Wednesday, August 19, 2026

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UK

UK author David Walliams dropped by publisher after harassment allegations

The newspaper said one of the women who had raised concerns about the 54-year-old had been given a five-figure payoff by the publisher and...

Sterling hits 17-year high against yen as traders overlook rate divergence

Sterling was mostly flat against the dollar at $1.3378, while the euro was marginally lower at 87.55 pence International News via Reuters: The pound held steady...

Britain names Christian Turner as ambassador to the US

The appointment of a career diplomat to the high-profile post represents a shift in strategy from Prime Minister Keir Starmer International News via Reuters: Britain on...

Bank of England cuts rates after tight vote but signals caution about further moves

The four other members supported no change as they worried about the potential for inflation - still the highest among the Group of Seven...

UK consumer spending and confidence is muted, says Currys boss

He said Currys was planning for little change to the subdued consumer environment in 2026 International News via Reuters: British consumer confidence and spending is muted...

Bank of England set to cut rates as inflation and economy slow

A quarter-point cut would take Bank Rate to its lowest level in nearly three years, although that would still be almost double the equivalent...

Banks win bid to block $3.6 billion mass forex UK lawsuit

Phillip Evans, a former inquiry chair at Britain's Competition Markets Authority, was leading the case on behalf of thousands of asset managers, pension funds...

Britain to overhaul benchmark rules to cut industry burden

Industries such as commodity trading, foreign exchange, bond issuance and derivatives clearing rely on a wide range of benchmarks to help allocate capital and...

EU rules out UK exemption from carbon border levy until markets link

British industries had hoped to get a temporary exemption from the EU's carbon border adjustment mechanism (CBAM) while the carbon market linkage negotiations are...

UK will rejoin EU’s Erasmus+ student exchange scheme

The UK contribution for the 2027/28 academic year will be 570 million pounds ($760 million) International News via Reuters: Britain and the European Union agreed on...

UK inflation unexpectedly tumbles, firming Bank of England rate cut bets

The decline in inflation reflected falls in the cost of cakes, biscuits, cereals and confectionery, as well as a smaller impact from tobacco prices...

UK stocks rebound on banking gains ahead of BoE rate cut call

The UK's blue-chip FTSE 100 rose 1.7% by 1032 GMT — on pace for its best day since April 14 International News via Reuters: The UK's...
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