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UK tells housing firms: Pay to fix unsafe buildings or face development ban

UK tells housing firms: Pay to fix unsafe buildings or face development ban LONDON, Jan 30 (Reuters) - Housing companies will be blocked from new development work unless they agree to pay for cladding removal and other repairs on unsafe multi-storey buildings - a bill totalling 2 billion pounds ($2.5 billion) - the British government said on Monday. Ministers want developers to sign a contract committing them to pay to fix buildings which have been classed as unsafe under new safety standards br
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UK to sign deal with homebuilders to fix building safety issues - Sky News

UK to sign deal with homebuilders to fix building safety issues - Sky News Jan 27 (Reuters) - UK's levelling-up minister Michael Gove is set to close a deal worth 5 billion pounds ($6.20 billion) with housebuilders including Barratt Developments BDEV.L and Persimmon PSN.L to help resolve the national cladding crisis exposed by the 2017 Grenfell Tower disaster, Sky News reported on Friday.
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Britain needs a growth plan, says Tesco chairman

UPDATE 1-Britain needs a growth plan, says Tesco chairman Adds detail LONDON, Jan 20 (Reuters) - The British government must come up with a long term growth strategy, John Allan, the chairman of Britain's biggest retailer Tesco TSCO.L , s aid on Friday. "What we'd love to see from government is a really serious, thought through, long term growth plan," he said.
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UK Stocks-Factors to watch on Jan 11

Jan 11 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Wednesday, with futures FFIc1 up 0.2%. * DARKTRACE: British cybersecurity company Darktrace DARK.L cut its full-year revenue forecast, saying prospective customers were more reluctant to run product trials due to worsening macro-economic environment. * DIRECT LINE: Motor and home insurer Direct Line DLGD.L said it does not expect to pay a final dividend for 2022, following surge in claims due to severe cold weather in Br
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UK Stocks-Factors to watch on Oct. 13

Oct 13 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Thursday with futures FFIc1 down 0.15%. * GSK: Late-stage data showed GSK's respiratory syncytial virus (RSV) vaccine was 82.6% effective in a keenly watched late-stage study involving older adults. * EASYJET: EasyJet EZJ.L forecast it would post a headline annual loss before tax of between 170 million pounds and 190 million pounds after cancelled flights in spring offset a strong summer season.
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