LONDON (Reuters) – Shares in British sub-prime lender Amigo jumped 43% in early trading on Tuesday after it was granted court approval the previous day for a compensation scheme for past customers and a rescue plan for the business. Amigo had been fighting for its life in the courts for more than a year after …
Amigo shares jump 43% after court approves rescue scheme Read More »
By Paul Sandle LONDON (Reuters) – London’s long-delayed and over-budget Crossrail finally opened to passengers on Tuesday, offering faster journeys from Heathrow Airport and Berkshire in the west to Essex in the east through a series of new, long tunnels under Britain’s capital. The railway, which has been renamed the “Elizabeth” line in honour of …
By David Milliken LONDON (Reuters) -British public borrowing for the last financial year was revised down by more than 7 billion pounds on Tuesday, giving the government some extra leeway as it considers how much more relief to provide in the cost of living crisis. Finance minister Rishi Sunak is under growing political pressure to …
UK borrowing for 2021/22 revised down by 7 billion pounds Read More »
By James Davey LONDON (Reuters) – Over one fifth of British households described themselves as “struggling” to make ends meet as grocery price inflation hit 7.0% in the four weeks to May 15, its highest level in 13 years, market researcher Kantar said on Tuesday. It said within the 22% of shoppers struggling financially, the …
Over one fifth of Britons ‘struggling’ to make ends meet -Kantar Read More »
LONDON (Reuters) – Britain is set to approve the sale of Premier League soccer Chelsea to a consortium led by Los Angeles Dodgers part-owner Todd Boehly, a source familiar with the situation told Reuters, after owner Roman Abramovich gave assurances over the deal. Russian Abramovich put the club up for sale in early March following …
Soccer-Britain set to approve Abramovich’s sale of Chelsea – source Read More »
MANCHESTER, England (Reuters) – Manchester City celebrated their fourth Premier League title in five years in spectacular style on Monday as fans thronged the streets of the city to party with their heroes for the first time since the COVID-19 pandemic. City nearly lost their crown to Liverpool on the last day of the season …
Soccer-Champions Manchester City paint town blue with open top bus parade Read More »
DUBLIN (Reuters) – British Prime Minister Boris Johnson knows very well what action the European Union could take if London fails to comply with the post-Brexit agreement it struck with the bloc on Northern Ireland, Dutch Prime Minister Mark Rutte said on Monday. “We will keep on working to ensure that we somehow find a …
Dutch PM warns UK’s Johnson to stick to N.Ireland Brexit terms Read More »
LONDON (Reuters) – Britain’s Queen Elizabeth attended the Chelsea Flower Show on Monday, the latest of several appearances that have helped to ease public concerns about her health ahead of a national celebration of her seven decades on the throne. The 96-year-old monarch was driven around the Royal Horticultural Society’s annual festival of garden design …
Britain’s Queen Elizabeth attends Chelsea Flower Show Read More »
LONDON (Reuters) -New photographs of Prime Minister Boris Johnson drinking at a leaving party at his Downing Street residence have been published, reigniting opposition accusations that he breached his own COVID-19 lockdown rules. The photographs, obtained by ITV News, were taken at a gathering in honour of Downing Street’s outgoing director of communications Lee Cain …
Fresh photos of UK PM Johnson drinking reignite ‘Partygate’ row Read More »
By Carolyn Cohn and Lawrence White LONDON (Reuters) -UK pension schemes should not ignore climate change, a senior executive at The Pensions Regulator said on Monday, the first watchdog to weigh in after a top HSBC banker was suspended after playing down the financial risks of climate change. Regulators across the world have been putting …
