uk-economy

Image for Bank of England readies rate cut and could hint at more to comeHeadlines

Bank of England Readies Rate Cut and Could Hint at More to Come

Image for UK vehicle output ends 2024 below one million units, industry data showsFinance

UK Vehicle Output Ends 2024 Below One Million Units, Industry Data Shows

Image for UK's Reeves budget rule outlook is "on a knife edge," think tank saysHeadlines

UK's Reeves Budget Rule Outlook Is "on a Knife Edge," Think Tank Says

Image for Banks seek 400-500 billion pounds range of reserves from BoE, Bailey saysFinance

Banks Seek 400-500 Billion Pounds Range of Reserves From BoE, Bailey Says

Image for Ryanair boss sceptical about new Heathrow runway, plans major UK investment

Ryanair Boss Sceptical About New Heathrow Runway, Plans Major UK Investment

Date: January 29, 2025

LONDON (Reuters) - Ryanair Chief Executive Michael O'Leary said Britain should focus on adding capacity at airports other than London's Heathrow and lowering passenger taxes as he laid out plans to...

Image for UK's Tesco to cut 400 jobs across stores and head office

UK's Tesco to Cut 400 Jobs Across Stores and Head Office

Date: January 29, 2025

LONDON (Reuters) -Britain's biggest supermarket group Tesco plans to cut about 400 jobs from stores and its head office, seeking efficiency savings so it can invest in the business, it said on...

Image for Factbox-How UK finance minister Reeves plans to clear the way for economic growth

Factbox-How UK Finance Minister Reeves Plans to Clear the Way for Economic Growth

Date: January 29, 2025

By Muvija M and Sam Tabahriti LONDON (Reuters) - British finance minister Rachel Reeves spelled out her plans to revive the country's slow-moving economy on Wednesday, adding to recent pledges to...

Image for UK's Princess Beatrice gives birth to second baby girl

UK's Princess Beatrice Gives Birth to Second Baby Girl

Date: January 29, 2025

LONDON (Reuters) - Britain's Princess Beatrice, King Charles' niece, has given birth to a baby girl, her second daughter and child with husband Edoardo Mapelli Mozzi, Buckingham Palace said on...

Image for London's FTSE 100 rise on tech, financials boost; pound slips

London's FTSE 100 Rise on Tech, Financials Boost; Pound Slips

Date: January 29, 2025

(Reuters) - The UK's main stock indexes rose on Wednesday boosted by gains in the automobiles and parts index, while the pound slipped after finance minister Rachel Reeves's dovish remarks on...

Image for Sterling edges down, UK's Reeves outlines growth plans

Sterling Edges Down, UK's Reeves Outlines Growth Plans

Date: January 29, 2025

By Greta Rosen Fondahn (Reuters) - The pound fell against the dollar on Wednesday, while British finance minister Rachel Reeves outlined plans for growth, and as currency investors shifted their focus...