Sarah Young

London — Britain's finance ministry appointed Jessica Pulay as the next CEO of the debt management office, responsible for selling hundreds of billions of pounds of government debt every year.

LONDON (Reuters) -British online retailer ASOS forecast its results would improve this year, as its more flexible model takes shape and it cuts excess stock, making it better placed to compete with Chinese-founded fast fashion giant Shein. ASOS sunk to a first-half loss but said it expected to report positive adjusted core earnings for the 12 months to the beginning of September and was on course for more growth in 2025, sending its shares up 5%. The company also on Wednesday named former Sainsbury's and Amazon executive Dave Murray as its new chief financial officer, saying that his e-commerce experience would help return the group to profitability.

LONDON (Reuters) -Two British trade unions on Wednesday lost an appeal over changes to public sector pensions they argued allows the government to

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Listen to this article British Prime Minister Rishi Sunak promised on Monday to start sending asylum seekers to Rwanda within 10 to 12

The law finally passed parliament after weeks of delay, in a move Rishi Sunak hopes will lift his dire popularity ahead of national elections.

LONDON (Reuters) -British Prime Minister Rishi Sunak said on Monday the first flight carrying asylum seekers to Rwanda would leave in 10-12 weeks, as he set out plans for for his flagship policy to tackle illegal migration.

Britain’s opposition Labour Party said it planned to renationalise the country’s rail network within five years without paying compensation to private operators as it set out its plans to fix the troubled railway system.

LONDON (Reuters) -Private equity firm Thoma Bravo agreed to buy Britain’s Darktrace for about $5.32 billion in cash on Friday, saying it would use its software expertise to drive growth at the Mike Lynch-backed cybersecurity specialist.

But migrants continue to make the perilous cross-Channel trip from France, with more than 7,500 having arrived so far in 2024