UK economy

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Image for UK’s National Grid to sell electricity system operator in $827 million deal
Business

UK’s National Grid to sell electricity system operator in $827 million deal

(Reuters) -Britain’s National Grid said on Friday it had agreed to sell its Electricity System Opera...

13th September, 2024

Image for Bank of England eyes growth with lighter bank capital reforms for UK lenders
Banking

Bank of England eyes growth with lighter bank capital reforms for UK lenders

By Sinead Cruise LONDON (Reuters) -The Bank of England aims to roll out revised new rules on how muc...

12th September, 2024

Image for Services’ grip on UK economy tightens as manufacturing share ebbs further
Business

Services’ grip on UK economy tightens as manufacturing share ebbs further

By Andy Bruce (Reuters) – Britain’s shift towards a services-dominated economy is accelerating, push...

11th September, 2024

Image for FTSE 100 falls on healthcare, energy weakness; cooling wage growth fuels rate cut bets
Trading

FTSE 100 falls on healthcare, energy weakness; cooling wage growth fuels rate cut bets

By Khushi Singh and Purvi Agarwal (Reuters) -London’s FTSE 100 ended lower on Tuesday, led by a sell...

11th September, 2024

Image for Sterling edges up versus dollar and euro after UK data
Trading

Sterling edges up versus dollar and euro after UK data

By Stefano Rebaudo (Reuters) – Sterling edged up versus the dollar and the euro on Tuesday after UK...

10th September, 2024

Image for Morning bid: China gloom overshadows Wall Street-led rebound
Investing

Morning bid: China gloom overshadows Wall Street-led rebound

A look at the day ahead in European and global markets from Rae Wee The rebound in global share mark...

10th September, 2024

Image for UK pay growth cools, keeping BoE on track for another rate cut
Business

UK pay growth cools, keeping BoE on track for another rate cut

By Andy Bruce and Suban Abdulla LONDON (Reuters) -British pay growth cooled in the three months to J...

10th September, 2024

Image for Aldi UK says shoppers trading up as inflation eases
Top Stories

Aldi UK says shoppers trading up as inflation eases

By Paul Sandle LONDON (Reuters) -Supermarket group Aldi UK said its prices this summer were on avera...

9th September, 2024

Image for FTSE 100 clocks weekly decline; personal goods shares biggest drag
Finance

FTSE 100 clocks weekly decline; personal goods shares biggest drag

By Khushi Singh (Reuters) -UK’s main stock index ended lower on Friday, dragged down by personal goo...

6th September, 2024

Image for Analysis-Sterling’s stunning rally keeps twitchy currency markets on edge
Finance

Analysis-Sterling’s stunning rally keeps twitchy currency markets on edge

By Naomi Rovnick LONDON (Reuters) – Sterling has hit roughly 2-1/2 years highs against the dollar an...

29th August, 2024

Image for US dollar weakens, sterling hits more two-year high
Trading

US dollar weakens, sterling hits more two-year high

By Alun John and Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) -Sterling climbed to its highest...

27th August, 2024

Image for UK shop prices dip for first time in nearly 3 years, survey shows
Business

UK shop prices dip for first time in nearly 3 years, survey shows

(Reuters) – British shop prices fell in annual terms this month for the first time since October 202...

27th August, 2024