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UK

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UK retailers report sales drop, biggest cutback in orders on record: CBI

Bermuda Broadcasting Newsdesk -
The CBI's headline distributive trades balance, which measures activity compared with a year earlier, fell to -55 to -48 in August International News via Reuters: British...
News - World

Winter will be key for judging UK inflation risks, BoE’s Dhingra says

Bermuda Broadcasting Newsdesk -
Dhingra said Britain was not experiencing the kind of broad-based price rises that occurred in 2022, when energy prices jumped in response to Russia's...
Finance

UK stocks fall as lack of progress in US-Iran talks lifts oil prices

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 index fell 0.05% to 10,700.05 points by 1007 GMT, while the midcap FTSE 250 slipped 0.60% International News via Reuters: London shares...
Finance

Sterling hits near 3-month low against the dollar

Bermuda Broadcasting Newsdesk -
The British currency is on track for its fourth straight daily fall against the greenback, which is hovering around two month-highs International News via Reuters: Sterling...
News - World

Burnham backs lifting restrictions on alcohol at English soccer matches

Bermuda Broadcasting Newsdesk -
The consumption of alcohol in the stands of the top five tiers of English men's soccer has been banned since 1985, when fighting between...
News - World

BofA forecasts two BoE rate hikes as energy prices stoke inflation concerns

Bermuda Broadcasting Newsdesk -
The shift follows last week's BoE meeting where policymakers struck a firmer tone on inflation risks, particularly those stemming from a recent surge in...
Finance

Pound caught in three-day slide as dollar rallies broadly

Bermuda Broadcasting Newsdesk -
Growth in British business activity cooled this month and inflation pressure built, a survey showed on Wednesday International News via Reuters: The pound fell for a...
News - World

Burnham wants ‘Made in Europe’ plan to involve Britain

Bermuda Broadcasting Newsdesk -
The Made in Europe policy aims to curb reliance on Chinese components by prioritising European-made goods – a worry for the British auto industry...
Finance

Sterling steady after report says Iran may reopen Hormuz

Bermuda Broadcasting Newsdesk -
The disruption of the crucial shipping route has strained global oil supplies and posed a serious challenge for nations such as the UK, which...
News - World

UK’s Burnham heads to US with pragmatism in mind for Trump meeting

Bermuda Broadcasting Newsdesk -
Burnham, a former mayor of Greater Manchester in northwestern England with limited experience of foreign affairs, is expected to meet Trump for the first...
Finance

UK indexes climb as banks lead gains, oil prices retreat

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 index rose 0.73% to 10,737.66 points by 0932 GMT after declining almost 1.5% in the last session International News via Reuters: London shares climbed...
Finance

Pound dips as focus stays on interest rates

Bermuda Broadcasting Newsdesk -
Sterling fell 0.1% to $1.338. It was also down slightly against the euro, with the single currency up 0.1% at 85.78 pence International News via...
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