LONDON (Reuters) – A British court on Thursday rejected an application from major pension funds to overturn authorities’ plans to reform the Retail Prices Index (RPI) measure of inflation. “The application for judicial review is dismissed,” London’s High Court of Justice said in its judgment. The pension funds, including those of BT, Marks and Spencer …
UK pension funds lose case to block RPI inflation change Read More »
LONDON (Reuters) -British rail workers are set to stage a fresh round of strikes on Sept. 15 and 17 in a dispute over pay, jobs and conditions, the RMT union said on Thursday, joining other rail unions in signalling more disruption across Britain’s transport network. The National Union of Rail, Maritime and Transport Workers (RMT) …
UK transport disruption set to continue as rail workers to stage fresh strikes Read More »
LONDON (Reuters) – England had its joint hottest summer on record, the Met Office national forecaster said on Thursday, citing provisional data in a series which goes back to 1884. In July, a heatwave that pushed through western Europe saw the highest ever recorded temperature in Britain of 40.3 Celsius(104.5 Fahrenheit). Large parts of England …
England had its joint hottest summer on record – Met Office provisional data Read More »
By Humza Jilani LONDON (Reuters) – Like thousands of pubs across Britain, the Red Lion and Sun fears financial ruin this winter as its energy costs surge, just as business was starting to recover from the fallow years of the COVID-19 pandemic. Nestled in a leafy north London suburb, the pub’s annual energy bill is …
Last orders: UK pubs brace for mass closures as energy costs soar Read More »
By Muvija M and Susanna Twidale LONDON (Reuters) -Britain will invest 700 million pounds ($809.13 million) in EDF’s planned Sizewell C nuclear plant, outgoing Prime Minister Boris Johnson said on Thursday, announcing his last major policy move before he steps down from the role next week. “Go nuclear and go large, go with Sizewell C,” …
UK’s Boris Johnson goes nuclear with swansong energy investment Read More »
LONDON (Reuters) – Britain’s very high inflation risks distracting businesses from the longer-term decisions needed to boost ailing productivity, Bank of England policymaker Catherine Mann said in a podcast released on Thursday. Mann repeatedly called for half-point increases in the BoE’s main interest rate before a majority of the Monetary Policy Committee backed one last …
High inflation is bad for UK productivity – BoE’s Mann Read More »
LONDON (Reuters) – Staff working at Britain’s business and energy department building will begin a strike on the same day as the country’s new prime minister is named next week, the public service trade union said on Thursday. Cleaners, security guards, reception workers, mail room staff and others at the Department for Business, Energy and …
New UK prime minister to face staff walk out on first day in office, union says Read More »
LONDON (Reuters) – Britain said on Thursday it will extend financial support to researchers and businesses locked out of the European Union’s Horizon Europe funding scheme due to post-Brexit tensions between London and Brussels. The government said it will guarantee funding to cover all Horizon Europe applications made before the end of 2022. In 2020, …
UK extends stop-gap funding for research as Brexit row drags on Read More »
LONDON (Reuters) – Britain will keep working with international partners to try to change China’s actions, Foreign Secretary Liz Truss said on Thursday, responding to a U.N. report that China may have committed crimes against humanity in its Xinjiang region. “The report … provides new evidence of the appalling extent of China’s efforts to silence …
UK will work to change China’s actions after U.N. report on Xinjiang – Truss Read More »
LONDON (Reuters) – British Prime Minister Boris Johnson said on Thursday cutting reliance on Russian energy imports would be a good outcome of the war in Ukraine, as Western nations seek to reduce purchases of Russian products. “Out of this catastrophe, of Putin’s war, I think good is going to come, in that Europe will …
UK’s Johnson: Cutting use of Russian energy ‘good’ outcome of Ukraine war Read More »
