UK economy

Image for Aviva set to buy Direct Line to create $21 billion British insurer
Finance

Aviva set to buy Direct Line to create $21 billion British insurer

By Yadarisa Shabong and Tommy Reggiori Wilkes LONDON (Reuters) -British insurer Aviva has agreed to...

6th December, 2024

Image for UK’s FTSE 100 slips on utilities losses; indexes set for weekly gains
Trading

UK’s FTSE 100 slips on utilities losses; indexes set for weekly gains

(Reuters) – The UK’s benchmark FTSE 100 edged lower on Friday, pressured by losses in defence stocks...

6th December, 2024

Image for Aviva sweetens Direct Line bid to $4.33 billion, Bloomberg News reports
Finance

Aviva sweetens Direct Line bid to $4.33 billion, Bloomberg News reports

(Reuters) -Insurance company Aviva has sweetened its bid for UK’s Direct Line to about 3.4 billion p...

6th December, 2024

Image for Unclear how Trump tariffs would move UK inflation, BoE’s Greene says
Top Stories

Unclear how Trump tariffs would move UK inflation, BoE’s Greene says

By David Milliken LONDON (Reuters) – It is still not clear whether higher U.S. tariffs on goods impo...

6th December, 2024

Image for Personal goods stocks lifts FTSE 100; Frasers slumps
Trading

Personal goods stocks lifts FTSE 100; Frasers slumps

(Reuters) -Britain’s FTSE 100 index was barely changed on Thursday, as gains in the personal goods s...

6th December, 2024

Image for Factbox-The six milestones Starmer says will define success of UK government
Top Stories

Factbox-The six milestones Starmer says will define success of UK government

By Andrew MacAskill LONDON (Reuters) – British Prime Minister Keir Starmer on Thursday announced six...

5th December, 2024

Image for UK’s Starmer says he has not watered down economic growth pledges
Finance

UK’s Starmer says he has not watered down economic growth pledges

LONDON (Reuters) – British Prime Minister Keir Starmer said on Thursday that he had not watered down...

5th December, 2024

Image for Starmer pledges measurable ‘milestones’ to rebuild Britain after rocky start
Top Stories

Starmer pledges measurable ‘milestones’ to rebuild Britain after rocky start

By Alistair Smout and Elizabeth Piper IVER, England (Reuters) -Prime Minister Keir Starmer pledged o...

5th December, 2024

Image for Shell and Equinor form UK North Sea oil and gas joint venture
Investing

Shell and Equinor form UK North Sea oil and gas joint venture

By Louise Rasmussen, Ron Bousso and Nerijus Adomaitis COPENHAGEN/LONDON/OSLO (Reuters) -Shell and No...

5th December, 2024

Image for UK firms flag over $1.4 billion in labour costs from increase in national insurance, wages
Finance

UK firms flag over $1.4 billion in labour costs from increase in national insurance, wages

(This Nov. 27 story has been corrected to say that Pets At Home and Halfords expect an increase in c...

5th December, 2024

Image for UK’s FTSE 100 little changed as real estate limits gains in personal goods
Finance

UK’s FTSE 100 little changed as real estate limits gains in personal goods

(Reuters) – UK’s benchmark FTSE 100 index was barely changed on Thursday, as gains in the personal g...

5th December, 2024

Image for ‘Kicked in the face’: Frasers blames UK budget for profit downgrade
Business

‘Kicked in the face’: Frasers blames UK budget for profit downgrade

By James Davey LONDON (Reuters) -Major British retailer Frasers said it felt “kicked in the face” by...

5th December, 2024