(Reuters) – Britain’s Co-operative Group reported a sharp drop in its interim profit on Thursday, as the supermarkets-to-funerals provider continued to face supply chain snags, and higher wage and energy…
LONDON (Reuters) -British Prime Minister Liz Truss defended her economic plan that has roiled financial markets, saying on Thursday she was willing to take “controversial” steps to reignite growth and…
By William James, Huw Jones and Sinead Cruise LONDON (Reuters) -British finance minister Kwasi Kwarteng sought to reassure investment bank executives on Wednesday the government had sound fiscal plans, in…
LONDON (Reuters) – Britain’s manufacturers association on Thursday slashed its forecast for growth in factory output next year, citing huge uncertainty around demand and energy prices. Make UK downgraded its…
LONDON (Reuters) -British Prime Minister Liz Truss and U.S. President Joe Biden agreed on Wednesday that Russian President Vladimir Putin’s actions highlight the need for allies to continue their economic…
LONDON (Reuters) -British supermarket group Sainsbury’s is in talks to sell 18 stores in southern England to property investor LXi REIT for about 500 million pounds ($568 million). Both companies…
Liz Truss Becomes The UK’s Next Prime Minister Micaela Burrow on September 5, 2022 Foreign Secretary Liz Truss received the most votes to become the United Kingdom’s next Conservative prime…
(Reuters) – Britain’s business minister Kwasi Kwarteng believes Liz Truss will make it her aim to get to 2.5% trend growth, if appointed as the prime minister, he wrote in…
LONDON (Reuters) -More than 1,900 workers at Britain’s biggest container port are due on Sunday to start eight days of strike action which their union and shipping companies warn could…
LONDON (Reuters) – Foreign Secretary Liz Truss remains far ahead of leadership rival Rishi Sunak in the race to become Britain’s next prime minister, a YouGov poll for Sky News…
LONDON – Liz Truss, the front-runner to become Britain’s next prime minister, plans to rush through tax cuts earlier than planned in an attempt to boost the country’s flagging economy,…
LONDON – The Bank of England says it will act forcefully if needed to stop the surge in inflation from turning into a long-term problem, meaning it could deliver a…
LONDON – British leadership candidate Rishi Sunak said on Monday that excessive government borrowing in the face of rising inflation and interest rates would be unwise as he set out…
(Reuters) – U.S. Treasury Secretary Janet Yellen highlighted a proposed price cap on Russian oil on a phone call with British Finance Minister Nadhim Zahawi on Tuesday, a move to…
LONDON – Legislation allowing Britain to scrap some of the rules on post-Brexit trade with Northern Ireland cleared the final stage of its passage through parliament’s lower House of Commons…
LONDON – Britain’s Boris Johnson and his wife, Carrie, are changing the location of a planned wedding party, an ally of the prime minister said on Friday, denying allegations that…
LONDON – British Prime Minister Boris Johnson said on Saturday he was confident of the legality of his government’s plan to send some asylum seekers to Rwanda after the first…
LONDON – British Prime Minister Boris Johnson on Thursday said that the surge in inflation meant the government could not simply spend more to support people through the cost-of-living crisis,…
LONDON – British Prime Minister Boris Johnson on Thursday said that the surge in inflation meant the government could not simply spend more to support people through the cost-of-living crisis,…
LONDON – Prime Minister Boris Johnson warned Britain on Thursday there was no quick fix to the instability prompted by Russia’s invasion of Ukraine but that the economic consequences of…
LONDON (R<?xml version=”1.0″ encoding=”utf-16″?>euters) – British retailer John Lewis Partnership announced the first three locations where it wants to build rental homes, part of its diversification plan to generate 40%…
LONDON – Prime Minister Boris Johnson promised lawmakers a new economic plan for growth next week, a Conservative Party source said on Monday after the British leader addressed his party…
By James Davey LONDON – Shareholders in Sainsbury’s will get to vote on a resolution at next month’s annual meeting calling for Britain’s second biggest supermarket group to commit to…
LONDON – British supermarket Sainsbury’s said on Monday it was stepping up its efforts to keep a lid on prices and it would spend 500 million pounds ($631.4 million) over…
LONDON – A tight labour market and an energy price shock are causing inflationary pressures, Britain’s finance minister Rishi Sunak said on Friday, adding that he felt confident in the…