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UK banks and insurers told to step up help for struggling customers
By Huw Jones LONDON (Reuters) – Britain’s Financial Conduct Authority (FCA) told banks and insurers...
29th September, 2022
UK economy
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Challenging ‘orthodoxy,’ Kwarteng clings on after UK market rout
By Sinead Cruise, Alistair Smout and Elizabeth Piper LONDON (Reuters) – As new British finance minis...
29th September, 2022
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UK car output rises in August, soaring costs cast shadow over recovery
(Reuters) – British car production rose for a fourth straight month in August, compared with a year...
29th September, 2022
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Bitcoin-sterling volumes spike to record high as British currency flounders
By Elizabeth Howcroft LONDON (Reuters) – Trading volumes between the British pound and the cryptocur...
29th September, 2022
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PIMCO CIO says UK market chaos not systemic but will have global impact
(Corrects name of conference to Delivering Alpha in first paragraph) WASHINGTON (Reuters) – The coll...
29th September, 2022
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Explainer-Why is Bank of England acting again? What next in the UK crisis?
LONDON (Reuters) – Britain’s central bank resorted to buying bonds again on Wednesday in an emergenc...
28th September, 2022
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UK housing market may face perfect storm as mortgage rates rise, house prices drop
By Andy Bruce, Sinead Cruise and Carolyn Cohn LONDON (Reuters) – A surge in borrowing costs and a li...
28th September, 2022
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Britain’s market rout stokes contagion fears around the globe
By Davide Barbuscia, Marc Jones and Dhara Ranasinghe NEW YORK/LONDON (Reuters) – The scale and speed...
28th September, 2022
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Morrisons’ quarterly earnings halved amid UK consumer crunch
LONDON (Reuters) – British supermarket group Morrisons on Wednesday reported a halving of its third-...
28th September, 2022
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Bank of England to buy 65 billion pounds of UK bonds to stem rout
By David Milliken LONDON (Reuters) -The Bank of England stepped into Britain’s bond market on Wednes...
28th September, 2022
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Wall Street fear lingers as UK steps in to calm bonds
By Lawrence Delevingne and Amanda Cooper (Reuters) -U.S. and global equities did little on Wednesday...
28th September, 2022
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Bank of England seeks to stem bond market turmoil after tax cut storm
By Andy Bruce and David Milliken LONDON (Reuters) -The Bank of England sought to quell a fire-storm...
28th September, 2022