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UK shop price inflation slows despite costs pressures, BRC says

UK shop price inflation slows despite costs pressures, BRC says

LONDON, Sept 29 (Reuters) - British shop price inflation slowed slightly in September despite rising costs pressures on retailers caused by the Iran ‌war, according to a survey on Tuesday from the British Retail Consortium which urged the government to do more to help.
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UK consumer lending rises at fastest pace since 1993, BoE says

UK consumer lending rises at fastest pace since 1993, BoE says

LONDON, Sept 29 (Reuters) - Unsecured lending to British households rose at the fastest annual pace since at least 1993 in August, Bank of England data showed on Tuesday, in a sign that household demand remains solid ahead of potential tax rises in October's budget.
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Healey vows to get 'Britain working again', offers few budget clues

Healey vows to get 'Britain working again', offers few budget clues

By Alistair Smout and Andy Bruce LIVERPOOL, England, Sept 28 (Reuters) - Finance minister John Healey pledged on Monday to "get Britain working again", vowing to create more jobs while bringing down borrowing and sticking to the government's fiscal rules.
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Battered bond market braces for a new era of interest rates

Battered bond market braces for a new era of interest rates

By Dhara Ranasinghe, Sophie Kiderlin and Naomi Rovnick LONDON, Sept 29 (Reuters) - The world's biggest sovereign bond markets are heading for their worst month in years as soaring energy costs fan inflation and the AI boom lifts economic growth, leaving investors positioning for an era where
ReutersReuters
UK long-run inflation expectations near 15-month high in September, Citi/YouGov survey shows

UK long-run inflation expectations near 15-month high in September, Citi/YouGov survey shows

LONDON, Sept 28 (Reuters) - Long-term public inflation expectations in Britain came close to their highest level in more than a year in September, adding to pressure on the Bank of England as it considers whether to raise interest rates, a survey from U.S. bank Citi and pollsters YouGov showed on
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UK's Healey puts defence in focus for reindustrialisation push

UK's Healey puts defence in focus for reindustrialisation push

LIVERPOOL, England, Sept 28 (Reuters) - British finance minister John Healey will put his support firmly behind firms investing in defence on Monday, part of what he will describe as a new industrialisation drive to try to spur the nation's anaemic economic growth.
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Andy Burnham pledges a big shakeup for Britain in a high-risk political speech

Andy Burnham pledges a big shakeup for Britain in a high-risk political speech

Prime Minister Andy Burnham has vowed to give Britain “a new social contract for the 21st century.”
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UK business morale hits 17-month low, Lloyds says

UK business morale hits 17-month low, Lloyds says

LONDON, Sept 30 (Reuters) - British firms turned the least confident since April 2025 in September, according to a Lloyds survey on Wednesday that also showed executives' view of the global economic outlook darkened as the Iran war pushes up costs.
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Andy Burnham pledges a radical shake-up for Britain in a high-risk political speech

Andy Burnham pledges a radical shake-up for Britain in a high-risk political speech

Prime Minister Andy Burnham has vowed to give Britain “a new social contract for the 21st century.”
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Bank of England's Taylor views case for rate hike as 'not compelling'

Bank of England's Taylor views case for rate hike as 'not compelling'

LONDON, Sept 29 (Reuters) - The case for raising interest rates will remain weak until high energy prices translate into clearer signs of inflation spreading across the broader economy, Bank of England Monetary Policy Committee member Alan Taylor said on Tuesday.
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Iran denies involvement in US-run airbase plot after UK nationals held

Iran denies involvement in US-run airbase plot after UK nationals held

By Toby Shepheard FAIRFORD, England, Sept 28 (Reuters) - Iran denied involvement on Monday in a suspected plot to attack a British airbase used by the United States to strike Iranian sites, and police said five men arrested over explosives and terrorism offences were British nationals.
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Andy Burnham brings good vibes to Labour’s annual conference but tough choices are coming

Andy Burnham brings good vibes to Labour’s annual conference but tough choices are coming

British Prime Minister Andy Burnham has been in office for two months, and his party seems content for now