UK

LONDON (Reuters) – Ratings agency Moody’s downgraded Britain’s credit rating by a further notch on Friday, saying the government’s plans to fix the public finances had been knocked off course and Brexit would weigh on the economy. A few hours after Prime Minister Theresa May set out plans for a new relationship with the European
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FLORENCE, Italy (Reuters) – Prime Minister Theresa May set out a plan on Friday to retain full access to the EU’s single market for two years after Brexit to try to reassure business and reset the tone of stalled negotiations with Brussels. But her proposals for such a transition, for meeting Britain’s financial obligations and
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LONDON (Reuters) – London deemed Uber unfit to run a taxi service on Friday and stripped it of its license to operate from the end of next week in a major blow to the U.S. firm and 3.5 million users in one of the world’s wealthiest cities. The capital’s transport regulator said the Silicon Valley
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FLORENCE, Italy (Reuters) – Expatriate Britons gathered in Florence on Friday to voice their frustration at how Brexit will impact them, awaiting the British prime minister’s arrival in the Italian city to set out her vision for future ties with the European Union. May will try to rescue the stalled talks over terms for Britain’s
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(Reuters) – British police said they have released two men arrested as part of the investigation into last week’s Tube attack in Parsons Green, London, which injured 30 people. A 21-year-old man arrested in Hounslow on Sept. 16 and a 48-year-old man arrested in Newport on Sept. 20 were released by the police with no
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PARIS (Reuters) – Former Airbus UK President Paul Kahn is set to be appointed to a top sector position at Cobham Plc (COB.L), helping Chief Executive David Lockwood lead a turnaround of the struggling British defence supplier, two industry sources said. Neither Kahn, who also heads Britain’s ADS defence industry lobby, nor the UK company
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DUBLIN (Reuters) – Ryanair boss Michael O‘Leary on Thursday scrambled to placate pilots and reassure investors as the airline’s annual general meeting was dominated by the cancellation of 2,000 flights in a “cock-up” that exposed major staffing issues. The often outspoken CEO told investors that no more flights would be cancelled because of rostering issues
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LONDON (Reuters) – British Prime Minister Theresa May will say she wants a two-year transition deal after leaving the European Union in March 2019 in a speech in Florence on Friday, the BBC’s political editor said. May, who is weakened after losing her party’s majority in a June election, will speak directly to EU leaders
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UNITED NATIONS (Reuters) – Prime Minister Theresa May urged social media companies on Wednesday to more swiftly remove “terrorist content” from the internet, with the aim of stopping it from being uploaded in the first place. “The tech companies have made significant progress on this issue, but we need to go further and faster to
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LONDON (Reuters) – Amazon.com (AMZN.O) said on Wednesday it was reviewing its website after an investigation found that it could help users buy the ingredients to make a bomb using its “Frequently bought together” and “Customers who bought this also bought” features. Britain’s Channel 4 News found the online retailer’s algorithm was suggesting items that
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LONDON (Reuters) – British retail sales unexpectedly surged in August, boosting chances the Bank of England will raise interest rates for the first time in a decade at its next meeting. More downbeat news, however, came from a BoE survey which showed no sign that wages were likely to grow much more quickly, tempering a
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LONDON (Reuters) – British employers are their most pessimistic about the outlook for the economy since last year’s Brexit vote and want clarity about the departure from the European Union, a survey showed on Wednesday. However confidence in hiring and investment remained stable this month, the survey by the Recruitment & Employment Confederation, representing recruitment
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NEWLYN, England/PARIS (Reuters) – For the fishermen of this small port on the toe of England, Britain’s vote to leave the European Union was an answer to their prayers. After 45 years chafing under what they saw as unfair quotas in one of the world’s richest fishing grounds, the UK government would finally, in the
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LONDON (Reuters) – Already facing the grim task of sifting through debris to find human remains at Grenfell Tower, the London social housing block where a fire killed about 80 people, police are now also having to investigate suspected thefts from survivors’ apartments. Home to a poor, multi-ethnic community within one of London’s richest boroughs,
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LONDON (Reuters) – Britain’s Liberal Democrats are to set out on Tuesday their plan to stop Brexit, with party leader Vince Cable appealing to opponents in all parties to put aside “tribal differences” and fight a divorce from the European Union. The fourth largest party with 12 representatives in the 650-seat parliament, the Liberal Democrats
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LONDON (Reuters) – Britain’s Liberal Democrats are to set out on Tuesday their plan to stop Brexit, with party leader Vince Cable appealing to opponents in all parties to put aside “tribal differences” and fight a divorce from the European Union. The fourth largest party with 12 representatives in the 650-seat parliament, the Liberal Democrats
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LONDON (Reuters) – British lawmakers on Monday urged the government to address the status of cross-border pensions and insurance contracts after Brexit, saying time to make changes ensuring people continued to be paid was running out. While Britain is not due to leave the European Union until March 2019, insurers have said that, due to
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LONDON (Reuters) – British police arrested a second man over the bombing of a London commuter train on Friday that injured 30 people and the security services lowered the threat level for an attack from its highest setting. The 21-year-old man was detained under Britain’s terrorism laws in the west London suburb of Hounslow just
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LONDON (Reuters) – Britain’s foreign minister Boris Johnson was accused by cabinet colleagues on Sunday of “backseat driving” on Brexit after setting out his own vision of the country’s future outside the European Union. Only days before Prime Minister Theresa May is due to speak in Italy about Britain’s planned EU departure, Johnson on Saturday
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