LONDON (Reuters) – British Foreign Secretary Liz Truss on Wednesday urged China to de-escalate tensions with the United States following U.S. House Speaker Nancy Pelosi’s visit to Taiwan. “I do not support China’s inflammatory language on this issue. It’s perfectly reasonable what is taking place and I urge China to de-escalate,” Truss, who is the …
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LONDON (Reuters) – Britain’s South East Water announced a temporary ban on the use of sprinklers and hosepipes in parts of the south of England, citing record breaking temperatures and the driest eight-month stint since 1976. The company said continuous hot weather and very little rainfall, combined with exceptional demand for water was putting pressure …
UK’s South East Water imposes restrictions as dry weather continues Read More »
LONDON (Reuters) -Britain’s ruling Conservative Party said on Wednesday it had enhanced security around the ballot process to decide its next leader, who will replace Boris Johnson as prime minister. The Telegraph reported on Tuesday that the vote had been delayed after warnings from the National Cyber Security Centre (NCSC)that hackers could change people’s ballots, …
UK Conservative Party enhance security around ballot for leadership Read More »
(Reuters) -UK homebuilder Taylor Wimpey Plc said on Wednesday it expects annual operating profit to be around the top end of the current market consensus range, helped by strong demand for its homes, and maintained volume growth targets for the year. The update from Britain’s third-largest homebuilder comes at a time when the wider UK …
UK’s Taylor Wimpey sees operating profit around top end of market expectations Read More »
By Ron Bousso and Shadia Nasralla LONDON (Reuters) – BP’s second quarter profit soared to $8.45 billion, its highest in 14 years, as strong refining margins and trading prompted it to boost its dividend and spending on new oil and gas production. The strong performance caps a blowout quarter for the top Western oil and …
BP boosts dividend after profit hits 14-year high Read More »
By Andrew MacAskill and Kylie MacLellan LONDON (Reuters) -British foreign minister Liz Truss, the front-runner to replace Boris Johnson as prime minister, was forced to backtrack on one of her most striking pledges a day after announcing it following a backlash from fellow Conservatives and opposition parties. In the first big misstep of her campaign, …
UK leadership favourite Liz Truss U-turns on pay plan in first big misstep Read More »
LONDON (Reuters) – Foreign Secretary Liz Truss has a 34 point lead over former finance minister Rishi Sunak among the Conservative Party members who will decide Britain’s next prime minister, a YouGov poll for The Times newspaper showed on Tuesday. The poll, which The Times said was conducted over the past five days, showed 60% …
UK’s Liz Truss has 34 point lead over Sunak – YouGov/Times poll Read More »
LONDON (Reuters) -British Airways has halted ticket sales for short-haul flights which depart from London’s Heathrow airport before the middle of this month, following the airport’s decision to cap capacity to tackle widespread disruption and cancellations. The IAG-owned airline said on Tuesday that the sales suspension for domestic and European destinations was designed to leave …
BA halts ticket sales for many flights leaving Heathrow before mid-August Read More »
By Huw Jones LONDON (Reuters) – Britain’s financial watchdog said on Tuesday that the cost of living crisis, meeting climate targets and improving diversity should be reflected in how banks determine pay and bonuses. “Your role is key in ensuring that your firm’s remuneration policies support the purpose, long-term strategy and values of your firm, …
Banks must reflect cost of living crisis in pay, says UK watchdog Read More »
LONDON (Reuters) – The British government said on Tuesday it had reimposed sanctions on two former board members of oil company Rosneft, Didier Casimiro and Zeljko Runje. The British sanction list said both were now subject to an asset freeze for “obtaining a benefit from or supporting the government of Russia by working as a …
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