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UK

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BoE’s Pill calls for ‘prompt but modest’ rate hike to quell inflation pressure

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Pill, who cast the lone vote for an increase in borrowing costs at the BoE's rate-setting meeting in April, said policymakers needed to think...
Finance

UK stocks rise as strong economic growth offers relief amid political uncertainty

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The blue-chip FTSE 100 index ended 0.46% higher, while the mid-cap FTSE 250 rose 1.33% International News via Reuters: UK shares edged up on Thursday, as...
News - World

From ally to rival, Wes Streeting turns on UK PM Starmer

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The parallels were difficult to escape on Thursday when Streeting was the first senior minister to resign in order to call for a leadership...
News - World

King Charles visits Jewish area of London hit by antisemitic attacks

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The monarch met two victims of a recent stabbing attack when he made the unannounced visit to Golders Green International News via Reuters: King Charles was...
News - World

Starmer vows to fight on ahead of possible leadership challenge

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Starmer, who has repeatedly said he would fight to keep his job, has so far been unable to stem the tide of calls for...
News - World

China’s Ming Yang plans Europe factory after UK wind turbine snub

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Britain said in March it would not back the use of Ming Yang turbines in offshore wind projects around the country on security grounds,...
News - World

UK opens antitrust probe into Microsoft’s business software

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It would also look at how AI competitors were able to integrate with Microsoft's business software, it said International News via Reuters: Britain launched an antitrust...
News - World

UK’s shift to eating in drives profit growth for Premier Foods and Princes Group

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The trend for eating in to save money particularly benefited categories including cooking sauces, pasta, canned goods and meal solutions International News via Reuters: A shift...
News - World

UK economy posts strong Q1, but Iran war casts shadow over outlook

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Gross domestic product increased by 0.3% month-on-month in March, the Office for National Statistics (ONS) said, against expectations in a Reuters poll of economists...
News - World

UK regulator to toughen private credit reporting, sources say 

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The Financial Conduct Authority has told alternative asset managers, a sector that includes private credit and equity, about an overhaul of reporting requirements, the...
News - World

BoE’s Mann says sterling and gilt moves are key for her rate decisions

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British government 10-year gilt yields hit their highest since 2008 on Tuesday in response to pressure on Prime Minister Keir Starmer to resign from...
Finance

UK stocks close higher as miners, banks rebound

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The blue-chip FTSE 100 index closed 0.58% higher, while the mid-cap FTSE 250 rose 0.28% International News via Reuters: UK stocks ended higher on Wednesday, recovering...
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