Britain’s Marex Group files for US IPO
(Reuters) – Marex Group, a British commodities broker, announced plans on Friday to list its shares in New York, the latest blow to London’s bid to attract companies to its stock exchange.…
Ukraine’s Zelenskiy expects cooperation with Britain’s new PM
(Reuters) – Ukrainian President Volodymyr Zelenskiy said on Monday that Britain’s next prime minister, Liz Truss, was “always on the enlightened side of European politics” and Kyiv looked forward to further cooperation…
Taking on ‘orthodoxy’, Britain’s new PM Truss wants to act fast
By Elizabeth Piper and Andrew MacAskill LONDON (Reuters) -Britain’s Liz Truss comes to power on a promise to challenge the so-called “orthodoxy”, demanding faster, radical action to tackle a cost of living…
Britain’s Next Prime Minister: Thatcher 2.0?
Britain’s Next Prime Minister: Thatcher 2.0? Micaela Burrow on September 4, 2022 U.K. Foreign Secretary Liz Truss is the heavy favorite to win the prime ministership after Conservative Party leader Boris Johnson…
Britain’s new PM faces an 80s playlist: recession, unrest and runaway prices
By Andy Bruce and Kate Holton RUNCORN, England (Reuters) – Britain’s prime minister in waiting Liz Truss models herself on Margaret Thatcher, judging by her photo ops echoing famous images of the…
Britain’s banking regulators to not take action against former HBOS senior managers- BoE
(Reuters) – Britain’s two banking regulators on Friday concluded that they will not take any enforcement action against certain former unnamed senior managers at the collapsed bank HBOS, the Bank of England…
Marketmind: Memo for Britain’s next PM – There’s no stopping bad news
A look at the day ahead in European and global markets from Anshuman Daga Another day, another miserable set of British data. “A sense of exasperation” and “crisis of confidence”. That was…
Britain’s trains disrupted in second widespread rail strike in a week
By David Milliken LONDON – Around 5,000 train drivers across almost a quarter of Britain’s rail network went on strike on Saturday, as part of a campaign for higher pay after the…
Britain’s PM hopefuls promise to get tough on illegal migration
LONDON – Britain’s two contenders to replace Boris Johnson as prime minister promised on Sunday to tackle illegal immigration as a priority, with both backing the government’s policy of sending migrants to…
Amazon takes on Britain’s Tesco with price match scheme
LONDON – Amazon, seeking an edge amid a deteriorating cost of living crisis, will match UK grocery market leader Tesco’s prices on hundreds of products, it said on Monday. The new scheme…
BoE will ‘act forcefully’ to stem inflation, says Britain’s Sunak
LONDON – The Bank of England will “act forcefully” to combat rising prices, British finance minister Rishi Sunak said on Wednesday, as data showed UK inflation had hit a new 40-year high…
Britain’s Sainsbury’s adds top sellers to price match scheme
By James Davey LONDON – British supermarket group Sainsbury’s, seeking an edge amid a worsening cost of living crisis, will for the first time include its biggest selling lines in a scheme…
Factbox: Queen Elizabeth, Britain’s longest-reigning monarch
LONDON – Queen Elizabeth, Britain’s longest-reigning monarch, is commemorating her Platinum Jubilee with four days of celebration from June 2-5. Here are some facts about the queen: – Elizabeth was born at…
Britain’s electric car charge faces battery challenge
By Nick Carey and Kate Holton BLYTH, England – Britain risks falling behind in the race to establish an electric car industry if it can’t build more battery factories – and quickly.…
Britain’s Nationwide warns inflation surge could dent house prices
By Lawrence White and Iain Withers LONDON – Nationwide Building Society said on Friday rocketing inflation could send British house prices into reverse, in one of the clearest warnings yet that the…
Canada’s Brookfield buys Britain’s HomeServe for $5 billion
By Emma-Victoria Farr and Sachin Ravikumar FRANKFURT -Canada’s Brookfield Asset Management has agreed to buy British home repair services firm HomeServe for 4.08 billion pounds ($5.04 billion), as it looks to broaden…
Britain’s steelmakers scorched by white-hot power prices
By Kate Holton CHESTERFIELD, England – Steel boss James Brand raises his voice above the roar of metal being funnelled into a foundry furnace as he details how rampant costs have pushed…
Britain’s finance ministry flags reforms, defends regulators
By Huw Jones and Carolyn Cohn LONDON – Britain’s finance ministry flagged several reforms on Thursday and defended regulators from criticism they are too slow to license firms, saying flawed applicants must…
Britain’s Sainsbury’s faces shareholder vote on workers pay
By James Davey LONDON – Sainsbury’s shareholders are set to vote on a resolution at this year’s annual meeting calling for Britain’s second biggest supermarket group to commit to paying the so…
Britain’s Boohoo to meet earnings guidance as sales growth slows
LONDON -British online fashion retailer Boohoo forecast 2021-22 core earnings in line with reduced guidance as it reported an expected slowdown in revenue growth in its latest quarter. The Manchester, northern England,…
Britain’s Domino’s Pizza hedges against rising wheat prices
By Shanima A -The British franchisee of pizza chain Domino’s is expecting more cost inflation this year and has hedged itself against wheat prices which have soared in response to the conflict…
Britain’s Next closes Russia operations
LONDON – British clothing retailer Next is to close its Russian operations following Russia’s invasion of Ukraine, joining a growing list of companies shunning the country. Next has told staff at its…
Britain’s Lloyds profit recovery marred by fraud costs
By Iain Withers and Lawrence White LONDON -Britain’s largest high street bank Lloyds posted a jump in annual profits on Thursday but was dented by further costs for past misdeeds, as the…
Britain’s Queen Elizabeth catches COVID
By Peter Nicholls WINDSOR, England -Queen Elizabeth tested positive for COVID-19 on Sunday, sharpening concerns about the health of the world’s longest-reigning monarch two weeks after she marked 70 years on the…
Britain’s financial sector wants more time for new ‘duty of care’
By Huw Jones LONDON – Banks and financial advisers in Britain have called for more time to introduce a new ‘duty of care’, a landmark change in consumer protection to combat mis-selling…
Britain’s M&S makes strong start to new year – NielsenIQ
LONDON – Marks & Spencer has maintained its position as Britain’s fastest growing food retailer, market researcher NielsenIQ said on Tuesday, indicating its turnaround plan is gaining momentum. It said M&S’s sales…
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