Reuters UK Business

Frontier debt risks ‘going dark’ amid high costs and creative deals

14 Oct 2025

By Libby George and Karin Strohecker LONDON/WASHINGTON (Reuters) -The need for emerging economies to be more transparent about their debt is one issue uniting wealthy countries and multilateral lenders in a fractious, divided world where the international order and development finance face pressure. The World Bank in June launched a call for “radical” debt transparency …

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Morning Bid: Dancing ship-to-ship

14 Oct 2025

A look at the day ahead in European and global markets from Gregor Stuart Hunter: Container ports are the new economic battlegrounds. As negotiations between the U.S. and China intensify, the two nations will from today begin charging port fees on ocean shipping firms that move everything from toys to crude oil. S&P 500 futures erased …

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Rio Tinto says strong year-end iron ore push needed as China demand surges

14 Oct 2025

(Reuters) -Rio Tinto said on Tuesday it needs a strong year-end finish to meet its iron ore shipment target, even as Chinese demand gathered pace as global economies front-loaded investment ahead of looming tariffs. Iron ore prices have surged to their highest levels since February, driven by targeted infrastructure stimulus in China that boosted steel …

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UK warns business leaders as ‘highly significant’ cyber incidents rise 50%

14 Oct 2025

By James Pearson LONDON (Reuters) -British cyber incidents classed as “highly significant” have risen by 50% over a year ago, the head of the country’s National Cyber Security Centre (NCSC) will say on Tuesday.    A series of cyber attacks in recent months has knocked some of Britain’s biggest brands, including Marks & Spencer, Co-op …

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UK consumer spending slows ahead of Reeves budget, retailers say

14 Oct 2025

LONDON (Reuters) -British consumer spending grew by the least in four months in September as uncertainty ahead of finance minister Rachel Reeves’ budget next month and rising energy bills deterred shoppers, a survey showed on Tuesday. The British Retail Consortium said spending in shops increased by 2.3% in annual terms, below August’s 3.1% growth and …

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Airlines face price-gouging by green jet fuel sellers, IATA says

14 Oct 2025

By Joanna Plucinska and Tim Hepher LONDON/PARIS (Reuters) -Fuel suppliers are using European Union green jet fuel mandates to inflate costs for airlines through surcharges, nearly doubling prices compared with market rates, the head of airlines body IATA said in an interview, calling for policy reform. The EU began requiring airlines to use more sustainable …

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British government to tweak planning overhaul to boost economic growth

13 Oct 2025

LONDON (Reuters) -The British government said it will make changes to its proposals to overhaul the planning system aimed at making it more pro-growth, in a move that may mitigate mounting fiscal pressures ahead of the government’s budget due next month. Prime Minister Keir Starmer has vowed to “back the builders, not the blockers” and …

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German authorities nix 1,400 websites used for cybertrading fraud

13 Oct 2025

BERLIN (Reuters) -German investigators and banking watchdog BaFin have shut down over 1,400 illegal domains in Eastern Europe that were involved in cybertrading fraud, officials said in a joint statement on Monday. Dubbed Operation Heracles, the probe was conducted by Baden Wuerttemberg state criminal police and BaFin, Europol and Bulgarian authorities in an effort to …

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Safran CEO says company on ‘good path’ to catching up on engine delays

13 Oct 2025

PARIS (Reuters) -The chief executive of Safran said on Monday the French engine maker is “on a good path” towards catching up on engine delays to Airbus by the end of this month. Asked whether CFM International, jointly owned by Safran and GE Aerospace, would send through enough engines to allow Airbus to meet its …

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