United Kingdom

Big Four told to ring fence auditing in Britain by June 2024

Big Four told to ring fence auditing in Britain by June 2024

Published 06/07/2020

LONDON (Reuters) - PwC, Deloitte, KPMG and EY should ring fence auditing in Britain as a separate business by June 2024, their regulator said on [more…]

Lloyds Bank CEO António Horta-Osório to leave next year

Lloyds Bank CEO António Horta-Osório to leave next year

Published 06/07/2020

(Reuters) - Lloyds Banking Group (LLOY.L) Chief Executive António Horta-Osório said on Monday he would step down next year after nearly a decade at the [more…]

UK new car sales post smaller slump in June

UK new car sales post smaller slump in June

Published 06/07/2020

LONDON (Reuters) - British new car registrations fell by an annual 35% in June, the smallest drop since February, as many dealerships reopened after coronavirus [more…]

World shares rally to four-week highs as investors bet on China revival

World shares rally to four-week highs as investors bet on China revival

Published 06/07/2020

LONDON (Reuters) - Global stock markets rallied to four-week highs on Monday as investors counted on a revival in Chinese activity to boost global growth, [more…]

UK decision on Huawei not set in stone, British minister says

UK decision on Huawei not set in stone, British minister says

Published 06/07/2020

LONDON (Reuters) - Britain’s decision to allow China’s Huawei to play a limited role in building its 5G network is not “fixed in stone” and [more…]

UK’s Sunak plans tax cuts to boost COVID recovery, The Times reports

UK’s Sunak plans tax cuts to boost COVID recovery, The Times reports

Published 06/07/2020

LONDON (Reuters) - British finance minister Rishi Sunak will try to restart the country’s economy by giving homebuyers a tax break and cutting value-added tax [more…]

UK’s Royal Mint celebrates singer Elton John with new commemorative coin

UK’s Royal Mint celebrates singer Elton John with new commemorative coin

Published 06/07/2020

LONDON (Reuters) - Elton John on Monday became the second artist to be honoured by Britain’s Royal Mint with a commemorative coin paying tribute to [more…]

UK pledges boost for the arts as it eyes socially distant performances

UK pledges boost for the arts as it eyes socially distant performances

Published 06/07/2020

LONDON (Reuters) - Britain will invest nearly $2 billion in the arts and hopes to allow outdoor and socially distanced performances at cultural venues as [more…]

UK hopes for socially distanced performances at cultural venues, minister says

UK hopes for socially distanced performances at cultural venues, minister says

Published 06/07/2020

LONDON (Reuters) - Britain hopes to permit outdoor and socially distanced performances at cultural venues, minister Oliver Dowden said on Monday, after announcing a nearly [more…]

UK insurer Aviva CEO Tulloch steps down, Blanc appointed

UK insurer Aviva CEO Tulloch steps down, Blanc appointed

Published 06/07/2020

LONDON (Reuters) - Aviva (AV.L) CEO Maurice Tulloch is stepping down with immediate effect for family health reasons, the UK insurer said on Monday, naming [more…]