UK housing demand seen recovering on clearer post-budget outlook
Budget clarity seen removing key obstacle for buyers Analysts see pent-up demand lifting spring sales HBF warns UK…
From two weeks to two hours: how AI might reboot Britain’s economy
AI offers upside for UK’s services-heavy economy Efficiency improvements are key to outlook Productivity problems overshadow November 26…
Moody’s affirms UK’s Aa3 rating ahead of budget
Nov 21 (Reuters) – Global ratings agency Moody’s affirmed the United Kingdom’s Aa3 rating on Friday, citing the…
Energy bills to edge higher for most Britons after 0.2% price cap rise
Ofgem increases domestic price cap by 0.2% due to higher policy costs Government under pressure to unveil measures…
BoE’s Pill does not expect much shift in rate view given high pay growth
LONDON, Nov 18 (Reuters) – Bank of England Chief Economist Huw Pill said on Tuesday that he did…
Man jailed for stealing Banksy’s ‘Girl with Balloon’ painting
LONDON, Nov 14 (Reuters) – A man who stole one of British street artist Banksy’s best-known paintings, “Girl…
UK’s commitment to fiscal rules crucial for credit rating, Fitch says
LONDON, Nov 14 (Reuters) – The UK government’s commitment to its own fiscal rules to balance the budget…
Pension funds reject UK Plc proposal to get savers into local stocks
Pension industry warns against UK investment drive Executives have urged UK finance minister to boost domestic share purchases…
UK firms plan 3% pay rises in coming year, see AI hit to jobs, survey shows
LONDON, Nov 10 (Reuters) – British employers expect to raise wages by 3% in the next 12 months,…
Investors bet on ‘joy postponed’ with a BoE cut in December
Policymakers voted 5-4 to keep rates at 4% Analysts had expected a 6-3 split in favour of no…
UK savers pulling cash from pensions ahead of budget, money managers say
Item 1 of 2 People carrying British Union Jack flag themed umbrellas walk past the Houses of Parliament…
Getty Images largely loses landmark UK lawsuit over AI image generator
LONDON, Nov 4 (Reuters) – Getty Images largely lost its landmark lawsuit against artificial intelligence company Stability AI…