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UNITED KINGDOM NEWS

UNITED KINGDOM NEWS

  • Scottish singer-songwriter Emeli Sande was nominated for two of Britain's top songwriting honors on Wednesday in a shortlist that also put northern English rockers Alt-J and London rapper Plan B forward for two awards.

     

  • Lloyd's of London underwriter Cathedral Capital is being put up for sale by its private equity owner and could fetch more than 250 million pounds ($382 million), a source familiar with the matter said on Wednesday.

     

  • About two dozen opponents of former British Prime Minister Margaret Thatcher turned their backs on her funeral procession and some others booed as her coffin passed through central London on a gun carriage on Wednesday.

     

  • British unemployment rose in February and wage growth slowed to a record low, suggesting cracks are starting to show in the labor market at a time when the central bank is split on another cash boost for the economy.

     

  • Scottish singer-songwriter Emeli Sande was nominated for two of Britain's top songwriting honours on Wednesday in a shortlist that also put northern English rockers Alt-J and London rapper Plan B forward for two awards.

     

  • Reuters will issue this diary daily at around 1000 GMT.

     

  • European shares fell for the fourth session in a row on Wednesday, led down by commodity-related shares.

     

  • Borne on a horse-drawn gun carriage, the coffin of Margaret Thatcher made its final journey from the centre of British political power on Wednesday past thousands of supporters who lined the streets of London to bid farewell to the "Iron Lady".

     

  • Britain's top share index fell for a fourth straight session on Wednesday, hit by a fall in mining shares and supermarket Tesco after some weak corporate reports.

     

  • European shares dropped on Wednesday morning, sinking for the fourth session in a row, with traders citing several potential causes for a key index to break below technical support, triggering stop losses.

     

  • Miner Petra Diamonds said it recovered a high-quality 25.5-carat blue diamond at its Cullinan mine in South Africa, sending its shares up as much as 5 percent.

     

  • Usain Bolt will return to London to compete in the IAAF Diamond League meeting at the Olympic Stadium in which he achieved a clean sweep of gold medals last year.

     

  • Usain Bolt will return to London to compete in the IAAF Diamond League meeting at the Olympic Stadium in which he achieved a clean sweep of gold medals last year.

     

  • Sterling edged lower against the dollar and euro on Wednesday, with demand muted ahead Bank of England minutes that will be scrutinised for any clues on the likelihood of further monetary easing.

     

  • Italy's Serie A needs radical change and investment if their struggling clubs are to compete for European trophies, former AC Milan captain Paolo Maldini has told Reuters.

     

  • Claire Williams has a pretty shrewd idea of how her father Frank would have reacted had he been told 20 years ago that she would one day be deputy principal of his Formula One team and designated successor.

     

  • Iraqi Kurdistan will be ready to export its crude oil directly to world markets via Turkey within months after a new pipeline is completed, a move likely to deepen a row with Baghdad over the distribution of Iraq's hydrocarbon revenues.

     

  • British film studio Pinewood Shepperton, home of the James Bond movies, has signed a joint venture deal with a Chinese media entrepreneur as it seeks to expand its production services into China.

     

  • European shares pared early gains and turned flat on Wednesday morning as heavyweight miners resumed their recent sell-off, falling along with metal prices, dragged by jitters over demand growth.

     

  • South America-focused oil and gas producer Amerisur Resources Plc reported a nearly 500 percent rise in full-year profit helped by a steep increase in production.

     

  • European shares rose in early trade on Wednesday as investors started to look for bargains after a steep three-session selloff, reassured by better-than-expected results from U.S. and European companies.

     

  • British luxury group Burberry posted a 10 percent rise in fourth quarter revenue as strong demand for its more expensive products in China helped it beat sales forecasts for the second half of the year.

     

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