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Search resuls for: "RISHI SUNAK"


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London, UK CNN —Police arrested more than 80 counter-protesters who attempted to confront those taking part in a huge pro-Palestinian rally in London on Saturday. Far-right scuffle with policeThe police added they would use “all the powers and tactics available to us” to stop the counter-protesters confronting the pro-Palestinian march. Earlier, crowds gathered at the Cenotaph monument for Remembrance Day, to remember those who have fallen in conflict. “The scenes of disorder we witnessed by the far-right at the Cenotaph are a direct result of the Home Secretary’s words. The police’s job has been made much harder,” said Khan on social media, adding that London’s Metropolitan Police has his “full support to take action against anyone found spreading hate and breaking the law.”
Persons: , Tommy Robinson, Carlos Jasso, Suella Braverman, Rishi Sunak, Sunak, Sadiq Khan, Khan Organizations: UK CNN — Police, London’s Metropolitan Police, Corner, CNN, Metropolitan Police, Bloomberg, Getty, Britain’s, British Locations: London, UK, London’s Hyde, Palestine, Ukraine, Israel, Whitehall
Take Five: That rate cut trade
  + stars: | 2023-11-10 | by ( ) www.reuters.com   time to read: +5 min
REUTERS/Brendan McDermid/File Photo Acquire Licensing RightsLONDON, Nov 10 (Reuters) - Markets are keen to trade rate cuts and big central banks are pushing back, shining a new light on upcoming data in that tug of war. Traders, anticipating roughly three quarter-point Fed rate cuts next year, will now turn their attention to Tuesday's inflation data to confirm their view on the outlook. A sharper cooling could fan the peak rate talk, fuelled by October's employment report, which pointed to an easing in labor markets. Reuters Graphics Reuters Graphics3/ ONCE BITTENThe robust dollar suddenly appears vulnerable to the push and pull in the market's Fed rate cut bets. The data could also help justify, or challenge, recent remarks from BoE chief economist Huw Pill that mid-2024 could be the time for rate cuts.
Persons: Brendan McDermid, Lewis Krauskopf, Kevin Buckland, Danilo Masoni, Alun John, Dhara, Jerome Powell, Ping, Powell, Rishi Sunak, Sunak, BoE, Huw Pill, Sumanta Sen, Pasit, Riddhima Talwani, Prinz Magtulis, Jayaram, Dhara Ranasinghe, Tomasz Janowski Organizations: New York Stock Exchange, REUTERS, Traders, Reuters, Beijing, Reuters Graphics Reuters, Bank of England, Thomson Locations: New York City, U.S, China, New York, Tokyo, Milan, London, Washington, September's, Germany, Europe, ITALY, Italy
"I do believe if the groups come together, there will be serious disorder," said Deputy Assistant Commissioner Laurence Taylor, the officer in charge. "The policing operation this weekend is huge," he told reporters, saying it would be "challenging and tense". There has been strong support and sympathy for Israel from Western governments, including Britain's, and many citizens over the Hamas attacks. But the Israeli response has also prompted anger, with weekly protests in London demanding a ceasefire. Lawmakers have voiced concern that far-right groups will seek to use the occasion as an excuse for violence.
Persons: Michael Holden LONDON, Rishi Sunak, Laurence Taylor, Ben Jamal, Suella Braverman, Sunak, Stephen Yaxley, Lennon, Tommy Robinson, Taylor, I've, Michael Holden, Ed Osmond Organizations: Police, Palestine Solidarity, U.S, Reuters, PSC, Hamas, English Defence League Locations: London, Palestine, Israel, Western, Sunak's, Britain
On Saturday, the UK will mark Armistice Day – the date commemorating the de-facto end of World War I. Also on Saturday, pro-Palestinian protesters will march through central London demanding a ceasefire in the Israel-Hamas conflict. Every living UK Prime Minister lays a wreath at the monument, along with other senior politicians, visiting dignitaries and members of the royal family. Banning such a protest in the name of those who died for precisely these sorts of freedoms is not the best look on Armistice Day. The Conservative Party’s poll ratings are poor and Sunak is already barely holding together a fragile coalition of parliamentarians.
