William Schomberg

Thursday 13 Mar 2025

13 Mar 2025, 08:00 am

UK housing market has weakest month since late 2023, RICS survey showsBritain's housing market had its slowest month in more than a year in February as a rush by buyers to close deals ahead of the expiry of a tax break ran out of steam, a survey published on Thursday showed.

By William Schomberg / Reuters

13 Mar 2025, 08:00 am

17 Feb 2025, 08:00 am

UK housing market starts to feel the drag from tax change, Rightmove saysA run-up in asking prices for newly listed homes in Britain has lost steam ahead of an increase in property purchase taxes, according to a survey published on Monday.

By William Schomberg / Reuters

17 Feb 2025, 08:00 am

06 Jan 2025, 08:00 am

Musk turns on UK's Farage and says he should quit as Reform party leaderLONDON (Jan 5): Elon Musk said Nigel Farage should quit as leader of Britain's right-wing Reform UK party in an abrupt withdrawal of support by the US billionaire for the Brexit campaigner, who is trying to shake up the British political establishment again.

By William Schomberg / Reuters

06 Jan 2025, 08:00 am

02 Jan 2025, 08:00 am

UK factories report sharpest contraction in nearly a year, PMI showsBritish factory activity shrank at the fastest pace in 11 months in December and manufacturers cut staffing levels due to higher taxes and weak foreign demand, a survey showed on Thursday, the latest in a string of weak readings on the economy.

By William Schomberg / Reuters

02 Jan 2025, 08:00 am

Economic Focus

18 Dec 2024, 08:00 am

UK inflation hits eight-month high but underlying pressures steady British inflation hit an eight-month high in November, but the rise in services prices — watched closely by the Bank of England as an underlying measure of inflationary pressures — held steady, offering the central bank a little bit of relief.

By William Schomberg & David Milliken / Reuters

18 Dec 2024, 08:00 am

Economic Focus

17 Dec 2024, 08:00 am

UK pay growth speeds up, adding to worries for Bank of EnglandBritish pay rose by more than expected in the three months to October, official data showed on Tuesday, prompting investors to further rein in bets on Bank of England interest rate cuts next year, despite warning signs of a slowdown in the economy.

By William Schomberg & Suban Abdulla / Reuters

17 Dec 2024, 08:00 am

Economic Focus

16 Dec 2024, 08:00 am

UK factories take fright as budget adds to cost pressures, survey showsLONDON (Dec 16): British manufacturers have reported the sharpest loss of confidence since the start of the Covid-19 pandemic, in the face of higher costs including tax increases by the new government, a group representing the sector said on Monday.

By William Schomberg / Reuters

16 Dec 2024, 08:00 am

Economic Focus

10 Jun 2024, 08:00 am

UK job market on its way back after downturn, recruiters sayA fall in permanent hiring by employers in Britain was its least severe in more than a year in May and the recruitment market appears to be poised for a recovery, an industry survey showed on Monday.

By William Schomberg / Reuters

10 Jun 2024, 08:00 am

21 Dec 2021, 08:00 am

UK offers £1 billion to firms hit hardest by OmicronBritain announced on Tuesday £1 billion (US$1.3 billion) of extra support for businesses hit hardest by the wave of Omicron variant coronavirus cases, which is hammering the country's hospitality sector and other businesses.

By William Schomberg & James Davey / Reuters

21 Dec 2021, 08:00 am

29 May 2020, 08:00 am

UK to tell employers to help fund Covid-19 job safety netLONDON (May 29): British finance minister Rishi Sunak will tell employers today how much they must contribute to the government's hugely expensive wage subsidy programme from August, a prospect that some firms say will lead to more job losses. Sunak will say companies must pay betw...

By William Schomberg / Reuters

29 May 2020, 08:00 am

Intel names Malaysian-born chip industry veteran Lip-Bu Tan as its next CEO

DHL to hire hundreds in Malaysia if shipping loophole nixed

Sapura Energy to undergo additional due diligence as precondition for RM1.1b capital injection — PM

Hextar World at Empire City secures major tenants ahead of 4Q2025 launch

Saliran Group turns lower immediately after ekeing out tiny gain in first ever trade on ACE Market

IEA sees global oil market surplus for 2025 as demand disappoints

UK corporate distress at highest since Covid, report says

Thai business group urges PM to negotiate with US amid tariff fears

Deutsche Bank bonuses rise to decade high on trading, deals

Sin-Kung to launch air cargo services in 3Q following Prima Air acquisition completion

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