Reuters UK Business

DUBLIN (Reuters) -Irish consumer prices rose 2.7% year-on-year in September from 1.9% a month earlier, a flash estimate of the Harmonised Index of Consumer Prices showed on Tuesday. That is the highest rate recorded by the index since January 2024, but the Central Statistics Office’s Anthony Dawson noted in a statement that the growth was …

Irish inflation hits 20-month high of 2.7% in September, flash estimate shows Read More »

LONDON (Reuters) -Banks borrowed 5.085 billion pounds ($6.84 billion) from the Bank of England at its weekly indexed long-term repo for six-month funds on Tuesday, the greatest amount since March 2020 when there was a surge of demand at the start of the COVID-19 pandemic. The BoE has been seeking to increase usage of the …

Bank of England allots highest amount at 6-month repo since 2020 Read More »

By John Revill ZURICH (Reuters) -The Swiss National Bank ramped up foreign currency purchases during the second quarter, data showed on Tuesday, as the central bank reacted to appreciation pressure on the Swiss franc after President Donald Trump announced tariffs on U.S. imports in April. The central bank’s purchase of 5.06 billion Swiss francs ($6.36 …

Trump tariffs led Swiss National Bank to increase foreign currency purchases Read More »

PARIS (Reuters) -French nuclear operator EDF said on Tuesday it had received notice that a strike by its workers this week will now start on Tuesday evening and last through to October 2. The previous notice said the strike was expected to start late Wednesday and last 24 hours. Recent strikes have cut power supply …

French utility EDF says 48-hour strike will now start late Tuesday Read More »

HELSINKI (Reuters) -The European Central Bank should take bold action to make the euro “a trusted global anchor of stability,” ECB policymaker Olli Rehn said on Tuesday. His words echo a message by ECB President Christine Lagarde, who in June said the euro’s global status needed to be cemented given the global context of trade …

ECB’s Rehn urges action to make the euro an ‘anchor of stability’ Read More »

(Refiles to fix dateline, with no changes to text) (Reuters) -Lufthansa shares dropped over 4% on Tuesday, more than erasing gains from its capital markets day, as some brokers raised doubts over the achievability of its mid-term targets. JPMorgan called the airline’s goals “ambitious” and said execution risks could mean one or two transition years …

Lufthansa shares drop as brokers question goals Read More »

ROME (Reuters) -Italian EU-harmonised consumer prices (HICP) rose by a preliminary 1.3% month-on-month in September, with annual inflation increasing to 1.8%, data showed on Tuesday. The reading was slightly above a median forecast in a Reuters survey of 8 analysts, which pointed to an increase of 1.1% month-on-month and a year-on-year rise of 1.7%. Official …

Italy September EU-harmonised CPI rises to 1.8% y/y, slightly above forecast Read More »

By Amanda Cooper LONDON (Reuters) -The pound edged up on Tuesday, but still headed for its fourth monthly loss against the euro and its first loss since July against the dollar, where short-term action has been dominated by the risk of a U.S. government shutdown.   U.S. President Donald Trump and his Democratic opponents appeared to …

Sterling rises against shutdown-focussed dollar; set for fourth monthly loss on euro Read More »