UK economy

Image for Crest Nicholson's half-year profit soars as domestic housing demand firms
Finance

Crest Nicholson's half-year profit soars as domestic housing demand firms

(Reuters) -UK Housebuilder Crest Nicholson's adjusted pre-tax profit more than tripled in the first...

12th June, 2025

Image for UK economy shrinks by the most since 2023 as US tariffs hit
Finance

UK economy shrinks by the most since 2023 as US tariffs hit

LONDON (Reuters) -Britain's economic output contracted sharply in April in April, when shockwaves fr...

12th June, 2025

Image for Analysis-As global tumult grows, UK Plc's stability and bargains appeal to dealmakers
Finance

Analysis-As global tumult grows, UK Plc's stability and bargains appeal to dealmakers

By Amy-Jo Crowley, Yadarisa Shabong and Purvi Agarwal LONDON (Reuters) -More than $10 billion in bid...

12th June, 2025

Image for UK surveyors report weakest house price growth in nearly a year, RICS survey shows
Finance

UK surveyors report weakest house price growth in nearly a year, RICS survey shows

By Suban Abdulla LONDON (Reuters) -Britain's housing market lost more steam last month as demand fad...

12th June, 2025

Image for British and Spanish PMs agree Gibraltar deal unlocks 'huge opportunity'
Headlines

British and Spanish PMs agree Gibraltar deal unlocks 'huge opportunity'

LONDON (Reuters) -British Prime Minister Keir Starmer, in a phone call with Spanish Prime Minister P...

11th June, 2025

Image for AB Foods holds off bioethanol plant closure decision until June 25
Headlines

AB Foods holds off bioethanol plant closure decision until June 25

LONDON (Reuters) -Associated British Foods said on Wednesday its under threat Vivergo bioethanol pla...

11th June, 2025

Image for UK's Fuller Smith to tread carefully on price hikes despite rising costs, CEO says
Finance

UK's Fuller Smith to tread carefully on price hikes despite rising costs, CEO says

By Raechel Thankam Job (Reuters) -British pub chain Fuller, Smith & Turner will take a cautious appr...

11th June, 2025

Image for UK offers more investment for housing, seeks wider private capital
Headlines

UK offers more investment for housing, seeks wider private capital

LONDON (Reuters) -British Finance minister Rachel Reeves announced an additional 10 billion pounds (...

11th June, 2025

Image for Sterling near highs, gilt yields rise as Reeves delivers spending review
Headlines

Sterling near highs, gilt yields rise as Reeves delivers spending review

LONDON (Reuters) -Sterling was little changed and UK government bond yields held higher on Wednesday...

11th June, 2025

Image for Health, defence and schools: UK's Reeves sets out spending plans
Finance

Health, defence and schools: UK's Reeves sets out spending plans

LONDON (Reuters) -British finance minister Rachel Reeves set out her plans to divide up more than 2...

11th June, 2025

Image for UK will end use of hotels for asylum seekers by 2029, Reeves says
Finance

UK will end use of hotels for asylum seekers by 2029, Reeves says

LONDON (Reuters) -Britain will end the use of hotels to house asylum seekers before the next electio...

11th June, 2025

Image for UK government department budgets to rise by 2.3% a year, Reeves says
Headlines

UK government department budgets to rise by 2.3% a year, Reeves says

LONDON (Reuters) -British finance minister Rachel Reeves said the government's departmental budgets...

11th June, 2025