UK economy

Image for Bank of England heads for third rate rise in a row as prices surge
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Bank of England heads for third rate rise in a row as prices surge

By David Milliken LONDON (Reuters) – The Bank of England looks set to lift interest rates to 0.75% o...

11th March, 2022

Image for UK economy surges unexpectedly, bolstering case for rate hike next week
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UK economy surges unexpectedly, bolstering case for rate hike next week

By Andy Bruce and David Milliken LONDON (Reuters) – Britain’s economy rebounded much more than expec...

11th March, 2022

Image for Britain to phase out Russian oil imports by end of 2022
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Britain to phase out Russian oil imports by end of 2022

By William James and Kylie MacLellan LONDON (Reuters) -Britain will phase out imports of Russian oil...

8th March, 2022

Image for UK to set out new energy supply strategy as prices soar
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UK to set out new energy supply strategy as prices soar

LONDON (Reuters) -Britain will set out a new energy supply strategy as the Russian invasion of Ukrai...

7th March, 2022

Image for UK tax authority withdraws winding up petitions for GFG Alliance units
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UK tax authority withdraws winding up petitions for GFG Alliance units

By Eric Onstad LONDON (Reuters) – Britain’s tax authorities have withdrawn petitions to wind up four...

7th March, 2022

Image for Sterling falls 1% versus dollar, rises against euro
Trading

Sterling falls 1% versus dollar, rises against euro

LONDON (Reuters) – Sterling declined 1% to $1.3216 as the dollar strengthened against a basket of cu...

4th March, 2022

Image for Russia-Ukraine – What this volatile backdrop means for businesses
Business

Russia-Ukraine – What this volatile backdrop means for businesses

By Neil Debenham The Covid-19 pandemic significantly affected businesses and induced numerous perman...

3rd March, 2022

Image for Sterling rises vs euro, focus on economy, rate hike bets
Trading

Sterling rises vs euro, focus on economy, rate hike bets

(Reuters) -Sterling rose against a weakening euro on Wednesday, with investors focusing on market be...

2nd March, 2022

Image for UK retailers raise prices by most since 2011 – BRC
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UK retailers raise prices by most since 2011 – BRC

LONDON (Reuters) – British shoppers were hit last month by the biggest price rises from major retail...

2nd March, 2022

Image for Sterling steadies with focus on Ukraine tensions and BoE speeches
Trading

Sterling steadies with focus on Ukraine tensions and BoE speeches

By Joice Alves LONDON (Reuters) – Sterling steadied on Tuesday against the euro and the dollar as in...

1st March, 2022

Image for BoE’s Mann: inflation fears drove vote for half point rate hike
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BoE’s Mann: inflation fears drove vote for half point rate hike

By David Milliken LONDON (Reuters) – Bank of England policymaker Catherine Mann said she voted for a...

25th February, 2022

Image for Sterling falls to 2-month low versus dollar, biggest drop since March 2020
Trading

Sterling falls to 2-month low versus dollar, biggest drop since March 2020

By Stefano Rebaudo (Reuters) -Sterling crashed against a surging dollar in its worst day since March...

24th February, 2022