Persons: Rishi Sunak, Sunak, Suella Braverman, Leon Neal, Banning, Sunak’s, Braverman, ” Braverman, Keir Starmer, Downing, Mark Kerrison, ” Sunak, Brexit, Boris Johnson, Liz Truss, Organizations: London CNN, Getty, London’s Metropolitan Police Service, Conservative, National Conservatism Conference, Emmanuel Centre, Conservative Party Locations: London, Israel, Downing, Times, England, Gaza, Northern Irish, Charing, Westminster
People walk over London Bridge looking at a view of Tower Bridge in the City of London financial district in London, Britain, October 25, 2023. REUTERS/ Susannah Ireland/File Photo Acquire Licensing RightsLONDON, Nov 10 (Reuters) - Britain's sluggish economy failed to grow in the July-to-September period but at least managed to avoid the start of a recession, figures from the Office for National Statistics showed on Friday. In the month of September on its own, the economy grew by 0.2% from August when growth was revised down to 0.1% from 0.2%. "But the key point is that the economy is not weak enough to reduce core inflation and wage growth quickly," Dales said. In the three months to September, output in Britain's huge services sector fell by 0.1%, industrial production was broadly flat and construction grew by 0.1%, the Office for National Statistics said.
Persons: Susannah Ireland, Paul Dales, BoE, Rishi Sunak, Jeremy Hunt, William Schomberg, Andy Bruce, Sarah Young Organizations: REUTERS, Office, National Statistics, Reuters, Capital Economics, Bank of England, Thomson Locations: City, London, Britain, Germany, United States
[1/3] Home Secretary Suella Braverman with Prime Minister Rishi Sunak as he hosts a policing roundtable at 10 Downing Street, London, Britain October 12, 2023. Braverman, the home secretary responsible for policing and national security, has a long history of making controversial statements that have alienated her more moderate colleagues. Some Conservative Party politicians called for her to be moved or distanced themselves from her comments on Friday. Since the article was published, Braverman has not apologised. Britain's finance minister, Jeremy Hunt, was the most senior member of the government to distance himself from Braverman's comments on Friday.
Persons: Suella Braverman, Rishi Sunak, James Manning, Braverman, Geoffrey Clifton, Brown, Sunak, Downing, Keir Starmer, Jeremy Hunt, Andrew MacAskill, Jan Harvey Organizations: Downing, British, Conservative Party, BBC, Labour Party, Times, Thomson Locations: London, Britain, Braverman, Israel
IPO laggards’ race to the bottom misses the target
  + stars: | 2023-11-10 | by ( Lisa Jucca | ) www.reuters.com   time to read: +5 min
A view shows the Milan stock exchange building, as stocks slid in the first hours of trading after fears that the collapse of Silicon Valley Bank could trigger a broader financial crisis, in Milan, Italy, March 13, 2023. REUTERS/Claudia Greco Acquire Licensing RightsMILAN, Nov 10 (Reuters Breakingviews) - Italy is scrambling to make its stock market more attractive. Over the past few years, some prominent companies have moved their listing venue abroad. Companies rushing to list in the Netherlands are no doubt attracted by its lax approach to companies with dual voting share classes. Doubts over the sustainability of Rome’s high public debt push up listed companies’ cost of capital, depressing their valuations and making the stock market less appealing.
Persons: Claudia Greco, Giorgia, Rishi, Agnelli, Neil Unmack, Oliver Taslic Organizations: REUTERS, Reuters, Ministry, Companies, Reuters Graphics Reuters, Financial, Thomson Locations: Milan, Silicon, Italy, Amsterdam, New York, Paris, Italian, Netherlands, Britain, United States, London
LONDON (Reuters) - A post shared on social media purporting to show the mayor of London saying pro-Palestinian marches should take priority over Armistice Day events is fake and police are investigating, a spokesman for the mayor said. The social media clip could further inflame tensions in the capital, a day before a large pro-Palestinian march is planned to coincide with the anniversary of the end of World War One. There are fears there could be violent confrontations as far-right groups have indicated they will protect the Cenotaph war memorial on Saturday, Armistice Day. A spokesperson for London Mayor Sadiq Khan, a member of Britain's Labour Party, said of the social media post: "The Met (London's Police) and their counter terror experts are aware of this fake video that is being circulated and amplified on social media by far-right groups, and are actively investigating." Saturday's pro-Palestinian march has prompted a political row after interior minister Suella Braverman published an article attacking the police's handling of it.
