UK economy

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Image for US skips hike in UK steel and aluminum tariffs as both countries eye quick trade deal
Headlines

US skips hike in UK steel and aluminum tariffs as both countries eye quick trade deal

LONDON (Reuters) -Britain's trade minister Jonathan Reynolds will meet U.S. Trade Representative Jam...

2nd June, 2025

Image for Bank of England's Mann says QT impact needs to be reconsidered
Finance

Bank of England's Mann says QT impact needs to be reconsidered

By David Milliken LONDON (Reuters) -The Bank of England needs to pay closer attention to the impact...

2nd June, 2025

Image for Man convicted for burning Koran outside London's Turkish consulate
Finance

Man convicted for burning Koran outside London's Turkish consulate

LONDON (Reuters) -A man who set fire to a copy of the Koran outside the Turkish consulate in London...

2nd June, 2025

Image for UK mortgage approvals drop to lowest in over a year after tax break ends
Finance

UK mortgage approvals drop to lowest in over a year after tax break ends

By David Milliken LONDON (Reuters) -The number of mortgages approved by British lenders for house pu...

2nd June, 2025

Image for UK's FTSE 100 closes around flat as staples, healthcare losses eclipse energy gains
Finance

UK's FTSE 100 closes around flat as staples, healthcare losses eclipse energy gains

(Reuters) -The FTSE 100 edged lower on Monday as market pessimism resurfaced due to fresh strains in...

2nd June, 2025

Image for Sterling firms with focus on defence plan, weaker dollar
Finance

Sterling firms with focus on defence plan, weaker dollar

By Johann M Cherian (Reuters) -Sterling had a firm start to the week on Monday, as investors assesse...

2nd June, 2025

Image for UK factories struggle as trade uncertainty, higher costs hit, PMI shows
Headlines

UK factories struggle as trade uncertainty, higher costs hit, PMI shows

LONDON (Reuters) -The downturn in British manufacturing was less steep than first feared in May but...

2nd June, 2025

Image for UK house prices rise 3.5% y/y in May, Nationwide says
Finance

UK house prices rise 3.5% y/y in May, Nationwide says

LONDON (Reuters) -British house prices in May were 3.5% higher than a year earlier, monthly data fro...

2nd June, 2025

Image for Trade war, labour costs herald weakest UK outlook since 2022, CBI says
Headlines

Trade war, labour costs herald weakest UK outlook since 2022, CBI says

By Suban Abdulla LONDON (Reuters) -British firms expect output to slide over the next three months,...

1st June, 2025

Image for High energy costs threaten UK manufacturing's future, industry warns
Headlines

High energy costs threaten UK manufacturing's future, industry warns

By Andy Bruce MANCHESTER, England (Reuters) -Britain needs to cut industrial energy bills that are t...

1st June, 2025

Image for BoE's Breeden sees loosening labour market and disinflation, Sunday Times reports
Finance

BoE's Breeden sees loosening labour market and disinflation, Sunday Times reports

MANCHESTER, England (Reuters) -Bank of England Deputy Governor Sarah Breeden highlighted a weakening...

1st June, 2025

Image for UK faces choice next week between health and other spending, IFS think tank warns
Headlines

UK faces choice next week between health and other spending, IFS think tank warns

By David Milliken LONDON (Reuters) -British finance minister Rachel Reeves' key decision in next wee...

31st May, 2025