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UK

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UK companies ramp up selling price expectations, Bank of England survey shows

Bermuda Broadcasting Newsdesk -
The BoE's Decision Maker Panel showed companies in April expected price growth of 4.4% in the 12 months ahead, up from 3.7% in March...
Finance

UK stocks set for weekly losses amid dimming prospects of swift US-Iran truce

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 index fell 0.6% to 10,391.16 points by 1005 GMT International News via Reuters: UK's main stock indexes fell on Friday and were...
Finance

Sterling edges up but heads for weekly loss as Iran tensions overshadow UK data

Bermuda Broadcasting Newsdesk -
Sterling was 0.1% higher versus the dollar at $1.348, as broader currency markets traded largely range-bound International News via Reuters: The British pound rose slightly against...
Finance

London’s FTSE 100 closes lower as investors monitor Iran conflict, earnings

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 index closed 0.2% lower in its fourth session of declines, while the midcap FTSE 250 fell 0.9% International News via Reuters: Britain's...
News - World

Britain’s deficit narrows but fuel duty fall points to Iran war drag

Bermuda Broadcasting Newsdesk -
Government borrowing in the 12 months to the end of March was equivalent to 4.3% of economic output - much bigger than before the...
News - World

UK manufacturers report plunge in confidence, see jump in costs

Bermuda Broadcasting Newsdesk -
The Confederation of British Industry also showed firms' investment plans for buildings, plant and machinery and training were the weakest since April 2020 International News...
News - World

King Charles on US mission to bolster UK’s special relationship with royalist Trump

Bermuda Broadcasting Newsdesk -
The state visit marks the 250th anniversary of the U.S. declaration of independence from British rule, when the then 13 American colonies decided to...
News - World

Investors urge UK audit watchdog to scrutinize HSBC’s climate accounting

Bermuda Broadcasting Newsdesk -
Investors said they also lacked visibility on how HSBC's auditor PwC had verified the bank's accounting International News via Reuters: A group of institutional investors has...
News - World

Four arrested in $60 million UK home insulation fraud probe

Bermuda Broadcasting Newsdesk -
The SFO also launched a public appeal for information about three companies, called Warmfront, JJ Crump and South Coast Insulation Services which are alleged...
News - World

UK must brace for rise in state-backed cyberattacks, security chief says

Bermuda Broadcasting Newsdesk -
Criminal threats such as ransomware remain the most common risk facing organisations, Horne told the government's annual CYBERUK conference in Glasgow, according to a...
News - World

UK inflation, showing first hit from Iran war, jumps to 3.3%

Bermuda Broadcasting Newsdesk -
The prices paid by factories for their inputs jumped by much more than expected, the figures from the Office for National Statistics also showed...
Finance

Sterling steady with focus on inflation data, Iran ceasefire uncertainty

Bermuda Broadcasting Newsdesk -
It was unclear whether Iran or Israel - Washington's ally in the two-month conflict - agreed with the extension, and the prospect of peace...
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