Today: November 03, 2024
Today: November 03, 2024

UK economy

Business|Economy|Finance

UK house prices edge up in October, Nationwide says

British house prices rose by a marginal 0.1% in October, slowing sharply from a 0.6% monthly increase in September but the market remained resilient and was likely to gain momentum

UK house prices edge up in October, Nationwide says
Business|Economy|Finance

BoE rate cut adds to sense of turnaround in sluggish UK economy

The Bank of England's first interest rate cut in more than four years will help to foster a cautious sense of optimism about Britain's long-struggling economy,

BoE rate cut adds to sense of turnaround in sluggish UK economy
Business|Economy|Europe|Finance|News

Bank of England rate cut boosts comeback factor for UK markets

Big investors are growing more confident about a comeback for neglected UK assets, with the Bank of England's move to cut interest rates from a 16-

Bank of England rate cut boosts comeback factor for UK markets
Business|Economy|News

UK house prices rise by most since Dec 2022, Nationwide data shows

British house prices were 2.1% higher than a year earlier in July, the biggest annual increase since December 2022, although they are still below peaks reached

UK house prices rise by most since Dec 2022, Nationwide data shows
Business|Economy|Finance|News

UK pay growth slows but remains high for Bank of England

Wages in Britain grew a bit more slowly but still increased at a pace that would normally be too strong for the Bank of England, leaving in doubt

UK pay growth slows but remains high for Bank of England
Business|Economy|Europe|News

UK housing market stays muted but optimism builds, RICS survey shows

Britain's housing market remained soft in June but surveyors were more positive about the outlook following this month's parliamentary elections and with interest rates likely to

UK housing market stays muted but optimism builds, RICS survey shows
Business|Election|Europe|News

London midcaps touch more than two-year highs as Labour Party returns to power

Britain's domestic-focused stocks logged their best week in more than five months on Friday after a landslide election win by the Labour Party raised

London midcaps touch more than two-year highs as Labour Party returns to power
Election|Europe|Political

Twitchy, Truss-scarred UK bond market awaits a Labour government

A bond market crisis that rocked Britain's economy two years ago cast a long shadow over the country's election and will linger as Keir Starmer's Labour government

Twitchy, Truss-scarred UK bond market awaits a Labour government
Business|Economy|News

UK shop price inflation weakest since October 2021, retailers say

Prices in British shops rose at the slowest pace in almost three years last month, according to industry figures that underscore how inflation has cooled even if Prime Minister

UK shop price inflation weakest since October 2021, retailers say
Business|Economy

Election uncertainty pushes UK business growth to 7-month low

British businesses are expanding at the slowest pace since the economy was in recession last year, as some companies put big decisions on hold until after the

Election uncertainty pushes UK business growth to 7-month low
Business|Economy|Europe|Finance|News|Stock Markets

UK markets jolted back to life by rate cut hopes, election buzz

Traders upped bets for a Bank of England rate cut in August, helping to underpin a pre-election rally for UK stocks and government bonds even

UK markets jolted back to life by rate cut hopes, election buzz
Business|Economy|Finance

Bank of England keeps main interest rate at 16-year high of 5.25% despite inflation fall

The Bank of England has kept its main interest rate at a 16-year high of 5.25%, even though inflation has fallen to its target of 2%

Bank of England keeps main interest rate at 16-year high of 5.25% despite inflation fall
Business|Economy|Europe

UK politicians urge Anglo to rethink fertiliser project halt

UK politicians are calling on Anglo American to rethink halting its work at the Woodsmith fertiliser project in northern England, part of an asset overhaul Anglo announced after

UK politicians urge Anglo to rethink fertiliser project halt
Business|Economy|Europe|Finance|News|Stock Markets

Biggest owner of UK stocks warns LSE against weaker listing rules

The biggest collective owners of UK shares have warned the London Stock Exchange against weakening its listing rules and governance

Biggest owner of UK stocks warns LSE against weaker listing rules
Business|Economy|Finance|News

Bank of England edges closer to rate cut, possibly in June, as it predicts below-target inflation

The Bank of England is keeping its main U.K. interest rate at a 16-year high of 5.25% though it gave a broad hint that a reduction could be on the cards as soon as June as inflation is forecast to fall below target

Bank of England edges closer to rate cut, possibly in June, as it predicts below-target inflation
Business|Economy|Finance|News

Bank of England's Haskel says looser labour market key for 2% inflation

More slack in Britain's labour market is needed to be confident that inflation will stay at 2%, Bank of England policymaker Jonathan Haskel said on Tuesday.

Bank of England's Haskel says looser labour market key for 2% inflation
Business|Economy|Finance

Sterling nears three-month high; UK consumers more upbeat

The pound rose on Friday nearing its highest in almost three months, lifted in part by a broad-based retreat in the dollar, but also by a rise in UK bond yields

Sterling nears three-month high; UK consumers more upbeat
Business|Economy|Finance|News

UK inflation falls by more than expected in February, triggering talk of lower interest rates

Price rises in the U.K. eased by more than anticipated in February, raising expectations that the Bank of England may start cutting interest rates in the next few months

UK inflation falls by more than expected in February, triggering talk of lower interest rates

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