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Bank of England raises rates to 1% despite looming recession risk
By William Schomberg and David Milliken LONDON, May 5 (Reuters) – The Bank of England raised interes...
5th May, 2022
UK economy
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UK’s Channel 4 reveals plan to tap capital as alternative to a sale
LONDON (Reuters) – Channel 4, the publicly-owned British broadcaster that the government wants to se...
5th May, 2022
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Buckingham Palace parties return, without Queen Elizabeth
LONDON (Reuters) – Members of the British royal family will stand in for Queen Elizabeth when the tr...
5th May, 2022
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UK auto industry cuts 2022 outlook on supply snags, rising cost of living
(Reuters) – British new car sales this year will be lower than previously thought as the cost-of-liv...
5th May, 2022
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UK revokes Moscow bourse’s status as recognised exchange
LONDON (Reuters) – Britain on Thursday revoked the Moscow Stock Exchange’s (MOEX) status as a recogn...
5th May, 2022
Business
UK business activity slows to three-month low as inflation soars – PMI
By David Milliken LONDON (Reuters) – British private-sector growth slowed to its weakest pace in fou...
5th May, 2022
Investing
Global rally lifts UK shares over 1% ahead of BoE decision
By Bansari Mayur Kamdar (Reuters) – UK shares rose on Thursday after the U.S. Federal Reserve’s wide...
5th May, 2022
Trading
Sterling drops back towards 21-month lows before BoE decision
(Reuters) – The British pound fell on Thursday against a rebounding dollar before a key policy annou...
5th May, 2022
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Next maintains full-year guidance as Britons carry on shopping
By James Davey LONDON (Reuters) – Clothing retailer Next kept its guidance for the full year after r...
5th May, 2022
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Britain’s Barratt upbeat on housing demand, urges rethink on safety levy
(Reuters) -British housebuilder Barratt on Thursday expressed confidence about housing demand, but u...
5th May, 2022
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Virgin Money raises annual net interest margin forecast as profit jumps
(Reuters) -British challenger bank Virgin Money UK Plc raised its annual net interest margin forecas...
5th May, 2022
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Sterling little changed near 21-month low ahead of BoE, Fed
LONDON (Reuters) -The British pound was little changed on Wednesday, near its lowest level in 21 mon...
4th May, 2022