Reuters UK/EU

Britain’s RMT union accepts improved pay offer from Network Rail

LONDON (Reuters) – Rail workers at Britain’s RMT trade union have voted to accept an improved pay offer from Network Rail, ending a long-running dispute with the organisation which owns and maintains train infrastructure, the union said on Monday. Earlier this month, the rail union suspended planned strike action, which has caused widespread disruption to …

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Britain extends Avanti West Coast contract; draws criticism from unions

(Reuters) – Britain on Monday extended Avanti West Coast’s contract to run rail operations on routes including Manchester, Birmingham and London, citing an “improvement” in services, a move that drew criticism from labour unions. The contract extension to Avanti, which is majority owned by London-listed FirstGroup alongside minority partner Italy state-owned Trenitalia, comes after the …

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Lawmaker from Northern Ireland’s DUP to vote against new Brexit deal

BELFAST (Reuters) – A member of the British parliament for Northern Ireland’s Democratic Unionist Party said he would vote against a central element of the government’s deal with Brussels on post-Brexit trade rules and he expects his colleagues will do the same. Parliament will on Wednesday debate the so-called “Stormont brake”, a key part of …

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Exclusive-Credit Suisse tells staff plans for investment banking to be informed later -memo

SHANGHAI/HONG KONG (Reuters) – Credit Suisse Group AG has asked its staff to inform clients that plans for its investment banking business will be communicated in due course as details of its acquisition by UBS Group was still being worked out, according to an internal memo. Credit Suisse told staff its wealth clients’ assets are …

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