UK on course to borrow 350 billion pounds in 2020/21, IFS says

LONDON (Reuters) – British government borrowing is on course to surge to around 350 billion pounds ($442 billion) this year following the latest spending measures announced by finance minister Rishi Sunak, the Institute for Fiscal Studies think tank estimated on Thursday. “Back in March, the government forecast a deficit of about 50 to 60 billion […]

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Crane falls on London apartment building, killing at least 1 and injuring others

A 65-foot crane collapsed onto a block of apartments and two houses in east London Wednesday afternoon, killing at least one person and injuring four others, authorities said. “Sadly, despite the efforts of emergency services, a fifth person has been found and died at the scene,” the London Ambulance Service said. Emergency personnel at the […]

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London Police to Review Handcuffing Procedures After Detention of Black Athletes

LONDON — The head of the London Metropolitan Police said on Wednesday that the force’s handcuffing practices would be reviewed, after officers on Saturday pulled a top British sprinter and her partner from their car and handcuffed them in front of their 3-month-old son. The athlete, Bianca Williams, 26, a European and Commonwealth games gold […]

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Britain Says It Will Resume Arms Sales to Saudi Arabia

LONDON — One day after sanctioning 20 Saudis for human rights violations, Britain on Tuesday sent a very different signal to the government in Riyadh, ending a moratorium on arm sales to Saudi Arabia over its involvement in the bloody conflict in Yemen. A court ruling last year forced the British government to suspend sales […]

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Sweden Has Become the World’s Cautionary Tale

LONDON — Ever since the coronavirus emerged in Europe, Sweden has captured international attention by conducting an unorthodox, open-air experiment. It has allowed the world to examine what happens in a pandemic when a government allows life to carry on largely unhindered. This is what has happened: Not only have thousands more people died than […]

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Travel Restrictions on Americans Erode a Sense of Passport Privilege

LONDON — Five American travelers who set out for a getaway on Sardinia were turned away last week after their private jet landed on the Mediterranean island. In Canada, two Americans were fined for flouting tougher entry restrictions imposed by their northern neighbor. And in Mexico, governors are pleading with the central government to introduce […]

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London Police Stop Star Athletes, Setting Off Racial Profiling Debate

LONDON — The couple, a top British sprinter and a Portuguese track star, were driving their Mercedes through the elegant Maida Vale neighborhood in West London — their 3-month-old son in the back seat — when a police van appeared in their rearview mirror. The athletes, Bianca Williams, 26, and Ricardo dos Santos, 25, soon […]

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Amber Heard & Johnny Depp Reunite In Court As He Prepares To Take The Stand & Deny Abuse Claims

Exes Johnny Depp and Amber Heard both arrived at a courthouse in London on July 7 for the actor’s libel case against ‘The Sun,’ which stemmed from allegations of abuse made by Amber. Johnny Depp and ex-wife Amber Heard were seen arriving separately on July 7 to a London courthouse as the actor’s libel trial […]

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Britain, Charting Its Own Course on Human Rights, Imposes New Sanctions

LONDON — Britain, seeking to carve out a post-Brexit role as a human-rights defender, said on Monday it had blacklisted dozens of people from Russia, Saudi Arabia and Myanmar for abuses ranging from a carefully-plotted execution to jailhouse beatings and the persecution of Rohingya refugees. It was the first time since leaving the European Union […]

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‘He’s Buying Up Brixton’: Beloved Grocer’s Eviction Sparks Gentrification Fight

LONDON — Saja Shaheen is walking the aisles of Nour Cash & Carry, explaining the eclectic inventory of the popular grocery store her family has owned inside Brixton Market for more than 20 years. As new immigrant communities arrive in the diverse area of south London, she said, foods are added to match their tastes. […]

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Lily James Spotted Heading Into London Hotel With Chris Evans After Partying Together At A Club

Lily James and Chris Evan, huh? The two were spotted partying together in London over the July 4th holiday weekend, where they later left in the same vehicle. As for the destination? — The actor’s hotel! Is a Hollywood romance budding before our eyes? Lily James and Chris Evans are at the center of dating […]

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London Stock Exchange’s FTSE Russell joins Libor replacement race

© Reuters. FILE PHOTO: The London Stock Exchange Group offices are seen in the City of London, Britain By Huw Jones LONDON (Reuters) – London Stock Exchange (L:) index compiler Russell began publishing forward-looking interest rates on Monday, entering a four-way race for a new market opened up by the scrapping of Libor next year. […]

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UK Treasury, British Business Bank reviewing access to state-backed loan schemes – Telegraph

2/2 © Reuters. Outbreak of the coronavirus disease (COVID-19) in London 2/2 (Reuters) – Britain’s Treasury and British Business Bank officials are reviewing access to state-backed loan schemes after the European Union relaxed state aid rules, The Daily Telegraph reported. The Treasury is considering ways of making it easier for businesses to access coronavirus support […]

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Beware of debt costs and an inflationary bite, former UK advisers say

