uk-economy

Image for UK house prices rise 3.5% y/y in May, Nationwide saysFinance

UK House Prices Rise 3.5% Y/y in May, Nationwide Says

Image for Trade war, labour costs herald weakest UK outlook since 2022, CBI saysHeadlines

Trade War, Labour Costs Herald Weakest UK Outlook Since 2022, Cbi Says

Image for High energy costs threaten UK manufacturing's future, industry warnsHeadlines

High Energy Costs Threaten UK Manufacturing's Future, Industry Warns

Image for BoE's Breeden sees loosening labour market and disinflation, Sunday Times reportsFinance

BoE's Breeden Sees Loosening Labour Market and Disinflation, Sunday Times Reports

Image for UK faces choice next week between health and other spending, IFS think tank warns

UK Faces Choice Next Week Between Health and Other Spending, Ifs Think Tank Warns

Date: May 31, 2025

By David Milliken LONDON (Reuters) -British finance minister Rachel Reeves' key decision in next week's multi-year spending review will be how much to spend on healthcare versus other public services,...

Image for Britain to build billion-pound weapons works as Starmer calls for war readiness

Britain to Build Billion-Pound Weapons Works as Starmer Calls for War Readiness

Date: May 31, 2025

MANCHESTER, England (Reuters) -Britain will build at least six new factories producing weapons and explosives as part of a major review of its defence capabilities, the government said on Saturday....

Image for NatWest's 16-year journey from crisis bailout to reprivatisation

NatWest's 16-year Journey From Crisis Bailout to Reprivatisation

Date: May 31, 2025

By Lawrence White LONDON (Reuters) -The bank formerly known as RBS was a symbol of pre-global financial crisis era excess when the sprawling lender, riddled with toxic assets, was bailed out by...

Image for Britain to spend an extra $2 billion on armed forces' housing

Britain to Spend an Extra $2 Billion on Armed Forces' Housing

Date: May 30, 2025

LONDON (Reuters) -Britain said on Saturday it would spend an extra 1.5 billion pounds ($2 billion) to tackle the poor state of housing for the country's armed forces, helping to support recruitment,...

Image for Britain offloads last NatWest stake after crisis-era rescue

Britain Offloads Last NatWest Stake After Crisis-Era Rescue

Date: May 30, 2025

LONDON (Reuters) - The British government said on Friday it had sold its remaining shares in NatWest Group, ending almost 17 years of public ownership. (Reporting by Michael Holden; Editing by Hugh...

Image for UK finance minister nominates budget watchdog chief for second term

UK Finance Minister Nominates Budget Watchdog Chief for Second Term

Date: May 30, 2025

LONDON (Reuters) -British finance minister Rachel Reeves said on Friday that she had nominated the chair of the Office for Budget Responsibility Richard Hughes to serve a second five-year term. The...