UK economy

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Market reaction to the pound hitting a record low

By Rupert Thompson, Investment Strategist at Kingswood The past week has been a torrid affair with m...

14th October, 2022

Image for Euro zone bond yields fall as ECB policymaker flags recession risk, gilts eyed
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Euro zone bond yields fall as ECB policymaker flags recession risk, gilts eyed

By Stefano Rebaudo (Reuters) -Euro zone bond yields fell on Friday after a European Central Bank (EC...

14th October, 2022

Image for Royal Mail warns of thousands of job cuts as it slides into red
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Royal Mail warns of thousands of job cuts as it slides into red

By Yadarisa Shabong (Reuters) -Royal Mail could cut up to 10,000 jobs and the loss-making business w...

14th October, 2022

Image for British households should cut energy use where possible this winter -Ofgem
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British households should cut energy use where possible this winter -Ofgem

By Sarah Young and Klaus Lauer LONDON (Reuters) – British Airways-owner IAG, Europe’s biggest airlin...

13th October, 2022

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Britain’s bond market turmoil

LONDON (Reuters) – British Prime Minister Liz Truss is rethinking tax-cut plans that sent markets in...

13th October, 2022

Image for Bank fraud falls from COVID high but threatens UK security
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Bank fraud falls from COVID high but threatens UK security

By Kirstin Ridley LONDON (Reuters) – Bank fraud has cost British consumers nearly 610 million pounds...

13th October, 2022

Image for easyJet says demand holding up in uncertain times
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easyJet says demand holding up in uncertain times

By Sarah Young LONDON (Reuters) -British airline easyJet said demand for the coming months was holdi...

13th October, 2022

Image for Britain’s Ofgem to urge public to reduce energy usage – FT
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Britain’s Ofgem to urge public to reduce energy usage – FT

(Reuters) – Britain’s energy regulator Ofgem will on Thursday urge consumers to reduce their energy...

13th October, 2022

Image for Sentiment in UK finance falls at fastest pace since 2019, survey
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Sentiment in UK finance falls at fastest pace since 2019, survey

LONDON (Reuters) – Britain needs to restore stability to its finances to help reverse the fastest dr...

13th October, 2022

Image for Wall Street stocks rise, sterling regains some ground
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Wall Street stocks rise, sterling regains some ground

By Sinéad Carew and Elizabeth Howcroft NEW YORK/LONDON (Reuters) – European stocks struggled on Wedn...

12th October, 2022

Image for London’s FTSE 100 falls for sixth day as financials extend losses
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London’s FTSE 100 falls for sixth day as financials extend losses

By Sruthi Shankar (Reuters) – Financial stocks led Britain’s blue-chip index lower on Wednesday as g...

12th October, 2022

Image for Britain’s bond market turmoil
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Britain’s bond market turmoil

LONDON (Reuters) – British government borrowing costs hit a 20-year high on Wednesday after Bank of...

12th October, 2022