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UK

News - World

UK competition regulator targets Microsoft’s business software grip

Bermuda Broadcasting Newsdesk -
The Competition and Markets Authority launched an investigation in May into whether Microsoft's position in software used by around 20 million people a month...
Finance

UK’s FCA lifts bans on four former traders after benchmark-rigging convictions quashed

Bermuda Broadcasting Newsdesk -
The Financial Conduct Authority said it had lifted the bans on Colin Bermingham, Philippe Moryoussef, Jonathan Mathew and Christian Bittar, and had removed the...
Finance

UK stocks set for weekly gains as investors seek shelter in defensive sectors

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 index edged 0.08% lower to 10,831.70 points by 10:12 GMT, but was on track for its best week since early...
Finance

Sterling set for third weekly rise against euro, hits 3-week high vs dollar

Bermuda Broadcasting Newsdesk -
The pound hit its highest level against the dollar in more than three weeks on Friday and was set to snap a four-week losing...
News - World

Prince Harry and wife Meghan make first joint appearance since UK return

Bermuda Broadcasting Newsdesk -
Harry, the younger son of King Charles, and Meghan shocked the monarch and other members of the royal family when they relocated from California...
Finance

UK stocks close higher as weaker sterling boosts export-heavy sectors

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 index closed up 0.7% at 10,724.86 points, while the midcap FTSE 250 edged up 0.1% International News via Reuters: UK stocks ended...
Finance

LSEG taps Nvidia for faster historical market data processing

Bermuda Broadcasting Newsdesk -
LSEG, which operates the London Stock Exchange and provides data and analytics, has been expanding its offerings to support diverse demand whilst retaining licenses...
News - World

Nvidia pledges $250 million to UK AI safety research

Bermuda Broadcasting Newsdesk -
While Britain is not home to any major AI developers, it is seeking a leading role in evaluation and managing the risks posed by...
Finance

UK finance minister Healey to target online marketplaces in tax crackdown, The Times reports

Bermuda Broadcasting Newsdesk -
The move is expected to raise up to £1 billion ($1.33 billion) for the Treasury International News via Reuters: UK finance minister John Healey is expected to...
News - World

Bank of England’s Bailey says companies are focusing on costs

Bermuda Broadcasting Newsdesk -
While the BoE would take into consideration the resilience to date of the UK economy, Bailey said there were signs of companies taking a...
Finance

UK regulator FCA to publish whistleblower review in early 2027

Bermuda Broadcasting Newsdesk -
The FCA had been in contact with Andriesz over many years and his death sparked questions by lawmakers about whether it took his allegations...
News - World

Meta challenges UK online safety watchdog over how fees and fines are calculated

Bermuda Broadcasting Newsdesk -
The 2023 law allows Ofcom to impose fines of up to 10% of qualifying worldwide revenue, or £18 million ($23.9 million), whichever is greater,...
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