UK economy

Image for BP sees $2.5 billion UK tax bill this year including windfall levy
Top Stories

BP sees $2.5 billion UK tax bill this year including windfall levy

LONDON (Reuters) – BP expects to pay around $2.5 billion in taxes for its British North Sea business...

1st November, 2022

Image for UK government under pressure over conditions at migrant centre
Top Stories

UK government under pressure over conditions at migrant centre

By Kylie MacLellan LONDON (Reuters) – The British government came under increasing pressure on Monda...

1st November, 2022

Image for UK energy price caps will help to reduce inflation, ONS rules
Finance

UK energy price caps will help to reduce inflation, ONS rules

LONDON (Reuters) – Britain’s energy price cap for consumers and government-funded discounts on bills...

31st October, 2022

Image for Bank of England poised to raise rates by most in 33 years
Banking

Bank of England poised to raise rates by most in 33 years

By William Schomberg LONDON (Reuters) – The Bank of England looks set to raise borrowing costs by th...

28th October, 2022

Image for Sterling recovery stalls, still set for third straight weekly gain
Trading

Sterling recovery stalls, still set for third straight weekly gain

By Samuel Indyk LONDON (Reuters) – The British pound slid against the dollar on Friday but was still...

28th October, 2022

Image for NatWest shares plunge after warning on rising costs
Investing

NatWest shares plunge after warning on rising costs

By Iain Withers and Lawrence White LONDON (Reuters) -NatWest’s shares fell as much as 9% on Friday a...

28th October, 2022

Image for Bank of England poised to raise rates by most in 33 years
Top Stories

Bank of England poised to raise rates by most in 33 years

By William Schomberg LONDON (Reuters) – The Bank of England looks set to raise borrowing costs by th...

28th October, 2022

Image for New British PM Sunak will not attend COP27 climate summit
Top Stories

New British PM Sunak will not attend COP27 climate summit

By Alistair Smout and Sachin Ravikumar LONDON (Reuters) – British Prime Minister Rishi Sunak will no...

27th October, 2022

Image for Shell helps prop up FTSE 100
Trading

Shell helps prop up FTSE 100

By Johann M Cherian (Reuters) -UK’s export-oriented FTSE rose on Thursday as gains in Shell, after i...

27th October, 2022

Image for Britain’s car output drops 6% as supply woes persist
Top Stories

Britain’s car output drops 6% as supply woes persist

(Reuters) – British car production dropped 6% in September, an industry body said on Thursday, as th...

27th October, 2022

Image for Heathrow Airport says return to pre-pandemic demand years away
Top Stories

Heathrow Airport says return to pre-pandemic demand years away

LONDON (Reuters) -Britain’s biggest airport Heathrow reported a nine-month loss of 442 million pound...

27th October, 2022

Image for New UK PM Sunak commits to fracking ban – spokesman
Top Stories

New UK PM Sunak commits to fracking ban – spokesman

LONDON (Reuters) – Fracking will be banned in England under Prime Minister Rishi Sunak, reversing a...

26th October, 2022