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UK

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London stocks slide as rising gilt yields weigh; Reckitt gains

Bermuda Broadcasting Newsdesk -
The export-focused FTSE 100 index dropped 1% to a two-week low of 10,725.6 points by 1019 GMT, while the domestically-focused FTSE 250 declined 1.9%...
News - World

UK mortgage approvals fall to lowest since January 2024, Bank of England data shows

Bermuda Broadcasting Newsdesk -
The BoE said lenders approved 56,053 mortgages in July, the lowest since January 2024, below all forecasts in a Reuters poll of economists that...
Finance

LSEG plans tokenised UK shares, partners with Kraken-owner Payward

Bermuda Broadcasting Newsdesk -
The move marks the latest push by the London Stock Exchange to embrace crypto assets, after announcing in February that it would build a...
Finance

UK stocks close higher after Warsh’s comments

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 rose 0.3% to 10,824.26 points, ending the week nearly flat International News via Reuters: UK stocks closed higher on Friday as investors...
Finance

London stocks tick higher ahead of Warsh’s Jackson Hole speech

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 rose 0.1% to 10,807,89 points by 1054 GMT, on course to end the week nearly flat International News via Reuters: UK stocks...
Finance

Sterling heads for weekly loss, focus on Jackson Hole symposium

Bermuda Broadcasting Newsdesk -
The British pound eased about 0.1% at $1.3582 to a more than one-week low and was set for a weekly drop of 0.4% International News...
News - World

Google agrees to settle UK app developers’ lawsuit for $353 million

Bermuda Broadcasting Newsdesk -
The claim, which was previously valued at just over £1 billion, sought compensation on behalf of developers who sold apps on Google's Play Store...
News - World

Number of UK young people not in work or education drops under 1 million

Bermuda Broadcasting Newsdesk -
Since the COVID-19 pandemic, the proportion of 16-24 year-olds outside the job market or education has risen to one of the highest in Europe International...
News - World

Russia says it could strike UK military targets in response to Kyiv’s use of British missiles

Bermuda Broadcasting Newsdesk -
The warning, delivered by Russian Foreign Ministry spokeswoman Maria Zakharova at a news briefing in Moscow, was the strongest of is kind yet from...
Finance

Britain’s FTSE 100 slips as Nvidia optimism fails to lift market

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 index fell 0.5% to 10,820.66 points by 1000 a.m. GMT, while the midcap FTSE 250 slipped 0.04% International News via Reuters: London's...
Finance

Sterling slips as investors pare BoE rate hike bets ahead of Jackson Hole

Bermuda Broadcasting Newsdesk -
The British pound dipped 0.1% to $1.3578 on Thursday, retreating from last week's six-month high International News via Reuters: Sterling eased to a one-week low against...
News - World

Cryptocurrency chief facing extradition from UK to US on fraud charges

Bermuda Broadcasting Newsdesk -
Manpreet Kohli, a 45-year-old Indian national, was the leader of Saitama, a company that promoted a token on the ethereum blockchain, which at one...
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