By Andy Bruce and Ana Nicolaci da Costa LONDON (Reuters) -The biggest jump in food prices since 1980 pushed British inflation back into double digits last month, matching a 40-year high hit in July in a new blow for households grappling with a cost-of-living crisis. The Office for National Statistics said the consumer price index …
Soaring food prices push UK inflation back to 40-year high Read More »
By Marie-Louise Gumuchian LONDON (Reuters) – Rapper Little Simz won the Mercury Prize for her fourth studio album “Sometimes I Might Be Introvert” on Tuesday, triumphing over contenders including Harry Styles and indie rock duo Wet Leg for the British music award. The 28-year-old, previously nominated in 2019 for album “Grey Area”, was among favourites …
Little Simz wins Mercury Prize for album “Sometimes I Might Be Introvert” Read More »
BERLIN (Reuters) -German exports to Britain this year could grow for the first time since 2015, statistics office data showed, but the DIHK business association said the numbers did not mark a turn for the better, especially in light of Britain’s current turbulence. From January to August, German companies sold goods worth 48 billion euros …
Positive trend in German exports to Britain no cause for optimism – DIHK Read More »
LONDON (Reuters) – Another Conservative Party leadership contest would not help financial markets stay calm, Britain’s foreign minister James Cleverly said on Wednesday. “What I’m not convinced by, far far from convinced by, is that going through another leadership campaign, defenestrating another prime minister, will either convince the British people that we’re thinking about them …
LONDON (Reuters) – British finance minister Jeremy Hunt said on Wednesday that the government will prioritise help for the most vulnerable as latest data showed that the annual rate of consumer price inflation inched up to 10.1% in September. “This government will prioritise help for the most vulnerable while delivering wider economic stability and driving …
UK finance minister says will prioritise “help for most vulnerable” as inflation rises Read More »
BRUSSELS (Reuters) – The European Union’s foreign policy chief Josep Borrell on Tuesday denied that comments he made last week were racist and apologised for any offence caused by the remarks that had prompted criticism from the United Arab Emirates. The United Arab Emirates on Monday summoned the acting head of the mission at the …
EU’s top diplomat denies ‘jungle’ comments were racist Read More »
By Andy Bruce and William Schomberg LONDON (Reuters) -The Bank of England said it would start selling some of its huge stock of British government bonds from Nov. 1 but would not sell this year any longer-duration gilts that have been in the eye of a recent storm in the British government bond market. The …
BoE to start selling bonds on Nov. 1, but not longer-dated gilts Read More »
LONDON (Reuters) -British railway workers union RMT set out plans on Tuesday for three days of strikes in early November, saying the action was in response to employer Network Rail trying to “impose” changes to working practices. The union, which has more than 83,000 members from the transport industry, said walkouts were planned for Nov. …
UK’s rail union to stage three days of strikes next month Read More »
(Reuters) – England’s Rugby Football Union said on Tuesday it was working with Wasps, the club’s administrators and the top division Premiership to look into the possibility of a buyer taking over the Coventry-based side. Wasps made 167 players and staff redundant, British media reported, after going into administration on Monday, a week after they …
Rugby-RFU working with Wasps, administrators to find possible buyers Read More »
By Kirstin Ridley and Carolyn Cohn LONDON (Reuters) -Mark Steward, head of enforcement at Britain’s Financial Conduct Authority (FCA), is stepping down in early 2023 and a global search for his successor will begin shortly, the markets watchdog said on Tuesday. Steward, one of the last members of the old executive team at the FCA …
UK regulator’s head of enforcement to step down in 2023 Read More »
