UK economy

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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

Image for Sterling ticks lower ahead of closely watched UK spending review
Finance

Sterling ticks lower ahead of closely watched UK spending review

By Lucy Raitano (Reuters) -Sterling fell against a firmer dollar on Wednesday, as markets geared up...

11th June, 2025

Image for UK stocks end slightly higher after domestic spending review, US inflation data
Finance

UK stocks end slightly higher after domestic spending review, US inflation data

(Reuters) -London's FTSE 100 edged up towards an all-time high on Wednesday, as investors awaited a...

11th June, 2025

Image for UK's Long Harbour proposes $852 million bid for PRS REIT
Finance

UK's Long Harbour proposes $852 million bid for PRS REIT

(Reuters) -UK-based real estate investment management firm Long Harbour has secured financing to lau...

11th June, 2025

Image for British homebuilder shares hit seven-month high ahead of spending review
Finance

British homebuilder shares hit seven-month high ahead of spending review

LONDON (Reuters) -British homebuilder shares rose sharply on Wednesday, ahead a public spending anno...

11th June, 2025

Image for BoE's Saporta says UK banks should borrow more from its repo facilities
Finance

BoE's Saporta says UK banks should borrow more from its repo facilities

By David Milliken HELSINKI (Reuters) -Banks operating in Britain should prepare to change their appr...

11th June, 2025

Image for Factbox-What are the key measures announced in Britain's spending review?
Headlines

Factbox-What are the key measures announced in Britain's spending review?

LONDON (Reuters) -British finance minister Rachel Reeves will reveal her first multi-year spending r...

10th June, 2025

Image for UK's Reeves sets out over 2 trillion pounds of spending to revive government
Headlines

UK's Reeves sets out over 2 trillion pounds of spending to revive government

By David Milliken LONDON (Reuters) -British finance minister Rachel Reeves will divide up more than...

10th June, 2025

Image for Sterling weakens as soft labour market data supports UK rate cut bets
Finance

Sterling weakens as soft labour market data supports UK rate cut bets

By Samuel Indyk LONDON (Reuters) -The British pound fell against the dollar and the euro on Tuesday...

10th June, 2025

Image for Modest UK economic growth to lead Bank of England to cut rates gradually: Reuters poll
Finance

Modest UK economic growth to lead Bank of England to cut rates gradually: Reuters poll

By Anant Chandak BENGALURU (Reuters) - The British economy will grow a mild 1% this year with the Ba...

10th June, 2025

Image for UK's FTSE 100 closes near record highs after labour data raises rate-cut bets
Finance

UK's FTSE 100 closes near record highs after labour data raises rate-cut bets

(Reuters) -London shares gained on Tuesday after soft labour market data cemented bets of more inter...

10th June, 2025

Image for UK pay growth slows as jobless rate rises to highest since 2021
Finance

UK pay growth slows as jobless rate rises to highest since 2021

By Suban Abdulla and David Milliken LONDON (Reuters) -Pay growth in Britain slowed sharply and unemp...

10th June, 2025