Reuters UK Domestic

UK “deeply concerned” by sentencing of Brits by Russia-backed court, PM’s spokesman

LONDON (Reuters) – Britain is deeply concerned by the death sentences passed down to two British men by a court of the Russian-backed Donetsk People’s Republic (DPR) and will work to try to secure their release, a spokesman for Prime Minister Boris Johnson said. “We’re obviously deeply concerned by this. We’ve said continually that prisoners …

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Liverpool mayor: day of Champions League final turned from dream to ‘nightmare’

PARIS (Reuters) – Liverpool city region mayor Steve Rotheram said on Thursday that the day of the Champions League soccer final turned from a “dream to a nightmare” due to crowd disorder, and added he had been robbed of his personal possessions at the event. “The day gradually transformed from a dream into a nightmare,” …

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UK appoints Marjorie Ngwenya to Prudential Regulation Committee

LONDON (Reuters) – Britain said on Thursday it had appointed Marjorie Ngwenya to serve on the Bank of England’s Prudential Regulation Committee, which supervises the conduct of financial companies. Ngwenya, a former president of the UK Institute and Faculty of Actuaries, will take over from Norval Bryson as an external member of the committee from …

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UK electricals retailer AO World to close German business

LONDON (Reuters) – British online electricals retailer AO World will close its business in Germany as the outlook for the unit has continued to worsen, it said on Thursday. AO, which sells washing machines, refrigerators, cookers and televisions, launched a review of the German business in January. At that time it highlighted an intensifying competitive …

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Pub group Fuller’s cheers return of workers, tourists as year starts well

(Reuters) -Fuller, Smith & Turner said on Thursday its current financial year 2023 had started well, as the pub operator saw steady growth in weekly sales with the gradual return of workers to the City of London and tourists to central London. The company’s positive update was in contrast to peers Mitchells & Butlers and …

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UK transport firm FirstGroup rejects latest private-equity approach

(Reuters) -British transport firm FirstGroup said on Thursday it had turned down the latest takeover approach of 118 pence per share in cash and a contingent right of up to 45.6 pence apiece from private-equity firm I Squared Capital. The company said the cash component of the possible offer “significantly undervalues FirstGroup’s continuing operations and …

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Discounter Pepco says UK shoppers cutting purchases of essential items

LONDON (Reuters) – Pepco Group, owner of European discount retailer brands PEPCO, Poundland and Dealz, said a cost-of-living crisis in the United Kingdom has seen consumers scaling back even on essential items. The Warsaw-listed group said that while the absolute levels of inflationary pressure were greater in Central and Eastern European markets, higher wages in …

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