Reuters UK/EU

UK firms flag over $1.4 billion in labour costs from increase in national insurance, wages

(This Nov. 27 story has been corrected to say that Pets At Home and Halfords expect an increase in costs from a rise in both NIC and minimum wages, not just NIC) (Reuters) – British companies have flagged an increase of 1.1 billion pounds ($1.40 billion) in labour costs related to a rise in employers’ …

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Five investors in UK Sizewell C nuclear stake bidding process, developer says

By Susanna Twidale LONDON (Reuters) – Five investors are involved in the bidding to take potential stakes in the Sizewell C nuclear plant being built in Britain by the government and France’s EDF, the project developer told Reuters on Thursday. Britain’s Labour government has said nuclear plants will play an important role in helping the …

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Datalogic employees in Italy plan stoppages over wage concerns

ROME (Reuters) – Workers at Italy’s Datalogic plan a series of stoppages during December and January in response to the company’s failure to increase wages and reduce working hours, unions said on Thursday. Italian workers from multiple sectors have been staging numerous protests in recent months, voicing their discontent over salaries and working conditions. Unions …

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Starmer pledges measurable ‘milestones’ to rebuild Britain after rocky start

By Alistair Smout and Elizabeth Piper IVER, England (Reuters) -Prime Minister Keir Starmer pledged on Thursday to deliver on his priorities to rebuild Britain by offering voters targets for improved living standards and more home building in a speech he hopes will draw a line under a bumpy start to government. Five months since his …

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Factbox-The six milestones Starmer says will define success of UK government

By Andrew MacAskill LONDON (Reuters) – British Prime Minister Keir Starmer on Thursday announced six priorities intended to convince dissatisfied voters he was addressing their concerns after his approval ratings have plunged since Labour’s national election victory in July. Below is a list of what he called “milestones” he wants to achieve by the next …

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Thames Water creditors unable to block use of $3.8 billion loan for fines, Sky News reports

(Reuters) – The largest creditor group of Thames Water has failed to stop a proposed 3 billion pound ($3.82 billion) financing package to settle regulatory fines imposed on the utility for a string of environmental and performance failings, Sky News reported on Thursday. A key clause that would have allowed the company’s primary lenders, who …

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US concerned about potential interference in Romanian election

By Luiza Ilie BUCHAREST (Reuters) -The U.S. voiced concern about potential foreign interference in Romania’s presidential election after the declassification of documents showing the country was a target of “aggressive hybrid Russian attacks” during a period of three consecutive ballots. Having previously polled in single digits, pro-Russia ultranationalist Calin Georgescu surged to victory in the …

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