Britain’s Finance Secretary Philip Hammond leaves 11 Downing Street, London, Britain, November 15, 2017. REUTERS/Toby Melville LONDON (Reuters) – British finance minister Philip Hammond’s budget statement this week will include measures to encourage the develo... More »
British industry had its strongest month so far this year in September, but more signs of strain on consumers and a plunge in construction were reminders that the economy looks set for a difficult 2018 as Brexit approaches. More »
British finance minister Philip Hammond's aim to run a budget surplus by the mid-2020s risks being thrown off track next month if official forecasters rein in rosy assumptions about long-run growth, a leading think tank warned on Monday. More »
There is a whiff of betrayal in the air across Britain's Brexit heartlands where many impatient voters fear Prime Minister Theresa May is going soft on implementing last year's decision to leave the European Union. More »
European Union’s chief Brexit negotiator Michel Barnier and his delegation and Britain’s Secretary of State for Exiting the European Union David Davis and his delegation attend a first full round of talks on Britain’s divorce terms from the European Union, in ... More »
Britain’s Prime Minister Theresa May and Chancellor of the Exchequer Philip Hammond tour the Renishaw innovation and engineering plant in Wootton, south west England, in Britain, November 24, 2016. REUTERS/Toby Melville Britain’s defense minister on Thursday d... More »
Workers cross Westminster Bridge during the morning rush hour in London in Britain, November 28, 2016. REUTERS/Toby Melville Half of British employers think the country’s attractiveness as a place to invest and hire will diminish over the next five years as it... More »
A sign promoting ‘Black Friday’ is seen in the window of a store in Oxford Street, London, Britain November 24, 2016. REUTERS/Peter Nicholls British retailers reported strong online demand in early “Black Friday” trading, as shoppers chased deals in a spending... More »
The Federal Reserve Building stands in Washington April 3, 2012. REUTERS/Joshua Roberts/File Photo Clues on future U.S. policy under Donald Trump rather than economic data are likely to dominate minds and markets in the week ahead, given a U.S. interest rate h... More »
Britain’s Chancellor Philip Hammond arrives at Downing Street in central London, Britain October 31, 2016. REUTERS/Stefan Wermuth Britain will only start to lower public debt as a share of GDP at the end of the decade due to a Brexit-related hit to the economy... More »
Britain’s Prime Minister Theresa May holds a news conference after the EU summit in Brussels, Belgium October 21, 2016. REUTERS/Eric Vidal – RTX2PV88 For decades, Britain’s bankers have relied on their industry’s outsized status in the economy to find a recept... More »
A builder assembles scaffolding as he works on new homes, in south London June 3, 2014. REUTERS/Andrew Winning/Files Britain launched a 5 billion-pound ($6.5 billion) homebuilding stimulus package on Monday, including plans to borrow 2 billion pounds to help a... More »
Dutch Finance Minister and Eurogroup President Jeroen Dijsselbloem reacts during a European Union finance ministers meeting in Brussels, Belgium, July 12, 2016. REUTERS/Francois Lenoir Multinational companies should refrain from tax-avoidance practices and pay... More »
LONDON Britain wants to reach a new settlement with the European Union as fast as possible, Foreign Secretary Philip Hammond said, the Financial Times reported on Friday. Prime Minister David Cameron, who won an outright majority in a general election last wee... More »