Persons: Rishi Sunak, London Mayor Sadiq Khan, Saturday's, Suella Braverman, Sarah Young, Mark Heinrich Organizations: London Mayor, Britain's Labour Party, London's Police Locations: London
Edinburgh’s war memorial has not been vandalised in 2023, said the city’s council, despite online accounts sharing the aftermath of its vandalising in 2022 as if recent. Some accounts link the damage to pro-Palestinian demonstrations responding to the 2023 Israel-Hamas war. A war memorial in Rochdale, northern England, was defaced on Nov. 7. There were no records of reports of a 2023 incident at the site of the Edinburgh war memorial as of Nov. 9. Footage of Edinburgh’s war memorial having been set on fire are from 2022.
Persons: Scotland, Rishi Sunak, “ We’ve, , Read Organizations: Facebook, Pro Palestine, Britain’s, Edinburgh Council, Reuters, Scotland Police, Thomson Locations: Israel, Rochdale, England, The City, Edinburgh
"The revenue service is already organizing the implementation of this minimum taxation on multinationals," she said in an interview on Wednesday. The revenue service did not immediately respond to a request for comment. It advocates that this mechanism will ensure that large multinational companies pay a minimum 15% tax on their profits in all jurisdictions where they operate to deter profit-shifting to tax-favorable locations. The OECD estimates that the global minimum tax, already under way in countries including South Korea and Japan, could generate up to $200 billion in additional annual revenue. She also said Brazil aims to go further in the global tax discussion to reduce differences between advanced and emerging economies and to promote the green agenda.
Persons: India Narendra Modi, Luiz Inacio Lula da Silva, Joe Biden, Rishi Sunak, Kenny Holston, Tatiana Rosito, Maria Carolina Sampaio, GVM, Rosito, Marcela Ayres, Bernardo Caram, Matthew Lewis Organizations: U.S, UK, Rights, Finance, Reuters, Organization, Economic Cooperation, Development, OECD, International Monetary Fund, Thomson Locations: India, Brazil, New Delhi, Rights BRASILIA, South Korea, Japan, United States, Rosito, Brasilia
One of Britain’s most senior cabinet ministers, Suella Braverman, has triggered political turmoil by writing a newspaper article that attacked the country’s largest police force over its approach to a pro-Palestinian protest, and implicitly challenged the authority of Prime Minister Rishi Sunak. Ms. Braverman, the home secretary responsible for law enforcement, immigration and national security, has long been a divisive figure at the heart of the governing Conservative Party, whose provocative rhetoric has won support on the hard right while alienating more moderate colleagues. On Thursday, there were calls for her resignation after she wrote an opinion piece for The Times of London that accused the city’s main police force of bias in its reluctance to ban a pro-Palestinian protest march scheduled for the weekend. She also described the tens of thousands of people who have attended regular Saturday protests in London in support of Palestinians as “hate marchers,” “Islamists” and “mobs,” despite the fact that the demonstrations have been mostly peaceful.
Persons: Suella Braverman, Rishi Sunak, Braverman, Organizations: Conservative Party, Times, Islamists Locations: London
Critics in opposing parties and her own have accused her of stoking division and undermining the police. British Prime Minister Rishi Sunak has described Saturday's planned march as disrespectful and said he would hold Rowley to account that the remembrance events are safeguarded. Braverman, seen as a possible future Conservative party leader, often takes a harder line than her party as a whole on issues such as crime and immigration. Opposition Labour Party leader Keir Starmer said Sunak was too weak to challenge her. In a separate incident, two men were arrested over damage to the Cenotaph war memorial in the northern English town of Rochdale.
Persons: Braverman, Suella Braverman, Mark Rowley, Rishi Sunak, Saturday's, Rowley, Sunak, Keir Starmer, Neil Basu, King Charles, Sarah Young, Andrew MacAskill, Elizabeth Piper, Sharon Singleton, Mark Heinrich Our Organizations: The, Hamas, British, Conservative, Opposition Labour Party, British Loyalist, London, LBC Radio, Thomson Locations: Israel, Gaza, London, The Times, Northern Ireland, Britain, British, Braverman, Rochdale
By Kylie MacLellanLONDON (Reuters) - Unsuccessful attempts to rescue migrants from a sinking boat in the Channel in November 2021 were hampered by poor visibility and confusion over locating the right vessel, Britain's Marine Accident Investigation Branch (MAIB) said on Thursday. "The UK search and rescue response ... was hampered due to poor visibility and by the lack of a dedicated aircraft conducting aerial surveillance," it said in a report published on Thursday. The Channel between France and Britain is one of the world's busiest shipping lanes and currents are strong, making the crossing on small boats dangerous. On the day of the deaths, 1,227 people attempted to cross the Channel, the British government said. More than 25,000 people have arrived in small boats so far in 2023.
