UK

LONDON (Reuters) – Britain’s Queen Elizabeth made a surprise appearance in the front row at a fashion catwalk on Tuesday where she watched a show by emerging designer Richard Quinn. The 91-year-old monarch, dressed in a pale blue suit, sat next to Anna Wintour, editor in chief of American Vogue magazine, as models displayed a
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LONDON (Reuters) – Britain should not force its regulators into trade-offs between market stability and helping London remain a leading global financial centre after the country leaves the European Union, a top regulator said on Tuesday. Charles Randell, who becomes chair of the Financial Conduct Authority (FCA) in April, told lawmakers the watchdog’s predecessor agency
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LONDON (Reuters) – With little more than a year to go before Britain leaves the European Union, many British manufacturers are stepping up their calls for Prime Minister Theresa May and her government to explain what Brexit will mean for them. Representatives of companies ranging from international chemicals producers to small engineering firms at an
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LONDON (Reuters) – Britain’s financial sector will be “the servant of industry not the masters of all” if the opposition Labour Party gets into power, its leader Jeremy Corbyn said on Tuesday, accusing bankers of taking the economy hostage. Corbyn, a socialist who has won over many voters with promises to renationalise services and increase
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VIENNA (Reuters) – Brexit minister David Davis said on Tuesday Britain and the European Union could reach a deal to access each others’ markets and dismissed fears Britain would use Brexit to cut regulation to attract global businesses, despite past threats to do so. In the latest of several speeches by ministers to lay out
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LONDON (Reuters) – Brexit minister David Davis will say on Tuesday that Britain has no plans to recast itself as a regulation-light economy undercutting rivals on the continent, as he attempts to dispel a major concern of European Union leaders. In the latest of several speeches by ministers intended to lay out the government’s plans
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LONDON (Reuters) – British manufacturers urgently need clarity on whether the country will clinch a Brexit transition period to smooth its departure from the European Union, the head of a body representing the industry will say on Tuesday. With Prime Minister Theresa May hoping to secure an approximately two-year transition deal from her EU peers
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LONDON (Reuters) – Britain’s Supreme Court was hearing on Tuesday whether a plumber hired on a self-employed basis should have received workers’ rights, in a case which could affect the business models of major firms operating in the gig economy. Taxi app Uber [UBER.UL], car service Addison Lee and takeaway food courier Deliveroo are among
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LONDON (Reuters) – Brexit minister David Davis will say on Tuesday that Britain has no plans to recast itself as a regulation-light economy undercutting rivals on the continent, as he attempts to dispel a major concern of European Union leaders. In the second of several speeches by ministers intended to lay out the government’s plans
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LONDON (Reuters) – Lloyds (LLOY.L) investors are expecting a share buy-back and a three-year plan centred on digital investment and growing its insurance and wealth businesses when the British bank reports on Wednesday. Britain’s biggest mortgage lender will announce the strategy with its first full-year results since the government sold the remainder of its stake
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LONDON (Reuters) – Britain’s government is setting out what it wants to achieve from its future partnership with the European Union, Prime Minister Theresa May’s spokesman said on Monday, countering criticism that ministers are still divided over Brexit. “I think you can see from the series of speeches which are taking place – and there
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LONDON (Reuters) – Students at British universities could be charged variable tuition rates that reflect the economic value of their degrees, Minister for Education Damian Hinds said on Sunday, before the launch of a review of higher education funding. University tuition fees in England are high compared with elsewhere in Europe at around 9,000 pounds
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LONDON (Reuters) – British eurosceptic party UKIP was thrown into turmoil again on Saturday when its members removed leader Henry Bolton after less than five months in charge following criticism of his leadership and a scandal about racist comments made by his lover. The anti-EU United Kingdom Independence Party (UKIP) was an influential force in
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MUNICH (Reuters) – Prime Minister Theresa May made her case on Saturday for a new security treaty with the EU from next year, winning support from EU and U.S. officials who agreed the issue was too important to risk getting subsumed in broader Brexit negotiations. In a speech to Western leaders and officials in Munich,
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MUNICH (Reuters) – Britain and the EU should sign a new security treaty and must not let ideological differences block co-operation in that sector after Brexit, Prime Minister Theresa May said on Saturday. May said key aspects of a future partnership should be effective from 2019, emphasising she was unconditionally committed to European security. Britain
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LONDON (Reuters) – Britain and the EU must not let ideological differences block co-operation over security matters after Brexit, Prime Minister Theresa May will say in a speech in Munich on Saturday, her office said. Britain says that the issue of security is too important to become entangled in the compromises of Brexit negotiations, and
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LONDON (Reuters) – Canadian luxury outerwear brand Sentaler made its first foray into London Fashion Week on Friday, with a private showcase that aimed to capitalise on its recent association with Meghan Markle, the actress fiancée of Britain’s Prince Harry. For fashion brands, having apparel seen on a member of Britain’s royal family can lead
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LONDON (Reuters) – Oxfam has agreed not to bid for any new funding from Britain’s government until London is satisfied the charity meets sufficient ethical standards, development minister Penny Mordaunt said on Friday. The Times newspaper reported last week that some Oxfam staff had paid for sex with prostitutes in Haiti after the country’s 2010
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LONDON (Reuters) – Britain’s financial watchdog said it would not publish the full report into Royal Bank of Scotland Group’s (RBS.L) treatment of small businesses, but instead sent a copy of the report to lawmakers on Friday. The cross-party Treasury Select Committee had given the Financial Conduct Authority a deadline of Friday to either publish
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ROTTERDAM (Reuters) – The Port of Rotterdam is bracing for a British exit from the European Union without any deal on customs, and looking at measures such as hiring 100 extra customs agents and dozens of fresh produce inspectors. CEO Allard Castelein said he had had two meetings in the past week with “policy makers,
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