uk-economy

Image for New information on UK finance minister has emerged, PM spokesperson saysHeadlines

New Information on UK Finance Minister Has Emerged, PM Spokesperson Says

Image for Sterling steadies at multi-month lows after two days of fallsFinance

Sterling Steadies at Multi-Month Lows After Two Days of Falls

Image for Shawbrook shares jump after biggest UK company IPO on LSE in two yearsFinance

Shawbrook Shares Jump After Biggest UK Company IPO on Lse in Two Years

Image for UK's Reeves seeks to defuse rental dispute with release of new detailsHeadlines

UK's Reeves Seeks to Defuse Rental Dispute With Release of New Details

Image for UK's Reeves looks at early scrapping of windfall tax on oil and gas sector, FT reports

UK's Reeves Looks at Early Scrapping of Windfall Tax on Oil and Gas Sector, Ft Reports

Date: October 30, 2025

(Reuters) -Britain's finance minister, Rachel Reeves, could scrap a windfall tax on the country's oil and gas industry a year earlier than planned, the Financial Times reported on Wednesday. Reeves is...

Image for UK energy watchdog plans to tackle 4.4 billion pounds consumer debts

UK Energy Watchdog Plans to Tackle 4.4 Billion Pounds Consumer Debts

Date: October 30, 2025

By Susanna Twidale LONDON (Reuters) -Britain's energy regulator Ofgem announced plans on Thursday to tackle 4.4 billion pounds ($6 billion) of debts built up by customers, which are driving up bills...

Image for Sterling at weakest in months versus dollar, lowest in years against euro

Sterling at Weakest in Months Versus Dollar, Lowest in Years Against Euro

Date: October 29, 2025

LONDON (Reuters) -The pound hit its weakest in nearly three months against the dollar and in more than two years versus the euro on Wednesday as rising expectations for a rate cut from the Bank of...

Image for UK lawmakers question Prince Andrew's use of Windsor mansion

UK Lawmakers Question Prince Andrew's Use of Windsor Mansion

Date: October 29, 2025

By Muvija M LONDON (Reuters) -A British parliamentary committee questioned on Wednesday whether Prince Andrew should still be living in a mansion on the Windsor Estate, west of London, in a rare...

Image for FTSE 100 scales new high, powered by strong forecasts from GSK, Next

FTSE 100 Scales New High, Powered by Strong Forecasts From Gsk, Next

Date: October 29, 2025

By Avinash P (Reuters) -London stocks gained on Wednesday, with the blue-chip FTSE 100 advancing to a record high for a second consecutive session, on the back of strong forecasts from drugmaker GSK...

Image for UK's Starmer does not commit to tax pledges ahead of budget

UK's Starmer Does Not Commit to Tax Pledges Ahead of Budget

Date: October 29, 2025

LONDON (Reuters) -Britain's Prime Minister Keir Starmer on Wednesday declined to commit to a previous pledge not to raise taxes on working people ahead of a budget next month, saying upcoming...