By Khushi Singh (Reuters) -The UK’s main stock index hit over a three-month high on Friday, clocking gains for the topsy-turvy month, with real estate shares in the lead as interest rate-cut hopes held firm, while energy shares tumbled on demand concerns, capping intra-day gains. The blue-chip FTSE 100 index ended flat, but registered its …
FTSE 100 hits 3-month high amid rate-cut hopes; energy shares weaken Read More »
PARIS (Reuters) -The European Central Bank would be “wise” to deliver another interest rate cut in September, French policymaker Francois Villeroy de Galhau said, warning there was a risk of undershooting its inflation target if it waits too long. Inflation in the euro zone fell to its lowest level in three years in August, clocking …
ECB would be “wise” to cut rates in September, Villeroy says Read More »
By Suban Abdulla and Sarah Mills LONDON (Reuters) – Oasis tickets go on sale in Britain and Ireland on Saturday for the group’s long-awaited reunion, likely attracting old and new fans in a tour being billed as the “big event of 2025”. The Britpop band announced their comeback this week to much fanfare, 15 years …
Oasis fans on tenterhooks for tickets as reunion tour sales set to go live Read More »
By William Schomberg LONDON (Reuters) – British house prices unexpectedly fell in August for their first monthly drop since April but the outlook for the property market is likely to strengthen, Nationwide Building Society, a major mortgage lender, said on Friday. House prices slipped by 0.2% on the month, Nationwide said. Economists polled by Reuters …
UK house prices fall for first time since April, Nationwide says Read More »
By Naomi Rovnick LONDON (Reuters) -Sterling has hit roughly 2-1/2 years highs against the dollar and is flying high versus the euro, in moves analysts warn are underpinned by speculative interest rate bets that could unravel fast in markets still shaken by early August turmoil. At around $1.32, Britain’s pound has soared beyond most analysts’ …
Sterling’s stunning rally keeps twitchy currency markets on edge Read More »
LONDON (Reuters) – British Prime Minister Keir Starmer said on Thursday he supported the idea of banning smoking in some outdoor spaces, including pub gardens, as a way of reducing the pressure on the state-run National Health Service and the cost to taxpayers. While precise details would be worked out later, Starmer said 80,000 people …
UK PM Starmer supports tougher outdoor smoking rules to ease pressure on health service Read More »
By Sam Tobin LONDON (Reuters) -Joe Root’s 33rd test century salvaged a challenging day one for England as they reached the close on 358-7 in the second test against Sri Lanka at Lord’s on Thursday. Root survived a close lbw shout on 11, the decision going with umpire’s call on review, and nearly chopped on …
Cricket-Root’s 33rd test ton drags England to 358-7 against Sri Lanka on day one Read More »
By Khushi Singh and Ankika Biswas (Reuters) -The UK’s main stock index edged higher on Thursday, led by gains in the travel and mining sectors, while shares trading ex-dividend weighed on real estate and beverages. The blue-chip FTSE 100 index was up 0.4%, while the domestically focused mid-cap FTSE 250 dipped 0.2%, registering its third …
PARIS (Reuters) – French President Emmanuel Macron pledged on Thursday to deepen ties with Britain over defence, security, migration and energy after a meeting with Prime Minister Keir Starmer in Paris. Starmer and Macron “agreed on the importance of further strengthening and broadening the close relationship between the UK and France in the coming months,” …
Macron, Starmer pledge deeper ties between France and Britain Read More »
By Huw Jones and Sinead Cruise LONDON (Reuters) -The Bank of England said on Thursday it would set out its “near final” interpretation of Basel bank capital reforms aimed at shock-proofing global lenders on September 12 amid mounting speculation it could delay implementation until January 2026. Regulators began rolling out the Basel III rules after …
Bank of England to publish near-final Basel bank capital rules on Sept 12 Read More »
