uk-economy
FinanceUK's Mj Gleeson Flags Profit Dip for Low-Cost Housebuilding Unit
HeadlinesUK's Chemring Posts Record Order Book on Geopolitical Risks
UK Needs Tough Action on Government Budget Policy, OECD Warns
US Skips Hike in UK Steel and Aluminum Tariffs as Both Countries Eye Quick Trade Deal
Bank of England's Mann Says Qt Impact Needs to Be Reconsidered
Date: June 2, 2025
By David Milliken LONDON (Reuters) -The Bank of England needs to pay closer attention to the impact of its quantitative tightening programme on monetary and financial conditions now that it is cutting...
Man Convicted for Burning Koran Outside London's Turkish Consulate
Date: June 2, 2025
LONDON (Reuters) -A man who set fire to a copy of the Koran outside the Turkish consulate in London was found guilty on Monday of committing a religiously aggravated public order offence, in a verdict...
UK Mortgage Approvals Drop to Lowest in Over a Year After Tax Break Ends
Date: June 2, 2025
By David Milliken LONDON (Reuters) -The number of mortgages approved by British lenders for house purchase fell more than expected in April to their lowest in over a year as the market adjusted to...
UK's FTSE 100 Closes Around Flat as Staples, Healthcare Losses Eclipse Energy Gains
Date: June 2, 2025
(Reuters) -The FTSE 100 edged lower on Monday as market pessimism resurfaced due to fresh strains in global trade relations, following U.S. President Donald Trump's pledge to double steel and...
Sterling Firms With Focus on Defence Plan, Weaker Dollar
Date: June 2, 2025
By Johann M Cherian (Reuters) -Sterling had a firm start to the week on Monday, as investors assessed a domestic defence plan and a batch of better-than-expected British economic data, while simmering...
UK Factories Struggle as Trade Uncertainty, Higher Costs Hit, PMI Shows
Date: June 2, 2025
LONDON (Reuters) -The downturn in British manufacturing was less steep than first feared in May but output, orders and jobs continued to drop as companies cited recent tax hikes and U.S. President...