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UK PM Truss welcomes release of British prisoners captured in Ukraine

LONDON (Reuters) – Britain’s Prime Minister Liz Truss on Wednesday welcomed the release of five British nationals captured in Ukraine, following a mediation by Saudi Crown Prince Mohammed bin Salman. “Hugely welcome news that five British nationals held by Russian-backed proxies in eastern Ukraine are being safely returned, ending months of uncertainty and suffering for …

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UK to set out financial regulation reforms on Friday – Truss

LONDON (Reuters) -British Prime Minister Liz Truss said her government will on Friday set out sweeping reforms to the financial service industry to unleash growth and boost investment. Truss told executives at a meeting in New York she wants to reform the rules known as Solvency II and MiFID, which Britain introduced while a European …

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Some UK royals to resume engagements following queen’s funeral

LONDON (Reuters) -Senior members of the British royal family will this week thank military staff, including some involved in Queen Elizabeth’s funeral, Buckingham Palace said on Wednesday, as Prince William spoke of the “time of grief” following his grandmother’s death. Elizabeth’s funeral – a dazzling show of pomp and ceremony attended by some 500 presidents, …

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Factbox-Britain’s plans to shield businesses from soaring energy prices

LONDON (Reuters) – British businesses are facing a sharp rise in power bills driven by sky-rocketing gas prices, as war in Ukraine and European sanctions on Russia heighten concerns over the security of energy supplies. Below are some of the government’s plans announced on Wednesday to help shield businesses from the rising costs: PRICE CAP …

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UK defence minister: Putin’s mobilisation an admission ‘invasion is failing’

LONDON (Reuters) – British defence minister Ben Wallace said on Wednesday a mobilisation of troops by Russia in Ukraine conflict was an admission by its President Vladimir Putin that “his invasion is failing”. “(Putin) and his Defence Minister have sent tens of thousands of their own citizens to their deaths, ill equipped and badly led,” …

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UK’s top priority is to protect N. Ireland peace, foreign minister Cleverly tells U.S.

LONDON (Reuters) – Foreign minister James Cleverly told U.S. Secretary of State Antony Blinken that Britain’s top priority was to protect the Good Friday Agreement, a government spokesperson said on Wednesday. “He (Cleverly) explained the Protocol is, however, causing real problems in Northern Ireland which we must fix,” the spokesperson said in a statement. Cleverly …

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JD Sports’ ousted chairman Cowgill returns as consultant

LONDON (Reuters) -Britain’s biggest sportswear retailer, JD Sports Fashion, has agreed a deal with former longstanding executive chairman Peter Cowgill that will see him return as a consultant. Cowgill was ousted by the board of the FTSE-100 group in May after a governance review. He had led the retailer since 2004. JD said on Wednesday …

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Queen’s funeral drew peak British audience of 28 million, says BBC

LONDON (Reuters) – A peak of 28 million Britons watched Queen Elizabeth’s funeral on their screens at home, the BBC reported on Tuesday, making it one of the most-watched events in years. The service for the monarch, who died Sept. 8 after 70 years on the throne, was held https://www.reuters.com/world/uk/britain-world-prepare-say-last-farewell-queen-elizabeth-2022-09-18/ on Monday in Westminster Abbey …

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