UK economy

Image for UK new car sales up by nearly a quarter in October – SMMT
Top Stories

UK new car sales up by nearly a quarter in October – SMMT

(Reuters) – British new car registrations rose for the third consecutive month in October, up by aro...

4th November, 2022

Image for British PM Sunak expected to shelve plans to privatise Channel 4 -FT
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British PM Sunak expected to shelve plans to privatise Channel 4 -FT

(Reuters) – British Prime Minister Rishi Sunak is expected to put off the proposed privatisation of...

4th November, 2022

Image for Investors trim bets for peak Bank of England rate
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Investors trim bets for peak Bank of England rate

LONDON (Reuters) – Investors trimmed their bets on the peak for British interest rates on Thursday a...

4th November, 2022

Image for Dollar advances after hawkish Fed; pound sinks as BoE warns of ‘very challenging’ outlook
Trading

Dollar advances after hawkish Fed; pound sinks as BoE warns of ‘very challenging’ outlook

By Amanda Cooper and Gertrude Chavez-Dreyfuss LONDON/NEW YORK (Reuters) – The dollar firmed on Thurs...

3rd November, 2022

Image for Bank of England’s Bailey speaks after rate increase
Investing

Bank of England’s Bailey speaks after rate increase

LONDON (Reuters) – The Bank of England raised interest rates to 3% on Thursday from 2.25%, its bigge...

3rd November, 2022

Image for Expert View: Bank of England lifts UK rates to 3% in historic hike
Investing

Expert View: Bank of England lifts UK rates to 3% in historic hike

LONDON (Reuters) – The Bank of England raised UK interest rates to 3% on Thursday in its largest rat...

3rd November, 2022

Image for Wave of selling as BoE follows Fed with 75 bps rate hike
Investing

Wave of selling as BoE follows Fed with 75 bps rate hike

By Marc Jones and Wayne Cole LONDON/SYDNEY (Reuters) – World shares tumbled and the dollar and bond...

3rd November, 2022

Image for FTSE 100 cuts losses after massive BoE rate hike
Investing

FTSE 100 cuts losses after massive BoE rate hike

By Johann M Cherian (Reuters) – UK’s exporter heavy FTSE 100 index pared losses on Thursday, as the...

3rd November, 2022

Image for Sterling drops as BoE hikes interest rates but diverges from Fed
Investing

Sterling drops as BoE hikes interest rates but diverges from Fed

By Harry Robertson LONDON (Reuters) – Sterling fell sharply on Thursday as the Bank of England (BoE)...

3rd November, 2022

Image for Bank of England makes historic rate hike despite ‘very challenging’ outlook
Banking

Bank of England makes historic rate hike despite ‘very challenging’ outlook

By David Milliken and Andy Bruce LONDON, Nov 3 (Reuters) – The Bank of England raised interest rates...

3rd November, 2022

Image for Britain’s Rolls-Royce sticks to guidance despite inflation headwinds
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Britain’s Rolls-Royce sticks to guidance despite inflation headwinds

By Sarah Young LONDON (Reuters) -British engineering company Rolls-Royce stuck to its forecasts for...

3rd November, 2022

Image for Cyclicals, BAT drag FTSE 100 lower ahead of Fed decision
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Cyclicals, BAT drag FTSE 100 lower ahead of Fed decision

By Johann M Cherian and Sruthi Shankar (Reuters) – UK’s FTSE 100 index slipped on Wednesday, weighed...

3rd November, 2022