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UK

Finance

UK’s FTSE 100 rises as miners jump, Airtel Africa hits record

Bermuda Broadcasting Newsdesk -
The commodity-heavy FTSE 100 index closed 0.36% higher, while the midcap FTSE 250 index slipped 0.18% International News via Reuters: The UK's blue-chip FTSE 100 rose...
News - World

Britain to take powers to fully nationalise British Steel, Starmer says

Bermuda Broadcasting Newsdesk -
Starmer said his government would bring in new legislation to allow it to take ownership of the steelworks based at Scunthorpe, northern England, ensuring...
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UK’s Starmer says he will not walk away and vows to prove doubters wrong

Bermuda Broadcasting Newsdesk -
In a speech that was light on new policies but filled with pleas to his party and personal attacks on his opponents, he said...
News - World

Starmer vows to fight on after Labour punished in polls across Britain

Bermuda Broadcasting Newsdesk -
Just under two years after winning a landslide national election, Starmer saw voters punish his Labour government, with support evaporating even in its traditional...
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Bank of England’s Bailey sees ‘wrestle’ with US on stablecoin regulation

Bermuda Broadcasting Newsdesk -
Stablecoins are typically pegged at a fixed rate to the U.S. dollar or another major currency, and aim to be an alternative to the...
News - World

UK’s Princess Kate to visit pioneering Italian schools funded by WW2 scrap metal

Bermuda Broadcasting Newsdesk -
The visit will take Kate to Reggio Emilia, where local residents — many of them women — helped finance some of Italy’s first nursery...
News - World

British MPs to visit China for first time in seven years, sources say

Bermuda Broadcasting Newsdesk -
The five-day trip by 12 Labour and Conservative MPs in mid-May is organised by the Great Britain-China Centre, an NGO funded by the Foreign,...
Finance

Sterling and gilts rise as Starmer vows to stay despite election drubbing

Bermuda Broadcasting Newsdesk -
Starmer's Labour haemorrhaged support in areas reporting overnight, with results still rolling in on Friday International News via Reuters: The pound and UK government bonds climbed...
News - World

Meta challenges UK regulator over online safety fees, fines

Bermuda Broadcasting Newsdesk -
The challenge centres on Ofcom's use of worldwide, rather than UK, revenue to determine fees and potential fines International News via Reuters: Facebook and Instagram owner...
News - World

UK to summon Chinese Ambassador after spying convictions

Bermuda Broadcasting Newsdesk -
“The activities carried out by these men, on behalf of China, are an infringement of our sovereignty and will never be tolerated," Jarvis said International...
Finance

London’s FTSE 100 falls as oil majors weigh; voters head to polls

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 index closed 1.6% lower at 10,276.95 points after surging more than 2% in the previous session International News via Reuters: Britain's FTSE...
News - World

Two men found guilty of spying on Hong Kong dissidents in UK for China

Bermuda Broadcasting Newsdesk -
Chung Biu "Bill" Yuen, 65, and Chi Leung "Peter" Wai, 40, both dual Chinese and British nationals, were convicted of assisting a foreign intelligence...
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