United Kingdom



Corbyn warns bankers - finance will serve Britain under Labour government


LONDON Britain's financial sector will be "the servant of industry not the masters of us all" if the opposition Labour Party gets into power, its leader Jeremy Corbyn will say on Tuesday, accusing bankers of taking the economy hostage.

HSBC profit disappoints as CEO Gulliver bows out 1:44pm GMT

HONG KONG/LONDON HSBC Holdings reported a smaller than expected rise in annual profits and unveiled plans to raise up to $7 billion (5 billion pounds) to bolster its capital, as CEO Stuart Gulliver hands over to a new leadership team on Tuesday. | Video

Britain and U.S. in talks over captured British IS fighters - home secretary 10:18am GMT

LONDON Britain and the United States are in talks about the fate of two captured British Islamic State militants, suspected of being part of a notorious group known for torturing and killing Western hostages, British Home Secretary Amber Rudd said.

Murdoch's Fox seeks to win bid approval by extending Sky News guarantee 11:12am GMT

LONDON Rupert Murdoch's Twenty-First Century Fox has strengthened its offer to protect the independence of Sky's loss-making news channel to try to overcome regulatory concerns about Fox's takeover of the parent company.

Oxfam chief apologises for 'babies in cots' comment on sex abuse scandal 11:48am GMT

LONDON Oxfam chief executive Mark Goldring apologised on Tuesday for saying a wave of condemnation of the charity over sex abuse by its staff was disproportionate as it had not "murdered babies in their cots".

Exclusive - EU scraps border projects as 'Ukraine fatigue' grows 12:29pm GMT

KIEV The European Union is shutting down a border checkpoint scheme with Ukraine, deepening doubts about Kiev's ability to deliver reforms in return for billions in European aid.

'Thousand lira' man - Italy's Berlusconi baffles as vote nears 12:28pm GMT

ROME At a recent business conference, Silvio Berlusconi puzzled his audience by boasting that, as prime minister, he had made sure Italians got monthly pensions of 1,000 lire - about the cost of an espresso.

Philippine leader bans news site from covering his events over 'fake news' 2:20pm GMT

MANILA Philippine President Rodrigo Duterte has "lost trust" in local news site Rappler and barred it from covering his official events, his spokesman said on Tuesday, in the latest blow for an outlet known for its tough scrutiny of his government.

Pressure remains on BHP despite rise in earnings 2:22pm GMT

MELBOURNE/LONDON Global miner BHP, seeking to fend off activist investor Elliott Advisors, handed an extra $800 million (573.07 million pounds)to shareholders but its share price slid on Tuesday after costs rose and interim results fell short of forecasts. | Video

UK manufacturers say they urgently need clarity on Brexit 7:39am GMT

LONDON British manufacturers urgently need clarity on whether the country will clinch a Brexit transition period to smooth its departure from the European Union, the head of a body representing the industry will say on Tuesday.