UK economy

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Image for UK's Reeves approves $21 billion of public transport projects outside London
Headlines

UK's Reeves approves $21 billion of public transport projects outside London

By Andy Bruce MANCHESTER, England (Reuters) -British finance minister Rachel Reeves will on Wednesda...

3rd June, 2025

Image for Tesla's UK car sales drop over 45% in May, New AutoMotive early data shows
Headlines

Tesla's UK car sales drop over 45% in May, New AutoMotive early data shows

(Reuters) -Tesla's new car sales in Britain tumbled more than 45% from a year earlier in May, prelim...

3rd June, 2025

Image for Britain has 12 days to save bioethanol industry, says AB Foods
Headlines

Britain has 12 days to save bioethanol industry, says AB Foods

By James Davey LONDON (Reuters) -One of Britain's biggest bioethanol producers warned the government...

3rd June, 2025

Image for UK utility Pennon swings to pretax annual loss on investment costs
Finance

UK utility Pennon swings to pretax annual loss on investment costs

(Reuters) -British water utility Pennon Group swung to an annual pretax loss on Tuesday, hurt by cos...

3rd June, 2025

Image for BoE's Bailey sticks with 'careful' rate cut view as uncertainty deepens
Finance

BoE's Bailey sticks with 'careful' rate cut view as uncertainty deepens

(Reuters) -Bank of England Governor Andrew Bailey said on Tuesday he was sticking with a "gradual an...

3rd June, 2025

Image for Sterling tiptoes lower; 40-year gilt auction, BoE speakers in focus
Finance

Sterling tiptoes lower; 40-year gilt auction, BoE speakers in focus

LONDON (Reuters) -The pound trod water on Tuesday, holding mostly steady against the dollar and the...

3rd June, 2025

Image for BoE's Bailey sees rate path shrouded increasingly by uncertainty
Finance

BoE's Bailey sees rate path shrouded increasingly by uncertainty

LONDON (Reuters) -Bank of England Governor Andrew Bailey said the path for interest rates was now sh...

3rd June, 2025

Image for UK's FTSE 100 ends higher on energy, defence boost
Finance

UK's FTSE 100 ends higher on energy, defence boost

(Reuters) -Britain's main indexes fell on Tuesday, pressured by mining and financial stocks, with in...

3rd June, 2025

Image for BoE's Breeden saw case for May rate cut even without trade turmoil
Finance

BoE's Breeden saw case for May rate cut even without trade turmoil

(Reuters) -Bank of England Deputy Governor Sarah Breeden said on Tuesday that she saw a case for cut...

3rd June, 2025

Image for UK's MJ Gleeson flags profit dip for low-cost housebuilding unit
Finance

UK's MJ Gleeson flags profit dip for low-cost housebuilding unit

(Reuters) -Britain's MJ Gleeson said on Tuesday its low-cost housebuilding unit Gleeson Homes will r...

3rd June, 2025

Image for UK's Chemring posts record order book on geopolitical risks
Headlines

UK's Chemring posts record order book on geopolitical risks

(Reuters) -British defence contractor Chemring posted its highest-ever order book and order intake o...

3rd June, 2025

Image for UK needs tough action on government budget policy, OECD warns
Headlines

UK needs tough action on government budget policy, OECD warns

LONDON (Reuters) -Britain's government needs to try harder to reduce borrowing and debt, the Paris-b...

3rd June, 2025