Exclusive-US Fund KPS explored takeover offer for UK’s Elementis –sources
By Amy-Jo Crowley and Emma-Victoria Farr LONDON (Reuters) -KPS Capital Partners recently explored a bid for UK specialty chemicals maker Elementis but has since paused its work, two people familiar with the…
Aviva keeps dividend, capital returns guidance after UK’s December cold snap
LONDON (Reuters) – British insurer Aviva on Wednesday maintained its dividend guidance and capital returns outlook as it reported a positive end to trading for the year in its general insurance unit.…
Banks demand deep changes to UK’s accountability rules -sources
By Iain Withers and Huw Jones LONDON (Reuters) – Banks are pushing the British government to relax core parts of post-financial crisis rules designed to hold bosses to account for misconduct on…
Blinken welcomes Northern Ireland talks progress after meeting UK’s Cleverly
WASHINGTON (Reuters) – U.S. Secretary of State Antony Blinken said after meeting his British counterpart on Tuesday that Washington welcomed apparent progress in talks between Britain and the European Union aimed at…
UK’s December shopper numbers defy inflation and rail strikes hit
LONDON (Reuters) – Shopper numbers across Britain in December rose 5.8% from November and were up 9.9% compared to 2021 despite the impact of the cost-of-living crisis and national rail strikes, research…
UK’s National Grid cancels standby notice for two coal units
(Reuters) – Britain’s National Grid cancelled standby notices for Drax Group’s two coal units on Monday, according to Elexon’s website. Earlier in the day, the grid operator issued start-up notices for two…
UK’s Hunt: finance reforms won’t repeat pre-2008 mistakes
LONDON (Reuters) – British finance minister Jeremy Hunt said the financial services reforms he announced on Friday would not lead to a repeat of the regulatory errors that contributed to the 2008…
Analysis-Tough budget leaves UK’s growth challenge unmet
By William Schomberg and David Milliken LONDON (Reuters) – British finance minister Jeremy Hunt says higher taxes and curbs on spending are the price that must be paid to allow the economy…
UK’s Hunt: labour shortages more of an issue than Brexit for economy
LONDON (Reuters) – Britain’s labour force shortages are more of an issue for the economy than Brexit, finance minister Jeremy Hunt said on Sunday, adding that he would seek to address constraints…
UK’s Lloyds Bank offers UK staff 2,000 pounds minimum pay rise
By Iain Withers LONDON (Reuters) – Britain’s biggest domestic bank Lloyds has offered UK staff a minimum 2,000 pounds ($2,242) pay rise, a source with knowledge of the talks told Reuters, as…
Analysis: UK’s Hunt faces triple threat from debt, recession and Conservative rebels
By William Schomberg LONDON (Reuters) – Newly confirmed finance minister Jeremy Hunt must keep investors calm about Britain’s debt mountain, avoid causing a deep recession and work out a way to stop…
UK’s Rishi Sunak becomes richest ever occupant of Number 10
By Alistair Smout LONDON (Reuters) – With his ascent to prime minister, Rishi Sunak and his wife Akshata Murthy will become the richest ever occupants of Number 10 Downing Street just as…
Fazoli’s Teams Up with UK’s Star Freshman Point Guard for First-Ever NIL Partnership
Tyrone “TyTy” Washington Jr. Iconic Italian brand signs first NCAA-sponsored athlete – TyTy Washington Jr. – and launches TyTy Trio, available through Dec. 19 at participating locations Lexington, KY (-) Fazoli’s –…
Visit The Mitre and Richmond’s Carbon Neutral Pizza Kitchen Named After the UK’s Cutest Pub Dog
The Mitre, in Richmond, has taken huge steps forward in the hospitality industry by introducing a carbon neutral pizza kitchen, which is named after Rudi the Cocker Spaniel, a previous winner of…
UK’s Truss: ‘Sorry’ for the mistakes, but ‘I’m sticking around’
LONDON (Reuters) -Britain’s Prime Minister Liz Truss apologised for “mistakes” in her programme that caused investor confidence to evaporate and her poll ratings to plunge before nearly all of it was finally…
Analysis-Despite tax U-turn, UK’s Hunt still faces tough budget choices
By William Schomberg LONDON (Reuters) – The screeching about-turn on tax cuts by finance minister Jeremy Hunt on Monday will not spare Britain from painful spending cuts and new tax hikes to…
UK’s Hunt says he will raise 32 billion pounds more in tax, limit power subsidies
LONDON (Reuters) -British finance minister Jeremy Hunt, seeking to quell a bond market rout, listed on Monday tax changes that he said would raise an extra 32 billion pounds ($36.16 billion) a…
UK’s Hunt brings forward fiscal announcement to Monday
LONDON (Reuters) – New British finance minister Jeremy Hunt will announce tax and spending measures on Monday, two weeks earlier than previously scheduled, the finance ministry said as Hunt tries to turn…
UK’s Hunt to delay another tax cut to plug 72 billion stg black hole-Sunday Times
LONDON (Reuters) – Britain’s new finance minister Jeremy Hunt is to delay a planned reduction to the basic rate of income tax by one year after the country’s fiscal watchdog warned that…
UK’s Truss sacrifices close friend Kwarteng over unloved fiscal plan
By Alistair Smout and Elizabeth Piper LONDON (Reuters) – He was one of her closest friends and supporters, but Prime Minister Liz Truss sacked Britain’s first Black finance minister Kwasi Kwarteng just…
UK’s Kwarteng heads home early amid reports of fiscal policy U-turn
By William Schomberg and David Lawder LONDON/WASHINGTON (Reuters) -British finance minister Kwasi Kwarteng cut short his trip to Washington for this week’s global finance minister meetings and has headed back to London…
UK’s Truss to tell G7: stick by Ukraine in face of Russian attacks
LONDON (Reuters) – British Prime Minister Liz Truss on Tuesday will tell other Group of Seven leaders to remain steadfast in their support of Ukraine and request an urgent meeting of NATO…
UK’s Co-op expects inflationary pressures to continue, interim profit slumps
(Reuters) – Britain’s Co-operative Group reported a sharp drop in its interim profit on Thursday, as the supermarkets-to-funerals provider continued to face supply chain snags, and higher wage and energy costs, amid…
UK’s Truss presses on with ‘controversial’ economic plan, says it’s the right course
LONDON (Reuters) -British Prime Minister Liz Truss defended her economic plan that has roiled financial markets, saying on Thursday she was willing to take “controversial” steps to reignite growth and would not…
UK’s Kwarteng tries to reassure bankers, gets nervous response
By William James, Huw Jones and Sinead Cruise LONDON (Reuters) -British finance minister Kwasi Kwarteng sought to reassure investment bank executives on Wednesday the government had sound fiscal plans, in the face…
UK’s top manufacturing body slashes forecasts for 2023
LONDON (Reuters) – Britain’s manufacturers association on Thursday slashed its forecast for growth in factory output next year, citing huge uncertainty around demand and energy prices. Make UK downgraded its forecast for…
Breaking News
