uk-economy

Image for Britain's M&S gives store workers 5% pay riseFinance

Britain's M&s Gives Store Workers 5% Pay Rise

Image for UK services job cuts intensify before employment tax hike, PMI survey showsHeadlines

UK Services Job Cuts Intensify Before Employment Tax Hike, PMI Survey Shows

Image for Explainer-UK's Reeves working to get budget goals back on trackHeadlines

Explainer-UK's Reeves Working to Get Budget Goals Back on Track

Image for SIG sees recovery in second half of 2025 after 2024 profit slumps 53%Finance

Sig Sees Recovery in Second Half of 2025 After 2024 Profit Slumps 53%

Image for UK finance minister draws up welfare cuts to balance books, BBC reports

UK Finance Minister Draws up Welfare Cuts to Balance Books, BBC Reports

Date: March 5, 2025

LONDON (Reuters) - Britain's finance minister Rachel Reeves is planning several billions of pounds of cuts to welfare spending after her financial headroom was wiped out, and will put her proposals to...

Image for UK to place Iran on highest tier of foreign influence register

UK to Place Iran on Highest Tier of Foreign Influence Register

Date: March 4, 2025

LONDON (Reuters) - Britain will place the Iranian state, including its intelligence services and the Islamic Revolutionary Guard Corps, onto the highest tier of its upcoming Foreign Influence...

Image for Trump's tariffs pull FTSE 100 off record high

Trump's Tariffs Pull FTSE 100 Off Record High

Date: March 4, 2025

(Reuters) - UK shares tracked global equities lower on Tuesday, after the U.S. hit top trading partners with new tariffs, while falling oil prices weighed on shares of energy companies. The blue-chip...

Image for UK employment rights plan extends guaranteed hours to agency workers

UK Employment Rights Plan Extends Guaranteed Hours to Agency Workers

Date: March 4, 2025

LONDON (Reuters) - All British workers, including nearly a million agency workers, will be entitled to a contract which reflects the hours they regularly work, according to amendments tabled by the...

Image for UK aims to speed up defence contracts, finance minister says

UK Aims to Speed up Defence Contracts, Finance Minister Says

Date: March 4, 2025

LONDON (Reuters) - British finance minister Rachel Reeves wants to speed up the procurement of defence equipment, after the country announced plans to lift military spending following U.S. President...

Image for HSBC kicks off search for new UK CEO

HSBC Kicks Off Search for New UK CEO

Date: March 4, 2025

LONDON (Reuters) -HSBC has kicked off a process to find a new CEO for its UK business after appointing Ian Stuart to a newly created role in charge of customer engagement and culture, the bank said on...