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Parliamentary probe into UK PM Boris Johnson ‘wrong in principle’ – govt legal advice

LONDON (Reuters) – An investigation into whether British Prime Minister Boris Johnson misled parliament is proposing an unfair approach in conducting the probe which is wrong in principle, legal advice to the government said on Friday. Parliament’s Privileges Committee is looking into whether Johnson, who is due to resign next week after his party ousted …

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Amazon staff at UK warehouse ‘ready to strike’ over pay, says union

LONDON (Reuters) -Amazon staff at a warehouse in Coventry in central England are willing to strike over pay, a union said on Friday, in the latest labour dispute involving the U.S. e-commerce giant’s British workers. More than 300 workers voted in a consultative ballot – where 97% said they were ready to strike – ahead …

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Princess Diana exhibit in Vegas invites guests to have their own royal wedding

By Danielle Broadway (Reuters) – A new exhibition that celebrates the life of the late Princess Diana opens in Las Vegas on Friday, days after the 25th anniversary of her death in a car crash in Paris. “Princess Diana: A Tribute Exhibition” features over 700 original royal artifacts, including evening gowns and other personal items …

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Emerging market fund Ashmore sees full-year pretax profit slump 58%

By Karin Strohecker LONDON (Reuters) – Investment group Ashmore reported on Friday a 58% drop in full-year pretax profits and double-digit declines in net revenue, citing widespread risk aversion due to the Ukraine war as well as inflation and higher rates globally. Profit before tax came in at £118.4 million ($136.62 million) in the 12 …

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Ted Baker’s store revenue gains on recovering footfall, formalwear sales

(Reuters) -British fashion group Ted Baker Plc said on Friday people were returning to its high-street stores and buying more formalwear and childrenswear, boosting its store revenue. The fashion retailer, known for its suits, shirts and dresses with quirky details, is benefiting from a turnaround plan, while growing demand for formal wear amid a return-to-office …

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Britain reports heavy fighting in southern Ukraine

(Reuters) – Heavy fighting persists in the southern part of Ukraine including shellings in the Enerhodar district, near the Russian-occupied Zaporizhzhia nuclear power plant, Britain’s defence ministry said on Friday. On Sept. 1, Russia began its strategic military exercises in the east of the country, called the “Vostok” (East) exercises that will end on Sept. …

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Exclusive-Shell’s CEO van Beurden prepares to step down next year -sources

By Ron Bousso LONDON (Reuters) – Shell has shortlisted four candidates to succeed Chief Executive Ben van Beurden who is preparing to step down next year after nearly a decade at the helm of the giant energy firm, two company sources told Reuters. During his tenure van Beurden oversaw Shell’s biggest acquisition in decades and …

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Britain’s new PM faces an 80s playlist: recession, unrest and runaway prices

By Andy Bruce and Kate Holton RUNCORN, England (Reuters) – Britain’s prime minister in waiting Liz Truss models herself on Margaret Thatcher, judging by her photo ops echoing famous images of the country’s first female premier. If Truss becomes leader of the ruling party on Monday as is widely expected, she’ll need all the grit …

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UK finance minister Zahawi: Britain will come out of tough times more resilient

LONDON (Reuters) – British finance minister Nadhim Zahawi said on Thursday that Britain was facing an extremely challenging time with surging energy bills due to Russia’s invasion of Ukraine, but he said the country would be much more resilient because of it. “I think there’s a lot going for the British economy as we deal …

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