Persons: Kylie MacLellan, MAIB, Mark Harper, Rishi Sunak, Emelia Sithole Organizations: Kylie MacLellan LONDON, Channel, Investigation, " Coastguard, British Transport, British Locations: France, Britain, French, British, Rwanda
LONDON (AP) — South Korean President Yoon Suk Yeol will be greeted with royal pomp and ceremony before commemorating the sacrifice of British soldiers during the Korean War when he travels to the U.K. for a state visit later this month. The president and first lady will later take part in a wreath-laying ceremony at the Korean War Memorial to mark the 70th anniversary of the end of the war. They will then visit Westminster Abbey, where the president will lay a wreath at the grave of the Unknown Warrior. The president will address members of both houses of Parliament before attending a state banquet at Buckingham Palace. Political Cartoons View All 1237 ImagesThe president and first lady will arrive to the United Kingdom on Nov. 20 and depart on Nov. 23.
Persons: Yoon Suk, King Charles III, Queen Camilla, Kim Keon Hee, Buckingham, Yoon, Rishi Sunak Organizations: Horse Guards, South, Korean, Westminster Abbey Locations: London, Buckingham, United Kingdom
“The laws created by Parliament are clear,” Mark Rowley, the chief of the Metropolitan Police Service in London, said in a statement on Tuesday evening. Speaking on Wednesday, Mr. Sunak said Mr. Rowley would answer for his decisions. “Now, my job is to hold him accountable for that.” The two men were set to meet to discuss the event on Wednesday. The Palestine Solidarity Campaign, one of a number of groups organizing the event on Saturday, vowed to continue. No protests are planned for Sunday, when the national service of remembrance will take place in central London.
Persons: Rishi Sunak, Sunak, ” Mark Rowley, ” Mr, Rowley, , Mr, , Tayfun Salci, Suella Braverman, Tommy Robinson Organizations: Metropolitan Police Service, Sky News, London, Twitter, Palestine Solidarity Campaign Locations: London, Gaza, Israel, Whitehall, Palestine
"(Rowley) has said that he can ensure that we safeguard remembrance for the country this weekend as well as keep the public safe," Sunak said. The Palestinian Solidarity Campaign, which is organising Saturday's march, has said it would avoid the Cenotaph, London's main war memorial. Since Oct. 7, London police have made 188 arrests for hate crimes, including 98 for suspected antisemitic offences, 21 for Islamophobic offences and 12 for "faith hate crimes". "We continue to see a very concerning rise in both antisemitic and Islamophobic hate crime," Commander Paul Trevers said. Most of the antisemitic offences were reported in London's Hackney area, home to a large Jewish community.
Persons: Rishi Sunak, Mark Rowley, JUSTIN TALLIS, Sunak, Rowley, Paul Trevers, Britain's, Michael Holden, Rod Nickel Organizations: Britain's, Metropolitan Police, British, Palestinian Solidarity Campaign, London, Community Security Trust, Thomson Locations: Kilburn, London, Britain, Israel, England, London's Hackney
In his role as head of state, King Charles is his government’s servant and representative. Backed by his undoubted convening power, King Charles could make a historic contribution to the debate about reparatory justice. Crucially, King Charles is not just the British head of state and the head of the Commonwealth. Every day that passes without a similar statement from King Charles is a day too many. He could take inspiration from CARICOM — the Caribbean Economic Community — and its 10-Point Action Plan for Reparatory Justice.
