Edition:
United Kingdom

David Milliken

UK PM May tells businesses EU is committed to autumn Brexit deal

19 Oct 2018

LONDON British Prime Minister Theresa May told business leaders during a teleconference on Friday that EU politicians are committed to reaching a Brexit agreement this autumn, striking what one source told Reuters was an upbeat tone.

PM May tells businesses EU is committed to autumn Brexit deal

19 Oct 2018

LONDON British Prime Minister Theresa May told business leaders during a teleconference on Friday that EU politicians are committed to reaching a Brexit agreement this autumn, striking what one source told Reuters was an upbeat tone.

Slump in food shopping drags down UK retail sales

18 Oct 2018

LONDON A free-spending summer by British consumers came to an abrupt end last month with the biggest fall in sales in six months, raising questions about one of the main drivers of the economy ahead of Brexit, official figures showed.

Slump in food shopping drags down UK retail sales

18 Oct 2018

LONDON A free-spending summer by British consumers came to an abrupt end last month with the biggest fall in sales in six months, raising questions about one of the main drivers of the economy ahead of Brexit, official figures showed.

Bank of England's Cunliffe urges caution over signs of stronger pay

17 Oct 2018

LONDON British pay growth is struggling to exceed 3 percent and policymakers should not over-react to a recent improvement, Bank of England Deputy Governor Jon Cunliffe said on Wednesday, striking a more cautious tone than some of fellow policymakers.

UK workers see strongest growth in basic pay in nearly a decade

16 Oct 2018

LONDON The basic wages of workers in Britain rose at their fastest pace in nearly a decade over the summer months, backing up the Bank of England's view that a long period of weak pay increases is ending.

Ending austerity could push UK tax to highest since 1940s - IFS

16 Oct 2018

LONDON British taxes would need to rise to their highest since just after World War Two to sustainably meet Prime Minister Theresa May's goal of ending the austerity squeeze on public services, a think tank said ahead of her government's annual budget.

UK automation picks up as flow of European workers slows ahead of Brexit

15 Oct 2018

REDDITCH, England At Muller Precision Engineering's plant in Redditch, south of Birmingham, James Gibbs is in charge of three clattering pieces of machinery older than he is.

RPT-INSIGHT-UK automation picks up as flow of European workers slows ahead of Brexit

15 Oct 2018

* UK industry lags behind peers on automation and productivity

UK surveyors see weakest house price outlook since Brexit vote - RICS

11 Oct 2018

LONDON British surveyors are the most downbeat about house prices since the Brexit vote in 2016 with some unsettled by reports that Bank of England Governor Mark Carney warned ministers of a possible house price crash if Britain leaves the EU with no deal.

World News