UK economy

Latest articles

Image for UK's Heathrow Airport says slowing growth shows need for new runway
Finance

UK's Heathrow Airport says slowing growth shows need for new runway

By Sarah Young LONDON (Reuters) - Britain's Heathrow Airport forecast slower passenger growth in 202...

26th February, 2025

Image for UK energy regulator opens bidding for electricity transmission links worth $5 billion
Finance

UK energy regulator opens bidding for electricity transmission links worth $5 billion

(Reuters) - British energy regulator Ofgem said on Wednesday it is inviting bids from investors to o...

26th February, 2025

Image for UK's Heathrow profits jump on record passenger numbers
Finance

UK's Heathrow profits jump on record passenger numbers

LONDON (Reuters) - Britain's Heathrow Airport reported a jump in annual profit after passenger numbe...

26th February, 2025

Image for Britain's Metro Bank sells 584 million pounds unsecured personal loan book
Finance

Britain's Metro Bank sells 584 million pounds unsecured personal loan book

(Reuters) -British lender Metro Bank on Wednesday said it has signed an agreement to sell a portfoli...

26th February, 2025

Image for UK retail could shed 160,000 part-time jobs after employer tax increase, says trade body
Headlines

UK retail could shed 160,000 part-time jobs after employer tax increase, says trade body

LONDON (Reuters) - Up to 160,000 part-time retail jobs in Britain are at risk of being lost over the...

26th February, 2025

Image for Britain needs huge switch to EVs, heat pumps and to eat less meat to hit net zero
Headlines

Britain needs huge switch to EVs, heat pumps and to eat less meat to hit net zero

By Susanna Twidale LONDON (Reuters) - Britain must end its reliance on fossil fuels, switch to elect...

26th February, 2025

Image for UK's Reeves: 'All of us must step up' defence spending
Headlines

UK's Reeves: 'All of us must step up' defence spending

LONDON (Reuters) - British Finance Minister Rachel Reeves said on Tuesday that other European nation...

25th February, 2025

Image for UK rules out trade deals which undercut food standards
Headlines

UK rules out trade deals which undercut food standards

LONDON (Reuters) - Britain will not sign trade deals with potential suppliers such as the U.S. that...

25th February, 2025

Image for UK to target 3% of GDP for defence spending, to cut aid budget
Headlines

UK to target 3% of GDP for defence spending, to cut aid budget

LONDON (Reuters) - Britain will aim to spend 3% of its GDP on defence in the next parliament, due to...

25th February, 2025

Image for UK's Starmer boosts defence spending on eve of Washington trip
Headlines

UK's Starmer boosts defence spending on eve of Washington trip

LONDON (Reuters) - British defence spending will reach 2.5% of GDP by 2027, Prime Minister Keir Star...

25th February, 2025

Image for Sterling steady before Bank of England economist remarks
Finance

Sterling steady before Bank of England economist remarks

LONDON (Reuters) - The pound held just shy of a two-month high against the dollar on Tuesday, and wa...

25th February, 2025

Image for UK home prices to rise 3.5% this year, Bank of England to continue cutting Bank Rate: Reuters poll 
Finance

UK home prices to rise 3.5% this year, Bank of England to continue cutting Bank Rate: Reuters poll 

By Jonathan Cable and Shaloo Shrivastava LONDON/BENGALURU (Reuters) - British home prices will rise...

25th February, 2025