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…
UK’s Johnson to leave home woes behind in visit to India
LONDON – British Prime Minister Boris Johnson will seek to put his domestic problems behind him when he visits India this week on a trip to strengthen links between the two countries…
UK’s surging jobs markets shows signs of stabilisation – REC
LONDON – A surge in demand for workers in Britain is showing some signs of stabilising, according to a survey published on Friday that may provide some comfort to the Bank of…
Royal Bank of Canada offers $2.1 billion for UK’s Brewin Dolphin
By Huw Jones and Nichola Saminather LONDON -Royal Bank of Canada became the latest Canadian lender to expand overseas with a 1.6 billion pound ($2.1 billion) all-cash offer for U.K.-based wealth manager…
UK’s Prince William says he wants to serve after Caribbean criticism
LONDON – Prince William has said he is committed to service and “not telling people what to do” after a tour of the Caribbean that was marked by protests over the British…
UK’s Sunak says his priority is to cut taxes
LONDON -British finance minister Rishi Sunak said on Friday his priority was now to cut taxes having already taken measures to tackle the huge hole in the public finances caused by his…
UK’s Sainsbury’s stops selling products 100% sourced from Russia
LONDON – British supermarket group Sainsbury’s has removed from sale all products that are 100% sourced from Russia in response to Russia’s invasion of Ukraine, it said on Friday. It said from…
Never Knowingly Undersold no more, UK’s John Lewis drops 96-year old price pledge
By James Davey and Aby Jose Koilparambil – British department store retailer John Lewis will this summer abandon the “Never Knowingly Undersold” price pledge it has maintained since 1925, it said on…
UK’s inflation bill eats into Sunak’s budget leeway
By William Schomberg and Andy Bruce LONDON -Fast-rising inflation is pushing up the British government’s debt interest bill sharply and limiting finance minister Rishi Sunak’s options to ease a cost-of-living squeeze in…
UK’s Truss vows to ‘raise the cost’ if Russia takes further action
LONDON – British Foreign Secretary Liz Truss said on Sunday that Russia’s claims it has no plans to invade Ukraine were false and the UK and allies were resolved to “raise the…
UK’s Elizabeth wants Charles’ wife to be ‘Queen Camilla’ when he’s king
By Andy Bruce LONDON -Britain’s Queen Elizabeth said on Saturday that she wants Prince Charles’ wife Camilla to be styled Queen Consort when he becomes king, cementing her place at the heart…
France’s Macron, in call with UK’s PM, says dialogue needed on Ukraine
PARIS – French President Emmanuel Macron discussed the Ukraine crisis by phone with British Prime Minister Boris Johnson, and underlined the need “to maintain dialogue to de-escalate (the situation),” the French presidency…
Opponents say UK’s Johnson must reveal any lockdown party fines
By Michael Holden and Elizabeth Piper LONDON -The public must be told if British Prime Minister Boris Johnson or his staff are fined for attending parties at Downing Street during coronavirus lockdowns,…
UK’s Harry and Meghan voice concern to Spotify over COVID-19 misinformation
LONDON – Britain’s Prince Harry and his wife Meghan have expressed their concern to Spotify about COVID-19 misinformation on its platform and are committed to continuing to work with the company, a…
UK’s Johnson and Sunak: We will go ahead with payroll tax rise
LONDON – A planned increase in British social security contributions from workers and employers will go ahead in April, Prime Minister Boris Johnson and finance minister Rishi Sunak said, despite calls to…
UK’s rich and poor face similar inflation – but different economic pain
By Andy Bruce LONDON – Britain’s rich and poor alike are experiencing surges in inflation, official data showed on Friday, although soaring food and energy prices mean low-income households stand less chance…
UK’s Amigo says CFO Mike Corcoran to step down
-British subprime lender Amigo Holdings said on Monday Chief Financial Officer Mike Corcoran will step down immediately, on a day where its shares fell as much as 62% after the firm flagged…
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