uk-economy
Starmer Wins Vote on UK Welfare Reform but Suffers Damaging Rebellion
UK's Starmer Defeats Wrecking Amendment on Welfare Reform
UK Budget Forecasters Say They Have Been Too Upbeat, Posing a Risk for Reeves
Sterling Firms to Three-Year Peak, Focus on Welfare Bill Vote
UK Migrant Arrivals on Small Boats Hit New Record
Date: July 1, 2025
LONDON (Reuters) -Nearly 20,000 asylum seekers have arrived in Britain on small boats so far in 2025, a record high for the first six months of the year, adding pressure on Prime Minister Keir Starmer...
UK Shares Gain With Focus on Corporate Updates
Date: July 1, 2025
(Reuters) -London's main stock indexes edged lower on Tuesday, with last week's relief rally driven by the Israel-Iran truce coming to an end, as investors assessed a mixed bag of company news. The...
UK Factory Downturn Shows Signs of Easing, Morale Ticks Up, PMI Shows
Date: July 1, 2025
LONDON (Reuters) -Britain's manufacturing sector showed some signs of turning a corner in its long slump and businesses pushed up their prices in June to offset higher labour costs, according to a...
UK Clears $5 Billion Aviva-Direct Line Deal, Forming Britain's Top Home and Motor Insurer
Date: July 1, 2025
(Reuters) -Britain's competition watchdog cleared Aviva's 3.7-billion-pound ($5.08 billion) takeover of smaller rival Direct Line on Tuesday, paving the way for the creation of Britain's largest home...
BoE's Bailey Stresses Weakening Labour Market, Hit to Economy From Uncertainty
Date: July 1, 2025
LONDON (Reuters) -Bank of England Governor Andrew Bailey on Tuesday highlighted Britain's softening labour market and said rising uncertainty in the global economy had "definitely" hurt economic...
UK Energy Bills May Rise as Regulator Approves 24 Billion Pound Network Upgrade
Date: July 1, 2025
(Reuters) -British energy regulator Ofgem on Tuesday said it has given a provisional approval for an initial 24 billion pounds ($32.98 billion) investment programme to boost energy security and...