UK economy

Image for BoE’s Bailey says rate-setters can put inflation before bank worries
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BoE’s Bailey says rate-setters can put inflation before bank worries

By William Schomberg and Andy Bruce LONDON/MANCHESTER (Reuters) -Bank of England Governor Andrew Bai...

28th March, 2023

Image for UK oil, gas firms to leave year’s worth of output in ground with tax hikes-report
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UK oil, gas firms to leave year’s worth of output in ground with tax hikes-report

LONDON (Reuters) – Windfall taxes mean oil and gas producers in the British North Sea will likely le...

28th March, 2023

Image for UK retailers turn positive on sales hopes after bleak winter
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UK retailers turn positive on sales hopes after bleak winter

LONDON (Reuters) – British retailers reported their first positive sales expectations in seven month...

27th March, 2023

Image for Dollar outshines euro, sterling amid European bank jitters
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Dollar outshines euro, sterling amid European bank jitters

By Hannah Lang WASHINGTON (Reuters) – The euro and sterling fell sharply against a strengthening dol...

24th March, 2023

Image for UK’s J D Wetherspoon returns to profit as supply issues ease
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UK’s J D Wetherspoon returns to profit as supply issues ease

(Reuters) -British pub group J D Wetherspoon Plc on Friday posted a return to half-year profit and s...

24th March, 2023

Image for UK consumer mood hits one-year high, but financial gloom persists
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UK consumer mood hits one-year high, but financial gloom persists

(Reuters) – British consumer confidence rose this month to its highest level in a year, helped by im...

24th March, 2023

Image for UK inflation rate unexpectedly rises to 10.4% in February
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UK inflation rate unexpectedly rises to 10.4% in February

By William Schomberg and David Milliken LONDON (Reuters) – British inflation unexpectedly rose to 10...

22nd March, 2023

Image for UK employers see slight fall in pay awards over 2023 – XpertHR
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UK employers see slight fall in pay awards over 2023 – XpertHR

By Suban Abdulla LONDON (Reuters) – British employers expect pay settlements over 2023 as a whole to...

22nd March, 2023

Image for Energy bill support pushes UK budget deficit to February record
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Energy bill support pushes UK budget deficit to February record

By Andy Bruce and Sachin Ravikumar LONDON (Reuters) -Britain recorded the largest budget deficit for...

21st March, 2023

Image for 70% of UK Gig Workers are Denied Access to Financial Services – a catalyst for change
Business

70% of UK Gig Workers are Denied Access to Financial Services – a catalyst for change

By Ali Hamriti, CEO and Co-Founder at Rollee Independent workers are a swiftly growing group of empl...

20th March, 2023

Image for Sterling rises as receding bank sector worries lift sentiment
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Sterling rises as receding bank sector worries lift sentiment

LONDON (Reuters) – Sterling rose against the dollar on Friday, after a series of lifelines for strug...

17th March, 2023

Image for UK drops plan to tax sovereign wealth funds
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UK drops plan to tax sovereign wealth funds

LONDON (Reuters) – British finance minister Jeremy Hunt has dropped a plan to tax sovereign wealth f...

17th March, 2023