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UK minister warns public sector workers not to expect above-inflation pay rises
LONDON (Reuters) – The British government needs to be sensible about public sector pay, junior treas...
20th June, 2022
UK economy
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British energy regulator plans new rules to help customers as prices soar
(Reuters) -Britain’s energy regulator on Monday proposed new measures to protect consumers and preve...
20th June, 2022
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Bank of England withdraws mortgage affordability test
LONDON (Reuters) – The Bank of England said on Monday that its Financial Policy Committee would with...
20th June, 2022
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Kate Bush tops UK charts with 1985 hit thanks to ‘Stranger Things’
LONDON (Reuters) – British singer and songwriter Kate Bush topped the UK singles chart with her 1985...
17th June, 2022
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UK’s Sunak hardens attitude to BoE’s Bailey as inflation roars
By Andy Bruce LONDON (Reuters) – British finance minister Rishi Sunak has toughened his language tow...
17th June, 2022
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Tesco says Britons buying less and trading down to navigate inflation
By James Davey LONDON (Reuters) – Britons are buying less, switching to cheaper products and shoppin...
17th June, 2022
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Chances of recession in Britain in next two years have increased, says JPM
(Reuters) – Chances of Britain heading into a recession over the next year or two have increased ami...
17th June, 2022
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Bank of England isn’t committed to being ‘forceful’, Pill says
By David Milliken LONDON (Reuters) -The Bank of England’s new message that it may have to act “force...
17th June, 2022
Investing
UK shares gain at end of turbulent week but set for weekly fall
By Devik Jain (Reuters) – UK stocks rose on Friday, with miner Glencore and media company Future gai...
17th June, 2022
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Britons increase shopping trips, trade down to navigate inflation – Tesco boss
LONDON (Reuters) – Britons are making more shopping trips but buying less and trading down to cheape...
17th June, 2022
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Sterling slips as dollar stands tall
By Tom Wilson LONDON (Reuters) – Sterling slipped on Friday against a strengthening U.S. dollar, giv...
17th June, 2022
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BoE raises rates by 25 basis points again but says ready to act forcefully
By Andy Bruce and William Schomberg LONDON (Reuters) – The Bank of England raised interest rates by...
16th June, 2022