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UK

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UK statistics office urges move away from older productivity measure

Bermuda Broadcasting Newsdesk -
The Office for National Statistics' so-called real-time indicator measure — introduced in August 2024 — shows faster productivity growth International News via Reuters: Britain's statistics office...
News - World

UK’s Reeves says it is ‘very important’ to reduce government borrowing costs

Bermuda Broadcasting Newsdesk -
Speaking at a conference for bond investors hosted by the Financial Times, Reeves said Britain paid more to borrow than similar countries International News via...
News - World

UK minister rejects Thames Water rescue, nationalisation more likely

Bermuda Broadcasting Newsdesk -
The government's decision is preliminary but could impact Britain's water regulator Ofwat, which will have the final say on whether to accept the proposal International...
News - World

Ukrainian man found guilty of setting on fire a house linked to UK PM Starmer

Bermuda Broadcasting Newsdesk -
Over five days, police were called to fires at a house in north London connected to Starmer, another at a property nearby where he...
News - World

Britain announces sweeping social media ban for under-16s

Bermuda Broadcasting Newsdesk -
The sweeping changes will "give kids their childhood back", Starmer told reporters, outlining measures against Snapchat, TikTok, Instagram and other platforms, as well as...
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...
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