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UK

Finance

UK’s FTSE 100 flat as energy gains offset banks; Burnham set to become prime minister

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 index rose 0.04% to 10,576.97 by 1043 GMT, while the midcap FTSE 250 slipped 0.4% International News via Reuters: London's FTSE 100...
Finance

Sterling hovers around two-month high as fiscal concerns ease

Bermuda Broadcasting Newsdesk -
Britain's economy eked out minimal growth in May as the services industry expanded but other sectors shrank, suggesting fragile confidence among businesses International News via...
News - World

Britain nationalises British Steel to protect domestic steelmaking

Bermuda Broadcasting Newsdesk -
The move is the latest in a series of measures Britain has taken to support its steel industry, including a new set of tariffs...
News - World

UK’s incoming prime minister Burnham to name Mahmood as finance minister, FT reports

Bermuda Broadcasting Newsdesk -
Mahmood has little economic policy experience and has taken a tough line on immigration, but she is further to the right in the governing...
News - World

Incoming UK budget office head sees higher interest rates and weaker growth than consensus

Bermuda Broadcasting Newsdesk -
Britain's exposure to the jump in energy prices caused by the Iran war could cause high inflation to become embedded in the economy for...
News - World

Thames Water’s fate hangs on Burnham as cash runs out

Bermuda Broadcasting Newsdesk -
Burnham, who will become Britain's new Prime Minister within days, has previously argued that public ownership is the best option for Thames Water International News...
News - World

UK’s Reform calls for ‘full security’ for lawmakers after politician’s murder

Bermuda Broadcasting Newsdesk -
At a news conference, Zia Yusuf, Reform's home affairs policy chief, accused other politicians and the media of fuelling hostility against the party, which,...
Finance

UK’s FTSE 100 slips on Middle East tensions, miners drag

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 index fell 0.1% to 10,515.73 points by 1013 GMT, while the midcap FTSE 250 slipped 0.09% International News via Reuters: London's FTSE...
Finance

Sterling steadies near one-year high against euro

Bermuda Broadcasting Newsdesk -
Other factors supporting the currency include an easing of domestic political uncertainty, resilient growth and record inbound takeover activity for British companies International News via...
News - World

Saba Capital becomes top shareholder at UK’s Workspace amid reforms push

Bermuda Broadcasting Newsdesk -
A filing on Tuesday showed that Saba has raised its stake in Workspace to 29.1% from 28.2% International News via Reuters: Saba Capital Management has become...
News - World

Outgoing UK PM Starmer given France’s top honour by President Macron

Bermuda Broadcasting Newsdesk -
Starmer, who is due to step down on July 20 having lost the confidence of his Labour Party, has worked closely with Macron during...
News - World

UK police say former minister Widdecombe’s murder was a targeted attack

Bermuda Broadcasting Newsdesk -
Local police arrested a white British man late on Saturday on suspicion of her murder International News via Reuters: British counter-terrorism police said on Tuesday that...
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