UK economy

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

Image for Rising interest rates boost Legal & General-CEO
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Rising interest rates boost Legal & General-CEO

By Carolyn Cohn LONDON (Reuters) -Rising interest rates are helping Legal & General’s business, its...

9th August, 2022

Image for Cyclical rally drives FTSE 100 to two-month closing high
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Cyclical rally drives FTSE 100 to two-month closing high

By Sruthi Shankar (Reuters) -Britain’s blue-chip index closed at a two-month high on Monday, boosted...

8th August, 2022

Image for UK government told to act now over cost of living crisis
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UK government told to act now over cost of living crisis

LONDON (Reuters) – The British government came under pressure on Monday to set out plans immediately...

8th August, 2022

Image for Sterling holds near $1.21 as traders review BoE forecasts
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Sterling holds near $1.21 as traders review BoE forecasts

By Samuel Indyk LONDON (Reuters) – The British pound was little changed against the dollar and euro...

8th August, 2022

Image for The pound, gilts and renewables: the winners and losers under Britain’s future PM
Investing

The pound, gilts and renewables: the winners and losers under Britain’s future PM

LONDON (Reuters) – The race to be the next leader of Britain’s ruling-Conservative Party and the cou...

8th August, 2022

Image for As prices rise, the Post Office says Britons are turning back to cash
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As prices rise, the Post Office says Britons are turning back to cash

By Farouq Suleiman LONDON (Reuters) – More Britons are turning to cash to manage their budgets as pr...

8th August, 2022

Image for FTSE 100 hovers near two-month highs as commodities, banks gain
Investing

FTSE 100 hovers near two-month highs as commodities, banks gain

By Sruthi Shankar (Reuters) -Britain’s blue-chip index hovered near two-month highs on Monday, boost...

8th August, 2022