UK economy

Image for Sainsbury’s tipped to trim profit forecast as UK shoppers struggle
Business

Sainsbury’s tipped to trim profit forecast as UK shoppers struggle

By James Davey LONDON (Reuters) – Sainsbury’s, Britain’s second biggest supermarket group, looks lik...

26th October, 2022

Image for Sterling hits six-week high as Sunak mulls delay to Oct. 31 budget plan
Trading

Sterling hits six-week high as Sunak mulls delay to Oct. 31 budget plan

By Lucy Raitano LONDON (Reuters) – Sterling soared to six-week highs on Wednesday, as Britain’s new...

26th October, 2022

Image for FTSE 100 dips as stronger pound and mixed earnings weigh
Trading

FTSE 100 dips as stronger pound and mixed earnings weigh

By Johann M Cherian (Reuters) -UK’s blue-chip index edged lower on Wednesday as lacklustre quarterly...

26th October, 2022

Image for UK’s Sunak plans to meet Biden in G20 summit
Top Stories

UK’s Sunak plans to meet Biden in G20 summit

(Reuters) – British Prime Minister Rishi Sunak spoke with U.S. President Joe Biden on Tuesday evenin...

26th October, 2022

Image for UK PM Sunak’s office says ‘the hard work begins now’
Top Stories

UK PM Sunak’s office says ‘the hard work begins now’

LONDON (Reuters) – British Prime Minister Rishi Sunak is now ready to face the hard work of governme...

26th October, 2022

Image for James Cleverly to remain UK foreign minister – statement
Top Stories

James Cleverly to remain UK foreign minister – statement

LONDON (Reuters) – James Cleverly has been re-appointed as Britain’s foreign minister, Prime Ministe...

26th October, 2022

Image for New PM Rishi Sunak pledges to lead Britain out of economic crisis
Top Stories

New PM Rishi Sunak pledges to lead Britain out of economic crisis

By Kate Holton, Elizabeth Piper and Alistair Smout LONDON (Reuters) -Rishi Sunak became Britain’s th...

25th October, 2022

Image for Factbox-UK PM Rishi Sunak’s new team of ministers
Top Stories

Factbox-UK PM Rishi Sunak’s new team of ministers

LONDON (Reuters) – British Prime Minister Rishi Sunak on Tuesday appointed key ministers to his gove...

25th October, 2022

Image for Analysis-Britain’s finance bosses hope Sunak steadies ship after market chaos
Top Stories

Analysis-Britain’s finance bosses hope Sunak steadies ship after market chaos

By Iain Withers, Lawrence White and Huw Jones LONDON (Reuters) -After seven weeks in which Britain’s...

25th October, 2022

Image for Sterling rises as Sunak victory in PM race offsets economic gloom
Trading

Sterling rises as Sunak victory in PM race offsets economic gloom

By Amanda Cooper LONDON (Reuters) -The pound rose on Tuesday, boosted by a degree of investor relief...

25th October, 2022

Image for Former UK PM Johnson urges support for new leader Sunak
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Former UK PM Johnson urges support for new leader Sunak

LONDON (Reuters) – Former British leader Boris Johnson congratulated Rishi Sunak on his appointment...

25th October, 2022

Image for Rishi Sunak pledges to clean up mess left by Truss as UK PM
Top Stories

Rishi Sunak pledges to clean up mess left by Truss as UK PM

LONDON (Reuters) -Britain’s new prime minister, Rishi Sunak, said on Tuesday he would try to fix the...

25th October, 2022