UK economy

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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 

Feb 18 (Reuters) - The UK's FTSE 100 touched a fresh peak on Wednesday as domestic inflation cooled...

18th February, 2026

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

Sterling steady, inflation figures reinforce near-term BoE cut bets

By Samuel Indyk LONDON, Feb 18 (Reuters) - The pound was little changed against the dollar as easing...

18th February, 2026

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

UK house prices rise by 2.4% in annual terms in December, ONS says

LONDON, Feb 18 (Reuters) - British house prices increased by 2.4% in the 12 months to December, down...

18th February, 2026

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

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

LONDON, Feb 18 (Reuters) - BAE Systems, Britain's biggest defence contractor, reported a better-than...

18th February, 2026

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

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

LONDON, Feb 18 (Reuters) - Britain's annual rate of consumer price inflation fell to 3.0% in January...

18th February, 2026

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

John Lewis lifts pay above inflation, joining rival UK retailers

LONDON, Feb 18 (Reuters) - The John Lewis Partnership, Britain's largest employee‑owned business, on...

18th February, 2026

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

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

LONDON, Feb 18 (Reuters) - Britain's right-wing Reform UK party said it would revamp the Bank of Eng...

18th February, 2026

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

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

LONDON, Feb 18 (Reuters) - Pay settlements awarded by British employers have risen in value after a...

18th February, 2026

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

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

Feb 17 (Reuters) - British power firm SSE said on Tuesday its electricity distribution unit has sele...

17th February, 2026

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

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

LONDON, Feb 17 (Reuters) - Britain's right-wing Reform UK party named Robert Jenrick as its finance...

17th February, 2026

Image for Sterling slides as UK wage growth cools and jobless rate rises
Finance

Sterling slides as UK wage growth cools and jobless rate rises

LONDON, Feb 17 (Reuters) - The pound fell on Tuesday after data showed Britain's unemployment rate r...

17th February, 2026

Image for UK jobless rate climbs, adding to Bank of England rate cut bets
Finance

UK jobless rate climbs, adding to Bank of England rate cut bets

LONDON, Feb 17 (Reuters) - British annual wage growth, excluding bonuses, weakened to 4.2% in the la...

17th February, 2026