LONDON (Reuters) – Tesco, the world’s third-largest retailer, expects to source more clothes from Ethiopia, but wants the nascent industry there to uphold high ethical standards as global chains seek to prevent factory disasters like those seen in Bangladesh.
LONDON (Reuters) – Britain could face around 11.5 gigawatts (GW) of power plant capacity going off line by the end of 2023 due to tighter European Union pollution rules, Reuters calculations based on government data show.
LONDON (Reuters) – Britain’s minimum wage is likely to rise faster than inflation for several years to come, so long as the economy continues to improve, the body which advises Britain’s government on the topic said on Wednesday.
LONDON (Reuters) – Britain’s economy will grow faster than any other G7 nation in coming quarters, but the Bank of England will not raise interest rates until next year to avoid choking off the recovery, a Reuters poll showed on Wednesday.
LONDON (Reuters) – The possible publication of potentially embarrassing letters written by British heir-to-the-throne Prince Charles moved a step closer on Wednesday when a gagging order on them was declared unlawful by a court.
LONDON (Reuters) – The world’s biggest security firm G4S is to repay 108.9 million pounds ($181 million) to the British government after overcharging it on a contract to tag criminals, raising the prospect that a ban on new work could be lifted.
LONDON (Reuters) – Shares in discount retailer Poundland made a strong debut on the London Stock Exchange on Wednesday, with the price jumping 33 percent to nearly four times the one-pound price tag it puts on all its merchandise, valuing the business at 998 million pounds ($1.7 billion).
LONDON (Reuters) – Rebekah Brooks, the former head of Rupert Murdoch’s British newspaper arm, was accused in court on Wednesday of orchestrating an illegal campaign to get tabloid stories at any cost.
LONDON (Reuters) – Britain’s plan to become the biggest economy to use plastic bank notes took a step forward on Wednesday when the Bank of England said it had signed a contract for a supplier of material for the new notes.
LONDON (Reuters) – The Oversight Committee of the Bank of England’s governing body has appointed lawyer Anthony Grabiner to lead an investigation into the role of central bank officials in relation to the possible manipulation of foreign exchange rates, the BoE said on Wednesday.