UK economy

Image for Britain’s broken egg industry shows the price of food inflation
Top Stories

Britain’s broken egg industry shows the price of food inflation

By James Davey LONDON (Reuters) – In Britain, the damage wrought by rampant inflation can be seen in...

19th December, 2022

Image for Bank of England raises rates to 3.5%, says inflation has peaked
Top Stories

Bank of England raises rates to 3.5%, says inflation has peaked

(This Dec. 15 story has been corrected to change Robert Dishner’s location to London from Chicago in...

16th December, 2022

Image for BoE raises rates again as investors look towards end of hikes
Top Stories

BoE raises rates again as investors look towards end of hikes

By David Milliken and Farouq Suleiman LONDON (Reuters) – The Bank of England raised its key interest...

15th December, 2022

Image for UK retailer Currys warns on profit as Nordic chill sweeps in
Top Stories

UK retailer Currys warns on profit as Nordic chill sweeps in

By Aby Jose Koilparambil (Reuters) -British electricals retailer Currys cut its full-year profit for...

15th December, 2022

Image for Sterling holds firm after UK jobs data muddies rate outlook
Finance

Sterling holds firm after UK jobs data muddies rate outlook

By Amanda Cooper LONDON (Reuters) – The pound held broadly steady on Tuesday, as gains following UK...

13th December, 2022

Image for UK jobless rate rises again but pay growth will keep Bank of England on edge
Top Stories

UK jobless rate rises again but pay growth will keep Bank of England on edge

LONDON (Reuters) -Britain’s unemployment rate rose for a second month in a row and there were other...

13th December, 2022

Image for London stocks slip ahead of key interest rate decisions
Top Stories

London stocks slip ahead of key interest rate decisions

By Johann M Cherian and Shristi Achar A (Reuters) – British shares closed lower on Monday, with inve...

12th December, 2022

Image for Britain braces for winter of strike action as nurses walk out
Top Stories

Britain braces for winter of strike action as nurses walk out

By Sarah Young LONDON (Reuters) – British nurses will go on strike this week, hitting already stretc...

12th December, 2022

Image for UK lenders see 23% slide in mortgages for home-buyers in 2023
Top Stories

UK lenders see 23% slide in mortgages for home-buyers in 2023

By David Milliken LONDON (Reuters) – British banks and building societies expect to lend 23% less to...

12th December, 2022

Image for UK manufacturers expect output to fall 3.2% in 2023
Top Stories

UK manufacturers expect output to fall 3.2% in 2023

By David Milliken LONDON (Reuters) – British manufacturers expect output to fall by 3.2% next year a...

12th December, 2022

Image for UK card spending shows pre-Christmas pick-up: ONS
Top Stories

UK card spending shows pre-Christmas pick-up: ONS

By David Milliken LONDON (Reuters) -British consumer spending picked up in early December, in line w...

8th December, 2022

Image for UK airports face Christmas disruption as border staff to strike
Top Stories

UK airports face Christmas disruption as border staff to strike

LONDON (Reuters) -Border Force workers at several major British airports including the country’s bus...

8th December, 2022