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UK

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British Gas owner Centrica to cut 1,300 jobs, flags slower trading arm growth

Bermuda Broadcasting Newsdesk -
The job cuts, some of which have already been completed, include a proposed reduction of about 500 staff in customer operations and fewer outsourced...
News - World

Britain’s new prime minister hands pubs business rates cut

Bermuda Broadcasting Newsdesk -
Since taking power on Monday, Burnham has also said he will remove a tax from domestic electricity bills and cap bus fares, eager to...
Finance

London’s FTSE 100 muted as miners offset energy gains, ECB decision in focus

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 index fell 0.04% to 10,712.83 points by 1050 GMT, while the midcap FTSE 250 slipped 0.3% International News via Reuters: Britain's FTSE...
Finance

Pound steady as investors eye oil prices, ECB decision 

Bermuda Broadcasting Newsdesk -
Sterling was trading flat at $1.338, on pace for its first monthly gain against the dollar in three months International News via Reuters: The pound held...
Finance

UK’s FTSE 100 up over 1% as commodity stocks rally; BoE rate path, Mideast tensions in focus

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 index closed 1.2% higher at 10,717 points, briefly hitting its highest in over four months International News via Reuters: London's FTSE 100...
News - World

UK’s Bloomsbury among beneficiaries of $1.5 billion Anthropic copyright lawsuit settlement

Bermuda Broadcasting Newsdesk -
Bloomsbury said a U.S. court identified 14,087 of its titles covered by the settlement, with proposed compensation of about $3,000 per title, split equally...
News - World

Former Lloyd’s of London CEO breached conduct rules, investigation rules

Bermuda Broadcasting Newsdesk -
One year after Neal's departure after more than six years as CEO, a drawn-out investigation found that the relationship had been "sufficiently close during...
News - World

UK house prices rose by 2.7% in year to May, ONS data shows

Bermuda Broadcasting Newsdesk -
Average UK monthly private rents increased by 3.3% in the year to June, matching the pace in the 12 months to May, the ONS...
News - World

UK’s Burnham targets cheaper bus fares in cost-of-living drive

Bermuda Broadcasting Newsdesk -
Burnham wants to move quickly to show people he can improve their lives, after becoming Britain's seventh prime minister in 10 years in an...
News - World

UK inflation slows in temporary boost for new PM Burnham

Bermuda Broadcasting Newsdesk -
Consumer prices rose by 2.6% in annual terms in June — the weakest increase since March 2025 and down from 2.8% in May International News...
Finance

Britain’s FTSE 100 climbs on metals and energy gains; Middle East in focus

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 index rose 0.9% to 10,684.33 points by 1010 GMT, while the midcap FTSE 250 climbed 0.1% International News via Reuters: London's FTSE...
Finance

Pound holds firm as soft UK inflation leaves rate-hike bets intact

Bermuda Broadcasting Newsdesk -
Sterling was trading flat at $1.3373, after depreciating for the last four sessions International News via Reuters: The pound held steady against the dollar on Wednesday...
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