UK economy

Image for Sterling slumps 0.5% vs euro ahead of UK GDP data
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Sterling slumps 0.5% vs euro ahead of UK GDP data

By Joice Alves LONDON (Reuters) – Sterling fell against the euro on Thursday a day ahead of gross do...

11th August, 2022

Image for UK’s FTSE 100 steady ahead of U.S. inflation data
Investing

UK’s FTSE 100 steady ahead of U.S. inflation data

By Sruthi Shankar (Reuters) -UK’s blue-chip FTSE 100 was steady on Wednesday as investors digested m...

10th August, 2022

Image for UK consumer energy debt already at record levels – survey
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UK consumer energy debt already at record levels – survey

By Kate Holton and William James LONDON (Reuters) – British consumer energy debt is already at an al...

10th August, 2022

Image for UK stocks slip on mixed earnings, focus on U.S. inflation data
Investing

UK stocks slip on mixed earnings, focus on U.S. inflation data

(Reuters) – The main UK stock indexes fell on Wednesday as investors digested mixed earnings reports...

10th August, 2022

Image for Royal Mail warns of FY loss if four days of strikes go ahead
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Royal Mail warns of FY loss if four days of strikes go ahead

(Reuters) -Royal Mail warned on Wednesday that it could post a loss in the UK for the full-year 2022...

10th August, 2022

Image for UK prime minister candidate Truss sticks to tax vow despite soaring bills
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UK prime minister candidate Truss sticks to tax vow despite soaring bills

By Susanna Twidale and Kate Holton LONDON (Reuters) -Liz Truss, the frontrunner to be Britain’s next...

9th August, 2022

Image for Post pandemic Britons still spend more time working from home – ONS
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Post pandemic Britons still spend more time working from home – ONS

LONDON (Reuters) – British workers are spending more time working from home compared with pre-pandem...

9th August, 2022

Image for Factbox-How is Britain’s cost-of-living crisis affecting consumer behaviour?
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Factbox-How is Britain’s cost-of-living crisis affecting consumer behaviour?

LONDON (Reuters) – As a cost-of-living squeeze on household incomes looks set to worsen in the Unite...

9th August, 2022

Image for Summertime blues? UK shoppers splash out as heat-wave hits – BRC
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Summertime blues? UK shoppers splash out as heat-wave hits – BRC

LONDON (Reuters) – A heat-wave prompted British shoppers to spend more on summer clothes, food for p...

9th August, 2022

Image for FTSE 100 hovers near two-month high; Abrdn drops on earnings miss
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FTSE 100 hovers near two-month high; Abrdn drops on earnings miss

By Sruthi Shankar (Reuters) -UK’s FTSE 100 was pinned near a two-month peak on Tuesday as investors...

9th August, 2022

Image for Exclusive-Bank of England will probably need to raise rates again, Ramsden says
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Exclusive-Bank of England will probably need to raise rates again, Ramsden says

By William Schomberg and Andy Bruce LONDON (Reuters) – The Bank of England will probably have to rai...

9th August, 2022

Image for Exclusive-Bank of England would sell gilts even if it cuts rates in future, Ramsden says
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Exclusive-Bank of England would sell gilts even if it cuts rates in future, Ramsden says

By Andy Bruce and William Schomberg LONDON (Reuters) – The Bank of England would press on with plans...

9th August, 2022