Reuters UK Business

LONDON (Reuters) -Britain’s ruling Labour Party remains committed to its pre-election tax pledges, including on income tax, minister Nick Thomas-Symonds told Sky News on Friday, ahead of next month’s budget. Reeves and Prime Minister Keir Starmer told voters before last year’s election that they would not raise the rates of social security contributions, value added …

UK government stands by its pledge on income tax, minister says Read More »

ZURICH (Reuters) -Swiss President Karin Keller-Sutter declined to say whether her country could this year strike a deal on tariffs with U.S. President Donald Trump, following trade tensions that have strained relations between the two nations. “It’s not possible to forecast,” Keller-Sutter said in a Tages-Anzeiger newspaper interview published on Friday when asked about the …

Swiss president strikes cautious note on prospects for US tariff deal in 2025 Read More »

(Reuters) -British veterinary services provider CVS Group said it plans to move its listing from the Alternative Investment Market to the London Stock Exchange’s Main Market, while also approving a new 20 million pound ($26.84 million) share buyback. The board believes the Main Market listing would broaden the company’s investor base, improve liquidity, and position CVS …

UK’s CVS Group plans Main Market move, approves near $27 million buyback Read More »

A look at the day ahead in European and global markets from Rocky Swift Friday brings a moment of calm before the storm. A host of summits, earnings and central bank events loom next week. The focus before the weekend will be U.S. consumer price data for September, a lone economic light shining through the …

Morning Bid: Spotlight on CPI before APEC whirlwind Read More »

BRUSSELS (Reuters) -Belgian Prime Minister Bart De Wever said on Thursday that his country needs concrete and solid guarantees before supporting a plan to use frozen Russian assets to fund a giant loan to Kyiv, pointing out that the plan is “unchartered territory”. Belgium’s position is critical, as the assets in question are held by …

Belgium demands concrete guarantees before backing use of frozen Russian assets for Ukraine Read More »

(Reuters) -Britain’s car production fell a sharp 27% in September, industry data showed on Friday, as an unprecedented cyberattack halted production for several weeks at Jaguar Land Rover, the country’s largest carmaker. The cyberattack, classified as a category three systemic event due to its widespread impact, cost the British government an estimated 1.9 billion pounds ($2.55 …

UK car production fell by a quarter in September amid JLR cyberattack Read More »