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John Glen appointed Chief Secretary to UK Treasury – statement

LONDON (Reuters) – British lawmaker John Glen was appointed as Chief Secretary to the Treasury, Prime Minister Rishi Sunak’s office said on Tuesday, replacing Edward Argar. The role is one of the most senior ministerial positions within the finance ministry and carries responsibility for organising government departmental spending. Glen has previously served as City Minister …

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Retailers Tesco and Lidl fight over logo’s trademark in UK court

By Sam Tobin LONDON (Reuters) -Britain’s biggest retailer Tesco tried to revive part of its lawsuit against discount supermarket Lidl on Tuesday, telling a London court that its German-owned rival had applied for trademarks for a yellow circle against a blue background in “bad faith”. Tesco filed a counterclaim against Lidl in 2021, in response …

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UK’s Chris Heaton-Harris re-appointed as N. Ireland minister

LONDON (Reuters) – British lawmaker Chris Heaton-Harris was re-appointed as Northern Ireland minister by new Prime Minister Rishi Sunak, a government statement said on Tuesday. Heaton-Harris last week said that if a government was not formed in Northern Ireland by Friday Oct. 28, he would be “required by law” to call a fresh election. (Reporting …

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UK’s Badenoch re-appointed as trade minister, takes on equalities brief

LONDON (Reuters) -British lawmaker Kemi Badenoch on Tuesday was re-appointed as trade minister and also given the role of equalities minister, Prime Minister Rishi Sunak’s office said in a statement. Badenoch, who earlier this year was a contender in a Conservative Party leadership contest to replace then Prime Minister Boris Johnson, backed Sunak in the …

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Sunak as prime minister must aim to keep UK globally competitive -HSBC CEO

By Lawrence White LONDON (Reuters) – Rishi Sunak becoming Britain’s next prime minister will help stabilise markets after a period of turmoil, but his new team should ensure it is focused on keeping London competitive as a global financial centre, the CEO of lender HSBC said. Sunak has said the country faces a “profound economic …

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Sunak will do his best for Britain, billionaire father-in-law says

NEW DELHI (Reuters) -Rishi Sunak will do his best for Britain when he takes over as prime minister on Tuesday, said his father-in-law, Indian billionaire N.R. Narayana Murthy, the founder of software giant Infosys. The 42-year-old, a practising Hindu who traces his roots to India, will be Britain’s first prime minister of colour and its …

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Swift rise to PM, but some doubt Rishi Sunak can win UK elections

By Elizabeth Piper and William Schomberg LONDON (Reuters) – Elected for the first time to parliament in 2015, Rishi Sunak became Britain’s youngest prime minister in more than 200 years on Monday, tasked with steering the country through an economic crisis and mounting anger among some voters. It is a remarkable return for Sunak who …

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Factbox-What is Rishi Sunak’s solution to Britain’s problems?

LONDON (Reuters) – Since entering the contest to be British prime minister, frontrunner Rishi Sunak has said little publicly about how he intends to run the country and how he would address multiple economic and political crises. Sunak ran unsuccessfully to be prime minister earlier this year, setting out a full policy platform. Although some …

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