotiated solution to a dispute with the European Union over post-Brexit trade with Northern Ireland, a Downing Street spokeswoman said. “Discussing the Northern Ireland Protocol, the prime minister set out that his preference remained a negotiated …
UK’s Sunak prefers a negotiated outcome on N. Ireland trade -spokeswoman Read More »
By Ian Ransom MELBOURNE (Reuters) -England’s hopes of reaching the T20 World Cup semi-finals suffered a major dampener on Wednesday after the former champions slumped to a shock loss to Ireland as rain forced an early finish at the Melbourne Cricket Ground. Chasing 158 for victory, England were 105 for five with 5.3 overs left …
Cricket-Rain, Ireland put England’s T20 World Cup in peril Read More »
LONDON (Reuters) -Britain’s biggest airport Heathrow reported a nine-month loss of 442 million pounds ($507 million) and warned it was unlikely to return to pre-pandemic demand for several years. “Headwinds of a global economic crisis, war in Ukraine and the impact of COVID-19 mean we are unlikely to return to pre-pandemic demand for a number …
Heathrow Airport says return to pre-pandemic demand years away Read More »
By William James and Sachin Ravikumar LONDON (Reuters) – Britain’s new Prime Minister Rishi Sunak on Wednesday delayed the announcement of a keenly awaited plan for repairing the country’s public finances until Nov. 17, two-and-a-half weeks later than previously planned. The postponement, Sunak’s first policy decision since taking over from Liz Truss on Tuesday, briefly …
UK’s Rishi Sunak delays plan to plug Britain’s budget black hole Read More »
(Reuters) – European champions England will take on Copa America winners Brazil in the inaugural women’s “Finalissima” at London’s Wembley Stadium on April 6 next year, UEFA announced on Wednesday. England beat Germany in the European Championship final in July to lift their first major title while Brazil sealed an eighth continental crown in nine …
Soccer-England to face Brazil in women’s ‘Finalissima’ at Wembley in April 2023 Read More »
By William Schomberg and Paul Sandle LONDON (Reuters) – Britain’s new Prime Minister Rishi Sunak earned cheers from his lawmakers and plaudits from political commentators on Wednesday as he locked horns with the opposition Labour Party in parliament for the first time since becoming leader. Sunak, seeking to end a period of political instability that …
New UK PM Sunak cheers his gloomy lawmakers with parliament debut Read More »
By Sam Tobin LONDON (Reuters) – London’s High Court on Wednesday lifted a temporary block on a case brought by former investors in defunct oil group Yukos seeking to enforce a $50 billion arbitration award against Russia in Britain. Judge Christopher Butcher ruled that the High Court could lift the so-called stay, which was imposed …
UK court paves way for ruling on Russian immunity in $50 billion Yukos award Read More »
LONDON (Reuters) – British government bond yields rose on Wednesday as finance minister Jeremy Hunt pushed back his upcoming fiscal statement into November, a complication for investors and the Bank of England as they try to judge the inflation outlook. The fiscal update had been due on Monday but in a televised announcement, Hunt pushed …
UK gilt yields rise as budget statement pushed back Read More »
LONDON (Reuters) – Fracking will be banned in England under Prime Minister Rishi Sunak, reversing a decision made by his predecessor Liz Truss, as the new British leader returned to a 2019 Conservative Party manifesto pledge. During her short term as prime minister, Truss had lifted a moratorium on fracking, arguing last month that strengthening …
New UK PM Sunak commits to fracking ban – spokesman Read More »
