UK economy

Image for UK’s Sunak faces new headache as borrowing figures overshoot forecast
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UK’s Sunak faces new headache as borrowing figures overshoot forecast

By William Schomberg and Andy Bruce LONDON (Reuters) -British government borrowing in the recently e...

26th April, 2022

Image for Sterling falls to lowest level since September 2020 versus dollar
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Sterling falls to lowest level since September 2020 versus dollar

(Reuters) -Sterling fell on Monday to its lowest level since September 2020 against a strengthening...

25th April, 2022

Image for Bank of England policymakers weigh up inflation and recession risks
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Bank of England policymakers weigh up inflation and recession risks

LONDON (Reuters) – The Bank of England is expected to announce on May 5 that it is raising interest...

25th April, 2022

Image for Confidence among UK factories drops by most since start of COVID crisis – CBI
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Confidence among UK factories drops by most since start of COVID crisis – CBI

LONDON (Reuters) -Optimism among British manufacturers has fallen at its fastest pace since the star...

25th April, 2022

Image for More people in Britain struggle to pay bills, ONS survey shows
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More people in Britain struggle to pay bills, ONS survey shows

LONDON (Reuters) -Almost a quarter of people in Britain said it became harder to pay household bills...

25th April, 2022

Image for Sterling falls to lowest since September 2020 versus dollar
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Sterling falls to lowest since September 2020 versus dollar

(Reuters) -Sterling fell on Monday to its lowest since September 2020 against a strengthening dollar...

25th April, 2022

Image for Asda, Morrisons cut prices of key items amid British spending squeeze
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Asda, Morrisons cut prices of key items amid British spending squeeze

By James Davey LONDON (Reuters) – Asda and Morrisons said on Monday that they would cut the prices o...

25th April, 2022

Image for Slowdown warnings flash for UK economy as inflation surges
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Slowdown warnings flash for UK economy as inflation surges

By Andy Bruce and William Schomberg LONDON (Reuters) – Britain’s economy is heading for a slowdown,...

22nd April, 2022

Image for Pound tumbles to 18-mth low as retail sales, consumer confidence slump
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Pound tumbles to 18-mth low as retail sales, consumer confidence slump

LONDON (Reuters) – Sterling fell on Friday to its lowest level since late 2020 against the dollar af...

22nd April, 2022

Image for UK economy stumbles as consumers, firms brace for downturn
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UK economy stumbles as consumers, firms brace for downturn

By Andy Bruce and William Schomberg LONDON (Reuters) – Britain’s economy is losing steam as househol...

22nd April, 2022

Image for UK business stumbles on inflation and Ukraine war worries -PMI
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UK business stumbles on inflation and Ukraine war worries -PMI

LONDON (Reuters) – Britain’s private sector suffered a sharp slowdown this month as high inflation a...

22nd April, 2022

Image for UK stocks fall on hawkish cenbanks, weak retail sales data
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UK stocks fall on hawkish cenbanks, weak retail sales data

By Devik Jain (Reuters) -UK shares fell on Friday as the growing prospect of aggressive monetary pol...

22nd April, 2022