uk-economy

Image for UK Christmas spending to rise 3.5% despite slow start, says PwCFinance

UK Christmas Spending to Rise 3.5% Despite Slow Start, Says PwC

Image for UK's CBI bumps up 2026 growth view due to 'temporary' budget boostHeadlines

UK's Cbi Bumps up 2026 Growth View Due to 'temporary' Budget Boost

Image for Sterling holds onto gains on dollar, awaits dataFinance

Sterling Holds Onto Gains on Dollar, Awaits Data

Image for Bank of England to cut rates on December 18 to 3.75% and again in Q1 2026 - Reuters pollHeadlines

Bank of England to Cut Rates on December 18 to 3.75% and Again in Q1 2026 - Reuters Poll

Image for Bank of England's Bailey says continued QT needed to end interest rate risk

Bank of England's Bailey Says Continued Qt Needed to End Interest Rate Risk

Date: December 11, 2025

(Adds missing word "a" in paragraph 4) LONDON, Dec 11 (Reuters) - Bank of England Governor Andrew Bailey said eliminating interest rate risk from the public sector was a key goal of its efforts to...

Image for London's Heathrow Airport names former BT boss Jansen as chairman

London's Heathrow Airport Names Former Bt Boss Jansen as Chairman

Date: December 11, 2025

Dec 11 (Reuters) - UK's Heathrow Airport on Thursday announced the appointment of current WPP chairman and former BT Group CEO Philip Jansen as its new chairman. (Reporting by Simone Lobo in Bengaluru...

Image for Drax plans to turn coal-era infrastructure into data centre by 2027

Drax Plans to Turn Coal-Era Infrastructure Into Data Centre by 2027

Date: December 11, 2025

Dec 11 (Reuters) - Britain's Drax said on Thursday it could repurpose existing infrastructure and grid links at its Yorkshire power station to run a data centre as soon as 2027, using resources once...

Image for Many UK firms say volatile pound triggered losses in 2025, need to hedge grows

Many UK Firms Say Volatile Pound Triggered Losses in 2025, Need to Hedge Grows

Date: December 11, 2025

By Amanda Cooper LONDON, Dec 11 (Reuters) - Nearly half of UK businesses surveyed by FX and cash management solutions provider MillTech say that they have lost money due to a volatile pound and plan...

Image for UK pledges extra $2 billion NHS spend to avert Trump tariffs, FT says

UK Pledges Extra $2 Billion Nhs Spend to Avert Trump Tariffs, Ft Says

Date: December 11, 2025

Dec 11 (Reuters) - Britain has promised the United States that spending on National Health Service (NHS) medicines will rise by 1.5 billion pounds ($2 billion) over the next three years, the Financial...

Image for UK housing market slows after tax-raising budget, RICS survey shows

UK Housing Market Slows After Tax-Raising Budget, Rics Survey Shows

Date: December 11, 2025

MANCHESTER, England, Dec 11 (Reuters) - Britain's housing market slowed after finance minister Rachel Reeves' budget last month, according to a survey of chartered surveyors that showed buyer...