UK economy

Image for UK economy shrinks at start of feared long recession
Top Stories

UK economy shrinks at start of feared long recession

By William Schomberg and David Milliken LONDON (Reuters) -Britain’s economy shrank in the three mont...

11th November, 2022

Image for Rishi Sunak ‘pleased’ with progress on resolving Northern Ireland protocol
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Rishi Sunak ‘pleased’ with progress on resolving Northern Ireland protocol

LONDON (Reuters) -British Prime Minister Rishi Sunak said on Thursday he was pleased with the progre...

11th November, 2022

Image for Sterling softens versus dollar against a quiet UK backdrop
Trading

Sterling softens versus dollar against a quiet UK backdrop

LONDON – Sterling softened against the dollar on Wednesday after three days of gains, ahead of major...

9th November, 2022

Image for Christmas shopping begins early as Britons face cash crunch
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Christmas shopping begins early as Britons face cash crunch

By James Davey and Sarah Young LONDON (Reuters) -British consumers are trying to navigate the hit to...

9th November, 2022

Image for Three quarters of UK long COVID sufferers working less -survey
Top Stories

Three quarters of UK long COVID sufferers working less -survey

By David Milliken LONDON (Reuters) – More than three quarters of British people who have suffered pe...

9th November, 2022

Image for Britain’s Next buys failed furniture retailer Made.com, 400 jobs axed
Top Stories

Britain’s Next buys failed furniture retailer Made.com, 400 jobs axed

By Sachin Ravikumar LONDON (Reuters) -British fashion retailer Next will buy the Made.com brand for...

9th November, 2022

Image for Britain’s M&S warns of ‘gathering storm’ of higher costs and weak consumer
Top Stories

Britain’s M&S warns of ‘gathering storm’ of higher costs and weak consumer

By James Davey LONDON (Reuters) -British retailer Marks & Spencer warned on Wednesday of a “gatherin...

9th November, 2022

Image for Taiwan’s President looks forward to Britain supporting its CPTPP bid
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Taiwan’s President looks forward to Britain supporting its CPTPP bid

TAIPEI (Reuters) – Taiwan’s President Tsai Ing-wen told visiting British minister of state for trade...

9th November, 2022

Image for BoE’s Pill sees no victory over inflation yet but recession coming
Finance

BoE’s Pill sees no victory over inflation yet but recession coming

LONDON (Reuters) -The Bank of England (BoE) cannot consider the threats posed by inflation to be und...

8th November, 2022

Image for UK’s Persimmon signals margin hit amid house price fall
Investing

UK’s Persimmon signals margin hit amid house price fall

(Reuters) – Persimmon, Britain’s second-largest housebuilder, warned on 2023 profit margins on Tuesd...

8th November, 2022

Image for Sterling slips as dollar edges higher, with all eyes on U.S
Trading

Sterling slips as dollar edges higher, with all eyes on U.S

By Harry Robertson LONDON (Reuters) – The British pound fell on Tuesday as the dollar rose, with inv...

8th November, 2022

Image for FTSE 100 drops as commodity-linked stocks weigh; Persimmon tumbles
Investing

FTSE 100 drops as commodity-linked stocks weigh; Persimmon tumbles

By Johann M Cherian (Reuters) – The FTSE 100 index fell on Tuesday, dragged down by commodity-linked...

8th November, 2022