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Goldman Sachs sees deeper UK recession after tax U-turn
(Reuters) -Goldman Sachs has downgraded Britain’s economic outlook and warned of a deeper recession...
17th October, 2022
UK economy
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Britain’s financial system under stress amid market turmoil -analysts
By Iain Withers and Lawrence White LONDON (Reuters) -Britain’s banks and financial firms face deepen...
17th October, 2022
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Factbox-UK axes economic ‘growth plan’ to restore market confidence
LONDON (Reuters) – New British finance minister Jeremy Hunt on Monday announced almost a complete U-...
17th October, 2022
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New UK finance minister Hunt ditches most of ‘mini-budget’, pound and gilts soar
LONDON (Reuters) -Britain’s new finance minister on Monday jettisoned most of Prime Minister Liz Tru...
17th October, 2022
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UK finance minister Hunt to make statement at 1000 GMT – source
LONDON (Reuters) – British finance minister Jeremy Hunt will make a statement at 1000 GMT, a source...
17th October, 2022
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FTSE 100 climbs ahead of Hunt’s fiscal plans
By Sruthi Shankar (Reuters) -London shares rose for a third consecutive session on Monday as investo...
17th October, 2022
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UK housing market shows strains from “mini-budget”: Rightmove
LONDON (Reuters) – Britain’s housing market lost momentum this month after Prime Minister Liz Truss’...
17th October, 2022
Trading
Market reaction to the pound hitting a record low
By Rupert Thompson, Investment Strategist at Kingswood The past week has been a torrid affair with m...
14th October, 2022
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Euro zone bond yields fall as ECB policymaker flags recession risk, gilts eyed
By Stefano Rebaudo (Reuters) -Euro zone bond yields fell on Friday after a European Central Bank (EC...
14th October, 2022
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Royal Mail warns of thousands of job cuts as it slides into red
By Yadarisa Shabong (Reuters) -Royal Mail could cut up to 10,000 jobs and the loss-making business w...
14th October, 2022
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British households should cut energy use where possible this winter -Ofgem
By Sarah Young and Klaus Lauer LONDON (Reuters) – British Airways-owner IAG, Europe’s biggest airlin...
13th October, 2022
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Britain’s bond market turmoil
LONDON (Reuters) – British Prime Minister Liz Truss is rethinking tax-cut plans that sent markets in...
13th October, 2022