UK economy

Image for Italian shares shine after election, broader Europe slips
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Italian shares shine after election, broader Europe slips

By Devik Jain and Amruta Khandekar (Reuters) -Shares in Italy outperformed European peers on Monday...

26th September, 2022

Image for Bank of England says it “will not hesitate” to raise rates
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Bank of England says it “will not hesitate” to raise rates

By David Milliken and Muvija M LONDON (Reuters) -Bank of England Governor Andrew Bailey said on Mond...

26th September, 2022

Image for London’s FTSE 100 kept afloat by gains in consumer staples
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London’s FTSE 100 kept afloat by gains in consumer staples

By Johann M Cherian and Susan Mathew (Reuters) -London’s mid-cap index closed at near two-year lows...

26th September, 2022

Image for Sterling hits record low, BoE fails to spark recovery
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Sterling hits record low, BoE fails to spark recovery

By Joice Alves LONDON (Reuters) – Sterling fell back towards an all-time low against the dollar on M...

26th September, 2022

Image for Bank of England ‘will not hesitate’ to act as it monitors market turmoil
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Bank of England ‘will not hesitate’ to act as it monitors market turmoil

By Amanda Cooper, David Milliken and Andy Bruce LONDON (Reuters) -The Bank of England said on Monday...

26th September, 2022

Image for Sterling hits all-time low versus broadly stronger dollar
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Sterling hits all-time low versus broadly stronger dollar

By John McCrank NEW YORK (Reuters) -The British pound dropped to an all-time low against the dollar...

26th September, 2022

Image for Sterling plunges to all-time low in scathing appraisal of fiscal plan
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Sterling plunges to all-time low in scathing appraisal of fiscal plan

By Kevin Buckland TOKYO (Reuters) -Sterling tumbled nearly 5% to an all-time low on Monday as invest...

26th September, 2022

Image for Sterling collapses as investors fly into dollars
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Sterling collapses as investors fly into dollars

By Tom Westbrook SYDNEY (Reuters) – Sterling slumped to a record low on Monday, prompting speculatio...

26th September, 2022

Image for UK home asking prices rise, tax cuts to spur demand: Rightmove
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UK home asking prices rise, tax cuts to spur demand: Rightmove

LONDON (Reuters) – Asking prices for British homes advertised rose solidly this month and last week’...

26th September, 2022

Image for Big UK tax cuts deepen selloff, dollar soars and bonds plunge
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Big UK tax cuts deepen selloff, dollar soars and bonds plunge

By Amanda Cooper and Tommy Wilkes LONDON (Reuters) – Stocks hit two-year lows on Friday, the dollar...

23rd September, 2022

Image for Britain’s finance minister unveils “mini budget”, UK markets pummelled
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Britain’s finance minister unveils “mini budget”, UK markets pummelled

LONDON (Reuters) – British finance minister Kwasi Kwarteng on Friday unveiled a broad set of measure...

23rd September, 2022

Image for UK to scrap banker bonus cap in deregulation drive for growth
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UK to scrap banker bonus cap in deregulation drive for growth

By Huw Jones and Iain Withers LONDON (Reuters) -Britain will scrap a cap on banker bonuses, its new...

23rd September, 2022