LONDON (Reuters) -A senior British minister said on Wednesday that Prime Minister Boris Johnson did not set out to break COVID laws with malice and is mortified after he was fined by police for attending a gathering during lockdown, as calls mounted for Johnson to quit. Johnson, his wife Carrie and finance minister Rishi Sunak …
UK’s Johnson did not break COVID laws ‘with malice’, minister says Read More »
(Reuters) – UK Prime Minister Boris Johnson is facing another three more potential fines for lockdown breaches, The Guardian reported on Wednesday, citing sources. Johnson is likely to receive more fines for events that have not yet been fully investigated by police, the report added. (Reporting by Baranjot Kaur in Bengaluru; Editing by Leslie Adler)
LONDON (Reuters) – The United Nations refugee agency (UNHCR) voiced concern on Wednesday over a UK scheme that allows British residents to house Ukrainians fleeing the Russian invasion, saying the programme could be exploited without adequate safeguards. The British government introduced the “Homes for Ukraine” scheme last month, allowing Britons to sponsor Ukrainians and provide …
UN agency voices concern over UK’s ‘Homes for Ukraine’ scheme Read More »
By Pushkala Aripaka (Reuters) – Britain’s competition regulator said it had secured commitments from Japan’s Sony and Nintendo to make it clear to customers how the companies automatically renew online gaming subscriptions, after a three-year sector investigation. The Competition and Markets Authority (CMA) began its inquiry in 2019 to check whether “roll-over” contracts for gaming …
Sony, Nintendo pledge ‘roll-over’ gaming contract changes in Britain Read More »
By Huw Jones and Pratima Desai LONDON (Reuters) – Last month’s chaos in London Metal Exchange nickel trading has shone a light on the failure of a core reform from the global financial crisis to help regulators quickly spot destabilising risks in markets. The 2008 Lehman Brothers crash and bailout of insurer AIG prompted G20 …
Analysis – ‘Black swan’ LME nickel chaos shows regulators still missing market risks Read More »
LONDON (Reuters) – Time Out, a weekly food, culture and entertainment listings magazine, will end its London print edition at the end of June and move to an online-only version, its parent company said on Wednesday. “While Time Out’s core DNA and offering … has never been more relevant, city life has changed, people have …
LONDON (Reuters) -A “cold, calculated and dangerous” man inspired by Islamic State was jailed for life on Wednesday for the murder of veteran British lawmaker David Amess after knifing him to death in a frenzied attack in a church where he was meeting voters. Ali Harbi Ali, 26, a British citizen and son of a …
Man who murdered UK lawmaker Amess jailed for life Read More »
By James Davey LONDON (Reuters) -Tesco, Britain’s biggest retailer, warned of a drop in profits this financial year as surging inflation piles pressure on the supermarket group and its customers alike. Shares in the company, which has a share of more than 27% of Britain’s grocery market, fell 5% in early Wednesday trading, the biggest …
Tesco warns of lower profits as UK inflation squeeze tightens Read More »
By David Milliken and William Schomberg LONDON (Reuters) -British consumer price inflation leapt to its highest level in three decades last month, intensifying the pressure on embattled Prime Minister Boris Johnson and his finance minister Rishi Sunak to ease the cost-of-living squeeze. The annual inflation rate climbed to 7.0% in March from 6.2% in February, …
UK inflation hits 30-year high of 7%, adding to pressure on government Read More »
(Reuters) – Ted Baker Plc said on Wednesday private equity firm Sycamore would be part of its sale process, days after the British fashion retailer disclosed it was open to a sale following a flurry of takeover interest. The retailer last week launched a formal sale process after Sycamore improved its takeover proposal and another …
UK’s Ted Baker says bidder Sycamore to take part in sale process Read More »
