UK economy

Image for BoE’s Pill says UK must accept income hit from high inflation
Top Stories

BoE’s Pill says UK must accept income hit from high inflation

By William Schomberg and David Milliken LONDON (Reuters) – People and businesses in Britain need to...

6th May, 2022

Image for Sterling hits new lows against dollar and euro after BoE
Trading

Sterling hits new lows against dollar and euro after BoE

(Reuters) -Sterling hit new lows against the dollar and the euro after the Bank of England warned of...

6th May, 2022

Image for FTSE 100 slides on economy worries, weak IAG results
Investing

FTSE 100 slides on economy worries, weak IAG results

By Sruthi Shankar (Reuters) -UK’s top share index fell on Friday, with British Airways owner leading...

6th May, 2022

Image for UK construction sector suffers April slowdown on higher costs -S&P/CIPS
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UK construction sector suffers April slowdown on higher costs -S&P/CIPS

LONDON (Reuters) – Britain’s construction sector in April had its slowest month since January, hit b...

6th May, 2022

Image for UK annual house price rise eases to 10.8% – Halifax
Finance

UK annual house price rise eases to 10.8% – Halifax

LONDON (Reuters) – British house prices rose for a tenth consecutive month in April, although the an...

6th May, 2022

Image for Dollar index hits 20-year high, sterling tumbles on dovish BoE
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Dollar index hits 20-year high, sterling tumbles on dovish BoE

By Karen Brettell NEW YORK (Reuters) – The dollar hit a 20-year high against a basket of currencies...

5th May, 2022

Image for Struggling British pig industry calls for Tesco to step-up
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Struggling British pig industry calls for Tesco to step-up

LONDON (Reuters) – The trade body for Britain’s pig industry on Thursday told Tesco, the country’s b...

5th May, 2022

Image for Virgin Money profits jump, shares slip on cautious outlook
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Virgin Money profits jump, shares slip on cautious outlook

By Shanima A and Iain Withers (Reuters) -British bank Virgin Money posted a jump in half-year profit...

5th May, 2022

Image for UK government bonds surge on gloomy BoE growth view
Investing

UK government bonds surge on gloomy BoE growth view

LONDON (Reuters) – Short-dated British government bond prices surged on Thursday as investors judged...

5th May, 2022

Image for BoE flags risk of recession and 10% inflation as it raises rates again
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BoE flags risk of recession and 10% inflation as it raises rates again

By David Milliken, William Schomberg and Andy Bruce LONDON (Reuters) -The Bank of England sent a sta...

5th May, 2022

Image for Pound skids 2% on BoE recession warning, biggest daily fall since 2020
Trading

Pound skids 2% on BoE recession warning, biggest daily fall since 2020

By Samuel Indyk LONDON (Reuters) -Britain’s pound and government bond yields slid on Thursday, after...

5th May, 2022

Image for Bank of England’s Bailey explains rate hike
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Bank of England’s Bailey explains rate hike

LONDON (Reuters) – The Bank of England raised interest rates on Thursday for the fourth meeting runn...

5th May, 2022