UK economy

Image for UK investors see 113 billion pounds of BoE bond sales by 2025
Investing

UK investors see 113 billion pounds of BoE bond sales by 2025

By David Milliken LONDON (Reuters) – Bond market experts expect the Bank of England to sell 113 bill...

18th March, 2022

Image for UK’s Sunak says his priority is to cut taxes
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UK’s Sunak says his priority is to cut taxes

LONDON (Reuters) -British finance minister Rishi Sunak said on Friday his priority was now to cut ta...

18th March, 2022

Image for Bank of England raises rates in 8-1 vote
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Bank of England raises rates in 8-1 vote

LONDON (Reuters) – The Bank of England raised interest rates on Thursday in a bid to keep fast-risin...

17th March, 2022

Image for Bank of England hikes rates again but shows unease over outlook
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Bank of England hikes rates again but shows unease over outlook

By Andy Bruce and David Milliken LONDON (Reuters) -The Bank of England raised interest rates again o...

17th March, 2022

Image for Pound falls after BoE raises rates but sounds less sure about future hikes
Trading

Pound falls after BoE raises rates but sounds less sure about future hikes

LONDON (Reuters) -The British pound dropped on Thursday after the Bank of England raised interest ra...

17th March, 2022

Image for FTSE 100 extends gains as BoE hikes rate but outlook clouded
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FTSE 100 extends gains as BoE hikes rate but outlook clouded

By Amal S (Reuters) -UK’s blue-chip FTSE 100 extended gains on Thursday, as a weaker pound lifted sh...

17th March, 2022

Image for UK’s P&O Ferries sacks 800 staff, threatening union standoff
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UK’s P&O Ferries sacks 800 staff, threatening union standoff

By William James and Muvija M LONDON (Reuters) -Britain’s P&O Ferries made 800 staff redundant with...

17th March, 2022

Image for Online grocer Ocado Retail lowers outlook as UK market softens
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Online grocer Ocado Retail lowers outlook as UK market softens

By James Davey LONDON (Reuters) -British online supermarket Ocado Retail lowered its outlook for ful...

17th March, 2022

Image for Sterling above $1.3100 on Ukraine talks hopes
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Sterling above $1.3100 on Ukraine talks hopes

By Samuel Indyk LONDON (Reuters) -The British pound rose against the U.S. dollar on Wednesday, suppo...

16th March, 2022

Image for Poorest Britons suffer biggest pay squeeze
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Poorest Britons suffer biggest pay squeeze

By David Milliken LONDON (Reuters) – Britain’s lowest-paid workers have seen the biggest squeeze on...

15th March, 2022

Image for Sterling rebounds after hitting 16-month low
Trading

Sterling rebounds after hitting 16-month low

By Samuel Indyk LONDON (Reuters) – The British pound eked out gains against the U.S. dollar on Monda...

14th March, 2022

Image for UK’s Johnson urges Saudi Arabia to raise oil output, minister says
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UK’s Johnson urges Saudi Arabia to raise oil output, minister says

LONDON (Reuters) -British Prime Minister Boris Johnson is trying to persuade Saudi Arabia to increas...

14th March, 2022