Government Bonds Correspondent
William's Feed
Nov 26, 2014

Royal Mail warns of threat to nationwide service

LONDON (Reuters) – Royal Mail warned that competition from rivals such as Whistl could make it financially impossible to fulfil its legal obligation to deliver mail across the whole country, six days a week.

The postal operator, formerly state-owned before it was privatised last year, is required by law to provide this so-called universal service at a uniform pricing tariff.

Nov 26, 2014

Britain’s Royal Mail warns of threat to nationwide service

LONDON, Nov 26 (Reuters) – Britain’s Royal Mail
warned that competition from rivals such as Whistl could make it
financially impossible to fulfil its legal obligation to deliver
mail across the whole country, six days a week.

The postal operator, formerly state-owned before it was
privatised last year, is required by law to provide this
so-called universal service at a uniform pricing tariff.

Nov 21, 2014

In class obsessed Britain, tweet of ‘white van’ man hits nerve

ROCHESTER England (Reuters) – Posting a picture on Twitter of a two-storey house, displaying three English flags of St. George and with a white tradesman’s van outside might seem innocuous to a foreign eye.

When a British politician appeared to sneer at the modest Rochester home of a ‘white van’ voter, she was vilified as a member of an arrogant London elite.

Nov 21, 2014

In blow to Cameron, Britain’s UKIP wins second parliamentary seat

GILLINGHAM/LONDON (Reuters) – Prime Minister David Cameron’s Conservatives lost a second parliamentary seat to the anti-EU UKIP in Britain on Friday, an embarrassing defeat that foreshadows a possible political upheaval in next year’s national election.

With distrust of mainstream parties and anxiety about immigration rising, UKIP, the UK Independence Party, comfortably beat Cameron’s party in a special election in the southeast English constituency of Rochester and Strood six months before what is shaping up to be a closely-fought national vote.

Nov 21, 2014

In blow to PM Cameron, Britain’s anti-EU UKIP party wins second parliamentary seat

GILLINGHAM/LONDON (Reuters) – Prime Minister David Cameron’s Conservatives lost a second parliamentary seat to the anti-EU UKIP party in Britain on Friday, an embarrassing defeat that foreshadows a possible political upheaval in next year’s national election.

With distrust of mainstream parties and anxiety about immigration rising, UKIP, the UK Independence Party, comfortably beat Cameron’s party in a special election in the southeast English constituency of Rochester and Strood six months before what is shaping up to be a closely-fought national vote.

Nov 21, 2014

In blow to PM Cameron, UKIP party wins second parliamentary seat

GILLINGHAM/LONDON (Reuters) – Prime Minister David Cameron’s Conservatives lost a second parliamentary seat to UKIP in Britain on Friday, an embarrassing defeat that foreshadows a possible political upheaval in next year’s national election.

With distrust of mainstream parties and anxiety about immigration rising, UKIP, the UK Independence Party, comfortably beat Cameron’s party in a special election in the southeast English constituency of Rochester and Strood six months before what is shaping up to be a closely-fought national vote.

Nov 19, 2014

UK pub firms hit by move to curb power over tenants

LONDON, Nov 19 (Reuters) – British pub groups suffered on
Wednesday after lawmakers backed a move to hand publicans more
control over where they buy beer, hitting shares and raising
questions over the structure of the industry.

Shares in Enterprise Inns and Punch Taverns,
owners of more than 9,000 British pubs, tumbled as investors
reacted to bill changes announced on Tuesday, which the
companies fear could lead to job losses and closures.

Nov 19, 2014

MPs give pub tenants free choice of beer

LONDON (Reuters) – MPs on Tuesday voted to give people who lease pubs from big companies more freedom about where they buy their beer, overturning government plans for industry reforms.

Almost half of Britain’s 50,000 pubs are run by tenants under “beer-tie” agreements, which mean they buy beer from the firm that holds their lease at above market prices in return for subsidised rent or other benefits. Some publicans have claimed unfair treatment and very low earnings from such deals.

Nov 18, 2014

British lawmakers give pub tenants free choice of beer

LONDON, Nov 18 (Reuters) – British lawmakers on Tuesday
voted to give people who lease pubs from big companies more
freedom about where they buy their beer, overturning government
plans for industry reforms.

Almost half of Britain’s 50,000 pubs are run by tenants
under “beer-tie” agreements, which mean they buy beer from the
firm that holds their lease at above market prices in return for
subsidised rent or other benefits. Some publicans have claimed
unfair treatment and very low earnings from such deals.

Nov 9, 2014

UK’s Miliband warns businesses of PM Cameron’s EU exit gamble

LONDON (Reuters) – British opposition leader Ed Miliband will on Monday attack Prime Minister David Cameron’s plans to hold a European Union membership referendum, seeking to shift the political agenda away from questions over his own future.

In a speech to business leaders, Miliband will warn that political rivals who “flirt” with pulling Britain out of the European Union are putting millions of jobs at risk by generating uncertainty among business and deterring investment.