United Kingdom
Heathrow Airport had enough power to avoid shutdown after fire, Britain’s National Grid says
A reads “Do Not Travel To Heathrow Airport” at Hounslow Central London Underground station on March 21, 2025. Jaimi Joy | Bloomberg | Getty Images Heathrow Airport had enough power to remain open on Friday, after the London hub spent most of the day closed due to a fire at a nearby electrical substation, according […]
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UK economy unexpectedly shrank by 0.1% in January
Men and women socialize at the end of the day outside The Castle Pub in London, United Kingdom. Robert Nickelsberg | Getty Images News | Getty Images The U.K.’s economy unexpectedly shrank by 0.1% month-on-month in January, official figures showed on Friday. Britain’s Office for National Statistics said the fall was mainly due to a […]
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Trump’s approach to Ukraine could be ‘very worrying’ for Russia’s neighbors, former UK PM Cameron says
British Foreign Secretary David Cameron speaks during a joint press conference with Albanian Prime Minister after a meeting in Tirana, on May 22, 2024. Adnan Beci | Afp | Getty Images Former U.K. Prime Minister David Cameron on Thursday said he is fearful that U.S. President Donald Trump’s approach to securing peace in Ukraine could […]
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WBD adds 6.4 million Max subscribers, forecasts 150 million subs by end of 2026
A sign outside of the Warner Brothers Discovery Techwood Turner Broadcasting campus is seen on June 26, 2024 in Atlanta, Georgia. Kevin Dietsch | Getty Images Warner Bros. Discovery said Thursday it added 6.4 million global streaming subscribers in the fourth quarter for a total of 116.9 million subscribers. Fourth-quarter revenue for the streaming segment, […]
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Shares of British aerospace giant Rolls-Royce jump 16% on upbeat outlook, profit beat
A model of an UltraFan on the Rolls-Royce Holdings Plc stand on day two of the Farnborough International Airshow in Farnborough, UK, on Tuesday, July 23, 2024. Bloomberg | Bloomberg | Getty Images British aerospace group Rolls-Royce on Thursday posted stronger-than-expected full-year earnings after undertaking a “significant” transformation and declaring a £1 billion ($1.27 billion) […]
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Oil major BP to slash renewable spending and double down on fossil fuels in strategy reset
The BP logo is displayed outside a petrol station on January 30, 2025 in Warrington, United Kingdom. Nathan Stirk | Getty Images News | Getty Images British oil major BP on Wednesday announced plans to increase annual oil and gas investment to $10 billion through 2027 as part of a fundamental strategic reset. The beleaguered […]
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Trump’s trade war could have a clear winner: The UK
General view of the City of London skyline, the capital’s financial district, in October. Sopa Images | Lightrocket | Getty Images Global markets were hit with fresh volatility this week after U.S. President Donald Trump confirmed plans to impose tariffs on imports from three of America’s biggest trading partners. Trump on Monday agreed to pause […]
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Oil giant Shell raises dividend despite full-year profit miss
A Shell logo is displayed on May 03, 2024 in Austin, Texas. Brandon Bell | Getty Images News | Getty Images British oil giant Shell on Thursday reported a significant drop in annual profit, citing higher exploration write-offs, lower trading margins and weaker crude prices over the final three months of the year. Shell posted […]
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Volatile borrowing costs stir memories of UK’s pensions crisis — but insiders say this time, it’s a ‘nice opportunity’
Pensioners walk along the pier in Deal, UK, on Thursday, Oct. 3, 2024. Bloomberg | Bloomberg | Getty Images A sharp spike in U.K. borrowing costs this year triggered memories of the 2022 “mini-budget” crisis, which rocked the country’s pension funds and led to emergency market intervention by the Bank of England. But this year, […]
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UK finance minister backs expansion of London’s Heathrow Airport to boost struggling economy
British Airways Boeing 787-8 Dreamliner aircraft spotted flying on final approach over the roofs of the houses of Myrtle avenue for landing at London Heathrow Airport LHR in the UK. Nurphoto | Nurphoto | Getty Images U.K. Finance Minister Rachel Reeves on Wednesday unveiled plans to deliver a shot in the arm for the country’s […]
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