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U.K. businesses polled in May expected to raise their prices at a faster rate, but wage increases were seen slowing, according to a Bank of England survey released Friday.

Deutsche Bank's Chief U.K. Economist Sanjay Raja discusses challenges in the labour market, saying companies are investing in digitalisation, automation and AI instead of hiring people.

The UK's main stock indexes started June on a weaker footing on Monday as investors assessed the economic impact of the ongoing Middle East conflict. Gains in several merger and acquisition-related stocks helped limit broader market losses.

Britain said shipowners and operators who recklessly damaged subsea internet cables could face tougher penalties, including prison sentences, under proposals to help deter Russia and other hostile states from sabotaging vital national infrastructure.

A carousel of leaders has taken its toll, driving up borrowing costs and dragging down investment.

Britain will sign a new defence and security treaty with Poland on Wednesday to strengthen defence cooperation in the face of increasing hostile threats across Europe, the government said, following similar deals with France and Germany.

The Royal International Air Tattoo, one of the world's largest defence shows, has been cancelled due to military operations linked to the Iran war, it said on Friday.

British finance minister Rachel Reeves on Thursday told supermarkets to pass on savings from reduced food tariffs in full to consumers, as she seeks to ease pressure on household budgets.

Fixed income continues to sell off across Europe which focuses investors' minds on UK April inflation. Crude prices slip on news that several tankers were able to exit the Strait of Hormuz.

UK equities moved higher on Tuesday after weaker labour market data eased concerns over an immediate interest rate hike from the Bank of England. The blue-chip FTSE 100 index rose 0.61% as of 11:13 am GMT, while the midcap FTSE 250 climbed 0.81%.

The unemployment rate edged up to 5.0%, with further rises expected in the coming months as the Iran war continues to weigh on the economy.

British finance minister Rachel Reeves plans to announce next week that she will postpone a planned rise in tax on motor fuel that is due to take place in September, the Sun newspaper reported late on Saturday.

Britain's government will set out more detailed proposals next week to relax bank regulations that had been designed to stop a repeat of the 2008 financial crisis, Sky News reported on Saturday.

British companies should take steps to plan for and mitigate risks from new artificial intelligence models, the country's finance ministry, the Bank of England and the Financial Conduct Authority regulator said on Friday.

UK shares fell on Friday as investors reacted to escalating political uncertainty over Prime Minister Keir Starmer's leadership and renewed inflation risks from rising oil prices. The benchmark FTSE 100 fell 1.20% by 10:58 am GMT, while the midcap FTSE 250 dropped 1.22%.

When global economies face one transitory shock after another, whether it's supply chain disruptions, the war in Ukraine or the war in Iran, are central banks equipped to deal with them? Bank of England's Megan Greene joins Tracy Alloway and Joe Weisenthal on the Odd Lots podcast to discuss the compounding effects of all these shocks and why, for now, she remains squarely focused on the risks of higher inflation.

Britain's government has committed to updating the law underpinning the ring-fencing regime, which requires banks to separate their retail business from riskier activities such as investment banking.

Jim O'Neill, former chairman of Goldman Sachs Asset Management and former U.K. treasury minister, discusses how the gilt market is responding to Britain's political uncertainty and the structural economic challenges the U.K. faces.

Japanese Prime Minister Sanae Takaichi plans to visit Britain and Italy before attending a Group of Seven leaders' summit in France in mid-June, broadcaster NTV reported on Wednesday, citing multiple unnamed government officials.

UK shares traded lower on Tuesday as investors assessed growing domestic political uncertainty surrounding Prime Minister Keir Starmer and renewed tensions in the Middle East. The blue-chip FTSE 100 fell 0.4% by 1053 GMT, while the midcap FTSE 250 dropped 1.2%.

The FTSE 100 Index retreated for the fourth consecutive day, reaching its lowest level since March 30th. It has dropped by over 6.30% from its highest point this year as geopolitical risks jumped.

Anna Edwards, Guy Johnson, Tom Mackenzie and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." Chapters: 00:00:00 - MLIV 00:00:05 - AI Tax: South Korea Floats 'Citizen Dividend' 00:00:59 - Kospi Market Check 00:01:34 - Katayama, Bessent on FX Policy 00:02:43 - UK Guilt Market -------- More on Bloomberg Television and Markets Like this video?

President Trump has threatened that all passenger vehicle imports from the European Union will face a 25% tariff starting next week.

Britain's financial watchdog said on Friday a tribunal hearing on legal challenges to its compensation scheme for mis-sold car loans was unlikely before October, and told lenders to prepare for a possibility that the scheme could be scrapped entirely.

The UK's benchmark FTSE 100 index edged lower on Friday as renewed tensions in the Gulf unsettled global markets, while investors also assessed early local election results that showed heavy losses for Prime Minister Keir Starmer's Labour Party. The blue-chip FTSE 100 index fell 0.1% to 10,261.38 points by 0947 GMT and was on track for a third consecutive weekly decline.

Median annual pay settlements offered by British private sector employers held steady in March, according to a survey published a week after the Bank of England left interest rates unchanged while it assesses inflationary pressure in the economy.

The FTSE 100 Index retreated for four consecutive days as UK government bond yields surged and after HSBC published a weak financial report. It dropped to £10,225 on Tuesday, down sharply from the year-to-date high of £10,935.

Both the ECB and the BoE decided to hold interest rates steady but warn that a June hike could be on the cards should inflation pressures connected to the Iran crisis escalate. The S&P 500 and Nasdaq notch their strongest month for six years as investors look beyond the Middle East and bet on Big Tech's A.I.

Bank of England Governor Andrew Bailey discusses why interest rates have been held in response to rising inflation driven by the Iran conflict.

UK equities moved lower on Wednesday as investors assessed a mixed set of corporate earnings while shifting focus toward upcoming global central bank decisions, including the policy outlook from the Bank of England. The blue-chip FTSE 100 index slipped 0.7% by 0950 GMT, marking its seventh decline in eight sessions.

The Euro Area indices continue to see a lot of noise, as we sold off quickly on Tuesday, only to turn things around.

European stocks are expected to open higher on Tuesday as investors track geopolitical developments and prepare for a busy earnings and central bank calendar. European markets point to modest gains According to market data from IG, the UK's FTSE 100 index is expected to open slightly higher.

Britain's financial regulator has launched a consultation on plans to scrap rules governing the publication of research during initial public offerings (IPOs) in its latest bid to boost the appeal of London as a listing venue.

London's benchmark FTSE 100 index edged higher on Monday, supported by gains in energy and financial stocks, while losses in consumer staples and mining sectors limited broader upside. Investors remained cautious ahead of major central bank decisions expected later this week.
