UK economy

Image for Weaker pound takes FTSE 100 to best week in six months
Trading

Weaker pound takes FTSE 100 to best week in six months

By Nikhil Sharma (Reuters) -Britain’s FTSE 100 recorded its biggest weekly gain in more than six mon...

22nd November, 2024

Image for Energy bills to rise for most Britons after 1.2% price cap rise
Finance

Energy bills to rise for most Britons after 1.2% price cap rise

LONDON (Reuters) -Millions of British households will see energy bills tick up in January after regu...

22nd November, 2024

Image for UK retail sales dived before new government’s budget, ONS says
Business

UK retail sales dived before new government’s budget, ONS says

By William Schomberg LONDON (Reuters) – British retail sales fell by much more than expected in Octo...

22nd November, 2024

Image for Sterling falls to 6-month low after weak UK retail sales
Investing

Sterling falls to 6-month low after weak UK retail sales

LONDON (Reuters) – The pound weakened on Friday after data showing British retail sales fell by much...

22nd November, 2024

Image for UK consumers cheer up a bit as budget nerves lift, GfK survey shows
Finance

UK consumers cheer up a bit as budget nerves lift, GfK survey shows

LONDON (Reuters) – British consumers have turned less pessimistic following the government’s first b...

22nd November, 2024

Image for UK to scrap Royal Navy ships, retire helicopters to save $633 million
Top Stories

UK to scrap Royal Navy ships, retire helicopters to save $633 million

LONDON (Reuters) -British defence minister John Healey said on Wednesday he would free up 500 millio...

21st November, 2024

Image for UK midcap shares dragged lower by CMC Markets
Trading

UK midcap shares dragged lower by CMC Markets

By Sruthi Shankar (Reuters) – The UK’s midcap index fell to its lowest in three months on Thursday a...

21st November, 2024

Image for Sterling sags as ‘Trump bump’ lifts dollar
Investing

Sterling sags as ‘Trump bump’ lifts dollar

By Amanda Cooper LONDON (Reuters) – The pound eased modestly against the dollar, which held firm on...

21st November, 2024

Image for UK borrows higher-than-expected 17.4 billion pounds in October
Top Stories

UK borrows higher-than-expected 17.4 billion pounds in October

LONDON (Reuters) -Britain borrowed more than expected in October, according to official data that sh...

21st November, 2024

Image for Royal Mail owner IDS returns to profit but warns on cost environment
Business

Royal Mail owner IDS returns to profit but warns on cost environment

(Reuters) -International Distribution Services reported a first-half adjusted operating profit on Th...

21st November, 2024

Image for UK pay growth steady but firms see higher costs ahead, Brightmine says
Top Stories

UK pay growth steady but firms see higher costs ahead, Brightmine says

LONDON (Reuters) – Growth in pay awards by British employers held steady in the three months to Octo...

21st November, 2024

Image for Nissan Motor urges UK to ease EV targets amid weak demand
Business

Nissan Motor urges UK to ease EV targets amid weak demand

(Reuters) – Nissan Motor urged the UK government on Wednesday to ease up its electric vehicle mandat...

21st November, 2024