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UK

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Britain’s Lloyds reports forecast-beating 5% rise in first-half profit

Bermuda Broadcasting Newsdesk -
Lloyds shares rose 1.5% in early trading, outperforming a 0.3% gain in the benchmark FTSE 100 index International News via Reuters: Lloyds Banking Group reported an...
News - World

Payments firm Corpay to buy UK’s Alpha Group in $2.2 billion private markets push

Bermuda Broadcasting Newsdesk -
Alpha will help the Atlanta-based company boost its presence in Europe International News via Reuters: Corpay will buy British peer Alpha Group in a $2.2 billion...
News - World

UK steps up scrutiny of Apple and Google over mobile platforms

Bermuda Broadcasting Newsdesk -
Apple and Google's mobile platforms hold an "effective duopoly", with around 90-100% of UK mobile devices running on their mobile platforms International News via Reuters: Britain...
News - World

UK police on alert for immigration protests near London this weekend

Bermuda Broadcasting Newsdesk -
The protests occurred outside the Bell Hotel in Epping, about 20 miles north of London, that has been used to house asylum seekers International News...
News - World

Iberdrola launches $5.9 billion capital increase to fund growth in US, Britain

Bermuda Broadcasting Newsdesk -
The planned investment represents a 75% increase over the previous six years International News via Reuters: Europe's largest utility Iberdrola launched a five billion euro ($5.87...
News - World

Billionaire Ortega buys stake in UK’s PD Ports from Brookfield

Bermuda Broadcasting Newsdesk -
Brookfield will remain invested in the business as a long-term shareholder International News via Reuters: Zara founder Amancio Ortega's investment vehicle Pontegadea Inversiones has agreed to...
Finance

UK equities mixed as investors assess corporate earnings, await key data

Bermuda Broadcasting Newsdesk -
The benchmark FTSE 100 was flat by 0944 GMT, after registering a record closing high on Monday International News via Reuters: London's main stock indexes were...
Finance

Sterling holds on to gains, investors mull rise in borrowing

Bermuda Broadcasting Newsdesk -
Britain borrowed more than expected in June as high inflation added to the government's debt costs International News via Reuters: The pound steadied on Tuesday, consolidating...
News - World

Bank of England’s Bailey says rise in borrowing costs is not just a UK issue

Bermuda Broadcasting Newsdesk -
Bailey was speaking to the Treasury Committee alongside other members of the BoE's Financial Policy Committee International News via Reuters: Bank of England Governor Andrew Bailey...
News - World

OpenAI and UK sign new AI agreement to boost security, infrastructure

Bermuda Broadcasting Newsdesk -
The Microsoft-backed AI startup will also expand its London office International News via Reuters: The UK government said it signed a strategic partnership with OpenAI on...
News - World

UK court to rule on how much HP owed by late Mike Lynch’s estate over Autonomy deal

Bermuda Broadcasting Newsdesk -
HP sued Lynch and Autonomy's former chief financial officer, Sushovan Hussain, in 2015 International News via Reuters: London's High Court will on Tuesday give its long-awaited...
News - World

Britain secures $2.7 billion investment from South Korea’s Shinhan

Bermuda Broadcasting Newsdesk -
The investment builds on a previous commitment made in 2023 International News via Reuters: Britain said on Monday that it had secured a 2 billion pound...
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