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UK

Finance

Sterling slips with economic data, tariff uncertainty in focus

Bermuda Broadcasting Newsdesk -
Last week saw investors in UK assets rattled by ambiguities around the health of public finances International News via Reuters: Sterling slipped on Monday in a...
Finance

UK equities mixed as investors assess tariff-related updates, company news

Bermuda Broadcasting Newsdesk -
Oil and gas stocks weighed on the index, dropping 2.6%, with energy giant Shell losing almost 3% International News via Reuters: London's main stock indexes were...
Finance

Sterling heads for weekly loss as fiscal concerns loom

Bermuda Broadcasting Newsdesk -
The pound was flat and last fetched $1.36, while against the euro it inched 0.1% lower and was last at 86.26 pence International News via...
Finance

Welfare cuts U-turn shows extent of UK’s fiscal challenges, S&P says

Bermuda Broadcasting Newsdesk -
S&P has a "stable" outlook on its AA UK credit rating International News via Reuters: The inability of Britain's government to make cuts to welfare spending...
News - World

In new threat to UK’s Labour, former leader Corbyn in talks to start new party

Bermuda Broadcasting Newsdesk -
Corbyn, an avowed socialist who took control of the party in 2015, was its most left-wing leader in a generation International News via Reuters: The former...
Finance

UK shares fall amid domestic fiscal worries, looming tariff deadline

Bermuda Broadcasting Newsdesk -
Global markets were subdued after Trump said Washington will start sending letters with tariff rates to countries International News via Reuters: London's main stock indexes fell...
News - World

Tesla’s UK sales jump in June from a year earlier, data shows

Bermuda Broadcasting Newsdesk -
Tesla sold 7,719 units in June, up 14% from a year earlier, according to the SMMT International News via Reuters: Tesla's new car sales in Britain...
Finance

Sterling steadies after selloff, fiscal worries prevail

Bermuda Broadcasting Newsdesk -
Sterling edged up 0.1% to $1.365 after sinking 0.8% in the previous session International News via Reuters: Sterling edged higher on Thursday, stabilising after fiscal...
News - World

UK services sector grows at fastest pace since August, PMI shows

Bermuda Broadcasting Newsdesk -
Prices charged by services firms increased at the weakest rate since February 2021 International News via Reuters: British services sector activity expanded at the fastest rate...
Finance

UK bonds suffer biggest selloff since October 2022 as worries build over finance minister

Bermuda Broadcasting Newsdesk -
Sterling dropped by more than 1% against the dollar, set for its largest one-day decline since mid-June International News via Reuters: British government bond prices fell...
Finance

U-turns wipe out UK welfare savings and strain budget, analysts warn

Bermuda Broadcasting Newsdesk -
The government backed down on its plan to make it harder to claim the Personal Independence Payment International News via Reuters: Prime Minister Keir Starmer's...
Finance

BoE’s Taylor warns soft landing for UK economy at risk, sees more rate cuts

Bermuda Broadcasting Newsdesk -
Charts published in Taylor's speech showed interest rates could fall to around 2.25% International News via Reuters: Bank of England policymaker Alan Taylor said on Wednesday...
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