(Reuters) -London’s Stansted Airport workers called off a potential strike that could have disrupted one of Britain’s busiest airports after its union secured an improved pay offer, Unite said on Thursday. The lowest paid workers will receive an 11% wage increase over the year, while other grade workers will get a 10% rise, comprising an …
Stansted Airport workers end strike threat after better pay offer Read More »
By Susanna Twidale LONDON (Reuters) – British households should reduce their gas and electricity use where possible this winter to help cut costs and reduce the risk of power cuts, energy regulator Ofgem said on Thursday. The advice comes after the country’s National Grid last week warned that Britain could face forced power cuts if …
British households should cut energy use where possible this winter -Ofgem Read More »
WASHINGTON (Reuters) -British finance minister Kwasi Kwarteng said he was focused on delivering on his “mini-budget” and economic growth after media reported the government was considering reversing parts of his plan which has caused havoc in financial markets. “Our position hasn’t changed. I will come up with the medium-term fiscal plan on the 31st of …
UK’s Kwarteng, asked about new U-turn, says no change in his position Read More »
By Sarah Young LONDON (Reuters) -British airline easyJet said bookings for the coming months were progressing well as travel demand is holding up for this winter and next summer despite the squeeze on consumer spending due to economic headwinds. Tickets for travel next summer went on sale last week and easyJet said they showed “continued …
easyJet says demand holding up for this winter, next summer Read More »
LONDON (Reuters) – Changing Britain’s leader would be a “disastrously bad idea”, foreign minister James Cleverly said on Thursday as he defended Prime Minister Liz Truss’s economic plans which have caused discontent within the governing Conservative Party. “I think that changing the leadership would be a disastrously bad idea, not just politically but also economically, …
UK foreign minister says ousting PM Truss would be ‘disastrously bad idea’ Read More »
LONDON (Reuters) – Britain needs to restore stability to its finances to help reverse the fastest drop in financial sector sentiment in three years, a survey by business body CBI and consultants PwC said on Thursday. Profitability growth in the sector remains robust and is expected to increase at a faster pace in October to …
Sentiment in UK finance falls at fastest pace since 2019 – survey Read More »
(Reuters) -British gambling firm Entain bet on the soccer World Cup starting next month to help improve its fourth-quarter online gaming revenue and said that its total gaming revenue rose marginally in the third quarter. The London-listed firm, which owns Ladbrokes and Coral betting shops as well as bwin and partypoker online brands, said on …
UK’s Entain expects higher online gaming revenue on World Cup boost Read More »
(Reuters) -British recruitment agency Hays Plc said on Thursday client and candidate activity had slowed in some markets, including the UK and the United States, because of macroeconomic uncertainties. The recruitment industry is facing risks of a slowdown from soaring inflation and sharp economic slowdown after seeing sizzling growth in the last couple of years …
Recruiter Hays flags slower hiring activity in UK, U.S Read More »
(Reuters) – Russian troops are likely attempting to consolidate along a new front line west of the village of Mylove in Ukraine’s southern region of Kherson, the British Ministry of Defence said on Thursday. “Heavy fighting continues along this line, especially at the western end where Ukrainian advances mean Russia’s flank is no longer protected …
Russia consolidating new front line in Kherson’s Mylove village, UK says Read More »
(Reuters) – Britain’s energy regulator Ofgem will on Thursday urge consumers to reduce their energy usage “where possible”, the Financial Times reported, less than a week after climate minister Graham Stuart said that the country would not ask its people to use less energy. The energy regulator’s move would come as it prepares to launch …
Britain’s Ofgem to urge public to reduce energy usage – FT Read More »
