uk-economy
InvestingFTSE 100 Set for Weekly Losses on Mixed Earnings, Budget Anticipation
TradingSterling Set for Biggest Four-Week Drop in a Year Before UK Budget
BankingFTSE 100 Closes Higher on Earnings Boost
Top StoriesHarry Potter Publisher Bloomsbury Tracks Ahead of FY24-25 Expectations on Fantasy-Fiction Demand
UK Business Sentiment Weakest in Two Years Before Budget, Cbi Says
Date: October 24, 2024
LONDON (Reuters) – Sentiment among British manufacturing companies fell at the fastest pace in two years ahead of finance minister Rachel Reeves’ first budget next week, a survey showed on Thursday. The Confederation of British Industry’s measure of business sentiment dropped in the three months to October to -24% from -9% in the three months...
UK Business Sentiment Drops, Adding Pressure on Reeves Before Budget
Date: October 24, 2024
By Suban Abdulla LONDON (Reuters) -Optimism among British firms has sunk, according to two surveys published on Thursday, six days before finance minister Rachel Reeves tries to chart a way between raising taxes and boosting growth in the new government’s first budget. The preliminary S&P Global Flash Composite Purchasing Managers’ Index for October showed confidence...
Britain’s John Lewis Optimistic on Christmas Trading Outlook
Date: October 24, 2024
By James Davey LONDON (Reuters) -British department store retailer John Lewis is “quietly optimistic” about trading in the run-up to Christmas despite the prospect of the new Labour government announcing tax rises in next week’s budget, its boss said on Thursday. The John Lewis department store business is part of the employee-owned John Lewis Partnership...
Bank of England’s Mann Says Fall in Inflation Pressure Has Long Way to Go
Date: October 24, 2024
WASHINGTON (Reuters) -Bank of England interest rate-setter Catherine Mann welcomed a recent fall in inflation in Britain but said the cooling of price growth still had “a long way to go” for the central bank to hit its 2% inflation target over the medium term. “Our headline price print … was lower than projected in...
IMF Says UK Should Shield Investment While Curbing Debt
Date: October 24, 2024
By David Lawder and David Milliken WASHINGTON (Reuters) -Britain should bring public debt under control in a way that preserves public investment, a top official at the International Monetary Fund said on Wednesday as finance minister Rachel Reeves prepares for her first budget next week. IMF Fiscal Affairs Director Vitor Gaspar said he welcomed...
One Step Closer to the British Consumers: Understanding the Needs of the UK Audience
Date: October 22, 2024
Expanding your business’ horizons is surely not easy because of market competition, and trying to adapt your brand to the needs of a new audience can be a challenge. The United Kingdom is a top choice for companies who want to target a dynamic market full of opportunities, and despite the challenges, it is indeed...