Persons: Keith Magee, King Charles III, Keith Magee Arron, Charles, , , Prince Charles, swerved, Bell Ribeiro, Addy, ” Ribeiro, Rishi Sunak, Sunak, King Charles, , Willem, Alexander Organizations: University College London Institute for Innovation, CNN, Commonwealth, Labour, Commons, Parliamentary, Conservative, North, Twitter, , Economic, Reparatory Locations: Kenya, Commonwealth, British, Barbados, Rwanda, Africa
Indians currently work an average of 47.7 hours a week, according to the International Labour Organization. Infosys founder Narayana Murthy recently sparked a controversy on social media when he said young people should be working 70 hours a week to boost India's economy. If we want to achieve greatness, then yes, those are the number of hours and the kind of sacrifices we must make," Kapoor said. Our youngsters must say: 'This is my country, I want to work 70 hours a week,'" he said during a podcast with Indian philanthropist T.V. He told CNBC that "70 hours just sounds like a very high number.
Persons: Narayana Murthy, Ayushmaan Kapoor, Kapoor, Murthy, Rishi Sunak, T.V, Mohandas Pai, Vivek Mudaliar, Mudaliar, wouldn't Organizations: International Labour Organization, Infosys, CNBC, U.S, UK, Reliance Industries, DBS Bank, HSBC Locations: India, China, U.S, Germany, Singapore, Japan
The King's Speech - given by the monarch but written by government ministers - opens the new session of parliament. This is likely to be the last one before the election, which must be held by January 2025, and many policies were aimed at appealing to voters. CIGARETTES AND VAPESThe Tobacco and Vapes Bill will deliver on Sunak's promise made last month to phase out all tobacco sales in England. SOCCER REGULATORThe government plans to set up an independent football regulator, who will be responsible for scrutinising club owners and their financial resources. The new legislation will require owners to ensure fans are consulted on changes to club's badges, names and shirt colours.
Persons: Rishi Sunak, Keir Starmer, Hannah McKay, King Charles, Bill, Andrew MacAskill, Alistair Smout, Elizabeth Piper, Alex Richardson, Barbara Lewis Organizations: British, Labour Party, REUTERS, Conservatives, Petroleum, Markets, Competition, Consumers, SOCCER, Super League, Trans, Pacific, Thomson Locations: London, Britain, England, North, Freehold, Wales, Pacific, Australia, Japan
Market researcher Kantar said annual grocery inflation was 9.7% in the four weeks to Oct. 29, down from 11% in last month's report. The Kantar data provides the most up-to-date snapshot of UK grocery inflation. Kantar said grocery sales in the four weeks to Oct. 29 rose by 7.4% compared with last year. Spending on promotions hit 27.2% of total grocery sales – the highest level since Christmas last year. UK supermarkets' market share and sales growth (%)Source: Kantar($1 = 0.8061 pounds)Reporting by James Davey Editing by Mark PotterOur Standards: The Thomson Reuters Trust Principles.
Persons: Phil Noble, Kantar, Fraser McKevitt, Rishi Sunak, James Davey, Mark Potter Organizations: REUTERS, Bank of England, Barclays, Thomson Locations: Altrincham, Britain
King Charles III will open a session of Parliament on Tuesday for the first time as monarch, outlining the British government’s legislative priorities as part of a tradition-steeped ceremony that will test his skill at displaying the political neutrality for which his mother, Queen Elizabeth II, was famous. Among those are Mr. Sunak’s plan to exploit more of Britain’s oil and gas reserves in the North Sea. Although the Conservative government argues that it will still meet its net zero targets for 2050, the decision to license more fossil fuel extraction has angered campaigners against climate change — a cause close to the king’s heart for decades. King Charles made his first major speech about the environment in 1970, at the age of just 21, and in recent years has been an increasingly vocal advocate for climate action. In a speech in France in September, he urged the world to “strive together to protect the world from our most existential challenge of all: that of global warming, climate change and the catastrophic destruction of nature.”
Persons: King Charles III, Queen Elizabeth II, Rishi Sunak, King Charles, Sunak’s Organizations: Conservative Locations: North, France
Independent Regulator to safeguard English clubs
  + stars: | 2023-11-07 | by ( ) www.reuters.com   time to read: +4 min
The Independent Regulator for Football (IREF) will have the power to step in to address cash flow and other systemic issues within clubs, many of which are financially vulnerable. "Legislation will be brought forward to safeguard the future of football clubs for the communities and fans," King Charles said of the Football Governance Bill in his speech. Fair Game, a band of clubs campaigning to improve football governance, described the announcement as an "historic moment for football". It is a unique strength of the English game and something that must be protected and nurtured," Parry said. Since the 1999-2000 season, 19 out of 23 Premier League seasons resulted in pre-tax losses for all clubs combined.
