UK economy

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Image for Stocks slip as investors weigh US election risk, earnings
Investing

Stocks slip as investors weigh US election risk, earnings

By Tom Wilson LONDON (Reuters) – Shares globally slipped on Wednesday as the investors stayed wary a...

30th October, 2024

Image for UK’s Reeves announces rise in capital gains tax for most assets
Finance

UK’s Reeves announces rise in capital gains tax for most assets

By Alistair Smout LONDON (Reuters) – British finance minister Rachel Reeves on Wednesday said capita...

30th October, 2024

Image for UK’s Reeves raises employers’ National Insurance Contributions
Business

UK’s Reeves raises employers’ National Insurance Contributions

LONDON (Reuters) – Finance minister Rachel Reeves said on Wednesday she would raise employers’ socia...

30th October, 2024

Image for UK economy forecast to grow 2.0% in 2025, finance minister says
Finance

UK economy forecast to grow 2.0% in 2025, finance minister says

LONDON (Reuters) – Britain’s economy is forecast to grow by 2.0% next year, finance minister Rachel...

30th October, 2024

Image for Sterling falls ahead of UK budget, while volatility gauge jumps
Trading

Sterling falls ahead of UK budget, while volatility gauge jumps

By Harry Robertson LONDON (Reuters) -The pound fell on Wednesday as British bond yields dropped ahea...

30th October, 2024

Image for UK retailer Next expects to join 1 billion pound profit club
Business

UK retailer Next expects to join 1 billion pound profit club

By James Davey LONDON (Reuters) -Next said on Wednesday it expected to report annual profit in exces...

30th October, 2024

Image for Sterling traders race to hedge risk ahead of UK budget, US election
Investing

Sterling traders race to hedge risk ahead of UK budget, US election

LONDON (Reuters) – Sterling traders rushed to hedge against big price moves on Wednesday, with just...

30th October, 2024

Image for Morning Bid: From GDP data to tech earnings, a lot to chew on
Trading

Morning Bid: From GDP data to tech earnings, a lot to chew on

A look at the day ahead in European and global markets from Rae Wee Investors will have a full calen...

30th October, 2024

Image for UK raises minimum wage by 6.7% in boost for workers, despite employer unease
Banking

UK raises minimum wage by 6.7% in boost for workers, despite employer unease

By Andy Bruce (Reuters) – Britain’s minimum wage for most adults will increase by 6.7% from April ne...

30th October, 2024

Image for Santander CEO says more than 1,400 UK bank jobs being cut
Banking

Santander CEO says more than 1,400 UK bank jobs being cut

MADRID (Reuters) – Santander will have cut more than 1,400 jobs from its British business by the tim...

29th October, 2024

Image for UK median full-time pay rises 6.9% to 37,430 pounds, ONS says
Trading

UK median full-time pay rises 6.9% to 37,430 pounds, ONS says

LONDON (Reuters) – The median full-time annual salary in the United Kingdom reached 37,430 pounds ($...

29th October, 2024

Image for UK mortgage approvals hit highest since before 2022 ‘mini-budget’
Finance

UK mortgage approvals hit highest since before 2022 ‘mini-budget’

LONDON (Reuters) -British lenders approved 65,647 mortgages in September, the Bank of England said o...

29th October, 2024