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UK leadership favourite Truss U-turns on pay plan in first big misstep
By Andrew MacAskill and Kylie MacLellan LONDON (Reuters) -Britain’s foreign minister Liz Truss, the...
2nd August, 2022
UK economy
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UK energy bills expected to leap again, raising stakes for next PM
By Susanna Twidale LONDON (Reuters) – Britain’s cap on domestic energy prices is expected to rise by...
2nd August, 2022
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Purplebricks slumps to annual loss, shares tumble
By Aby Jose Koilparambil and Yadarisa Shabong (Reuters) -Purplebricks on Tuesday reported an annual...
2nd August, 2022
Investing
Bumper earnings from BP help steady FTSE 100
By Sruthi Shankar (Reuters) -UK’s blue-chip index edged higher on Tuesday, as strong results from oi...
2nd August, 2022
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Sterling loses steam as traders turn to safe-haven currencies
(Reuters) – The British pound weakened against the dollar and euro on Tuesday as traders turned to s...
2nd August, 2022
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UK motor insurer Direct Line to hike premiums after profit hit
By Carolyn Cohn LONDON (Reuters) -British motor insurer Direct Line is raising premiums after higher...
2nd August, 2022
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British PM candidate Truss boosted by former rival’s backing
LONDON (Reuters) – Foreign Secretary Liz Truss’s bid to become Britain’s next prime minister got a m...
1st August, 2022
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FTSE 100 closes down as oil stocks drop and sterling gains
By Sruthi Shankar (Reuters) -A slump in oil stocks and rally in sterling weighed on Britain’s top sh...
1st August, 2022
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British, Irish PMs mourn N.Ireland peace architect Trimble at funeral
By Amanda Ferguson BELFAST (Reuters) – The prime ministers of Britain and Ireland paid respects to N...
1st August, 2022
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Bank of England to get more aggressive with 50 bps hike on Thursday: Reuters poll
By Jonathan Cable LONDON (Reuters) – The Bank of England is now expected to lift borrowing costs by...
1st August, 2022
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Bank of England probes the persistence of UK’s inflation surge
LONDON (Reuters) – The Bank of England says it will act forcefully if needed to stop the surge in in...
1st August, 2022
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British PM candidate Sunak vows 20% income tax cut by 2029
LONDON (Reuters) -Rishi Sunak, trailing in the race to become Britain’s next prime minister, has vow...
1st August, 2022