Reuters UK Domestic

Soccer-Brighton’s home game v Palace postponed due to rail strike

(Reuters) -Brighton & Hove Albion’s Premier League home game against Crystal Palace on Sept. 17 has been postponed due to planned industrial action on the rail network, the league said on Wednesday. Britain’s rail network has been hit by major disruptions in the last few weeks as staff protest over pay and conditions, part of …

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Soccer-Chelsea sack Tuchel after Champions League defeat to Zagreb

(Reuters) – Chelsea have parted ways with manager Thomas Tuchel, the Premier League club announced on Wednesday, a day after they lost 1-0 to Croatian team Dinamo Zagreb in their opening game of the Champions League group stage. Chelsea finished third in the Premier League last season but the London club are sixth this term …

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UK housing market keeps momentum but slowdown ahead: Halifax

LONDON (Reuters) -British house prices rose in August although a torrid economic outlook spells trouble for the housing market in the months ahead, mortgage lender Halifax said on Wednesday. Prices increased by 0.4% month-on-month in August after a 0.1% dip in July, Halifax said. In annual terms, they were 11.5% higher, the lowest such rate …

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UK energy crisis plan due this week, no funding details yet-Deputy PM

LONDON (Reuters) -British Prime Minister Liz Truss will set out plans to tackle soaring energy bills this week, Deputy Prime Minister Therese Coffey said, but she declined to say who will foot the bill for what is set to be a costly intervention. Truss, appointed prime minister on Tuesday, has vowed immediate action to address …

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Liz Truss’s cabinet is Britain’s first without white man in top jobs

By Andrew MacAskill and Humza Jilani LONDON (Reuters) – The new British Prime Minister Liz Truss has selected a cabinet where for the first time a white man will not hold one of the country’s four most important ministerial positions. Truss appointed Kwasi Kwarteng – whose parents came from Ghana in the 1960s – as …

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Retailer WH Smith revenue gains on rapid recovery in European summer travel

(Reuters) -British retailer WH Smith said on Wednesday a rapid recovery in travel, especially across Europe, has pushed its second-half revenue ‘comfortably’ ahead of pre-pandemic levels. The travel industry has seen a surge in demand for summer travel since COVID-19 restrictions were lifted in many countries, leading to disruption at airports and longer waiting times …

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UK’s Barratt to buy back shares worth $229 million, posts record annual profit

(Reuters) -Barratt Developments Plc said on Wednesday it would buy back shares worth 200 million pounds ($229.50 million), after UK’s biggest housebuilder posted a record annual profit and said it was on track to meet volume output target for fiscal 2023. Barratt’s announcement comes at a time when the UK housing sector is showing signs …

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Analysis-UK heads for return to “trickle-down” economics under low-tax Truss

By William Schomberg LONDON (Reuters) – New British Prime Minister Liz Truss and her finance minister Kwasi Kwarteng look set to revive Margaret Thatcher’s 1980s experiment in “trickle-down” low-tax economics, the results of which have been disputed ever since. Truss cast herself as Thatcher’s heir in the Conservative Party leadership race, promising tax cuts and …

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UK oil and gas producers call for more investment to ease energy crunch

By Bozorgmehr Sharafedin LONDON (Reuters) – Britain’s oil and gas industry body called for new drilling licenses in the North Sea and rapid investment in the sector to mitigate the impact of high prices on consumers as the country grapples with the worst energy crisis in decades. The incoming UK Prime Minister Liz Truss has …

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UK PM Truss not expected to trigger Article 16 over N. Ireland Protocol -FT

(Reuters) -Britain’s new Prime Minister Liz Truss is expected to not activate the so-called “Article 16” emergency measures in the Northern Ireland Protocol in the coming weeks, the Financial Times reported on Tuesday, citing her allies. Article 16 allows either side to take unilateral action if it deems the post-Brexit agreement is having a strongly …

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