uk-economy

Image for Sterling steadies after selloff, fiscal worries prevailHeadlines

Sterling Steadies After Selloff, Fiscal Worries Prevail

Image for UK services sector grows at fastest pace since August, PMI showsFinance

UK Services Sector Grows at Fastest Pace Since August, PMI Shows

Image for UK firms trim year-ahead wage growth expectations, BoE survey showsHeadlines

UK Firms Trim Year-Ahead Wage Growth Expectations, BoE Survey Shows

Image for Santander's bet on Britain with TSB deal shows banks' need for scaleFinance

Santander's Bet on Britain With Tsb Deal Shows Banks' Need for Scale

Image for UK's Starmer: Reeves will be chancellor for a very long time

UK's Starmer: Reeves Will Be Chancellor for a Very Long Time

Date: July 2, 2025

LONDON (Reuters) -British Prime Minister Keir Starmer said on Wednesday that financial minister Rachel Reeves would remain chancellor "for a very long time to come" after she was seen crying during...

Image for UK lawmakers approve ban of Palestine Action as terrorist group

UK Lawmakers Approve Ban of Palestine Action as Terrorist Group

Date: July 2, 2025

LONDON (Reuters) -British lawmakers voted on Wednesday to ban pro-Palestinian campaign group Palestine Action as a terrorist organisation, after its activists broke into a military base and damaged...

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

Glencore in Talks With UK Government Over Insolvent Lindsey Oil Refinery Supply, Source Says

Date: July 2, 2025

LONDON (Reuters) -Commodities trader Glencore is in talks with the British government over the status of its supply and offtake contract with the insolvent Lindsey oil refinery, according to a source...

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

UK Government, Pharma Industry Still Far Away From Life Sciences Plan Agreement

Date: July 2, 2025

LONDON (Reuters) -The British government and the pharmaceutical industry remain far apart in a dispute over drug pricing that has delayed publication of a long-pending plan for the UK life sciences...

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

UK Markets See 2022-style Selloff as Worries Build Over Finance Minister

Date: July 2, 2025

LONDON (Reuters) -British government bond prices fell by the most since October 2022 and the pound tumbled on Wednesday, after finance minister Rachel Reeves appeared visibly distressed in parliament,...

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

UK Bond Rout Draws Truss Comparisons as Public Finances Rattle Investors

Date: July 2, 2025

LONDON (Reuters) -British government bond prices fell by the most since October 2022 and the pound tumbled on Wednesday, after finance minister Rachel Reeves appeared visibly distressed in parliament,...