uk-economy
Top StoriesVinyl Revival Rocks Britain’s Inflation Basket
Top StoriesUK’s Rwanda Plan for Asylum Seekers Could Cost More Than 600 Million Pounds
Top StoriesLondon Stocks Gain on Miners, Earnings Boost
Top StoriesUK Job Vacancies Fall 15% Year-On-Year in January, Adzuna Data Shows
UK Sees Record Monthly Budget Surplus, but Tough Picture Ahead of Budget
Date: February 21, 2024
UK sees record monthly budget surplus, but tough picture ahead of budget By David Milliken and Suban Abdulla LONDON (Reuters) -Britain chalked up its highest ever monthly budget surplus in January due to record seasonal tax inflows, official figures showed on Wednesday, although the broader picture remains tough as finance minister Jeremy Hunt prepares his...
UK Employers Offer Smaller Pay Rises at Start of 2024, XpertHR Survey Shows
Date: February 21, 2024
UK employers offer smaller pay rises at start of 2024, XpertHR survey shows LONDON (Reuters) – British employers scaled back the annual pay settlements they offered to staff at the start of 2024, a survey showed on Wednesday, in a move likely to reassure the Bank of England that underlying inflation pressures are starting to...
Sterling Inches Higher After Last Week’s Fall
Date: February 19, 2024
Sterling inches higher after last week’s fall By Harry Robertson LONDON (Reuters) – The pound edged slightly higher on Monday after falling last week, as investors waited for new impetus from survey data on Thursday. Sterling was last up 0.12% at $1.2615 after slipping 0.25% last week. U.S. markets are closed for the Presidents’ Day...
UK Property Prices Show First Annual Rise Since August – Rightmove
Date: February 19, 2024
UK property prices show first annual rise since August – Rightmove LONDON (Reuters) – The prices of homes being put up for sale in Britain have risen in annual terms for the first time in six months as demand from buyers strengthened, according to an industry survey that added to signs of stabilisation in the...
UK Shoppers Pick up Their Spending, Signalling Quick End to Recession
Date: February 16, 2024
UK shoppers pick up their spending, signalling quick end to recession By Suban Abdulla LONDON (Reuters) -British retail sales jumped by the most in almost three years in January as consumers recovered their appetite for spending, suggesting the economy could emerge quickly from its recession in the second half of last year. Sales volumes increased...
Britain’s Labour Party Wins By-Election in Southwestern English Town
Date: February 16, 2024
Britain’s Labour Party wins by-election in southwestern English town LONDON (Reuters) -Britain’s opposition Labour Party won a contest for a new lawmaker in the southwestern English town of Kingswood on Friday, dealing a blow to the governing Conservatives before a national vote expected this year. The Kingswood defeat for Prime Minister Rishi Sunak’s Conservatives looked...