uk-economy
UK PM Starmer's Authority Tested as Domestic Struggles Overshadow Summit Diplomacy
HeadlinesStruggling UK Stats Office to Split Leadership, Focus on Core Data
UK Midcaps Close at 10-month High With Focus on Earnings, Rate Path
Shell and Equinor Name Their UK Joint Venture Adura
Britain Shuns $34 Billion Morocco-UK Subsea Power Project
Date: June 26, 2025
LONDON (Reuters) -Britain on Thursday said it would not go ahead with a 25 billion pound ($34.39 billion) project to tap Moroccan renewable energy via what would have been the world's longest subsea...
Sterling Gains Against a Weaker Dollar Amid Fed Credibility Worries
Date: June 26, 2025
By Linda Pasquini (Reuters) -Sterling rose to its highest in nearly four years against the dollar on Thursday, as worries around the credibility of the U.S. Federal Reserve dragged the greenback lower...
Bank of England's Bailey Says Jobs Market Slowing but Inflation Outlook Uncertain
Date: June 26, 2025
LONDON (Reuters) -Bank of England Governor Andrew Bailey said on Thursday that a recent pickup in inflation created more uncertainty about the medium-term picture for price growth but he also noted...
UK Retail Sales Tumble in June and Worse Seen for July, Cbi Says
Date: June 26, 2025
LONDON (Reuters) -British retail sales slumped this month and expectations within the industry for July also deteriorated, a Confederation of British Industry survey showed on Thursday. The CBI's...
UK's Balfour Beatty Wins $1.14 Billion Contract for New Gas Power Plant
Date: June 26, 2025
(Reuters) -Britain's Balfour Beatty said on Thursday it won an 833 million pound ($1.14 billion) contract from French energy firm Technip Energies to help build a gas-fired electricity power plant in...
Ab Foods' Bioethanol Plant Set to Be Early Victim of US-UK Trade Deal
Date: June 26, 2025
(Reuters) -Associated British Foods said it would close its bioethanol plant in northern England if the government does not provide the funding to alleviate the impact of the U.S.-UK trade by the time...