UK

The recent crisis in Britain's government bond market means smaller UK pension schemes may fork out more money for a bespoke liability-driven investment (LDI) strategy in future to ensure better protection, industry sources say.

Improving transparency of 'non-banks' such as pension funds is a first step in applying lessons from turmoil in Britain's government bond market, Bank of England executive director Sarah Breeden said on Monday.

The Dutch government has banned British conspiracy theorist David Icke from the Netherlands and the entire Schengen area of the European Union for two years over fears his presence could "disturb public order."

A teenage boy was allegedly raped at a hotel being used to house refugees, and another was sexually assaulted at the same facility.

Companies fail to reveal if meetings with shareholders alter their behaviour, such as in setting pay for top executives, Britain's corporate governance regulator said on Thursday.

The Bank of England raised interest rates by the most since 1989 on Thursday but it also warned that Britain faced a long recession and told investors borrowing costs were likely to go up by less than they expect.

A British subsidiary of mining and trading group Glencore was ordered to pay a total penalty of 276.4 million pounds ($310.6 million) in a London court on Thursday for seven bribery offences in relation to its oil operations in Africa.

UK Home Secretary Suella Braverman has landed herself in another controversy by revealing her plans for child refugees to undergo X-rays to verify their age.

Europe needs its industrial companies to save energy amid soaring costs and shrinking supplies, and they are delivering - demand for natural gas and electricity both fell in the past quarter.

Britain's new prime minister Rishi Sunak on Wednesday announced he will join the UN climate conference in Egypt after all, having provoked anger for refusing to attend the global event early into his tenure.

Britain, rattled by the recent near meltdown of some pension funds, is pressing ahead to tighten oversight of the so-called shadow banking sector, taking the lead ahead of possible co-ordinated international action.

UK Home Secretary Suella Braverman has come under fire for her derogatory remarks on migrants.

European stocks rose on Tuesday and the positive market sentiment was set to continue on Wall Street, supported by speculation among investors that central banks could come to the end of their rate-hiking cycles.

A British cabinet minister on Tuesday vowed "more radical" policies to counter illegal migration as record numbers make the treacherous crossing of the Channel in small boats.

British grocery delivery platform Ocado on Tuesday announced a tie-up with South Korean giant Lotte Shopping, sending its shares soaring in London.

The Bank of England will pass a major milestone on Tuesday when it holds a first auction to sell some of the 875 billion pounds ($1.01 trillion) of government bonds it bought during successive quantitative easing (QE) programmes from 2009-2021.

U.S. stocks were mixed and European shares ended nearly flat on Thursday as investors balanced mixed earnings reports and economic data, while the pound retreated from mid-September highs.

French protesters on Monday defied a massive police presence to try to stop an agriculture water storage project, as the government vowed to prevent any encampment and denounced "eco-terrorism".

October morning temperatures topping 30 Celsius (86 Fahrenheit) in Spain may have brought cheer to the tourists, but they are provoking concern among environmentalists.

The European Union asked the United States on Monday to treat EU electric vehicles, batteries and sustainable energy equipment sold in the United States the same as those from Canada and Mexico, Czech trade minister Jozef Sikela said.

Jemma Mitchell, who decapitated her friend after murdering her, has been described as a "snake" by one of her former best friends.