uk-economy

Image for UK's FTSE 100 hits record as cooling inflation fuels rate‑cut bets; miners shine Finance

UK's FTSE 100 Hits Record as Cooling Inflation Fuels Rate‑cut Bets; Miners Shine 

Image for Sterling steady, inflation figures reinforce near-term BoE cut betsFinance

Sterling Steady, Inflation Figures Reinforce Near-Term BoE Cut Bets

Image for UK house prices rise by 2.4% in annual terms in December, ONS saysFinance

UK House Prices Rise by 2.4% in Annual Terms in December, Ons Says

Image for UK's BAE Systems forecasts years of growth in ‘new era’ of defence spending, backlog hits recordFinance

UK's Bae Systems Forecasts Years of Growth in ‘new Era’ of Defence Spending, Backlog Hits Record

Image for UK inflation hits lowest in nearly a year at 3.0%, strengthening bets on a BoE rate cut

UK Inflation Hits Lowest in Nearly a Year at 3.0%, Strengthening Bets on a BoE Rate Cut

Date: February 18, 2026

LONDON, Feb 18 (Reuters) - Britain's annual rate of consumer price inflation fell to 3.0% in January from 3.4% in December, official figures showed on Wednesday. A Reuters poll of economists had shown...

Image for John Lewis lifts pay above inflation, joining rival UK retailers

John Lewis Lifts Pay Above Inflation, Joining Rival UK Retailers

Date: February 18, 2026

LONDON, Feb 18 (Reuters) - The John Lewis Partnership, Britain's largest employee‑owned business, on Wednesday became the latest major retailer to lift store staff pay by more than inflation,...

Image for UK's Reform backs BoE and budget watchdog but promises change

UK's Reform Backs BoE and Budget Watchdog but Promises Change

Date: February 18, 2026

LONDON, Feb 18 (Reuters) - Britain's right-wing Reform UK party said it would revamp the Bank of England and the country's budget arbiter as it seeks to balance promises of change to voters with...

Image for UK pay settlements edge up, hinting at more generous deals in 2026, Brightmine survey shows

UK Pay Settlements Edge Up, Hinting at More Generous Deals in 2026, Brightmine Survey Shows

Date: February 18, 2026

LONDON, Feb 18 (Reuters) - Pay settlements awarded by British employers have risen in value after a largely stable 2025, suggesting the start of a shift towards higher deals this year as businesses...

Image for UK power firm SSE to invest up to $1.28 billion for Scottish subsea cable upgrade  

UK Power Firm Sse to Invest up to $1.28 Billion for Scottish Subsea Cable Upgrade  

Date: February 17, 2026

Feb 17 (Reuters) - British power firm SSE said on Tuesday its electricity distribution unit has selected five contract partners for an investment up to 950 million pounds ($1.28 billion) to upgrade...

Image for UK's Reform party names ex-Conservative Jenrick as finance chief

UK's Reform Party Names ex-Conservative Jenrick as Finance Chief

Date: February 17, 2026

LONDON, Feb 17 (Reuters) - Britain's right-wing Reform UK party named Robert Jenrick as its finance policy chief on Tuesday, as leader Nigel Farage made the first announcement of who would be in his...