LONDON (Reuters) – The British government should be wary of assuming its mammoth debt pile will always be so cheap to service or that inflation is dead and so must ensure fiscal security by pushing ahead with a digital tax, six former government advisers said on Monday. The United Kingdom is facing its steepest economic […]

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Janet Jackson, 54, Channels Her ‘Poetic Justice’ Look With Braids While Driving Her $90K SUV

Janet Jackson took a break from quarantining in London, and was spotted heading out for a drive in her Range Rover. Janet Jackson doesn’t need a chauffeur! The 54-year-old was spotted heading out for a drive in London on June 2, and cut a casual figure in her Range Rover Vogue, which retails for a […]

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Money market funds see largest redemptions since December 19: BofA

LONDON (Reuters) – Money market funds saw their largest redemptions since December 2019 in the week to Wednesday, BofA said in a report on Friday, while $7.1 billion was pulled out of equity funds. BofA said its ‘Bull & Bear’ indicator was no longer in “buy” territory for the first time since March 17. Investors […]

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U.K. Judge Denies Nicolás Maduro Access to Venezuelan Gold at Bank of England

LONDON — A British judge ruled on Thursday that President Nicolás Maduro of Venezuela cannot access over $1 billion in gold in a Bank of England vault, on the basis that Britain does not recognize him as the leader of a country battered by economic sanctions and the coronavirus. Like many Western countries, including the […]

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Lloyd’s calls for state-backed ‘Black Swan’ reinsurance

© Reuters. FILE PHOTO: Man enters the Lloyd’s of London building in the City of London financial district LONDON (Reuters) – “Black Swan” reinsurance schemes backed by governments could help businesses get insurance pay-outs after huge shocks such as the coronavirus pandemic, Lloyd’s of London said. Commercial insurance market Lloyd’s has said insurers worldwide will […]

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UK’s Johnson pledges ‘Rooseveltian’ spending boost after COVID hit

2/2 © Reuters. FILE PHOTO: Outbreak of the coronavirus disease (COVID-19) in London 2/2 LONDON (Reuters) – British Prime Minister Boris Johnson promised a “Rooseveltian” boost to public spending to help the country’s economy recover from the coronavirus shock and said a return to austerity would be a mistake. Johnson said he would double down […]

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London officers charged with posing for selfies with sisters who were murdered

London police are investigating the stabbing deaths of sisters Nicole Smallman, 27, and Bibaa Henry, 46 in a park June 6.<br><br> (London Metropolitan Police) Two London police officers have been arrested on misconduct charges amid allegations they took selfies next to the bodies of two stabbing victims who were sisters, according to reports. Mina Smallman […]

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Lockdown? What Lockdown? Heat Wave Brings Britons Out in Droves

LONDON — They descended by the tens of thousands on Britain’s southern beaches and jammed into city parks. They cavorted by the hundreds in swamps and streams. They attacked police officers who tried to disperse illegal block parties. And hundreds became stuck in mud flats while trying to reach the sea at low tide. By […]

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Scott Disick Proves He’s Royalty in These Iconic Moments | E! News

From becoming British Royalty in London to throwing himself a royal party in Miami, Lord Disick knows how to rock his title. Watch Scott’s regal "KUWTK" moments. #ScottDisick #ENews #CelebrityNews Subscribe: http://bit.ly/enewssub About E! News: The E! News team brings you the latest breaking entertainment, fashion and Pop Culture news. Featuring exclusive segments, celebrity highlights, […]

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Teenager Who Threw Boy From Tate Modern Sentenced to at Least 15 Years

LONDON — A teenager who admitted he attempted to kill a 6-year-old boy by pushing him from a 10th-floor viewing platform in a shocking attack at the Tate Modern museum in London last year was sentenced to at least 15 years in prison by a British court on Friday. Jonty Bravery, 18, from Ealing in […]

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UK VAT cut would bring mixed benefits, IFS think-tank says

LONDON (Reuters) – The boost to Britain’s economy from a temporary cut in value-added tax (VAT) would be smaller than in 2008, and any reduction needs to be timed carefully, a leading think-tank warned after media reports that a cut is likely next month. Finance minister Rishi Sunak is due to make a statement on […]

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Liverpool wins Premier League crown

Chelsea’s Christian Pulisic scores against Manchester City Thursday in London. Chelsea’s win over second-place Man City clinched the title for Liverpool. | Paul Childs/AP Liverpool celebrated its first English championship since 1990 after second-place Manchester City lost 2-1 to Chelsea. LONDON — Four years later, Chelsea again clinched the Premier League title for another team. […]

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Labour’s New Leader Sacks Official Over Charges of Anti-Semitism

LONDON — In a decisive break with the hard-left wing of Britain’s opposition Labour Party, its new leader dismissed a senior lawmaker on his leadership team Thursday for having shared an article online that the party said contained an anti-Semitic conspiracy theory. The dismissal by the new Labour leader, Keir Starmer, represented a pronounced shift […]

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