Reuters UK Domestic

LONDON (Reuters) – Britain will on Thursday say it is “hugely disappointing” that the European Union will not change its mandate on post-Brexit trade talks over Northern Ireland. “We have engaged in negotiations with the European Union in good faith. (European Commission) Vice President Sefcovic has tried to find solutions within the mandate he has …

EU’s refusal to budge on N. Ireland trade “hugely disappointing” – UK minister Read More »

LONDON (Reuters) – British finance minister Rishi Sunak said he was “pragmatic” about the idea of a windfall tax on the profits of oil and gas companies as a possible way to raise money to provide more help to households facing the strain of higher energy prices. “I’m not naturally attracted to the idea of …

UK’s Sunak says he is pragmatic about windfall taxes Read More »

LONDON (Reuters) -The Bank of England will have to push borrowing costs higher to control fast-rising inflation and there are risks that inflation pressures from rising wages will prove stronger than the BoE thinks, Deputy Governor Dave Ramsden told Bloomberg News. “I don’t think we’ve gone far enough yet on Bank Rate, but I do …

BoE is not yet done with rate hikes, Ramsden says Read More »

By David Milliken and William Schomberg LONDON (Reuters) – Britain’s economy unexpectedly shrank 0.1% in March after a slump in car sales due to supply-chain problems, marking a weak end to the first quarter of a year when the risk of recession is looming. Gross domestic product grew by 0.8% in the first three months …

UK economy unexpectedly shrinks in March as recession risks loom Read More »

SAN SALVADOR (Reuters) – The United Kingdom said on Wednesday that it had imposed a visa requirement for Salvadorans seeking to enter the country after authorities reported a spike in asylum applications. Britain’s Home Office said in a memorandum that there had been a “sustained and significant” increase in Salvadorans presenting asylum applications on arrival …

UK imposes visas on Salvadorans after asylum applications rise Read More »

By Anne Kauranen HELSINKI (Reuters) -British Prime Minister Boris Johnson on Wednesday said he had agreed new deals with Sweden and Finland to bolster European security, pledging to support both countries’ armed forces should they come under attack. Johnson signed the new declarations, described by Britain as “a step-change in defence and security cooperation”, during …

UK strikes new security agreement with Sweden and Finland Read More »

HELSINKI (Reuters) – British Prime Minister Boris Johnson said on Wednesday his government would “of course” provide more support for people struggling to cope with surging inflation. Johnson, asked by a reporter about the cost of providing military assistance to Ukraine at a time when people in Britain were unable to heat their homes, said …

UK will “of course” offer more cost-of-living help, Johnson says Read More »

HELSINKI (Reuters) – British Prime Minister Boris Johnson on Wednesday said that NATO was a defensive alliance and did not pose a threat to any other country, as Sweden and Finland consider joining the organisation in the wake of Russia’s invasion of Ukraine. “NATO is a defensive alliance. NATO poses no threat to anyone. It …

UK PM Johnson says NATO does not pose a threat to anyone Read More »