UK economy

Image for UK Treasury weighs cutting funding to GB Energy, FT reports
Headlines

UK Treasury weighs cutting funding to GB Energy, FT reports

(Reuters) - Britain's Treasury department is weighing cutting funding plans for state-backed power c...

7th March, 2025

Image for John Lewis and Currys latest UK retailers to give inflation-busting pay rises
Finance

John Lewis and Currys latest UK retailers to give inflation-busting pay rises

LONDON (Reuters) - The John Lewis Partnership and Currys on Thursday became the latest major British...

6th March, 2025

Image for UK inflation hump unlikely to lead to long-term price pressures, BoE's Mann says
Finance

UK inflation hump unlikely to lead to long-term price pressures, BoE's Mann says

By Suban Abdulla LONDON (Reuters) -Bank of England policymaker Catherine Mann said on Thursday a pic...

6th March, 2025

Image for Rising yields, tariff uncertainty pressure UK's FTSE 100
Finance

Rising yields, tariff uncertainty pressure UK's FTSE 100

(Reuters) - London-listed shares lost ground on Thursday as rising bond yields pressured equities an...

6th March, 2025

Image for Sterling extends drop versus euro after German fiscal boost
Finance

Sterling extends drop versus euro after German fiscal boost

By Samuel Indyk LONDON (Reuters) - The pound extended a slide against the euro on Thursday, dropping...

6th March, 2025

Image for UK construction PMI falls to lowest since 2020 as house-building plummets
Headlines

UK construction PMI falls to lowest since 2020 as house-building plummets

LONDON (Reuters) - Britain's construction sector contracted sharply in February, with residential ho...

6th March, 2025

Image for Harbour Energy reports annual loss, urges reform of UK windfall tax before 2030
Finance

Harbour Energy reports annual loss, urges reform of UK windfall tax before 2030

(Reuters) -Harbour Energy swung to an annual loss in 2024 as the UK's windfall tax for energy compan...

6th March, 2025

Image for UK recruiter PageGroup warns of heightened uncertainty in key markets
Finance

UK recruiter PageGroup warns of heightened uncertainty in key markets

(Reuters) - British recruiter PageGroup on Thursday posted a 58.2% fall in annual profit, missing es...

6th March, 2025

Image for UK should focus any welfare savings on benefit levels not scope, think tank says
Finance

UK should focus any welfare savings on benefit levels not scope, think tank says

By David Milliken LONDON (Reuters) - Britain's government should focus its search for welfare saving...

6th March, 2025

Image for UK's Reeves risks breaking budget promises, IFS think tank says
Headlines

UK's Reeves risks breaking budget promises, IFS think tank says

LONDON (Reuters) - British finance minister Rachel Reeves could have to choose between tax rises and...

6th March, 2025

Image for UK employers group cuts its growth forecast over budget costs, trade fears
Finance

UK employers group cuts its growth forecast over budget costs, trade fears

LONDON (Reuters) - One of Britain's leading business groups on Wednesday cut its forecast for econom...

5th March, 2025

Image for Soccer-UK countries to make joint bid to host 2035 women's World Cup
Headlines

Soccer-UK countries to make joint bid to host 2035 women's World Cup

(Reuters) - The Football Associations of England, Northern Ireland, Scotland and Wales intend to sub...

5th March, 2025