UK economy

Image for Analysis – Turbulent UK bond market may force BoE’s hand again
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Analysis – Turbulent UK bond market may force BoE’s hand again

By Dhara Ranasinghe and Harry Robertson LONDON (Reuters) – Bank of England Governor Andrew Bailey ha...

12th October, 2022

Image for UK borrowing costs hit 20-year high as BoE sticks by bond deadline
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UK borrowing costs hit 20-year high as BoE sticks by bond deadline

By Andy Bruce, William Schomberg and David Milliken LONDON (Reuters) -British government borrowing c...

12th October, 2022

Image for Long-dated UK bond prices slide to new 20-year low
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Long-dated UK bond prices slide to new 20-year low

By Andy Bruce LONDON (Reuters) -Long-dated British government bonds sold off heavily on Wednesday to...

12th October, 2022

Image for UK economy on brink of recession as it shrinks in August
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UK economy on brink of recession as it shrinks in August

By William Schomberg and Andy Bruce LONDON (Reuters) – Britain’s economy looks set to go into recess...

12th October, 2022

Image for British pensions step up multi-billion-pound asset fire sale as need for cash soars
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British pensions step up multi-billion-pound asset fire sale as need for cash soars

By Tommy Wilkes and Carolyn Cohn LONDON (Reuters) – UK pension schemes are racing to raise hundreds...

11th October, 2022

Image for Fire-fighting Bank of England forced to buy inflation-linked bonds
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Fire-fighting Bank of England forced to buy inflation-linked bonds

By Andy Bruce LONDON (Reuters) -The Bank of England sought again to stem a sharp sell-off in Britain...

11th October, 2022

Image for FTSE 100 falls for fifth session, eyes on BoE moves to stem bond rout
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FTSE 100 falls for fifth session, eyes on BoE moves to stem bond rout

By Sruthi Shankar and Bansari Mayur Kamdar (Reuters) -Britain’s main stock indexes fell on Tuesday,...

11th October, 2022

Image for IMF urges UK to align fiscal policy with BoE inflation goals
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IMF urges UK to align fiscal policy with BoE inflation goals

By David Milliken LONDON (Reuters) -Britain’s government should ensure its tax and spending plans ar...

11th October, 2022

Image for Sterling snaps four-day drop, but gilt-market havoc tempers gains
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Sterling snaps four-day drop, but gilt-market havoc tempers gains

By Amanda Cooper LONDON (Reuters) -The pound snapped a four-day streak of losses on Tuesday in a vol...

11th October, 2022

Image for Explainer-Why is Bank of England acting again? What next in the UK crisis?
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Explainer-Why is Bank of England acting again? What next in the UK crisis?

LONDON (Reuters) – The Bank of England again sought to stem a sharp sell-off in Britain’s 2.1 trilli...

11th October, 2022

Image for Heathrow Airport warns of possible travel slowdown this winter
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Heathrow Airport warns of possible travel slowdown this winter

LONDON (Reuters) -Britain’s biggest airport Heathrow warned of a possible slowdown in travel demand...

11th October, 2022

Image for UK’s Kwarteng, seeking to calm markets, brings forward budget date
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UK’s Kwarteng, seeking to calm markets, brings forward budget date

By Andy Bruce LONDON (Reuters) -British finance minister Kwasi Kwarteng, under pressure to rebuild s...

10th October, 2022