Reuters UK Domestic

LONDON (Reuters) – The British government confirmed on Monday that around 1.1 billion pounds ($1.27 billion) of small business loans made under a COVID-19 emergency lending scheme has already been classified as suspected fraud. Reuters first reported the figure on Friday, which gives the first firm indication of the potential level of scams perpetrated on …

UK confirms $1.3bn of suspected fraud on COVID loan scheme Read More »

By Elizabeth Piper LONDON (Reuters) – Liz Truss is expected to be named leader of the governing Conservative Party and Britain’s next prime minister on Monday, poised to take power at a time when the country faces a cost of living crisis, industrial unrest and a recession. After weeks of an often bad-tempered and divisive …

Britain’s Truss expected to be named Conservative leader, new PM Read More »

LONDON (Reuters) – A British government led by Liz Truss can afford to borrow more to give energy bills support to households and businesses but it will remain responsible with the public finances, the man tipped to be Truss’ finance minister said. With newspapers reporting that Truss was preparing a package worth up to 100 …

UK can afford to borrow more, favourite to become finance minister says Read More »

PARIS (Reuters) – French Foreign Minister Catherine Colonna said on Monday that should her British counterpart Liz Truss win the race to become the leader of the governing Conservative party and prime minister in Britain, one can hope for a new start in relations between the two countries. “I do not know if Mrs Truss …

France hopes for a new start in Paris-London relations with Truss – minister Read More »

(Reuters) – Talking points from the Premier League weekend: HAVE UNITED TURNED THE CORNER? After Manchester United lost their opening two games of the season, including a humiliating 4-0 thrashing at Brentford, their season was being written off before it had even begun. But Erik ten Hag’s side have since won four straight games, including …

Soccer-Premier League talking points Read More »

(Reuters) – Britain’s business minister Kwasi Kwarteng believes Liz Truss will make it her aim to get to 2.5% trend growth, if appointed as the prime minister, he wrote in Financial Times on Sunday. Truss, who is the front-runner to become the next prime minister, will be “fiscally responsible” and will work to reduce the …

UK’s business minister says Truss will aim to get to 2.5% trend growth- FT Read More »

By Simon Evans MANCHESTER, England (Reuters) -Marcus Rashford struck twice as Manchester United made it four wins in a row and ended Arsenal’s perfect start to the Premier League season with a 3-1 victory at Old Trafford on Sunday. A high-tempo, top quality game was decided by two Rashford goals on the break after Bukayo …

Soccer-Rashford, Antony score as Man United end Arsenal’s 100% start Read More »

LONDON (Reuters) – People should not write off Boris Johnson, a former close aide to the leader said on Sunday, suggesting the outgoing British prime minister could make a return to high office one day despite being forced from power. Johnson, forced to announce his resignation in July after months of scandal drained away support …

Don’t write Boris Johnson off, says UK PM’s former aide Read More »

(Reuters) – Britain’s medicines regulator on Saturday approved Pfizer/BioNTech’s updated bivalent COVID-19 booster shot for people aged 12 years and older. The Medicines and Healthcare products Regulatory Agency said the decision was based on data from a clinical trial that showed a booster dose with the bivalent Pfizer/BioNTech vaccine triggers a strong immune response against …

Britain approves Pfizer/BioNTech’s updated COVID-19 booster vaccine Read More »