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UK economy

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Image for UK’s P&O Ferries sacks 800 staff, threatening union standoff
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UK’s P&O Ferries sacks 800 staff, threatening union standoff

By William James and Muvija M LONDON (Reuters) -Britain’s P&O Ferries made 800 staff redundant with...

17th March, 2022

Image for Online grocer Ocado Retail lowers outlook as UK market softens
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Online grocer Ocado Retail lowers outlook as UK market softens

By James Davey LONDON (Reuters) -British online supermarket Ocado Retail lowered its outlook for ful...

17th March, 2022

Image for Sterling above $1.3100 on Ukraine talks hopes
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Sterling above $1.3100 on Ukraine talks hopes

By Samuel Indyk LONDON (Reuters) -The British pound rose against the U.S. dollar on Wednesday, suppo...

16th March, 2022

Image for Poorest Britons suffer biggest pay squeeze
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Poorest Britons suffer biggest pay squeeze

By David Milliken LONDON (Reuters) – Britain’s lowest-paid workers have seen the biggest squeeze on...

15th March, 2022

Image for Sterling rebounds after hitting 16-month low
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Sterling rebounds after hitting 16-month low

By Samuel Indyk LONDON (Reuters) – The British pound eked out gains against the U.S. dollar on Monda...

14th March, 2022

Image for UK’s Johnson urges Saudi Arabia to raise oil output, minister says
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UK’s Johnson urges Saudi Arabia to raise oil output, minister says

LONDON (Reuters) -British Prime Minister Boris Johnson is trying to persuade Saudi Arabia to increas...

14th March, 2022

Image for Bank of England heads for third rate rise in a row as prices surge
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Bank of England heads for third rate rise in a row as prices surge

By David Milliken LONDON (Reuters) – The Bank of England looks set to lift interest rates to 0.75% o...

11th March, 2022

Image for UK economy surges unexpectedly, bolstering case for rate hike next week
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UK economy surges unexpectedly, bolstering case for rate hike next week

By Andy Bruce and David Milliken LONDON (Reuters) – Britain’s economy rebounded much more than expec...

11th March, 2022

Image for Britain to phase out Russian oil imports by end of 2022
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Britain to phase out Russian oil imports by end of 2022

By William James and Kylie MacLellan LONDON (Reuters) -Britain will phase out imports of Russian oil...

8th March, 2022

Image for UK to set out new energy supply strategy as prices soar
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UK to set out new energy supply strategy as prices soar

LONDON (Reuters) -Britain will set out a new energy supply strategy as the Russian invasion of Ukrai...

7th March, 2022

Image for UK tax authority withdraws winding up petitions for GFG Alliance units
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UK tax authority withdraws winding up petitions for GFG Alliance units

By Eric Onstad LONDON (Reuters) – Britain’s tax authorities have withdrawn petitions to wind up four...

7th March, 2022

Image for Sterling falls 1% versus dollar, rises against euro
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Sterling falls 1% versus dollar, rises against euro

LONDON (Reuters) – Sterling declined 1% to $1.3216 as the dollar strengthened against a basket of cu...

4th March, 2022