UK economy

Image for FTSE 100 cuts losses after massive BoE rate hike
Investing

FTSE 100 cuts losses after massive BoE rate hike

By Johann M Cherian (Reuters) – UK’s exporter heavy FTSE 100 index pared losses on Thursday, as the...

3rd November, 2022

Image for Sterling drops as BoE hikes interest rates but diverges from Fed
Investing

Sterling drops as BoE hikes interest rates but diverges from Fed

By Harry Robertson LONDON (Reuters) – Sterling fell sharply on Thursday as the Bank of England (BoE)...

3rd November, 2022

Image for Bank of England makes historic rate hike despite ‘very challenging’ outlook
Banking

Bank of England makes historic rate hike despite ‘very challenging’ outlook

By David Milliken and Andy Bruce LONDON, Nov 3 (Reuters) – The Bank of England raised interest rates...

3rd November, 2022

Image for Britain’s Rolls-Royce sticks to guidance despite inflation headwinds
Top Stories

Britain’s Rolls-Royce sticks to guidance despite inflation headwinds

By Sarah Young LONDON (Reuters) -British engineering company Rolls-Royce stuck to its forecasts for...

3rd November, 2022

Image for Cyclicals, BAT drag FTSE 100 lower ahead of Fed decision
Top Stories

Cyclicals, BAT drag FTSE 100 lower ahead of Fed decision

By Johann M Cherian and Sruthi Shankar (Reuters) – UK’s FTSE 100 index slipped on Wednesday, weighed...

3rd November, 2022

Image for UK considering delay to Northern Ireland elections, Ireland minister says
Top Stories

UK considering delay to Northern Ireland elections, Ireland minister says

By Amanda Ferguson BELFAST (Reuters) -The UK government could change the law to delay elections in N...

3rd November, 2022

Image for Tesco wins appeal in trademark fight with Lidl in UK court
Top Stories

Tesco wins appeal in trademark fight with Lidl in UK court

By Sam Tobin (Reuters) – Britain’s biggest retailer Tesco can argue at trial that discount supermark...

3rd November, 2022

Image for UK pension schemes’ funding level improves to 103% in October-XPS
Finance

UK pension schemes’ funding level improves to 103% in October-XPS

LONDON (Reuters) -UK defined benefit pension schemes’ aggregate funding level rose by 1% to 103% in...

2nd November, 2022

Image for Sterling edges up ahead of Fed, BoE rate decision looms
Trading

Sterling edges up ahead of Fed, BoE rate decision looms

By Iain Withers LONDON (Reuters) – Sterling edged up against the dollar on Wednesday as markets brac...

2nd November, 2022

Image for Britain’s Metro Bank returned to profit in September, sees no customer stress
Top Stories

Britain’s Metro Bank returned to profit in September, sees no customer stress

LONDON (Reuters) – Me YouTubetro Bank said on Wednesday it returned to profit in September by keepin...

2nd November, 2022

Image for Britain’s Next sticks to outlook after quarterly sales rise
Top Stories

Britain’s Next sticks to outlook after quarterly sales rise

By James Davey LONDON (Reuters) -British clothing retailer Next reaffirmed full-year guidance that w...

2nd November, 2022

Image for Explainer-Why is the Bank of England selling government bonds?
Banking

Explainer-Why is the Bank of England selling government bonds?

By David Milliken LONDON (Reuters) – The Bank of England will pass a major milestone on Tuesday when...

1st November, 2022