brexit
Top StoriesFull Brexit Impact yet to Play Out on UK Finance, Lawmakers Say
Top StoriesBritain Launches Free Trade Talks With Gulf Countries
Top StoriesUK Inflation Hits 40-year Record, Highest in G7
Top StoriesUK to Bring in New Bill of Rights After Migrant Deportation Defeat
Brexit Will Cost UK Workers 470 Pounds a Year, Study Predicts
Date: June 22, 2022
By David Milliken LONDON (Reuters) – Britain is becoming a more closed economy due to Brexit, with damaging long-term implications for productivity and wages which will leave the average worker 470 pounds ($577) a year poorer by the end of the decade, a study forecast on Wednesday. The report was written by London School of...
Britain Relaxes Airport Slot Rules to Help Avoid Cancellations
Date: June 21, 2022
LONDON (Reuters) -Britain on Tuesday said it had temporarily relaxed rules around airport slots to allow airlines to devise realistic flight schedules and avoid last minute cancellations in light of staff shortages. A spate of flight cancellations has caused widespread disruption for holidaymakers and served as an ominous omen for the summer, with transport minister...
Thousands Walk Out in Britain’s Biggest Rail Strike in 30 Years as Johnson Vows to Stay Firm
Date: June 21, 2022
By Kylie MacLellan and Farouq Suleiman LONDON (Reuters) -Tens of thousands of workers walked out on the first day of Britain’s biggest rail strike in 30 years on Tuesday with passengers facing further chaos as both the unions and government vowed to stick to their guns in a row over pay. Some of the more...
UK Watchdog to Review post-Brexit Visa and Mastercard Fees
Date: June 21, 2022
By Huw Jones LONDON (Reuters) -Britain’s payment systems regulator (PSR) will conduct two market reviews of card fees charged by Visa and Mastercard, the U.S. companies that account for 99% of debit and credit card payments in the UK. The PSR’s announcement on Tuesday follows heavy pressure from lawmakers to launch full market reviews to...
UK Still a Strong Draw for Foreign Job-Seekers, Study Shows
Date: June 21, 2022
LONDON (Reuters) – Britain is the most attractive large European economy for foreign job-seekers, despite new post-Brexit immigration restrictions, a study from recruitment website Indeed showed on Tuesday. Indeed analysed more than 800 million cross-border job searches on its platform since 2019, and found Britain had Europe’s third-highest number of inbound job searches relative to...
EasyJet Cuts More Flights to Try to Manage Disruption
Date: June 20, 2022
By Paul Sandle LONDON (Reuters) -Low-cost airline easyJet said on Monday it was cutting thousands more flights this summer after London Gatwick and Amsterdam airports reduced capacity and it battled staff shortages on the ground and in the air. The British carrier said it expected to fly about 90% of its pre-pandemic capacity in July,...