By David Milliken LONDON (Reuters) -The Bank of England said on Friday it would rely on a key U.S. regulator’s assessment of U.S.-based central counterparties (CCPs) which clear financial trades in Britain, in order to reduce duplication of work by supervisors. The BoE signed an agreement with the U.S. Commodities and Futures Trading Commission (CFTC) …
Britain recognises CFTC oversight of US clearing houses in UK Read More »
By Sachin Ravikumar and Muvija M LONDON (Reuters) -Nurses in England rejected an offer of a 5% pay rise on Friday and set out plans for further strikes, dealing a blow to Prime Minister Rishi Sunak’s attempts to end the dispute and potentially further straining the country’s health service. About 54% of nurses who took …
Nurses in England reject pay offer, plan more strikes Read More »
LONDON (Reuters) -A 23-year-old man was found guilty of threatening behaviour on Friday after throwing at least five eggs at King Charles in November when the monarch visited York in northern England, prosecutors said. The Crown Prosecution Service (CPS) said Patrick Thelwell was sentenced to a 12-month community order with “100 hours of unpaid work” …
Man found guilty of threatening behaviour after eggs thrown at King Charles Read More »
By Pablo Mayo Cerqueiro, Amy-Jo Crowley and Andres Gonzalez LONDON (Reuters) – The Co-operative Bank is in the early stages of exploring strategic options, people familiar with the matter told Reuters, in a move that could kickstart long-touted consolidation among Britain’s midsized banks. The bank has been working with advisers at PJT Partners and Fenchurch …
Exclusive-Britain’s Co-op Bank weighs options including sale, IPO –sources Read More »
LONDON (Reuters) -Ambulance staff and others health workers represented by the Unison union in England have voted to accept a 5% wage increase proposed by the government to end strike action, the union said on Friday, saying it was was the best pay deal available. Almost three quarters of health service workers in England voted …
Ambulance staff in England vote for pay deal -union Read More »
By Shristi Achar A and Johann M Cherian (Reuters) -Britain’s FTSE 100 ended higher on Friday and logged its fourth straight weekly gain, boosted by shares of big British banks, while Dechra surged following news of talks for a takeover deal. The blue-chip FTSE 100 closed 0.4% higher at a one-month high, boosted by banks …
FTSE 100 ends higher on bank boost; Dechra shines Read More »
(Reuters) – British banknote printer De La Rue Plc said on Friday chairman Kevin Loosemore has resigned from his role and will leave office on May 1. Loosemore’s resignation comes weeks after its third-largest shareholder Crystal Amber Fund Limited had called for a general meeting to oust the company’s chairman. The company said it has …
Banknote printer De La Rue’s chairman steps down Read More »
By Max Hunder KYIV (Reuters) -Ukraine barred its national sports teams from competing in Olympic, non-Olympic and Paralympic events which include competitors from Russia and Belarus, the sports ministry said in a decree on Friday. Ukraine’s deputy sports minister, who signed off on the move, told Reuters in an interview that it was a “bad …
Ukraine bars its national teams from events with Russians, Belarusians Read More »
(Fixes typo in first paragraph) By Joice Alves LONDON (Reuters) – European banks surged on Friday, rising to a one-month high, gaining support from U.S. lenders, which reported better-than-expected results in the first quarter. The STOXX 600 index of European banks gained as much as 3% to reach its highest since mid-March after JPMorgan, Citigroup …
European banks surge on strong Q1 results from U.S. peers Read More »
ELBASAN, Albania (Reuters) – A court in Albania decided on Friday not to extradite a Russian self-proclaimed blogger arrested last August on spying charges, who faces similar charges in Moscow. Svetlana Timofeeva, 34, was arrested with another Russian and a Ukrainian in August 2022 on charges of entering a former military factory some 80 km …
Albanian court refuses to extradite Russian blogger Read More »
