United Kingdom

Sterling set for rise as UK economy bounces back in November

After two consecutive weekly declines, it is on track for a 0.3% weekly increase

Over the course of nine weeks, Prince Harry and other claimants will provide evidence to the High Court in London.

Prince Harry’s war against UK press reaches showdown with Daily Mail case

He and six other claimants are suing Associated Newspapers over years of alleged unlawful behaviour, including bugging phone lines

A final government decision on the embassy is due Tuesday, with Starmer’s trip to Beijing this month resting on the outcome.

Xi flexes power by tying Starmer’s China trip to embassy ruling

Since taking power in 2012, the Chinese president has made it his mission to show Beijing could no longer be pushed around by foreign powers

Sales expectations for the next three months hit their highest since October 2024 at +22 and optimism about the 12 months ahead more than doubled to +34.

UK surveyors turn more upbeat about housing market outlook

[LONDON] Britain’s housing market showed some signs of turning a corner last month as uncertainty about finance minister Rachel Reeves’ tax plans lifted and borrowing costs looked set to come down fur...

The Institute of Chartered Accountants in England and Wales (ICAEW) said its gauge of business confidence fell to -11.1 in the fourth quarter, its lowest since the end of 2022.

UK business confidence drops to 3-year low: survey

Business sentiment has fallen for six quarters in a row

Both temporary and permanent hiring in the UK are expected to remain muted this year, though permanent roles will suffer the most. 

UK recruiters face dire year with tough job market, AI threat

Rising costs, growing uncertainty crimped hiring in late 2025; and AI could disrupt the job market and make recruiters redundant

Reflecting worries about inflation, more than half of the people surveyed by Barclays said they planned to reduce spending on food and discretionary items this year.

UK consumers cut spending in December by most since 2021, Barclays says

[LONDON] Britain’s consumers reined in their spending in December by the most in almost five years, according to debit and credit card data from Barclays published on Tuesday, adding to other signs of...

The residential building activity subindex dropped to 33.5, the weakest reading since May 2020, when the pandemic halted construction work.

UK builders suffer longest downturn since global financial crisis

Many firms cite subdued demand and fragile client confidence, with delayed spending decisions resulting in weak sales

Tesla’s UK sales fell 8.9 per cent year-on-year in 2025.

Tesla UK car sales slump 29% in December as competition heats up: data

TESLA’S UK car registrations dropped by more than 29 per cent year-on-year in December, industry data showed on Tuesday, underscoring the intense competition faced by the US electric vehicle maker in ...

Preliminary figures from last month’s S&P Global Purchasing Managers’ Index also painted a picture of tentative improvements in morale across British boardrooms.

Major UK businesses grow slightly more optimistic post-budget

BRITISH company executives became a little more optimistic following finance minister Rachel Reeves’ budget and grew more willing to increase investment, although the mood overall stayed muted, a surv...