By Elizabeth Howcroft LONDON (Reuters) – UK-based investors pulled a record 2.4 billion pounds ($2.74 billion) from equity funds in September, funds network Calastone said on Wednesday. The net outflows make September the worst month in what is already the worst year on record for equity funds, Calastone said. Funds focused on UK equities were …
UK investors pull record $2.7 billion from equity funds in September Read More »
DUBAI (Reuters) -Iran’s foreign ministry summoned the British ambassador in Tehran in reaction to “interventionist comments” from the British foreign ministry, the semi-official news agency Tasnim reported on Wednesday. “The British side, by issuing unilateral statements, shows that it has a role in the belligerent scenarios of terrorists active against the Islamic Republic,” the director …
Iran summons British ambassador after ‘interventionist comments’ Read More »
By Michael Holden LONDON (Reuters) – A public inquiry into Britain’s response to and handling of the COVID-19 pandemic got underway on Tuesday, with a promise it would get to the truth, and expose any wrongdoing or culpable conduct. Britain has recorded almost 20 million COVID infections and more than 166,000 deaths – the seventh …
UK COVID inquiry begins, vowing to expose any culpable conduct Read More »
By Andrew MacAskill and Kylie MacLellan BIRMINGHAM, England (Reuters) -British interior minister Suella Braverman set out plans on Tuesday for new powers which would ban migrants who cross the English Channel from claiming asylum and said it was her “dream” to see a government flight deporting asylum seekers to Rwanda. The government has been under …
UK to propose asylum ban on English Channel migrants Read More »
BIRMINGHAM, England (Reuters) – British finance minister Kwasi Kwarteng said on Tuesday he believed that setting tax rates was an important mark of sovereignty when asked about OECD moves towards global minimum tax rates or G7 standards. “We are always open but setting tax is an important mark of sovereignty,” Kwarteng said when asked about …
UK finance minister Kwarteng says setting tax is important to sovereignty Read More »
By Sachin Ravikumar LONDON (Reuters) – London’s Battersea Power Station reopens next week as a glitzy hub of offices, flats, restaurants and shops after decades of failed attempts to reinvigorate one of the capital’s most iconic buildings, often described as the “Everest of real estate”. The 1930s power station once supplied a fifth of London’s …
London’s Battersea Power Station reborn as office and shopping hub Read More »
LONDON (Reuters) -British Prime Minister Liz Truss said on Tuesday the government was looking at long term energy contracts with other countries but had not yet signed any deals. Asked by reporters if she was considering buying Norwegian gas, Truss said: “We will move forward on our own energy security … But we are looking …
UK looking at long-term energy contracts with other countries – PM Truss Read More »
BIRMINGHAM, England (Reuters) -Britain’s foreign minister James Cleverly on Tuesday said Russian President Vladimir Putin’s sequence of strategic errors must stop and that any use of nuclear weapons would lead to consequences. Putin has escalated its seven-month war in Ukraine with a military mobilisation and warnings of nuclear weapons use. Asked how Britain would respond …
UK warns Russia of consequences for any nuclear weapon use Read More »
By Andrew MacAskill and Kylie MacLellan BIRMINGHAM, England (Reuters) -British Prime Minister Liz Truss triggered a new row in her party on Tuesday by suggesting she could limit increases in benefit payments to less than soaring inflation as she seeks ways to fund her tax-cutting growth plan. Britain’s new leader has endured a tumultuous time …
Truss faces new challenge over UK welfare payments Read More »
By Johann M Cherian and Devik Jain (Reuters) -The UK’s main stock indexes rallied sharply on Tuesday, extending gains for a third straight session as the fall in global bond yields spurred appetite for riskier equities, with investors scooping up beaten down shares of financials, retailers and commodity companies. The blue-chip FTSE 100 ended up …
UK shares record best day in months; Greggs surges on higher sales Read More »
