HeyJaredWilliam Schomberg
- Indexed articles, last 90 days
- 5
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- Sep 16, 2026
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- Jul 16, 2026
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UK inflation hits 3.1% but data offers some relief for BoE (opens the original)
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LONDON, Sept 16 (Reuters) - British inflation accelerated to a five-month high of 3.1% in August, but measures excluding surging energy prices held stable, official figures showed on Wednesday, a day before the Bank of England is expected to keep interest rates on hold. The increase in the annual headline rate was in line with forecasts by economists polled by Reuters, who predicted it would be impacted by the resumption of conflict in the Gulf. Further increases are likely in the coming month
UK's finance minister Healey walks fiscal tightrope before first budget (opens the original)
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By William Schomberg, Kate Holton and Elizabeth Piper LONDON, Sept 7 (Reuters) - Britain's new finance minister John Healey, a former trade unionist who has backed light-touch rules for banks, must soon decide on the right balance for a budget that could be the defining moment for Andy Burnham's premiership. Bond investors want to see how the 66-year-old advances Burnham's ambitions — from house-building and social care to defence — while keeping fiscal discipline. Ahead of his debut budget on
UK economy gains from Gulf ceasefire, World Cup and sunshine (opens the original)
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LONDON, Aug 13 (Reuters) - Britain's economy unexpectedly grew in June as companies enjoyed a respite from the energy price surge caused by the Iran war, the start of the men's soccer World Cup and hot weather, official data showed on Thursday. Gross domestic product rose by 0.3% during the month, putting Britain on course for the strongest growth among the Group of Seven rich economies in the first half of 2026, after being flat in May. "Overall, the economy seems to have weathered the Iran war
UK economy gains from Gulf ceasefire, World Cup and sunshine (opens the original)
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LONDON, Aug 13 (Reuters) - Britain's economy unexpectedly grew in June as companies enjoyed a respite from the energy price surge caused by the Iran war, the start of the men's soccer World Cup and hot weather, official data showed on Thursday. Gross domestic product rose by 0.3% during the month, putting Britain on course for the strongest growth among the Group of Seven rich economies in the first half of 2026, after being flat in May. "Overall, the economy seems to have weathered the Iran
UK economy claws back some growth as Burnham prepares to take power (opens the original)
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LONDON, July 16 (Reuters) - Britain's economy eked out minimal growth in May as the services industry expanded but other sectors shrank, suggesting fragile confidence among businesses against the backdrop of the Iran war and a change of prime minister at home. Gross domestic product expanded by 0.1% in May, in line with the median forecast in a Reuters poll of economists and reversing a 0.1% fall in April, official data showed on Thursday. Services output expanded by 0.3% on the month but indu
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