LONDON (Reuters) – The European Court of Justice (ECJ) should not be the final arbiter of any disputes in Northern Ireland that develop between Britain and the European Union, a spokesman for Prime Minister Liz Truss said on Monday. Truss could give EC…
Athletics-Briton Ujah gets 22-month ban for doping violation
(Reuters) -British sprinter Chijindu Ujah was banned by the Athletics Integrity Unit (AIU) for 22 months on Monday for a doping violation at last year’s Tokyo Olympics but cleared him of intentionally taking prohibited substances. Ujah was provisionall…
Belarus, Russia to form joint military group, Lukashenko says
LONDON (Reuters) – Belarusian leader Alexander Lukashenko said Belarus and Russia will deploy a joint military task force in response to what he called an aggravation of tension on the country’s western borders, the state-run Belta news agency reported…
UK’s Kwarteng moves to calm investors with early budget date and Treasury pick
By Andy Bruce, William Schomberg and David Milliken LONDON (Reuters) – British finance minister Kwasi Kwarteng, who last month sparked a bond market rout and international consternation with unfunded tax cuts, brought forward his next budget announceme…
Analysis-British banks’ mortgage payday comes with sting in the tail
By Iain Withers, Sinead Cruise and Lawrence White LONDON (Reuters) – While British households head into a winter of soaring energy costs, a tumbling currency and nearly double-digit inflation, the country’s banks are in line for a handsome payday as mo…
Iran calls on foreign visitors to respect law as protests persist
DUBAI (Reuters) -Foreign visitors to Iran should respect the Islamic Republic’s laws, its foreign ministry spokesman said on Monday, as protests continue over a woman’s death in police custody that Tehran has blamed on “foreign enemies”. Last month, Ir…
UK trial lawyers vote to end strike action
LONDON (Reuters) – Britain’s Criminal Bar Association said on Monday that its members voted to accept the government’s proposal on pay and suspend strike action, but noted that the criminal justice system “remains chronically underfunded”. The CBA, whi…
FTSE 100 falls as bonds selloff, geopolitical tensions weigh
By Sruthi Shankar and Bansari Mayur Kamdar (Reuters) -UK’s blue-chip stock index fell for a fourth straight session on Monday, tracking a slide in global markets, while yields shot up across the range of British debt maturities despite a raft of announ…
High inflation increases risks for financial stability, Dutch central bank says
AMSTERDAM (Reuters) – The current high levels of inflation could persist longer than financial markets and economic models now predict, posing a challenge to the stability of the financial sector, the Dutch central bank (DNB) said on Monday. “Inflation…
Carmaker Stellantis strikes nickel and cobalt supply deal for battery production
PARIS (Reuters) -Stellantis announced it had signed a non-binding agreement with GME to secure raw material supplies, including nickel and cobalt sulphate, needed to produce electric vehicle batteries. The memorandum with the GME mining company “repres…