LONDON (Reuters) – The British government said on Monday it planned to revoke mandatory COVID-19 vaccinations for health workers in England after warnings that an already-stretched service could face crippling staff shortages. Health minister Sajid Jav…
Britain’s Tesco calls time on ‘Jack’s’ stores
LONDON (Reuters) – Tesco, Britain’s biggest retailer, said on Monday it would no longer operate stores under the low-cost “Jack’s” brand, less than five years after it established the format amid much fanfare. The group launched Jack’s, named after Tes…
UK could hit Russians with travel bans and asset freezes – Truss
LONDON (Reuters) – New powers to sanction individuals linked to the Russian state in response to aggression towards Ukraine will include the ability to freeze their assets and deny them entry to Britain, Foreign Secretary Liz Truss said on Monday. Trus…
Vodafone shares rise on Cevian news, hopes for more deals
LONDON (Reuters) – Shares in Vodafone rose 4% on Monday after reports that activist investor Cevian Capital had bought an undisclosed stake in the mobile group to encourage it to lead a consolidation drive in Europe. Analysts and investors welcomed the…
Stellantis could axe 1,400 jobs in France, say union sources
PARIS (Reuters) -Automaker Stellantis could cut up to 1,400 jobs in France this year as it continues to adapt to a changing industry, three union sources said a day before management and unions sit down to discuss pay and employment conditions. A year …
UK PM Johnson: I will speak to Putin as soon as I can
LONDON (Reuters) – British Prime Minister Boris Johnson said on Monday he would be speaking to Russian President Vladimir Putin as soon as he could, after a newspaper reported a planned call between the two leaders had been cancelled. Johnson’s office …
Swiss National Bank is taking inflation development seriously – chairman
ZURICH (Reuters) -The Swiss National Bank is taking the development of inflation “seriously”, Chairman Thomas Jordan said on Monday, although he expects the current rise in prices to be short-lived. “Some of this inflation is certainly temporary. We ex…
European shares supported by tech, but mark worst month since late-2020
By Anisha Sircar and Ambar Warrick (Reuters) -European shares ended higher on Monday as tech stocks jumped from eight-month lows, although concerns over policy tightening, inflation and geopolitical tensions saw the STOXX 600 mark its worst month since…
Virgin Media O2 owners in investor talks on new fibre network – source
LONDON (Reuters) – Virgin Media-O2’s owners have opened talks with investors about building a new fibre network that could also be used by other smaller broadband providers, putting pressure on Britain’s market leader BT. Spain’s Telefonica and Liberty…
U.S., UK to punish Putin’s elite friends if Russia invades Ukraine
By Steve Holland, Guy Faulconbridge and Dmitry Antonov WASHINGTON/LONDON/MOSCOW (Reuters) – The United States and Britain are prepared to punish Russian elites close to President Vladimir Putin with asset freezes and travel bans if Russia enters Ukrain…