UK economy

Image for UK energy regulator drops plan to ring fence customers’ cash
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UK energy regulator drops plan to ring fence customers’ cash

LONDON (Reuters) -British energy regulator Ofgem on Friday dropped a planned requirement for supplie...

25th November, 2022

Image for Cost-of-living crisis casts shadow over Europe’s Black Friday
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Cost-of-living crisis casts shadow over Europe’s Black Friday

By James Davey LONDON (Reuters) -Europe’s retailers are hoping Black Friday discount day will get sh...

25th November, 2022

Image for UK motor and home insurers headed for heavy losses, EY warns
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UK motor and home insurers headed for heavy losses, EY warns

(Reuters) – British motor and home insurers are set for significant losses in 2022 and 2023 due to i...

25th November, 2022

Image for Weekly Economic Update: Markets Shrug off Chancellor’s Gloom
Finance

Weekly Economic Update: Markets Shrug off Chancellor’s Gloom

By Rupert Thompson, Chief Economist at Kingswood Following their bounce the previous week, global eq...

24th November, 2022

Image for UK recession: First in, last out?
Finance

UK recession: First in, last out?

By Frédérique Carrier, Head of Investment Strategy in the British Isles and Asia at RBC Wealth Manag...

23rd November, 2022

Image for Equinor evaluating impact of British windfall tax on projects
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Equinor evaluating impact of British windfall tax on projects

By Ron Bousso LONDON (Reuters) -Norwegian oil company Equinor said on Tuesday it is evaluating the i...

23rd November, 2022

Image for Shell to ‘evaluate’ 25 billion pound British investments after windfall tax
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Shell to ‘evaluate’ 25 billion pound British investments after windfall tax

By Ron Bousso LONDON (Reuters) -Shell said on Monday it will evaluate plans to spend up to 25 billio...

22nd November, 2022

Image for UK businesses call for looser immigration rules to boost growth
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UK businesses call for looser immigration rules to boost growth

LONDON (Reuters) – Britain should create a programme of temporary work visas to boost economic growt...

21st November, 2022

Image for Virgin Money shares leap on higher profit, investor payouts
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Virgin Money shares leap on higher profit, investor payouts

By Iain Withers LONDON (Reuters) -Shares in British lender Virgin Money leapt 16% on Monday after it...

21st November, 2022

Image for As recession bites, Tesco offers UK staff pay advance
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As recession bites, Tesco offers UK staff pay advance

By James Davey and Sarah Young LONDON (Reuters) – Tesco, one of Britain’s largest private-sector emp...

18th November, 2022

Image for UK’s Royal Mail workers to strike in run-up to Christmas
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UK’s Royal Mail workers to strike in run-up to Christmas

LONDON (Reuters) -Postal workers at Britain’s Royal Mail will strike for six days in the run-up to t...

18th November, 2022

Image for Higher costs vs higher wages: how will businesses keep up with inflation?
Finance

Higher costs vs higher wages: how will businesses keep up with inflation?

By Nick Gold, MD of Speakers’ Corner The cost-of-living crisis is hitting the UK hard. The current i...

17th November, 2022