UK economy

Image for UK retailer Next expects to join 1 billion pound profit club
Business

UK retailer Next expects to join 1 billion pound profit club

By James Davey LONDON (Reuters) -Next said on Wednesday it expected to report annual profit in exces...

30th October, 2024

Image for Sterling traders race to hedge risk ahead of UK budget, US election
Investing

Sterling traders race to hedge risk ahead of UK budget, US election

LONDON (Reuters) – Sterling traders rushed to hedge against big price moves on Wednesday, with just...

30th October, 2024

Image for Morning Bid: From GDP data to tech earnings, a lot to chew on
Trading

Morning Bid: From GDP data to tech earnings, a lot to chew on

A look at the day ahead in European and global markets from Rae Wee Investors will have a full calen...

30th October, 2024

Image for UK raises minimum wage by 6.7% in boost for workers, despite employer unease
Banking

UK raises minimum wage by 6.7% in boost for workers, despite employer unease

By Andy Bruce (Reuters) – Britain’s minimum wage for most adults will increase by 6.7% from April ne...

30th October, 2024

Image for Santander CEO says more than 1,400 UK bank jobs being cut
Banking

Santander CEO says more than 1,400 UK bank jobs being cut

MADRID (Reuters) – Santander will have cut more than 1,400 jobs from its British business by the tim...

29th October, 2024

Image for UK median full-time pay rises 6.9% to 37,430 pounds, ONS says
Trading

UK median full-time pay rises 6.9% to 37,430 pounds, ONS says

LONDON (Reuters) – The median full-time annual salary in the United Kingdom reached 37,430 pounds ($...

29th October, 2024

Image for UK mortgage approvals hit highest since before 2022 ‘mini-budget’
Finance

UK mortgage approvals hit highest since before 2022 ‘mini-budget’

LONDON (Reuters) -British lenders approved 65,647 mortgages in September, the Bank of England said o...

29th October, 2024

Image for UK budget to give health service huge boost, Reeves says
Investing

UK budget to give health service huge boost, Reeves says

LONDON (Reuters) – Britain’s finance minister Rachel Reeves will announce billions of pounds in fund...

29th October, 2024

Image for Bank of England to cut Bank Rate to 4.75% on Nov. 7: Reuters poll
Banking

Bank of England to cut Bank Rate to 4.75% on Nov. 7: Reuters poll

By Shaloo Shrivastava BENGALURU (Reuters) – The Bank of England will cut its Bank Rate by a quarter-...

29th October, 2024

Image for Britain’s Starmer says tax rises are needed to avoid austerity
Finance

Britain’s Starmer says tax rises are needed to avoid austerity

By Alistair Smout LONDON (Reuters) -British Prime Minister Keir Starmer said taxes needed to rise to...

29th October, 2024

Image for UK shoppers cut back on spending ahead of budget, CBI says
Business

UK shoppers cut back on spending ahead of budget, CBI says

LONDON (Reuters) – British retailers reported a fall in sales for October as consumers held off on s...

29th October, 2024

Image for UK to cap bus fares in England at three pounds in 2025, say PM Starmer
Top Stories

UK to cap bus fares in England at three pounds in 2025, say PM Starmer

LONDON (Reuters) – Britain’s new government will cap bus fares in England at three pounds ($3.89) in...

29th October, 2024