UK economy

Image for Factbox-What impact will strike at Britain’s busiest container port have?
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Factbox-What impact will strike at Britain’s busiest container port have?

LONDON (Reuters) – More than 1,900 workers at Britain’s biggest container port, Felixstowe, have beg...

22nd August, 2022

Image for UK economy shrank record 11% in 2020, worst since 1709
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UK economy shrank record 11% in 2020, worst since 1709

LONDON (Reuters) – Britain recorded its biggest fall in output in more than 300 years in 2020 when i...

22nd August, 2022

Image for UK inflation to hit 18% in early 2023, Citi forecasts
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UK inflation to hit 18% in early 2023, Citi forecasts

By William Schomberg LONDON (Reuters) – British consumer price inflation is set to peak at 18% – nin...

22nd August, 2022

Image for Strikes bring London’s transport network to a halt
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Strikes bring London’s transport network to a halt

LONDON (Reuters) -London’s transport network ground to a halt on Friday as train and bus workers hel...

19th August, 2022

Image for Britain sets out roadmap for self driving vehicle usage by 2025
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Britain sets out roadmap for self driving vehicle usage by 2025

LONDON (Reuters) – Britain said on Friday it wanted a widespread rollout of self-driving vehicles on...

19th August, 2022

Image for Online discounts boost struggling UK retailers in July
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Online discounts boost struggling UK retailers in July

By David Milliken LONDON (Reuters) -British shoppers spent more than expected last month after being...

19th August, 2022

Image for Britain to receive rare LNG cargo from Australia, Oman
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Britain to receive rare LNG cargo from Australia, Oman

By Marwa Rashad LONDON (Reuters) -Britain is set to receive a rare shipment of liquefied natural gas...

18th August, 2022

Image for UK budget think tank warns future PM against big tax cuts
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UK budget think tank warns future PM against big tax cuts

By David Milliken LONDON (Reuters) – Britain’s next prime minister will not have room to make large,...

18th August, 2022

Image for UK electricals retailer AO World’s annual profit slumps on higher costs
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UK electricals retailer AO World’s annual profit slumps on higher costs

(Reuters) -British online electricals retailer AO World posted an 87% slump in annual profit on Thur...

18th August, 2022

Image for Sterling steady as double-digit inflation deepens growth fears
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Sterling steady as double-digit inflation deepens growth fears

By Samuel Indyk LONDON (Reuters) -The British pound was steady on Wednesday as data showed inflation...

17th August, 2022

Image for Investors bet on bigger BoE rate hikes after inflation overshoot
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Investors bet on bigger BoE rate hikes after inflation overshoot

By David Milliken LONDON (Reuters) – British two-year government bond yields surged to their highest...

17th August, 2022

Image for Shares struggle after hot UK inflation, New Zealand rate hike
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Shares struggle after hot UK inflation, New Zealand rate hike

By Danilo Masoni (Reuters) – World shares struggled and oil prices fell on Wednesday as the UK’s hig...

17th August, 2022