Bonds Decline After Powell, Hong Kong Stocks Rise: Markets Wrap
Bond yields climbed after Federal Reserve Chair Jerome Powell signaled patience before cutting interest rates further and as ...
UK Recession Fears Mount With Data Set to Show Economy Shrinking
The UK economy may have shrunk in the fourth quarter, putting Britain back on the brink of recession and piling more pressure ...
Reeves in the Red After UK Watchdog Downgrades Growth Call (1)
Rachel Reeves faces a new risk of having to make spending cuts after the UK government’s fiscal watchdog downgraded its growth forecast, leaving Britain’s finance minister scrambling to meet her ...
Taxman Failing to Tackle Billions of Pounds of Fraud, MPs Say
Britain’s tax collectors are likely to be significantly underestimating illegal avoidance and not doing enough to tackle the ...
UK’s £13 Billion Bond Sale Smashes Records for Size, Demand
The UK sold a record £13 billion ($16 billion) of 10-year bonds after attracting the highest-ever demand for such securities ...
UK’s Reeves Says ‘Deal to Be Done’ With US on Steel Levies
Chancellor of the Exchequer Rachel Reeves said she believes the UK can strike an agreement with the US to avoid tariffs on ...
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LONDON BRIEFING: BP profit declines and says to "fundamentally reset"
In early UK corporate news, BP reported a profit decline ahead of a key strategy update later this month. Gambling firm Entain said its chief executive has stepped down after less than six months in ...