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UK

News - World

British recruiter Hays beats annual profit expectations on cost cuts

Bermuda Broadcasting Newsdesk -
Globally recruiters are cutting costs to bolster profits as geopolitical tensions and AI-driven efficiencies weigh on hiring, with firms preferring shorter-term contracts as they...
Finance

London stocks gain as gold miners shine

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 index edged up 0.1% to 10,743.35 points, while the midcap FTSE 250 climbed 0.3% to 24,643.52 points International News via Reuters: London...
News - World

UK’s Smith+Nephew CFO John Rogers to step down for external role

Bermuda Broadcasting Newsdesk -
The departure follows Smith+Nephew's decision weeks ago to cut its annual revenue growth forecast after second-quarter sales missed expectations due to weak U.S. knee...
News - World

UK employers raise pay by least in 10 months, Brightmine says

Bermuda Broadcasting Newsdesk -
The median pay award by employers fell to 3.2% in the three months to the end of July, down from 3.3% in the previous...
News - World

Britain’s energy price cap to hit three-year high in October, Cornwall Insight says

Bermuda Broadcasting Newsdesk -
The forecast comes after data on Wednesday showed a previous increase in energy bills pushed British inflation ​to a four-month high in July International News...
News - World

UK’s Pinewood Technologies​ to go private in $739 million Ridgeview deal

Bermuda Broadcasting Newsdesk -
Under the terms of the deal, Pinewood shareholders will receive £4.48 per share in cash, representing a 43% premium to the company's closing share...
News - World

Virgin Atlantic and Trainline under UK watchdog scrutiny over pricing

Bermuda Broadcasting Newsdesk -
Shares in Trainline, the only listed company of the three firms, were down nearly 17% to 202.4 pence at 1108 GMT, underperforming the wider...
News - World

UK inflation picks up after July surge in household energy bills

Bermuda Broadcasting Newsdesk -
Annual consumer price inflation rose to 2.9% in July from a 15-month low of 2.6% in June, the Office for National Statistics said on...
Finance

London’s FTSE 100 slips after inflation report; Smith+Nephew drops

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 index fell 0.1% to 10,711.52 points by 0926 GMT, while the midcap FTSE 250 slipped 0.3% to 24,483.70 points International News...
Finance

Bank of England to hold rates for remainder of year despite inflation risks: Reuters poll

Bermuda Broadcasting Newsdesk -
The UK economy has remained mostly resilient since then, with little evidence of any spillover from higher energy prices into the broader economy International News...
News - World

UK labour market loses more momentum in second quarter

Bermuda Broadcasting Newsdesk -
Private sector regular earnings — watched by the BoE as a gauge of domestic inflation pressure — rose by 2.8% in annual terms during...
Finance

UK shares fall as miners retreat, labour market cools

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 index was 0.1% lower at 10,711.29 points by 0948 GMT, slipping for the seventh straight session, while the midcap FTSE...
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