UK

LONDON (Reuters) – The Bank of England said it was likely to raise interest rates in the coming months if the economy and price pressures keep growing, giving its clearest signal to date that Britain’s first rate hike in a decade is approaching. The BoE said its tolerance for above-target inflation was lessening even if
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(Reuters) – British MPs accused outsourcer G4S of repeated failures of detainee welfare safeguards and whistleblowing mechanisms at a secure immigration unit, after physical and verbal abuse by guards was revealed in a BBC documentary. G4S, contracted by the British government to run the Brook House detention centre near Gatwick Airport in southeast England, earlier
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LONDON (Reuters) – The British government said on Thursday it was in talks with the European Union to ensure a smooth transition for its nuclear industry as Britain moves away from Euratom’s regulatory regime to a domestic one. The nuclear industry has raised concerns that its operations and investments could be hampered should Britain fail
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LONDON (Reuters) – House prices in central London fell at their sharpest pace since 2008 in August, intensifying the slowdown in the capital’s housing market, but prices went up in other regions of Britain, a survey showed on Thursday. The Royal Institution of Chartered Surveyors (RICS) said its monthly balance of overall British house prices
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EDINBURGH (Reuters) – Almost one quarter of Scottish engineering and manufacturing firms have lost or are at risk of losing staff because of Britain’s decision to leave the European Union, a survey published on Wednesday found. The poll by accountants Henderson Loggie also found almost three quarters of firms surveyed had problems recruiting staff with
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LONDON (Reuters) – Britain’s job market is defying the Brexit blues but wages are still in the dumps, data showed, suggesting the Bank of England will tread carefully on Thursday with any signals about when it may finally raise interest rates. The sub-inflation pay growth could also add to the pressure on Prime Minister Theresa
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LONDON (Reuters) – Prime Minister Theresa May has asked President Donald Trump to intervene in a dispute between Boeing Co and Canadian rival Bombardier to help secure thousands of jobs in Northern Ireland. British ministers have also approached Boeing directly in an attempt to get the world’s largest aerospace company to drop its challenge against
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LONDON (Reuters) – Britain’s government partially abandoned a cap on public-sector pay on Tuesday, saying it would raise wages for police and prison guard by more than its long-standing 1 percent limit. Workers in Britain are unhappy over pay growth since the financial crisis which has fallen by more in inflation-adjusted terms than in any
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EDINBURGH (Reuters) – Scotland’s devolved government has recommended that its parliament at Holyrood withhold consent for legislation to withdraw Britain from the European Union, on the grounds that it could water down their powers, a document filed by the Scottish government said on Tuesday. The approval of the devolved parliaments in Scotland and Wales does
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LONDON (Reuters) – Britain’s parliament backed a second reading of legislation to sever ties with the European Union early on Tuesday, a reprieve for Prime Minister Theresa May who now faces demands by lawmakers for concessions before it becomes law. After more than 13 hours of speeches for and against the legislation, which May says
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LONDON (Reuters) – Britain wants to have closer defence cooperation with the European Union after Brexit than other countries outside the union, according to a document that sets out a vision of “a deep security partnership” aimed at nudging talks forward. Britain wants to contribute its military assets to EU operations after it leaves the
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(Reuters) – The British government is set to lift, for police and prison officers, a 1 percent cap on public-sector pay increases, the BBC reported on Sunday. Ministers are expected to accept recommendations for higher pay rises this week, paving the way for similar increases for other government employees, BBC said. (bbc.in/2vNPDnE) The higher increases
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LONDON (Reuters) – Armed with a tupperware box full of home-made chocolate brownies, Prime Minister Theresa May made an appearance on Britain’s most popular cricket programme on BBC radio on Friday and took to task those who call her “robotic”. May, 60, is an avid fan of cricket and was introduced to the programme, “Test
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BERLIN (Reuters) – Brexit campaigner Nigel Farage received a standing ovation at a pre-election rally of the anti-immigration Alternative for Germany (AfD) in Berlin on Friday, where he was presented as a model of what a right-wing eurosceptic politician can achieve. Far-right parties have suffered setbacks this year at elections in France and the Netherlands,
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LONDON (Reuters) – Britain’s Brexit-bound economy is showing little sign that its leaden performance in the first half of 2017 is improving much, despite hints of better times for manufacturers in data released on Friday. Factory output increased at the fastest pace this year during July, but this was set against a sharp decline in
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BERLIN (Reuters) – Brexit campaigner Nigel Farage said on Friday that British Prime Minister Theresa May might be out of a job by Christmas unless she manages to get her party behind her and take charge of Brexit negotiations. Speaking at an election campaign event for the right-wing Alternative for Germany (AfD) in Berlin, Farage
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