uk-economy
InvestingUK’s FTSE 100 Logs Biggest Weekly Gain in 5 Weeks
InvestingUK’s FTSE 100 Little Changed After Holiday Break; Indexes Set for Weekly Gains
FinanceLondon Stocks Gain on Christmas Eve, Vistry Falls on Profit Warning
BusinessUK Seeks Industry Views on Electric Vehicle Sales Targets After Backlash
Sterling Edges up in Holiday-Thinned Trading
Date: December 24, 2024
By Amanda Cooper LONDON (Reuters) – The British pound strengthened modestly in a holiday-shortened trading session on Tuesday, but could face a more uncertain path next year as global monetary policy diverges, analysts said. Sterling was last up 0.1% at $1.2544, set for a 1.6% loss in December, marking a third successive monthly loss. Against...
London Stocks Rise in Holiday-Shortened Session; Vistry Drops on Profit Warning
Date: December 24, 2024
(Reuters) – The UK’s benchmark FTSE 100 extended gains on Tuesday in thin trading volumes ahead of a Christmas break, while Vistry dropped after it warned on its fiscal 2024 profit. The blue-chip FTSE 100 was up 0.4%, while the midcap FTSE 250 was up 0.4% at 0934 GMT. Among sectors, the automobiles and parts...
UK’s FTSE 100 Starts Holiday-Shortened Week Higher
Date: December 24, 2024
(Reuters) -Britain’s benchmark FTSE 100 kicked off a holiday-shortened week on a higher note on Monday, while investors analysed data that showed the British economy flat-lined in the third quarter of the year. The export-oriented FTSE 100 was up 0.2% after logging its worst week in more than a year on Friday. The domestically focused...
Sterling Struggles to Regain Steam Against Dollar
Date: December 23, 2024
By Greta Rosen Fondahn (Reuters) – Sterling looked lacklustre against the dollar on Monday as a survey reported a decline in domestic UK business confidence and traders digested a recent Federal Reserve-induced rally in the greenback. British business confidence fell to its lowest level of 2024 in December, although employers were a bit more optimistic...
Sterling Struggles to Regain Steam Against Dollar
Date: December 23, 2024
By Greta Rosen Fondahn (Reuters) – Sterling looked lacklustre against the dollar on Monday as a survey reported a decline in domestic UK business confidence and traders digested a recent Federal Reserve-induced rally in the greenback. British business confidence fell to its lowest level of 2024 in December, although employers were a bit more optimistic...
UK Economy Flat-Lined in Q3 in New Setback for Government
Date: December 23, 2024
LONDON (Reuters) -British economic output failed to grow in the third quarter, official figures showed, adding to the signs of a slowdown at the start of the government of British Prime Minister Keir Starmer. The Office for National Statistics on Monday lowered its estimate for the change in gross domestic product output to 0.0% in...