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UK economy

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Image for Chances of recession in Britain in next two years have increased, says JPM
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Chances of recession in Britain in next two years have increased, says JPM

(Reuters) – Chances of Britain heading into a recession over the next year or two have increased ami...

17th June, 2022

Image for Bank of England isn’t committed to being ‘forceful’, Pill says
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Bank of England isn’t committed to being ‘forceful’, Pill says

By David Milliken LONDON (Reuters) -The Bank of England’s new message that it may have to act “force...

17th June, 2022

Image for UK shares gain at end of turbulent week but set for weekly fall
Investing

UK shares gain at end of turbulent week but set for weekly fall

By Devik Jain (Reuters) – UK stocks rose on Friday, with miner Glencore and media company Future gai...

17th June, 2022

Image for Britons increase shopping trips, trade down to navigate inflation – Tesco boss
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Britons increase shopping trips, trade down to navigate inflation – Tesco boss

LONDON (Reuters) – Britons are making more shopping trips but buying less and trading down to cheape...

17th June, 2022

Image for Sterling slips as dollar stands tall
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Sterling slips as dollar stands tall

By Tom Wilson LONDON (Reuters) – Sterling slipped on Friday against a strengthening U.S. dollar, giv...

17th June, 2022

Image for BoE raises rates by 25 basis points again but says ready to act forcefully
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BoE raises rates by 25 basis points again but says ready to act forcefully

By Andy Bruce and William Schomberg LONDON (Reuters) – The Bank of England raised interest rates by...

16th June, 2022

Image for UK condemns court decision to block Rwanda deportation, will not leave convention
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UK condemns court decision to block Rwanda deportation, will not leave convention

LONDON (Reuters) – Britain has no plans to leave the European Convention on Human Rights, but the St...

16th June, 2022

Image for Online fashion retailers ASOS, Boohoo weighed down by returns
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Online fashion retailers ASOS, Boohoo weighed down by returns

By James Davey and Paul Sandle LONDON (Reuters) -British online fashion retailers ASOS and Boohoo ca...

16th June, 2022

Image for UK shares pare losses as BoE goes soft with rate hike
Investing

UK shares pare losses as BoE goes soft with rate hike

By Devik Jain (Reuters) -London stocks cut back some losses on Thursday after the Bank of England ra...

16th June, 2022

Image for Sterling edges up after BoE’s tentative rate hike
Trading

Sterling edges up after BoE’s tentative rate hike

By Lawrence White LONDON -Sterling rose on slightly on Thursday, recouping losses earlier in the day...

16th June, 2022

Image for UK shares slide as BoE rate hike looms; ASOS tumbles on profit warning
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UK shares slide as BoE rate hike looms; ASOS tumbles on profit warning

By Devik Jain (Reuters) – London stock indexes fell on Thursday as investors braced for the fifth in...

16th June, 2022

Image for UK food price inflation of 15% is coming, industry researcher warns
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UK food price inflation of 15% is coming, industry researcher warns

By James Davey LONDON (Reuters) -Food price inflation in Britain is likely to peak at up to 15% this...

16th June, 2022