UK economy

Image for UK watchdog contacts banks following huge withdrawal of mortgage deals -FT
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UK watchdog contacts banks following huge withdrawal of mortgage deals -FT

(Reuters) – Britain’s Financial Conduct Authority (FCA) has contacted lenders in the United Kingdom...

30th September, 2022

Image for Moody’s flags Oct 21 as crucial date for UK rating
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Moody’s flags Oct 21 as crucial date for UK rating

By Marc Jones LONDON (Reuters) – Moody’s top European analyst has flagged Oct. 21 as the next crucia...

30th September, 2022

Image for UK’s Kwarteng: Mini budget was essential in resetting debate around growth
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UK’s Kwarteng: Mini budget was essential in resetting debate around growth

LONDON (Reuters) – The British government’s so-called mini budget was essential in helping reset the...

30th September, 2022

Image for UK bond liquidity barely improves after BoE intervention – ING
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UK bond liquidity barely improves after BoE intervention – ING

(Reuters) -The spread between bid and ask prices on British bonds, reflecting the ease of trading in...

29th September, 2022

Image for Dollar dishes the pain as selloff rumbles on
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Dollar dishes the pain as selloff rumbles on

By Marc Jones LONDON (Reuters) – Investors pedalled into another cycle of selling on Thursday as the...

29th September, 2022

Image for UK banks and insurers told to step up help for struggling customers
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UK banks and insurers told to step up help for struggling customers

By Huw Jones LONDON (Reuters) – Britain’s Financial Conduct Authority (FCA) told banks and insurers...

29th September, 2022

Image for Challenging ‘orthodoxy,’ Kwarteng clings on after UK market rout
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Challenging ‘orthodoxy,’ Kwarteng clings on after UK market rout

By Sinead Cruise, Alistair Smout and Elizabeth Piper LONDON (Reuters) – As new British finance minis...

29th September, 2022

Image for UK car output rises in August, soaring costs cast shadow over recovery
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UK car output rises in August, soaring costs cast shadow over recovery

(Reuters) – British car production rose for a fourth straight month in August, compared with a year...

29th September, 2022

Image for Bitcoin-sterling volumes spike to record high as British currency flounders
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Bitcoin-sterling volumes spike to record high as British currency flounders

By Elizabeth Howcroft LONDON (Reuters) – Trading volumes between the British pound and the cryptocur...

29th September, 2022

Image for PIMCO CIO says UK market chaos not systemic but will have global impact
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PIMCO CIO says UK market chaos not systemic but will have global impact

(Corrects name of conference to Delivering Alpha in first paragraph) WASHINGTON (Reuters) – The coll...

29th September, 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) – Britain’s central bank resorted to buying bonds again on Wednesday in an emergenc...

28th September, 2022

Image for UK housing market may face perfect storm as mortgage rates rise, house prices drop
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UK housing market may face perfect storm as mortgage rates rise, house prices drop

By Andy Bruce, Sinead Cruise and Carolyn Cohn LONDON (Reuters) – A surge in borrowing costs and a li...

28th September, 2022