UK economy

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Image for UK midcap shares dragged lower by CMC Markets
Trading

UK midcap shares dragged lower by CMC Markets

By Sruthi Shankar (Reuters) – The UK’s midcap index fell to its lowest in three months on Thursday a...

21st November, 2024

Image for Sterling sags as ‘Trump bump’ lifts dollar
Investing

Sterling sags as ‘Trump bump’ lifts dollar

By Amanda Cooper LONDON (Reuters) – The pound eased modestly against the dollar, which held firm on...

21st November, 2024

Image for UK borrows higher-than-expected 17.4 billion pounds in October
Top Stories

UK borrows higher-than-expected 17.4 billion pounds in October

LONDON (Reuters) -Britain borrowed more than expected in October, according to official data that sh...

21st November, 2024

Image for Royal Mail owner IDS returns to profit but warns on cost environment
Business

Royal Mail owner IDS returns to profit but warns on cost environment

(Reuters) -International Distribution Services reported a first-half adjusted operating profit on Th...

21st November, 2024

Image for UK pay growth steady but firms see higher costs ahead, Brightmine says
Top Stories

UK pay growth steady but firms see higher costs ahead, Brightmine says

LONDON (Reuters) – Growth in pay awards by British employers held steady in the three months to Octo...

21st November, 2024

Image for Nissan Motor urges UK to ease EV targets amid weak demand
Business

Nissan Motor urges UK to ease EV targets amid weak demand

(Reuters) – Nissan Motor urged the UK government on Wednesday to ease up its electric vehicle mandat...

21st November, 2024

Image for UK inflation jumps to 2.3%, underscoring BoE’s stance for gradual rate cuts
Finance

UK inflation jumps to 2.3%, underscoring BoE’s stance for gradual rate cuts

By William Schomberg and David Milliken LONDON (Reuters) -British inflation jumped by more than expe...

20th November, 2024

Image for UK inflation could undershoot forecasts, requiring faster rate cuts, BoE’s Ramsden says
Finance

UK inflation could undershoot forecasts, requiring faster rate cuts, BoE’s Ramsden says

By David Milliken LONDON (Reuters) – British inflation is at least as likely to undershoot the Bank...

20th November, 2024

Image for UK house prices rise at fastest pace since Feb 2023, ONS says
Top Stories

UK house prices rise at fastest pace since Feb 2023, ONS says

LONDON (Reuters) – British house prices rose at the fastest pace since February 2023 in the 12 month...

20th November, 2024

Image for London stocks subdued after hot inflation data; Sage soars
Trading

London stocks subdued after hot inflation data; Sage soars

(Reuters) – UK’s FTSE indexes were subdued on Wednesday, as hotter-than-expected inflation data temp...

20th November, 2024

Image for Sterling jumps after data shows UK inflation tops 2%
Investing

Sterling jumps after data shows UK inflation tops 2%

By Amanda Cooper LONDON (Reuters) -Sterling jumped on Wednesday after data showed UK consumer inflat...

20th November, 2024

Image for UK energy regulator eyes up to $10.2 billion fund to aid green targets
Top Stories

UK energy regulator eyes up to $10.2 billion fund to aid green targets

(Reuters) -Britain’s energy regulator Ofgem said on Wednesday it had begun consultations over a new...

20th November, 2024