England

Oil gains as optimism returns to U.S.-China trade talks

LONDON/TOKYO (Reuters) - Oil prices rose on Tuesday on hopes of progress toward a trade agreement between the United States and China, the world’s biggest oil users, and predictions of a draw on U.S. crude inventories.

Brent crude LCOc1, the international price benchmark, gained 14 cents to $63.79 by 1144 GMT while West Texas Intermediate crude CLc1 was up 17 cents at $58.18.

Bank of England fines Citigroup 44 million pounds for regulatory failures

LONDON (Reuters) - The Bank of England fined Citigroup (C.N) 43.9 million pounds ($56.3 million) on Tuesday, saying the U.S. banking group’s British operations failed to provide accurate regulatory returns to the BoE between 2014 and 2018.

“While Citi remained in surplus to its liquidity and capital requirements at all times, the failings persisted over a significant length of time and were serious and widespread in nature,” the BoE said.

Millions apply to vote in British election ahead of Tuesday's deadline

LONDON (Reuters) - More than 2 million under-35s have applied to vote in Britain’s Dec. 12 election since the poll was called just four weeks ago, government data showed ahead of Tuesday’s registration deadline.

The outcome of next month’s election, which will determine how, when and even whether Britain leaves the European Union, remains uncertain. Prime Minister Boris Johnson’s Conservatives are ahead in opinion polls but two published this week have shown their lead narrowing.

Man nabbed on suspicion of manslaughter over Essex lorry container deaths

LONDON, Nov. 25 (Xinhua) -- A man was arrested on Monday on suspicion of manslaughter in connection with the deaths of 39 Vietnamese nationals that were found in a refrigerated lorry container in October in Essex in southeast England.

British police said the 36-year-old man, from Purfleet in Essex, remains in custody, media reports said.

Former UK PM Blair: Don't hold your breath for UK-U.S. trade deal

LONDON (Reuters) - Former British Prime Minister Tony Blair said on Monday that a UK-U.S. trade deal would be very difficult to agree, saying protectionist sentiment worldwide was making trade agreements harder to negotiate.

“I wouldn’t hold your breath on a United States-UK trade deal, I think it is going to be very difficult,” Blair told a Reuters Newsmaker event.

“In today’s world they (trade deals) are even more difficult because there is a lot of protectionist sentiment.”

Former PM Blair says Britain is a mess

LONDON (Reuters) - Former Prime Minister Tony Blair said on Monday that Britain was in a mess, warning that neither his own Labour Party nor the Conservative Party, led by Prime Minister Boris Johnson, deserved to win a Dec. 12 election.

“We’re a mess,” Blair said at a Reuters Newsmaker event. “The buoyancy of the world economy has kept us going up to now, but should that falter, we will be in deep trouble.”

UK man pleads guilty to immigration, property offences in truck deaths case

LONDON (Reuters) - A Northern Irish man, who is charged with the manslaughter of 39 Vietnamese nationals found dead in a truck near London last month, pleaded guilty on Monday to assisting unlawful immigration and to acquiring criminal property.

Appearing by video link from Belmarsh Prison in east London, Maurice Robinson, 25, was not asked to enter a plea to 41 other charges, including 39 counts of manslaughter.

No trial date was set and Robinson is next due in court on Dec. 13.

UK's Johnson promises Brexit for Christmas in manifesto

TELFORD, England (Reuters) - British Prime Minister Boris Johnson will promise to bring his deal to leave the European Union back to parliament before Christmas when he launches his Conservative Party’s manifesto on Sunday.

With less than three weeks before Britain heads to the polls on Dec. 12, the governing Conservatives and opposition Labour are trying to tempt voters with different visions but several pledges to spend more on public services.

UK's Labour vows action on 'tax and wage cheat' multinationals

LONDON (Reuters) - Britain’s opposition Labour Party will hold a rally outside an Amazon depot on Saturday as it highlights its promise to target multinational firms it accuses of dodging taxes and cheating workers should it win next month’s general election.

In its manifesto launched on Thursday, Labour unveiled a plan to spend almost 83 billion pounds ($106 billion) on a program of widespread nationalization and free public services with the revenue coming from taxes on high earners and corporations.

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