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UK

Finance

London’s FTSE 100 inches lower on Middle East deal doubts

Bermuda Broadcasting Newsdesk -
The internationally focussed FTSE 100 index fell 0.1% by 0923 GMT, while the midcap FTSE 250 rose 0.4% International News via Reuters: The UK's blue-chip FTSE...
Finance

BoE’s Bailey sees no rush to act on interest rates

Bermuda Broadcasting Newsdesk -
Bailey said past increases in oil prices meant British inflation looked likely to rise to around 3.2% later this year from 2.8% in May,...
News - World

Food and transport systems are likely to take longer than energy markets to recover

Bermuda Broadcasting Newsdesk -
In what is most likely his last major policy announcement, Starmer said the plan had been sharpened and went further than a previous document...
News - World

Britain must invest £89 billion to upgrade power grid, operator says

Bermuda Broadcasting Newsdesk -
The latest National Energy System Operator estimate represents a rise of around 53% from a plan announced in 2024 International News via Reuters: Britain must invest...
Finance

Sterling snaps three-day winning streak vs dollar, holds firm vs euro

Bermuda Broadcasting Newsdesk -
Moves were muted, but sterling snapped a three-day run of gains against the dollar and was last down 0.2% at $1.3233 International News via Reuters: The...
News - World

UK asylum seekers face £10,000 charge before they can apply to settle

Bermuda Broadcasting Newsdesk -
Immigration is one of the most contested issues in British politics, consistently ranking among voters' top concerns in opinion polls and at times fuelling...
Finance

UK defence plan delay stifles military supply base

Bermuda Broadcasting Newsdesk -
Prime Minister Keir Starmer is finally expected to publish the Defence Investment Plan on Tuesday, one of his final acts before he steps down...
News - World

UK mortgage approvals fall by most since December 2023, Bank of England data shows

Bermuda Broadcasting Newsdesk -
The BoE said on Monday that 56,205 mortgages were approved last month, down from 66,034 in April International News via Reuters: British lenders approved the fewest...
Finance

London stocks dip ahead of Burnham speech

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 index fell 0.2% by 0949 GMT, while the midcap FTSE 250 slipped 0.1% International News via Reuters: UK shares inched lower on...
Finance

Sterling set for best week against euro since mid-May, ignores politics for now

Bermuda Broadcasting Newsdesk -
Sterling rose around 0.2% to $1.3219 as the dollar edged down against all major currencies after a strong performance this week International News via Reuters: Britain's...
News - World

King Charles will not live at Buckingham Palace after refit, officials say

Bermuda Broadcasting Newsdesk -
Officials at the same time disclosed the king paid £12.9 million ($17.04 million) in tax in 2024/25 — the first time the figure has...
News - World

UK sets new June temperature record as Europe’s deadly heatwave maintains its grip

Bermuda Broadcasting Newsdesk -
French and British authorities warned busy people to adapt their daily routines to avoid the risk of over-heating International News via Reuters: Britain hit a record...
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