Europe Top News and Analysis United Kingdom

  • The CBI/PwC Financial Services Survey of 115 firms shows finance houses, building societies and investment firms reported the sharpest drops in optimism as uncertainty after the vote to leave the European Union took hold. The results are important because so much of Britain's economy hinges on financial services— some 2 million people across the U.K. are...

  • Only one in 10 financial firms told the CBI/PwC survey they saw any upside to the Brexit vote.

  • MONDAY, SEPTEMBER 26 BELLINGHAM, United States- Bank of Canada Governor Stephen Poloz gives a speech at Western Washington University- 2300 GMT. MINNEAPOLIS, United States- Federal Reserve Bank of Minneapolis President Neel Kashkari gives welcome remarks before the fourth "Ending Too Big to Fail" symposium- 1330 GMT. BRUSSELS- European Central Bank President...

  • MONDAY, SEPTEMBER 26 BELLINGHAM, United States- Bank of Canada Governor Stephen Poloz gives a speech at Western Washington University- 2300 GMT. MINNEAPOLIS, United States- Federal Reserve Bank of Minneapolis President Neel Kashkari gives welcome remarks before the fourth "Ending Too Big to Fail" symposium- 1330 GMT. BRUSSELS- European Central Bank President...

  • LONDON, Sept 26- Optimism about the outlook for Britain's financial services sector is at its lowest point since the financial crisis, a survey of finance firms showed on Monday. Over half of all financial firms surveyed said the general impact of Britain's Brexit vote was negative, with only one in ten firms seeing any upside. Britain's financial industry is the...

  • *European businesses oppose special deal for Britain. *UK says firms need access to London financial services. Britain wants a trade deal that gives London's financial district, known as the City, access to EU clients while allowing the government to restrict migration from the bloc- something at odds with the basic rules of the European Union.

  • LIVERPOOL, England, Sept 24- Jeremy Corbyn was re-elected leader of Britain's opposition Labour Party on Saturday and called for unity after ending a "coup" by more centrist lawmakers who say his left-wing agenda can never deliver victory at the polls. The veteran campaigner's triumph, by 313,209 to 193,229 votes, over challenger Owen Smith cements his...

  • LONDON, Sept 24- Jeremy Corbyn was re-elected leader of Britain's opposition Labour Party on Saturday, ending a "coup" attempt by more moderate lawmakers who say his left-wing agenda can never deliver victory at the polls. The veteran campaigner's triumph, by 313,209 to 193,229 votes, cements his authority over the divided party and will fuel his drive to turn...

  • Conservative MP Boris Johnson speaks as he visits Bristol on May 14, 2016 in Bristol, England.

    U.K. Foreign Secretary Boris Johnson had on Thursday described one of the the EU's key positions on the negotiations as "complete baloney."

  • Secretary of State John Kerry and his counterparts from the European Union, United Kingdom, France, Germany and Italy meet at Tufts University to discuss a range of issues- 1545 GMT. MONDAY, SEPTEMBER 26 BELLINGHAM, United States- Bank of Canada Governor Stephen Poloz gives a speech at Western Washington University- 2300 GMT. MINNEAPOLIS, United States- Federal...

  • Secretary of State John Kerry and his counterparts from the European Union, United Kingdom, France, Germany and Italy meet at Tufts University to discuss a range of issues- 1545 GMT. MONDAY, SEPTEMBER 26 BELLINGHAM, United States- Bank of Canada Governor Stephen Poloz gives a speech at Western Washington University- 2300 GMT. MINNEAPOLIS, United States- Federal...

  • Sept 23- Many Yahoo users rushed on Friday to close their accounts and change passwords as experts warned that the fallout from one of the largest cyber breaches in history could spill beyond the internet company's services. "We're probably just going to dump Yahoo altogether," said Rick Hollister, 56, who owns a private investigation firm in Tallahassee,...

  • NEW YORK, Sept 23- Oil prices tumbled on Friday following signs that Saudi Arabia and Iran continue to disagree over output limits ahead of a meeting next week aimed at freezing production, while energy shares weighed on global stock indexes. Sources said Saudi Arabia did not expect a decision in Algeria, where the Organization of the Petroleum Exporting...

  • *No Saudi-Iran agreement ahead of Algeria talks. NEW YORK, Sept 23- Oil prices tumbled 4 percent on Friday on signs Saudi Arabia and arch rival Iran were making little progress in achieving preliminary agreement ahead of talks by major crude exporters next week aimed at freezing production. Brent crude futures settled down $1.76, or 3.7 percent, at $45.89 a barrel.

  • Sept 23- Many Yahoo users rushed on Friday to close accounts, some of which they had not used in years, after the internet company announced it suffered one of the world's largest cyber breaches. "We're probably just going to dump Yahoo altogether," said Rick Hollister, who owns a private investigation firm in Tallahassee, Florida. Rachel, a 33- year-old from...

  • NEW YORK, Sept 23- Oil prices tumbled about 4 percent on Friday on signs Saudi Arabia and arch rival Iran were making little progress in achieving preliminary agreement ahead of talks by major crude exporters next week aimed at freezing production. Crude futures slumped after sources said Saudi Arabia did not expect a decision in Algeria where the...

  • NEW YORK, Sept 23- Oil prices fell sharply on Friday following a report that Saudi Arabia did not expect a deal at talks by major crude exporters next week aimed at freezing output and reining in a global glut, while world stock indexes edged lower. Traders cited a Bloomberg report that Saudi Arabia did not expect a decision at Algiers, where the biggest oil...

  • VERSAILLES, France, Sept 23- Former Societe Generale trader Jerome Kerviel is liable for only 1 million euros of the 4.9 billion euros in losses he racked up at the bank, and not the whole amount, a French court ruled on Friday. The ruling by the Versailles Court of Appeals, the latest in a series of judgments on a case dating back to 2008, leaves a question mark hanging...

  • *UK firms will not supply all of the steel needed. *UK economic output by industry: http://tmsnrt.rs/2d4tTz8. LONDON, Sept 22- UK steelmakers are likely to win deals to supply the 18 billion pound nuclear power plant at Hinkley Point, although that may not be enough to bolster Britain's troubled steel sector, industry experts say.

  • NEW YORK, Sept 23- Oil prices fell about 3 percent on Friday, paring weekly gains, on a report that Saudi Arabia did not expect an agreement at talks next week among major crude exporters aimed at freezing production. Crude futures slumped after Bloomberg reported that Saudi Arabia did not expect a decision at Algiers, the capital of Algeria where the biggest oil...