uk-economy

Image for RedBird Capital agrees deal to buy UK's TelegraphHeadlines

RedBird Capital Agrees Deal to Buy UK's Telegraph

Image for Energy bills to fall for millions of Britons as price cap drops 7%Headlines

Energy Bills to Fall for Millions of Britons as Price Cap Drops 7%

Image for UK consumers turn a little less gloomy in May, GfK survey showsFinance

UK Consumers Turn a Little Less Gloomy in May, GfK Survey Shows

Image for UK gives above-inflation pay rises again to public sector workersHeadlines

UK Gives Above-Inflation Pay Rises Again to Public Sector Workers

Image for London stocks slip as US fiscal worries, UK budget deficit weigh on sentiment

London Stocks Slip as US Fiscal Worries, UK Budget Deficit Weigh on Sentiment

Date: May 22, 2025

(Reuters) -London equities fell on Thursday in broad-based declines as concerns over a deteriorating fiscal outlook in the U.S. and higher-than-expected UK government budget deficit dampened investor...

Image for Tesco's UK boss Matthew Barnes steps down after 15 months

Tesco's UK Boss Matthew Barnes Steps Down After 15 Months

Date: May 22, 2025

(Reuters) -Tesco, Britain's biggest supermarket group, on Thursday named its current chief commercial officer Ashwin Prasad as the new chief executive of Tesco UK, replacing Matthew Barnes. (Reporting...

Image for Pound holds near three-year high on trade optimism

Pound Holds Near Three-Year High on Trade Optimism

Date: May 22, 2025

By Samuel Indyk LONDON (Reuters) -The British pound dipped slightly against the dollar but remained close to its highest level since 2022 reached the day before as hot inflation and improving...

Image for UK factory woes deepen in May as new orders ebb, CBI survey shows

UK Factory Woes Deepen in May as New Orders Ebb, Cbi Survey Shows

Date: May 22, 2025

LONDON (Reuters) -British manufacturers suffered a sharp contraction in orders and output this month, the Confederation of British Industry said, chiming with another closely-watched business survey...

Image for UK net migration halves in 2024 after visa rule changes

UK Net Migration Halves in 2024 After Visa Rule Changes

Date: May 22, 2025

LONDON (Reuters) -Long-term net migration to Britain fell to 431,000 in 2024, down by almost a half compared to a year earlier, the Office for National Statistics said on Thursday. "This change is...

Image for UK business downturn eases despite worsening factory woes, PMI shows

UK Business Downturn Eases Despite Worsening Factory Woes, PMI Shows

Date: May 22, 2025

By Andy Bruce MANCHESTER, England (Reuters) -A downturn for British firms eased in May despite a darkening picture for manufacturers who cut jobs at one of the fastest rates since the global financial...