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UK

News - World

Bailey defends BoE decision to reduce gilt holdings

Bermuda Broadcasting Newsdesk -
Writing in The Times, Bailey said the BoE's past purchases of government debt, known as quantitative easing (QE), had been crucial in supporting the...
Finance

UK stocks edge higher as US-Iran peace deal boosts sentiment

Bermuda Broadcasting Newsdesk -
Brent Crude prices fell nearly 5% after officials from Washington and Tehran said they had reached an agreement to end the three-month-long conflict, which...
Finance

Sterling nudges higher as US and Iran agree on preliminary deal

Bermuda Broadcasting Newsdesk -
Precise terms were not immediately known, and questions remained about the fate of Tehran's nuclear program, which has been a key issue in negotiations International...
News - World

UK tax authority wins appeal in dispute with Bolt that could affect Uber

Bermuda Broadcasting Newsdesk -
Bolt had argued in its £190 million dispute with HM Revenue and Customs that it was liable to charge value added tax of 20%...
News - World

UK PM Starmer says he has not lost authority, will fight to stay in job

Bermuda Broadcasting Newsdesk -
The comments come a day after defence minister John Healey delivered a fresh blow to the prime minister's already weakened leadership by quitting and...
News - World

Soccer-Former Watford player and manager Jackett dies at 64

Bermuda Broadcasting Newsdesk -
The Wales international was born in Watford and joined the club - where his father Frank Jackett had also played - at the age...
News - World

Channel Tunnel owner threatens legal action against UK over tax hike

Bermuda Broadcasting Newsdesk -
Eurotunnel is owned by Paris-based transport and infrastructure operator Getlink, which also runs car and lorry train services through the tunnel between England and...
Finance

Britain’s main indexes gain over 1% on hopes of Middle East peace deal

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 index rose 1.1% to 10,414.02 points by 1059 GMT, while the midcap FTSE 250 climbed 1.5% International News via Reuters: Britain's shares...
News - World

UK public inflation expectations surged after Iran war, BoE says

Bermuda Broadcasting Newsdesk -
The public's median expectation for the rate of inflation in the year ahead increased to 4% from 3.2% in February International News via Reuters: The British...
News - World

UK defence minister quits, says Starmer not spending enough to keep country safe

Bermuda Broadcasting Newsdesk -
The resignation, accompanied by a scathing public letter, is another indication that Starmer's authority is draining away and exposes the crisis at the heart...
News - World

UK minister says violence in Northern Ireland is racist thuggery

Bermuda Broadcasting Newsdesk -
Hilary Benn said there was less disorder on the streets of Belfast on Wednesday night as opposed to Tuesday, when rioters targeted ethnic minorities...
Finance

UK regulator shutters payments firm on money laundering concerns

Bermuda Broadcasting Newsdesk -
Euro Exchange Securities UK Ltd, the London arm of an electronic money and payments firm with U.S. and Spanish businesses, now has to ensure...
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