UK economy

Image for Sterling edges back towards more than 2-year lows vs dollar as Boris Johnson clings to power
Top Stories

Sterling edges back towards more than 2-year lows vs dollar as Boris Johnson clings to power

By Lucy Raitano LONDON (Reuters) -A battered British pound edged back towards more than two-year low...

6th July, 2022

Image for BoE’s Pill sees no growth for UK economy, warns against big rate hikes
Top Stories

BoE’s Pill sees no growth for UK economy, warns against big rate hikes

By Andy Bruce LONDON (Reuters) -Bank of England chief economist Huw Pill warned on Wednesday that Br...

6th July, 2022

Image for Weak sterling boosts FTSE 100 amid political, growth worries
Investing

Weak sterling boosts FTSE 100 amid political, growth worries

By Sruthi Shankar (Reuters) -UK stock markets on Wednesday rebounded from a sharp sell-off, with exp...

6th July, 2022

Image for UK construction activity slowest in nine months -PMI
Top Stories

UK construction activity slowest in nine months -PMI

By David Milliken LONDON (Reuters) – Activity in Britain’s construction sector slowed sharply last m...

6th July, 2022

Image for BoE will do what it takes to tackle inflation risks, Cunliffe says
Top Stories

BoE will do what it takes to tackle inflation risks, Cunliffe says

LONDON (Reuters) -Bank of England Deputy Governor Jon Cunliffe said the British central bank will do...

6th July, 2022

Image for Bank of England takes deep dive into ‘opaque’ commodities
Top Stories

Bank of England takes deep dive into ‘opaque’ commodities

By Huw Jones and Andy Bruce LONDON (Reuters) -The Bank of England said on Tuesday it will conduct an...

5th July, 2022

Image for Sainsbury’s quarterly sales drop as UK consumers squeezed
Top Stories

Sainsbury’s quarterly sales drop as UK consumers squeezed

By Paul Sandle LONDON (Reuters) -Sainsbury’s warned the financial pressure on British shoppers would...

5th July, 2022

Image for Sterling jumps vs euro, slips vs dollar in thin July trade
Top Stories

Sterling jumps vs euro, slips vs dollar in thin July trade

By Joice Alves LONDON (Reuters) – Sterling fell on Tuesday against a strengthening U.S. dollar but j...

5th July, 2022

Image for UK firms see small pick-up in June but inflation worries mount – PMI
Top Stories

UK firms see small pick-up in June but inflation worries mount – PMI

LONDON (Reuters) – Growth among British businesses last month was a touch stronger than originally t...

5th July, 2022

Image for London stocks edge higher, Sainsbury’s climbs after results
Investing

London stocks edge higher, Sainsbury’s climbs after results

(Reuters) – Britain’s equity indexes rose on Tuesday in line with modest gains in Asian markets on h...

5th July, 2022

Image for UK’s new car sales drop 24% to mark weakest June since 1996
Top Stories

UK’s new car sales drop 24% to mark weakest June since 1996

(Reuters) -British new car registrations fell 24% last month, marking the weakest June in 26 years,...

5th July, 2022

Image for Sterling slumps 1.5% vs dollar on safe-haven demand, weak UK data
Top Stories

Sterling slumps 1.5% vs dollar on safe-haven demand, weak UK data

By Joice Alves LONDON (Reuters) -Sterling slumped on Friday against the dollar and was set for its w...

1st July, 2022