Wednesday, August 19, 2026

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UK

Sterling holds steady as dollar stays under pressure

Sterling was last flat on the dollar at $1.3471 having gained 0.47% on Monday as the U.S. currency took a hit from investor concerns...

Former UK government minister Zahawi defects to Reform from Conservatives

Zahawi, who had a short spell in charge of the nation's finances under former prime minister Boris Johnson in 2022, becomes the latest in...

UK regulator launches investigation into X over Grok sexualised imagery

The regulator is under pressure to act after Prime Minister Keir Starmer said the images produced by Grok were "disgusting" and "unlawful" International News via...

London’s FTSE 100 dips as sterling strengthens amid Trump-Powell tensions

The blue-chip FTSE 100 was down 0.07% by 1032 GMT International News via Reuters: London's FTSE 100 fell on Monday as a stronger sterling pressured the...

Sterling rallies vs dollar, flat against euro as risk premium unwinds

The greenback fell sharply as the unprecedented move raised concerns about the U.S. currency's safe-haven status International News via Reuters: Sterling rallied against the U.S. dollar...

Britain to develop new ballistic missile for Ukraine’s defense

Under the project, the British government said it has launched a competition to rapidly develop ground-launched ballistic missiles that could carry a 200 kg...

UK says NATO talks on deterring Russia in the Arctic ‘business as usual’

The Telegraph reported on Saturday that military chiefs from Britain and other European countries were drawing up plans for a possible NATO mission in...

London stocks rise as Glencore jumps on Rio merger talks

Glencore shares were up 10% and touched their highest since July 2024, while Rio fell 2.2% International News via Reuters: London stocks edged higher on Friday,...

UK’s Sainsbury’s faltering non-food sales dent festive grocery cheer

General merchandise and clothing sales within Sainsbury's fell 1.1% and sales were down 1% in the Argos business over the 16 weeks to January...

UK expected to soften business rates rise for pubs

Pubs, part of the fabric of communities across Britain for hundreds of years, had demanded specific relief after finance minister Rachel Reeves announced changes...

Britons splurge on food, cut back on gifts as retailers warn of tough 2026

December's solid food sales offered some relief for major retailers, but lingering caution and stubborn inflation cloud the outlook for 2026 International News via Reuters: Britons...

UK house prices rise by least since March 2024, Halifax data shows

Prices unexpectedly fell in month-on-month terms, dropping by 0.6% in December after falling 0.1% in November International News via Reuters: British house prices rose by a...
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