uk-economy
Britain's Metro Bank Sells 584 Million Pounds Unsecured Personal Loan Book
UK Retail Could Shed 160,000 Part-Time Jobs After Employer Tax Increase, Says Trade Body
Britain Needs Huge Switch to EVs, Heat Pumps and to Eat Less Meat to Hit Net Zero
UK's Reeves: 'All of Us Must Step Up' Defence Spending
UK Rules Out Trade Deals Which Undercut Food Standards
Date: February 25, 2025
LONDON (Reuters) - Britain will not sign trade deals with potential suppliers such as the U.S. that open the way for food imports that are produced in a way that would be illegal for the country's...
UK to Target 3% of GDP for Defence Spending, to Cut Aid Budget
Date: February 25, 2025
LONDON (Reuters) - Britain will aim to spend 3% of its GDP on defence in the next parliament, due to begin in 2029, and will help to fund that increased spending by cutting its aid budget, Prime...
UK's Starmer Boosts Defence Spending on Eve of Washington Trip
Date: February 25, 2025
LONDON (Reuters) - British defence spending will reach 2.5% of GDP by 2027, Prime Minister Keir Starmer said on Tuesday, setting out the country's biggest sustained increase in its defence budget...
Sterling Steady Before Bank of England Economist Remarks
Date: February 25, 2025
LONDON (Reuters) - The pound held just shy of a two-month high against the dollar on Tuesday, and was little changed against the euro in fairly calm trading as markets looked to remarks from the Bank...
UK Home Prices to Rise 3.5% This Year, Bank of England to Continue Cutting Bank Rate: Reuters Poll
Date: February 25, 2025
By Jonathan Cable and Shaloo Shrivastava LONDON/BENGALURU (Reuters) - British home prices will rise faster than previously expected this year, but the increase will be outpaced by surging rental costs...
Russia Says Latest UK Sanctions 'illegitimate'
Date: February 25, 2025
LONDON (Reuters) - Russia's embassy in London said Britain's new package of sanctions against Russia over its invasion of Ukraine was "illegitimate" and many of those targeted had no connection to the...