Persons: Park, Newcastle United's Kieran Trippier, Lee Smith, Rishi Sunak, King Charles, Niall Couper, Rick Parry, Parry, Tracey Crouch, Crouch, Lori Ewing, Ed Osmond Organizations: Soccer Football, Premier League, Newcastle United, James, Newcastle, British, Independent Regulator, Football, Bury FC, Super League, Sheffield, Reading, Scunthorpe United, English Football, Former Sports, England, Independent, LaLiga, Premier, Thomson Locations: Newcastle, Britain
Musk to integrate xAI with social media platform X
  + stars: | 2023-11-06 | by ( ) www.reuters.com   time to read: +2 min
Tesla and SpaceX's CEO Elon Musk reacts during an in-conversation event with British Prime Minister Rishi Sunak in London, Britain, November 2, 2023. Kirsty Wigglesworth/Pool via REUTERS/File Photo Acquire Licensing RightsNov 5 (Reuters) - Elon Musk's artificial intelligence startup xAI will be integrated into his social media platform X and also be available as a standalone app, he said on Sunday in a post. "Grok has real-time access to info via the X platform, which is a massive advantage over other models," Musk added. X, the social media firm formerly known as Twitter which Musk owns, is separate from xAI, but the companies work closely together. Last week Musk told British Prime Minister Rishi Sunak he thought AI was "the most disruptive force in history."
Persons: Tesla, Elon Musk, Rishi Sunak, Kirsty Wigglesworth, xAI, Grok, Google's, Bard, Microsoft's, Bing, Musk, Urvi, Richard Chang Organizations: British, Elon, Safety, Thomson Locations: London, Britain, Bletchley Park, England, Bengaluru
Siemens loses London lawsuit over 2 bln stg HS2 contract
  + stars: | 2023-11-06 | by ( ) www.reuters.com   time to read: +2 min
[1/2] A HS2 high-speed rail logo is displayed on a fence surrounding a construction site at Euston in London, Britain, July 30, 2023. REUTERS/Hollie Adams/File Photo Acquire Licensing RightsLONDON, Nov 6 (Reuters) - Siemens (SIEGn.DE) on Monday lost a legal challenge over a 2 billion pound ($2.48 billion) contract to build a fleet of new trains for Britain's beleaguered HS2 high-speed rail project. HS2 said the contract, which includes a 12-year maintenance and services deal, was worth around 2 billion pounds when it was awarded. But Judge Finola O'Farrell dismissed Siemens' case on Monday, saying in a written ruling that Siemens had not established the contract was awarded unlawfully and the company was therefore "not entitled to any damages". Monday's ruling is a rare piece of good news for the controversial HS2 project, which was originally planned to link London to the north of England from 2026.
Persons: Hollie Adams, HS2, Finola O'Farrell, Rishi Sunak, Sam Tobin, Kirsten Donovan Organizations: REUTERS, Siemens, Siemens Mobility, HS2, Bombardier Transportation, France's Alstom, Hitachi, Alstom, British, Thomson Locations: Euston, London, Britain, England, Manchester, Birmingham
People look towards Big Ben and the Houses of Parliament, where Britain's King Charles III will set out the government's forthcoming legislative plans in a speech on Tuesday, in London, Britain, November 6, 2023. "I want everyone across the country to have the pride and peace of mind that comes with knowing your community ... is safe. That is my vision of what a better Britain looks like," Sunak said in a statement before the speech. In the most despicable cases, these evil criminals must never be free on our streets again. Reporting by Elizabeth Piper and Andrew MacAskill; Editing by Andrew HeavensOur Standards: The Thomson Reuters Trust Principles.
Persons: Big Ben, King Charles III, Toby Melville, Sunak Sunak, Labour King's, King Charles, Rishi Sunak's, Sunak, Bill, Charles, Queen Elizabeth, Elizabeth Piper, Andrew MacAskill, Andrew Heavens Organizations: REUTERS, Labour, LONDON, British, Conservatives, Labour Party, Reading, Thomson Locations: London, Britain, Buckingham Palace, Westminster
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