Reuters UK

VIENNA (Reuters) -Governor Andrew Bailey on Monday pushed back against his critics who blame the Bank of England for allowing inflation to accelerate to a 40-year high, saying the facts do not support this. The British central bank has been accused by …

(Reuters) -Starbucks Corp said on Monday it will exit the Russian market after nearly 15 years as the coffee chain joins McDonald’s Corp in marking the end of the presence of some of the top Western brands in the country. Seattle-based Starbucks has 13…

FRANKFURT (Reuters) -Vienna-based Alcmene Group is interested in taking over the partly Rosneft-owned PCK Schwedt refinery in eastern Germany, the Handelsblatt business daily said on Monday. Alcmene tried to buy Shell’s 37.5% share in Schwedt last year…

LONDON (Reuters) – Britain and Lithuania signed a joint declaration on Monday to boost defence and security collaboration, stepping up London’s support of nations that fear Russian President Vladimir Putin will not stop at Ukraine in trying to redraw E…

By Balazs Koranyi and Dan Burns DAVOS, Switzerland (Reuters) -Multiple threats to the global economy topped the worries of the world’s well-heeled at the annual Davos think-fest on Monday, with some flagging the risk of a worldwide recession. Political…

LONDON (Reuters) – Russian President Vladimir Putin quipped on Monday that he would have a serious talk to the West about its assertions that he was to blame for all the economic chaos sown by the conflict in Ukraine and the West’s crippling sanctions….

LONDON (Reuters) – Barclays has promoted Gonzalo Ardura to lead its investment banking business in Spain, replacing Nacho Moreno who left the British bank last week to join Credit Suisse. Ardura, who joined Barclays in 2009, will report to Pier Luigi C…

LONDON (Reuters) – British Prime Minister Boris Johnson met senior civil servant Sue Gray to discuss the timings for publication of a report she had overseen into COVID-19 lockdown parties at Downing Street, his spokesman said on Monday. “It was discus…

LONDON (Reuters) – Swedish Match shareholder abrdn said on Monday it was not clear whether the long-term value of the company was reflected in the Philip Morris offer price for the Swedish company. “The opportunity cost to shareholders of accepting the…

By Marek Strzelecki WARSAW (Reuters) – Poland said on Monday it had terminated its agreement with Russia to receive Russian gas via the Yamal pipeline, after Warsaw rejected a demand to pay for the fuel in roubles and Moscow responded by cutting off su…