UK economy

Image for Britons stockpile thermal underwear to fight rising heating bills
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Britons stockpile thermal underwear to fight rising heating bills

LONDON (Reuters) – British shoppers are stockpiling thermal underwear, gloves and dressing gowns to...

6th October, 2022

Image for Sterling falls again as investors await Friday’s U.S. jobs data
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Sterling falls again as investors await Friday’s U.S. jobs data

By Harry Robertson LONDON (Reuters) -Sterling slipped on Thursday after a sharp drop the previous da...

6th October, 2022

Image for Britain’s household energy price cap could cost $160 billion – Cornwall Insights analysts
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Britain’s household energy price cap could cost $160 billion – Cornwall Insights analysts

LONDON (Reuters) – A scheme capping gas and electricity prices for British households for the next t...

5th October, 2022

Image for Sterling softens after UK PM Truss speech
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Sterling softens after UK PM Truss speech

By Lucy Raitano LONDON -Britain’s pound weakened against the dollar on Wednesday, ending a six-day r...

5th October, 2022

Image for Tesco lowers profit sights as British shoppers face winter crunch
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Tesco lowers profit sights as British shoppers face winter crunch

By James Davey LONDON (Reuters) -Tesco, Britain’s biggest retailer, forecast full-year profit at the...

5th October, 2022

Image for UK 10-year gilt auction sees strong demand, high yield
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UK 10-year gilt auction sees strong demand, high yield

By David Milliken LONDON (Reuters) – Britain received solid demand at an auction for 3 billion pound...

5th October, 2022

Image for London stocks slide after three-day rally; Tesco falls on forecast cut
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London stocks slide after three-day rally; Tesco falls on forecast cut

By Johann M Cherian (Reuters) – UK shares snapped a three-session winning streak on Wednesday, dragg...

5th October, 2022

Image for Analysis-UK bond market crash takes shine off Big Bang plans for London
Investing

Analysis-UK bond market crash takes shine off Big Bang plans for London

By Huw Jones LONDON (Reuters) – Britain’s new Prime Minister Liz Truss promised to “unshackle” the C...

4th October, 2022

Image for Analysis-Britain’s budget bomb still ticking despite tax U-turn
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Analysis-Britain’s budget bomb still ticking despite tax U-turn

By Andy Bruce LONDON (Reuters) – Prime Minister Liz Truss’s U-turn on abolishing Britain’s top rate...

3rd October, 2022

Image for Where does the UK go from here to fix budget crisis?
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Where does the UK go from here to fix budget crisis?

LONDON (Reuters) – New Prime Minister Liz Truss and finance minister Kwasi Kwarteng reversed their c...

3rd October, 2022

Image for Sterling edges higher after British government tax U-turn
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Sterling edges higher after British government tax U-turn

By Alun John and Iain Withers LONDON (Reuters) – The pound edged up on Monday on news Britain would...

3rd October, 2022

Image for Factbox-The UK’s top tax rate – what is it and why does it matter?
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Factbox-The UK’s top tax rate – what is it and why does it matter?

LONDON (Reuters) – British finance minister Kwasi Kwarteng on Monday abruptly dropped his plan to el...

3rd October, 2022