UK economy

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Image for UK’s National Grid to invest up to $44 billion in transmission business
Business

UK’s National Grid to invest up to $44 billion in transmission business

(Reuters) – Britain’s National Grid said on Wednesday it would invest up to 35 billion pounds ($44.4...

18th December, 2024

Image for UK inflation hits 8-month high but underlying pressures steady
Top Stories

UK inflation hits 8-month high but underlying pressures steady

By William Schomberg and David Milliken LONDON (Reuters) -British inflation hit an eight-month high...

18th December, 2024

Image for London’s Heathrow to invest nearly $3 billion to upgrade airport
Top Stories

London’s Heathrow to invest nearly $3 billion to upgrade airport

(Reuters) -Heathrow said on Wednesday it planned to invest 2.3 billion pounds ($2.92 billion) over t...

18th December, 2024

Image for UK employers hold pay deals at 4% before expected fall in 2025, survey shows
Finance

UK employers hold pay deals at 4% before expected fall in 2025, survey shows

(Reuters) – Pay deals awarded by British employers were steady in the three months to November and a...

18th December, 2024

Image for UK’s FTSE 100 hits three-week low after strong pay data; Bunzl slumps
Investing

UK’s FTSE 100 hits three-week low after strong pay data; Bunzl slumps

(Reuters) – Britain’s FTSE 100 dropped to a three-week low on Tuesday after domestic data showing st...

18th December, 2024

Image for Sterling gets a lift from hotter UK wage growth
Investing

Sterling gets a lift from hotter UK wage growth

By Amanda Cooper LONDON (Reuters) – The pound rose on Tuesday, supported by data that showed UK wage...

17th December, 2024

Image for UK’s Capita flags up to 140 million pound cash outflow in 2024, shares fall
Top Stories

UK’s Capita flags up to 140 million pound cash outflow in 2024, shares fall

(Reuters) – British outsourcing group Capita on Tuesday flagged a free cash outflow of 120 million p...

17th December, 2024

Image for UK pay growth speeds up, adding to worries for Bank of England
Banking

UK pay growth speeds up, adding to worries for Bank of England

By William Schomberg and Suban Abdulla LONDON (Reuters) -British pay rose by more than expected in t...

17th December, 2024

Image for Olympics-UK Sport to pump $418 million into sports for LA 2028 Games
Top Stories

Olympics-UK Sport to pump $418 million into sports for LA 2028 Games

(Reuters) – UK Sport said it will invest 330 million pounds ($418 million) in Olympic and Paralympic...

17th December, 2024

Image for UK hands water customers bigger payouts for service failures
Top Stories

UK hands water customers bigger payouts for service failures

LONDON (Reuters) – Britain said it was increasing compensation payments for customers whose water su...

17th December, 2024

Image for UK stocks start policy decision week lower; Entain falls
Investing

UK stocks start policy decision week lower; Entain falls

(Reuters) -Britain’s FTSE 100 index slipped on Monday, with Entain dropping after Australia’s financ...

17th December, 2024

Image for Britain to publish economic and fiscal forecasts on March 26
Finance

Britain to publish economic and fiscal forecasts on March 26

LONDON (Reuters) – Britain will publish its next set of economic and fiscal forecasts from the Offic...

16th December, 2024