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Brexit remains politically divisive in the UK, despite growing numbers of voters voicing frustration over the lasting impacts of leaving the EU. The UK’s prime minister raised the specter of the country rejoining the EU, an issue that remains politically divisive despite growing numbers of voters voicing frustration ov
The pound has been consolidating at close to year-to-date lows against the US dollar this week at just above the 1.3200-level. The pound has been supported this year by the resilient performance of the UK economy. There was further good news this morning when it was revealed that economic growth revised up by 0.1 ppt t
Prime Minister Andy Burnham told the BBC and Labour conference that Britain should examine models for its future EU relationship, including potentially rejoining the bloc.
Reuters lists top Financial Times stories, including Deloitte’s record UK partner pay, Shell’s LNG Canada Phase 2 expansion, Labour’s business-cost message, and Man City finances.
Quilter analyst Phil Ross said equity-cost and capex needs for a water acquisition could exceed GBP 200 billion and that the GB Grid would likely have limited impact, as Andy Burnham confirmed Labour plans to lift the ban on public ownership of water companies.
He said he will lay out options at the November summit and try to find consensus around one.
Burnham said he is setting up a national commission and Labour will contest the 2029 election with a manifesto commitment to change the electoral system.
UK's PM Burnham ends speech at the Labour Party Conference.
Andy Burnham said Labour will contest the next election in 2029 with a manifesto commitment to change the electoral system, after setting up a national commission for reform and inviting all parties to participate.
Andy Burnham said he will legislate to repeal the ban on public ownership of water companies and present a strengthened Water Bill, with mayors gaining new powers to hold firms to account. Shares in Severn Trent, Pennon and United Utilities traded down by 0.9%-1.6% after the announcement, Reuters reported.
Burnham told the Labour Party conference the national care service would be free at the point of use and funded so care charges would not be taken from a basic state pension.
Andy Burnham said he would legislate to repeal the ban on public ownership of water companies and promised a ten-year plan for a “very different water system”, strengthening public control, at the Labour Party conference.
British Prime Minister Andy Burnham said on Tuesday he would legislate to repeal a ban on the public ownership of water companies, promising a ten-year plan to "a very different water system"."It will strengthen public control," he told the Labour Party conference on Tuesday.
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US stocks and Treasuries edged higher as oil prices eased, with investors holding back ahead of the week’s first labor-market data and a series of artificial-intelligence events. S&P 500 futures rose 0.1% after the index erased its monthly gains in the previous session. The cautious tone was also evident in bonds, with
FTSE 100 futures were up 0.1%. Reuters highlighted AstraZeneca's $2 billion investment in Summit Therapeutics, slower UK shop price inflation and firmer oil and gold.
Reuters says HSBC moved the loans in the first half as part of a cleanup of the Hong Kong bank after taking full control.
Counterterrorism officers are leading the investigation after the men were detained near the base in west England. A source familiar with the probe said an Iranian-linked motive was considered the most likely.
He says the decision is a matter for people living near the airport as Heathrow expansion remains under consultation.
Burnham said the decision was for London residents and did not immediately endorse the airport expansion backed by the previous government.
Burnham said investors need to see the government face up to difficult fiscal realities before bigger changes can be made.
Speaking in a lengthy New Statesman profile: PM Andy Burnham says that he sticks by his 2025 comment claiming the UK should not be "in hock to the bond markets". In attempting to add clarity, Burnham states, "I mean, the point about the bond markets, it holds - in that what I was saying was the country has left itself
EXECUTIVE SUMMARY * TRUMP HAILS IRAN TALKS EVEN AS TEHRAN SETS 'FIRM POSITIONS': #0244e48b-2945-4b3b-8085-728a924ddf38 * ZELENSKY ASKS TRUMP FOR WINTER ARMS PACKAGE, EXPECTS ENERGY-CEASEFIRE PUSH: WSJ: #cddd3044-ae77-4efa-9233-fb28b1e6f368 * NAGEL SAYS 'VIGILANT' ECB MAY NEED MILDLY RESTRICTIVE RATES: #13be4029-5b8c-40
EXECUTIVE SUMMARY * TRUMP HAILS 'VERY GOOD' IRAN TALKS FOLLOWING ANNIHILATION THREAT - BBG: #cdbad0a1-5c8d-4cdb-9819-370162b99299 * ZELENSKY ASKS TRUMP FOR WINTER ARMS PACKAGE, EXPECTS ENERGY-CEASEFIRE PUSH - WSJ: #a4c79a68-e487-466b-a806-4885fa3200e0 * LASTING SHOCKS, FIRMING DEMAND REQUIRE FED ACTION - BARKIN - MNI
(Changes sourcing, adds background) LONDON, Sept 17 (Reuters) — British finance minister John Healey will urge his counterparts in the European Union not to exclude Britain from the bloc's "Made in Europe" industrial policy at a meeting in Dublin later, as he presses for deeper economic and security ties. Healey wants
UK PM Burnham: Will Stick To Labour Party Manifesto Promise On Taxes When Funding Social Care
UK PM Burnham Names Bridget Phillipson As Labour Party Chair
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US Sending Dozens More Refuelling Planes To Israel Ahead Of Possible Escalation - No Strike Hit Bushehr Nuclear Plant; Media Claims Unfounded - Press TV - Trump: To Add Cost Of Air Pollution To Canada Tariffs - Trump Media Pitched $100k Monthly Fee For Fast Feed Of President's Posts - Hammack Sees No Conflict In Fed's
UK Labour Leader Burnham: If We Don't Have Sufficient Public Control Over Cost Of Essentials, How Can We Control Inflation?