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LATEST NEWS FROM UNITED KINGDOM
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UK's FTSE 100 slips on Middle East tensions, miners drag
London's FTSE 100 slipped on Wednesday as investors remained cautious over escalating tensions in the Middle East, while losses in precious metal miners outweighed gains in energy ...
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Sterling steadies near one-year high against euro
The British pound steadied against the dollar and held near its strongest level in over a year versus the euro on Wednesday, supported by expectations for higher interest rates.
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Briton jailed in Iran given additional two-year sentence, family says
The family of British couple Craig and Lindsay Foreman, who are serving a 10-year prison sentence in Iran on espionage charges that they deny, said on Wednesday that a judge had ...
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UK economy needs budget discipline, OECD says as Burnham prepares for power
Britain must maintain its budget discipline, tackle high pension spending and address soaring energy prices to speed up its economy, the OECD said on Wednesday, underscoring the c...
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UK's Dr Martens backs annual outlook on US wholesale demand
British bootmaker Dr Martens stuck to its fiscal 2027 outlook on Wednesday, citing encouraging wholesale demand in its largest market, the United States.
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India-UK trade pact takes effect, promising tariff cuts and services boost
India and Britain's comprehensive trade pact took effect on Wednesday, cutting tariffs on thousands of goods and widening access for services firms and professionals in both marke...
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UK's Bloomsbury Publishing holds forecast steady as AI deals support performance
Britain's Bloomsbury Publishing maintained its annual forecast on Wednesday, betting that continued AI licensing revenue and strength in its academic and professional business w...
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Barratt Redrow bets on buybacks over dividends amid deep share discount
Barratt Redrow said on Wednesday it would return £400 million ($536 million) to shareholders via buybacks instead of dividends, after forecasting annual profit in line with expect...
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UK's Thames Water says it is funded until Q4
Britain's Thames Water, at risk of nationalisation, said on Wednesday it had sufficient funding through to the last quarter of 2026, and it continued to work with credi...
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UK summons senior Iranian diplomat over alleged proxy attacks in Europe
Britain on Tuesday summoned Iran's most senior diplomat in London over what the UK government said was Iran's role in directing proxy groups to carry out attacks across Europe in...
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UK to issue first 'digital' bond by early 2027, finance minister says
Britain aims to become the first major advanced economy to issue a digital sovereign bond by doing so by early next year, finance minister Rachel Reeves said in a speech on Tue...
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UK's PM-in-waiting Andy Burnham calls for serious review of lawmakers' security
Britain's Andy Burnham, who is expected to become prime minister next week, said on Tuesday it was time for a serious review of security for members of parliament, speaking after...
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UK recruiters cut costs as war and AI deter hiring
British recruiters are cutting costs to bolster profits as global geopolitical tensions and AI-driven efficiencies weigh on hiring, while firms are also shifting to shorter-term c...
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Britain and EU formally sign Gibraltar treaty, easing border crossings
Britain and the European Union formally signed on Tuesday a treaty on the status of Gibraltar, following an agreement struck last year aimed at easing border crossings and ending...
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UK approval for China's mega embassy in London challenged in court by locals
Britain's approval for China to build a vast embassy in London was challenged in court on Tuesday, as a group of local residents argue that officials failed to consider the impact...
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UK's BBC warns its current funding model is not sustainable
The BBC warned its current funding model was not sustainable to fund its public broadcasting mission in its annual report on Tuesday, highlighting the gap between the number of us...
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Pound marches higher as investors focus on UK politics
The pound rose against the dollar on Tuesday as investors took profits after the U.S. currency's recent climb to more than one-year highs ahead of key U.S. inflation data later in...
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London's FTSE indexes ease as Iran conflict rattles markets
UK's FTSE indexes edged lower on Tuesday on escalating U.S.-Iran tensions, while losses in financial and travel stocks outweighed gains in energy shares from oil major BP's comment...
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