uk-economy
Top StoriesUK’s Costa Coffee to Give Workers 9% Pay Rise
Top StoriesUK Employers Plan Smaller Pay Rises for 2024: Cipd
Top StoriesBritain Extends Tariff-Free Trade With Ukraine to 2029
Top StoriesUK’s Labour to Back Out of 28 Billion Stg Green Pledge -BBC
Time Is Right to Step up Investment, Sainsbury’s CEO Says
Date: February 7, 2024
Time is right to step up investment, Sainsbury’s CEO says LONDON (Reuters) – British supermarket Sainsbury’s believes that having improved its financial performance over the last three years, now is the right time to step-up investment, its boss said on Wednesday. Speaking to reporters after Sainsbury’s published a strategy update, CEO Simon Roberts highlighted the...
UK House Prices Gain Momentum in Early 2024: Halifax
Date: February 7, 2024
UK house prices gain momentum in early 2024: Halifax By Andy Bruce LONDON (Reuters) -British house prices rose 2.5% in the year to January, the strongest annual growth rate for a year, according to data from mortgage lender Halifax on Wednesday which added to tentative signs of momentum in the housing market. In month-on-month terms,...
UK Minister to Meet With U.S. Lawmakers on Restoration of Northern Ireland Government
Date: February 6, 2024
UK minister to meet with U.S. lawmakers on restoration of Northern Ireland government LONDON (Reuters) – Britain’s minister for Northern Ireland, Chris Heaton-Harris, will travel to Washington to discuss the restoration of the province’s devolved government with U.S. lawmakers and market its economic potential, his department said on Tuesday. Northern Ireland, which is part of...
British Equities Rise on Luxury Stocks Boost; Economic Data in Focus
Date: February 5, 2024
British equities rise on luxury stocks boost; economic data in focus By Khushi Singh (Reuters) -Britain’s FTSE 100 climbed on Monday, set to snap a three-session losing streak, supported by a rise in luxury stocks such as Burberry and Diageo, while precious metal miners slipped on lower gold prices as bets on early interest rate...
UK’s New Car Registrations up Nearly 8% in January – Smmt
Date: February 5, 2024
UK’s new car registrations up nearly 8% in January – SMMT (Reuters) – New car registrations in the United Kingdom rose about 8% in January, preliminary industry data showed on Monday. The Society of Motor Manufacturers and Traders (SMMT) will provide the final figures for the month at 0900 GMT. (Reporting by Prerna Bedi...
Sterling Reverses Course After U.S. Data, Set for Biggest Weekly Fall Since Early Dec
Date: February 2, 2024
Sterling reverses course after U.S. data, set for biggest weekly fall since early Dec LONDON (Reuters) – Sterling reversed course on Friday as the dollar strengthened after U.S jobs data to leave the pound set for its biggest weekly fall against the greenback in eight weeks. The British currency was last down 0.79% against the...