UK economy

Image for European shares pare losses as BoE seeks to stabilise markets
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European shares pare losses as BoE seeks to stabilise markets

By Devik Jain and Dhara Ranasinghe (Reuters) -European shares rallied from session lows on Wednesday...

28th September, 2022

Image for Bank of England statement on purchase of long-dated bonds
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Bank of England statement on purchase of long-dated bonds

LONDON (Reuters) – The Bank of England said on Wednesday it would start a temporary programme of bon...

28th September, 2022

Image for Labour senses power amid UK financial turmoil, but work to be done
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Labour senses power amid UK financial turmoil, but work to be done

By Andrew MacAskill and Elizabeth Piper LIVERPOOL, England (Reuters) – British opposition leader Kei...

28th September, 2022

Image for Boohoo says exposure to sterling plunge is limited – finance chief
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Boohoo says exposure to sterling plunge is limited – finance chief

LONDON (Reuters) – British online fashion retailer Boohoo said on Wednesday its exposure to the rece...

28th September, 2022

Image for Stocks hit two-year lows, sterling comes under fire
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Stocks hit two-year lows, sterling comes under fire

By Wayne Cole and Amanda Cooper LONDON/SYDNEY (Reuters) – World shares sank to two-year lows on Wedn...

28th September, 2022

Image for White House’s Deese, asked about UK economic plans, stresses ‘fiscal prudence’
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White House’s Deese, asked about UK economic plans, stresses ‘fiscal prudence’

By Andrea Shalal WASHINGTON (Reuters) -White House economic adviser Brian Deese said on Tuesday he w...

28th September, 2022

Image for UK 30-year yields hit highest since 2002, extending post-tax cuts surge
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UK 30-year yields hit highest since 2002, extending post-tax cuts surge

LONDON (Reuters) -Yields on British government debt surged to new multi-year highs on Tuesday, led b...

27th September, 2022

Image for Pound plunge means even higher prices for UK consumers – McKinsey
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Pound plunge means even higher prices for UK consumers – McKinsey

LONDON (Reuters) – British consumers are likely to face a further hike in prices of clothing and hom...

27th September, 2022

Image for Calls grow for UK to reverse fiscal policy after market turmoil
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Calls grow for UK to reverse fiscal policy after market turmoil

By Andy Bruce and Kate Holton LONDON (Reuters) -The Bank of England is likely to deliver a “signific...

27th September, 2022

Image for Sterling higher as BoE, Treasury seek to calm markets, outlook remains cautious
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Sterling higher as BoE, Treasury seek to calm markets, outlook remains cautious

By Samuel Indyk LONDON (Reuters) -The British pound was higher against the dollar on Tuesday, a day...

27th September, 2022

Image for Dollar pauses for breath as fragile pound edges up
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Dollar pauses for breath as fragile pound edges up

By Alun John and Tom Westbrook LONDON/SYDNEY (Reuters) – The dollar took a pause on Tuesday in what...

27th September, 2022

Image for New cypher for Britain’s King Charles unveiled
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New cypher for Britain’s King Charles unveiled

LONDON (Reuters) – The new cypher for Britain’s King Charles – the sovereign’s monogram that will ap...

27th September, 2022