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UK economy

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Image for Leaping debt costs add to UK government borrowing in May
Top Stories

Leaping debt costs add to UK government borrowing in May

By William Schomberg and Andy Bruce LONDON (Reuters) – Surging debt interest costs triggered by the...

23rd June, 2022

Image for Sterling hit as UK inflation hits new 40-year high
Trading

Sterling hit as UK inflation hits new 40-year high

By Danilo Masoni LONDON (Reuters) – The British pound eased on Wednesday after hot UK consumer infla...

22nd June, 2022

Image for UK food price inflation set to hit 20%, Citi forecasts
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UK food price inflation set to hit 20%, Citi forecasts

LONDON (Reuters) – British food price inflation looks on course to hit 20% in the first quarter of n...

22nd June, 2022

Image for UK homebuilder Berkeley warns of slowing supply in sector
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UK homebuilder Berkeley warns of slowing supply in sector

By Aby Jose Koilparambil (Reuters) -High-end British homebuilder Berkeley warned on Wednesday that s...

22nd June, 2022

Image for Sterling retreats as UK inflation hits new 40-year high
Top Stories

Sterling retreats as UK inflation hits new 40-year high

By Danilo Masoni LONDON (Reuters) – The British pound pulled back on Wednesday after data showing UK...

22nd June, 2022

Image for BoE will ‘act forcefully’ to stem inflation, says Britain’s Sunak
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BoE will ‘act forcefully’ to stem inflation, says Britain’s Sunak

LONDON (Reuters) – The Bank of England will “act forcefully” to combat rising prices, British financ...

22nd June, 2022

Image for European stocks resume selloff on sliding commodities, inflation worries
Investing

European stocks resume selloff on sliding commodities, inflation worries

By Sruthi Shankar (Reuters) -European stocks hit fresh one-year lows on Wednesday as a fall in oil a...

22nd June, 2022

Image for UK shares drop 1% as inflation spikes to 40-year high
Investing

UK shares drop 1% as inflation spikes to 40-year high

By Anisha Sircar and Boleslaw Lasocki (Reuters) – UK shares fell more than 1% on Wednesday after inf...

22nd June, 2022

Image for Britain must do more to help poor with cost of living crisis, Asda chairman says
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Britain must do more to help poor with cost of living crisis, Asda chairman says

LONDON (Reuters) -The British government needs to do more to help those on lower incomes cope with t...

22nd June, 2022

Image for UK inflation hits 40-year record, highest in G7
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UK inflation hits 40-year record, highest in G7

By Andy Bruce and David Milliken LONDON (Reuters) – Soaring food prices pushed British consumer pric...

22nd June, 2022

Image for UK to bring in new Bill of Rights after migrant deportation defeat
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UK to bring in new Bill of Rights after migrant deportation defeat

LONDON (Reuters) – Britain will begin legislating on Wednesday for a new Bill of Rights to give the...

22nd June, 2022

Image for Brexit will cost UK workers 470 pounds a year, study predicts
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Brexit will cost UK workers 470 pounds a year, study predicts

By David Milliken LONDON (Reuters) – Britain is becoming a more closed economy due to Brexit, with d...

22nd June, 2022