By Carolyn Cohn and Kirstin Ridley LONDON (Reuters) -Insurers have won key parts of a complex legal battle with British pubs group Stonegate, MS Amlin said after Monday’s judgment on the 1 billion pound ($1.13 billion) lawsuit against three top insurers over losses related to coronavirus. Insurers have already paid out more than 1.5 billion …
Insurers win key aspects of Stonegate COVID-19 lockdown case- MS Amlin Read More »
LONDON (Reuters) – British finance minister Jeremy Hunt said on Monday he was unable to commit to raising state retirement payments in line with inflation in April as currently planned. He was asked during a parliamentary debate to recommit to the triple lock, a government promise to raise publicly-funded pensions by the highest of earnings, …
UK unable to confirm state pensions will rise with inflation – Hunt Read More »
LONDON (Reuters) – Britain’s new finance minister Jeremy Hunt on Monday reversed the bulk of Prime Minister Liz Truss’s economic growth plan of unfunded tax cuts, sparking a rally in battered UK assets. But UK borrowing costs and mortgage rates remain well above where they stood before the plan’s Sept. 23 announcement, while some 80 …
After U-turn, Britain’s economy still paying for Truss’s growth plan Read More »
By Elizabeth Piper, Andrew MacAskill and Kylie MacLellan LONDON (Reuters) – He won only 18 of 357 votes from his parliamentary colleagues when he tried for a second time to become Britain’s prime minister this summer, but Jeremy Hunt now finds himself taking on his most powerful role in his 17-year political career. Just three …
Jeremy Hunt takes on his biggest role yet as UK finance minister Read More »
LONDON (Reuters) -An independent adviser leading a review into London’s Metropolitan Police said “radical and wholesale” reform was needed of the way the force deals with misconduct allegations faced by hundreds of its staff and officers. In her interim report published on Monday, Louise Casey, who sits in Britain’s upper house of parliament, said the …
London police needs ‘radical’ reform on handling of misconduct -review Read More »
(Reuters) – British lawmakers will try to oust Prime Minister Liz Truss this week despite Downing Street’s warning that it could trigger a general election, the Daily Mail reported. More than 100 members of parliament (MPs) belonging to the governing Conservative Party are ready to submit letters of no confidence in Truss to Graham Brady, …
Lawmakers will try to oust UK PM Truss this week, Daily Mail reports Read More »
LONDON (Reuters) – New British finance minister Jeremy Hunt will announce tax and spending measures on Monday, two weeks earlier than previously scheduled, the finance ministry said as Hunt tries to turn around a loss of confidence in the government’s fiscal plans. “The Chancellor will make a statement later today, bringing forward measures from the …
UK’s Hunt brings forward fiscal announcement to Monday Read More »
LONDON (Reuters) – Britain’s housing market lost momentum this month after Prime Minister Liz Truss’s economic plans upset financial markets and triggered a repricing of the mortgage market, data from property website Rightmove showed on Monday. Asking prices for homes coming to the market rose by 7.8% year-on-year in October, the smallest increase since January. …
UK housing market shows strains from “mini-budget”: Rightmove Read More »
LEEDS, England (Reuters) – Arsenal handed Leeds United their first home loss of the season with a gritty 1-0 victory in a frantic game at Elland Road on Sunday to remain top of the Premier League with their best ever start to a season. Bukayo Saka’s first-half goal was enough to give Arsenal a spirited …
Soccer-Arsenal hold off hungry Leeds to stay top of Premier League Read More »
LEEDS (Reuters) – Sunday’s Premier League match between Leeds United and table toppers Arsenal was suspended shortly after kickoff due to a power cut at Elland Road, with the match resuming after a 38-minute delay. The power cut caused issues with the referees’ communications systems, leaving them unable to talk to the VAR. With no …
Soccer-Leeds v Arsenal suspended for 38 minutes due to power cut Read More »
