By Kirstin Ridley LONDON (Reuters) – An investment manager of a collapsed 100-million-pound ($121 million) Cayman Islands-based legal financing fund was on Wednesday convicted by a London jury of fraudulent trading, fraud by abuse of position and money laundering. Timothy Schools, a 61-year-old former lawyer who founded Axiom Legal Financing Fund in 2009 to provide …
Investment manager convicted over $121 million Cayman fund Read More »
LONDON (Reuters) -British leadership candidate Liz Truss said on Wednesday she would work with energy companies to bring down prices if she becomes prime minister, as she faces growing pressure to set out more support for households struggling with rising energy bills. Truss, the frontrunner to succeed Boris Johnson, has so far said she favours …
UK’s Liz Truss: Important to work with energy firms to bring prices down Read More »
LONDON (Reuters) – Bank of England Chief Economist Huw Pill said on Wednesday he could not see a return of quantitative easing for at least a few years. “It’s not to say we won’t at some point in the future be back where we were – needing to ease policy and quantitative easing will come …
BoE’s Pill sees no return for QE, at least for some years Read More »
LONDON (Reuters) – Bank of England Chief Economist Huw Pill said on Wednesday that central banks are able to take tough decisions on monetary policy, in contrast to governments that are driven by short-term political pressures. “They have relatively short horizons,” Pill said of governments in general, during a question-and-answer session with members of the …
BoE’s Pill says central banks best placed to control monetary policy Read More »
(Reuters) – Britain’s advertising watchdog upheld a ruling against Arsenal over their promotion of fan token company Socios on Wednesday, determining that the two ads posted on the club’s website and Facebook were “misleading” and irresponsible”. The Advertising Standards Agency (ASA) said the adverts had failed to make clear the tokens had to be bought …
Soccer-Arsenal reprimanded for second time for fan token adverts Read More »
By Jennifer Rigby LONDON (Reuters) – Britain is launching a polio vaccine booster campaign for children in London aged below 10, after confirming that the virus is spreading in the capital for the first time since the 1980s. The UK Health Security Agency has identified 116 polioviruses from 19 sewage samples this year in London. …
Polio spreading in London, booster campaign launched for under-10s – health agency Read More »
By Alan Baldwin LONDON (Reuters) – Oscar Piastri’s rift with Alpine has also forced a change of plan at Williams and could have a knock-on effect around the Formula One paddock. While the main focus has been on Renault-owned Alpine and McLaren, who both want the 21-year-old Australian to drive for them next season, tail-enders …
Motor racing-Piastri’s stance has knock-on effects for other teams Read More »
LONDON (Reuters) – Britain’s environment minister George Eustice on Wednesday urged water companies to take precautions to protect water supplies and tackle the effects of the prolonged dry weather as another heatwave is forecast across the country. Eustice met with the water company executives to discuss their ongoing response to protect water supplies and called …
UK urges water companies to take ‘precautionary steps’ to protect supplies Read More »
By William James LONDON (Reuters) -Raymond Briggs, creator of the bittersweet children’s book “The Snowman”, has died aged 88, his family announced on Wednesday. First published in 1978, the pencil crayon-illustrated wordless picture book sold more than 5.5 million copies around the world while a television adaption became a Christmas favourite in Britain and was …
Raymond Briggs, creator of beloved children’s tale ‘The Snowman’, dies aged 88 Read More »
(Reuters) – British boxers Chris Eubank Jr. and Conor Benn will square off in a highly-anticipated bout at London’s O2 Arena on Oct. 8, three decades after their famous fathers fought each other. Chris Eubank and Nigel Benn were bitter rivals in the 1990s and the two former super-middleweight world champions fought twice – Eubank …
Boxing-‘It’s personal’: Benn to fight Eubank Jr in October Read More »
