Reuters UK Domestic

UK companies see rising revenue but wary of investment – BCC

LONDON (Reuters) – British companies are a bit more optimistic about sales growth this year after a largely flat 2023 but remain wary about increasing investment, according to a survey published on Wednesday. The British Chambers of Commerce (BCC) said 56% of respondents expected turnover to grow over the next 12 months, up from 53% …

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No pre-vote deals with Conservatives, says UK’s right-wing Reform party

LONDON (Reuters) – Britain’s right-wing Reform UK party pledged on Wednesday to bring down the “toxic Tories”, saying it would do no deals with the governing Conservatives who fear Reform could draw votes from some of their traditional supporters. With a national election expected this year, the Conservatives and opposition Labour Party have all but …

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Sterling holds steady before US data, nursing Tuesday’s heavy loss

By Harry Robertson LONDON (Reuters) – The pound held steady on Wednesday, nursing the previous day’s steep losses as investors waited for U.S. economic data that could shift markets. Sterling was last flat against the dollar at $1.2624, after falling 0.87% the previous day in its biggest one-day drop since mid-October. It was slightly higher …

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UK company bosses turn gloomier about economy – IoD survey

LONDON (Reuters) – British business leaders have turned more pessimistic about the outlook for the country’s economy and they are holding back on investment decisions, according to a survey published on Wednesday. The Institute of Directors’ (IoD) confidence index – which maps the gap between business leaders who are optimistic about the economy and those …

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UK government defends claim to have cleared ‘legacy’ asylum backlog

LONDON (Reuters) – Britain’s government on Tuesday defended its claim that it had met a pledge on processing asylum claims, after opponents cited the government’s own figures as evidence the target had not been met. Britain is expected to hold an election this year in which immigration policy will be a central campaign issue. The …

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UK saw second-warmest year on record in 2023, says Met Office

LONDON (Reuters) -Britain experienced its second-warmest year on record in 2023, the Met Office national weather service said on Tuesday, pointing to the growing impact of human-induced climate change on the country’s average temperatures. Provisional figures from the Met Office showed last year’s mean temperature of 9.97 degrees Celsius fell just below 2022’s 10.03 C …

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Analysis-Sterling runs into economic and election hurdles after stellar year

By Alun John LONDON (Reuters) – Sterling just had its best year against the dollar since 2017, yet a weakening economy and election uncertainty make a repeat performance unlikely. It is not hard to see why investors flocked back to Britain’s currency after it hit a record low only 16 months ago: the economy did …

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Number of migrants arriving to Britain in small boats drops 36% in 2023

LONDON (Reuters) -The number of migrants who arrived illegally in Britain in small boats in 2023 was 29,437, provisional government figures showed, around 36% lower than the previous year. In 2022 a record 45,775 people were detected arriving on small boats to England’s southern beaches after making the dangerous journey across the Channel, one of …

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Eurostar service to resume on Sunday after floods caused outages

PARIS/LONDON (Reuters) -Eurostar train services linking London with Paris, Brussels and Amsterdam will fully resume on Sunday, the company said in a statement late on Saturday, after flooding in railway tunnels in southeastern England forced mass cancellations. “There will be some speed restrictions in place in the morning which may lead to delays, and stations …

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England goalkeeper Earps, Glastonbury’s Eavis named in king’s New Year honours

(This Dec. 29 has been refiled to remove an extraneous word in paragraph 1) LONDON (Reuters) – England women’s goalkeeper Mary Earps, Glastonbury music festival founder Michael Eavis and the widow of children’s author Roald Dahl were among hundreds of people recognised by Britain in King Charles’ New Year honours list. The trio were among …

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