uk-economy
FinanceAnalysis-UK Economy Readings Underscore Bank of England's Dilemma
FinanceUK Firms Cut Staff Before Reeves' Tax Hike, PMI Survey Shows
FinanceBritish Equities Flat as Investors Weigh Mixed Data
FinanceUK Presents Plans for Subsidy Reform to Speed up Green Energy Projects
Sterling Stalls at Two-Month Highs After Pmi, Retail Sales
Date: February 21, 2025
LONDON (Reuters) - The pound edged up on Friday after data showed UK consumer spending picked up much more sharply than expected in January, but was weaker in the key shopping month of December than...
Four Banks Fined $132 Million for Sharing UK Bond Market Information
Date: February 21, 2025
UK's competition regulator has fined four global banks 104.5 million pounds ($132.4 million) for exchanging sensitive information about UK government bonds between 2009 and 2013. The Competition and...
UK Consumers Defy Weak Outlook to Ramp up Their Spending
Date: February 21, 2025
LONDON (Reuters) - British retail sales rose by a much higher than expected 1.7% in January, figures from the Office for National Statistics showed on Friday. Economists polled by Reuters had mostly...
UK's Reeves Faces Budget Pressure After January Tax Shortfall
Date: February 21, 2025
LONDON (Reuters) - Britain's government ran a budget surplus of 15.4 billion pounds ($19.5 billion) last month, official figures showed on Friday, below the 20 billion-pound surplus forecast in a...
UK Job Postings Rise, Easing Some Labour Market Gloom
Date: February 21, 2025
LONDON (Reuters) - The number of job postings in the United Kingdom rose for the first time in seven months in January, a survey showed on Friday, suggesting the country's jobs market might be...
Britons Cheer up a Bit, Helped by Bank of England Rate Cut, Survey Shows
Date: February 21, 2025
LONDON (Reuters) - British consumers turned a little less pessimistic this month as the Bank of England's latest interest rate cut led to an improvement in expectations for their household finances,...