UK economy

Image for Glencore in talks with UK government over insolvent Lindsey oil refinery supply, source says
Finance

Glencore in talks with UK government over insolvent Lindsey oil refinery supply, source says

LONDON (Reuters) -Commodities trader Glencore is in talks with the British government over the statu...

2nd July, 2025

Image for UK government, pharma industry still far away from life sciences plan agreement
Headlines

UK government, pharma industry still far away from life sciences plan agreement

LONDON (Reuters) -The British government and the pharmaceutical industry remain far apart in a dispu...

2nd July, 2025

Image for UK markets see 2022-style selloff as worries build over finance minister
Finance

UK markets see 2022-style selloff as worries build over finance minister

LONDON (Reuters) -British government bond prices fell by the most since October 2022 and the pound t...

2nd July, 2025

Image for UK bond rout draws Truss comparisons as public finances rattle investors
Headlines

UK bond rout draws Truss comparisons as public finances rattle investors

LONDON (Reuters) -British government bond prices fell by the most since October 2022 and the pound t...

2nd July, 2025

Image for UK PM gives full backing to Reeves after tearful appearance in parliament
Headlines

UK PM gives full backing to Reeves after tearful appearance in parliament

LONDON (Reuters) -British finance minister Rachel Reeves has the full support of Prime Minister Keir...

2nd July, 2025

Image for Sterling nudges lower but still near multi-year highs, looking past UK politics
Finance

Sterling nudges lower but still near multi-year highs, looking past UK politics

LONDON (Reuters) -The pound eased a touch against the dollar on Wednesday but held near its near-fou...

2nd July, 2025

Image for UK stocks fall on concerns over state finances after costly U-turns
Finance

UK stocks fall on concerns over state finances after costly U-turns

By Twesha Dikshit (Reuters) -London's blue-chip stock index edged higher and the midcap index fell o...

2nd July, 2025

Image for BoE's Taylor warns soft landing for UK economy at risk, sees more rate cuts
Finance

BoE's Taylor warns soft landing for UK economy at risk, sees more rate cuts

(Changes day of the week to Wednesday in first paragraph) (Reuters) -Bank of England policymaker Ala...

2nd July, 2025

Image for U-turns wipe out UK welfare savings and strain budget, analysts warn
Headlines

U-turns wipe out UK welfare savings and strain budget, analysts warn

By Andy Bruce MANCHESTER, England (Reuters) -Prime Minister Keir Starmer's U-turns to pass welfare r...

2nd July, 2025

Image for UK baker Greggs warns of profit dip as heatwave deters customers
Finance

UK baker Greggs warns of profit dip as heatwave deters customers

(Reuters) -British baker and fast food chain Greggs said on Wednesday its annual operating profit co...

2nd July, 2025

Image for UK's Topps Tiles posts 10% rise in quarterly sales; shares soar
Finance

UK's Topps Tiles posts 10% rise in quarterly sales; shares soar

(Reuters) -British tile retailer Topps Tiles posted a 10.1% increase in third-quarter adjusted sales...

2nd July, 2025

Image for UK pay awards rise to 3.4% in three months to May, IDR survey shows
Finance

UK pay awards rise to 3.4% in three months to May, IDR survey shows

LONDON (Reuters) -Average annual pay awards offered by British employers rose in the three months to...

2nd July, 2025