uk-economy
Britain Pledges to Deliver 100,000 Drones to Ukraine by April 2026
UK's Reeves Approves $21 Billion of Public Transport Projects Outside London
Tesla's UK Car Sales Drop Over 45% in May, New AutoMotive Early Data Shows
Britain Has 12 Days to Save Bioethanol Industry, Says Ab Foods
UK Utility Pennon Swings to Pretax Annual Loss on Investment Costs
Date: June 3, 2025
(Reuters) -British water utility Pennon Group swung to an annual pretax loss on Tuesday, hurt by costs associated with the Brixham water supply incident and higher investments to upgrade its...
BoE's Bailey Sticks With 'careful' Rate Cut View as Uncertainty Deepens
Date: June 3, 2025
(Reuters) -Bank of England Governor Andrew Bailey said on Tuesday he was sticking with a "gradual and careful" approach to cutting interest rates as global trade policy turmoil increasingly clouds the...
Sterling Tiptoes Lower; 40-year Gilt Auction, BoE Speakers in Focus
Date: June 3, 2025
LONDON (Reuters) -The pound trod water on Tuesday, holding mostly steady against the dollar and the euro, ahead of a raft of Bank of England speakers and an auction of long-dated government bonds that...
BoE's Bailey Sees Rate Path Shrouded Increasingly by Uncertainty
Date: June 3, 2025
LONDON (Reuters) -Bank of England Governor Andrew Bailey said the path for interest rates was now shrouded in more uncertainty than before because of global trade policy turmoil. "I think the path...
UK's FTSE 100 Ends Higher on Energy, Defence Boost
Date: June 3, 2025
(Reuters) -Britain's main indexes fell on Tuesday, pressured by mining and financial stocks, with investors growing cautious over unpredictable U.S. trade policies, dampening market sentiment. As of...
BoE's Breeden Saw Case for May Rate Cut Even Without Trade Turmoil
Date: June 3, 2025
(Reuters) -Bank of England Deputy Governor Sarah Breeden said on Tuesday that she saw a case for cutting interest rates last month even without the impact of trade policy uncertainty on the global...