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UK

Finance

Sterling edges lower, BoE’s Bailey signals no rush to raise rates

Bermuda Broadcasting Newsdesk -
Reports said the U.S. and Iran had agreed to extend their ceasefire and lift shipping restrictions through the Strait of Hormuz, but the deal...
News - World

UK’s Starmer defends his government against Blair criticism

Bermuda Broadcasting Newsdesk -
Blair, who led Labour to victory in three British elections between 1997 and 2007, took aim at Starmer and two potential rivals this week,...
News - World

One in six UK young people risk falling outside job market or education, report warns

Bermuda Broadcasting Newsdesk -
In recent decades Britain has had fairly low youth unemployment by European standards International News via Reuters: One in six young people in Britain may find...
Finance

FTSE 100 set to snap seven-day win streak as renewed US-Iran conflict weighs

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 index fell 0.8% to 10,418.33 points by 1013 GMT while the midcap FTSE 250 dipped 0.4% as it eased from...
News - World

UK and allies have narrowing window to stay ahead in tech race, spy chief says

Bermuda Broadcasting Newsdesk -
Delivering the first annual lecture for her GCHQ organisation, Anne Keast-Butler warned that the world was in a "new era of radical uncertainty, contested...
News - World

UK, Poland to sign defence treaty to tackle Russian threats

Bermuda Broadcasting Newsdesk -
The deal, due to be signed by Polish Prime Minister Donald Tusk and Starmer in London, will improve border security, tackle organised crime and...
News - World

Energy bills in Britain to jump 13% on impact of Iran war

Bermuda Broadcasting Newsdesk -
The increase, up around £221 from the previous cap of £1,641 for April to June, will hit millions of households on variable tariffs International News...
Finance

Sterling dips as Iran uncertainty keeps traders wary

Bermuda Broadcasting Newsdesk -
The nearly 7% drop in the oil price this week has given some respite to the currencies of more import-dependent nations International News via Reuters: The...
News - World

UK targets Russian crypto networks in latest sanctions

Bermuda Broadcasting Newsdesk -
The package also targets crypto exchanges and entities operating Russia-focused platforms, including a Kyrgyz bank and multiple firms registered in jurisdictions including Georgia and...
News - World

UK CBI retail data recovers from record low, consumer demand still weak

Bermuda Broadcasting Newsdesk -
The CBI's monthly retail sales balance rose to a three-month high of -46 in May from -68 in April, the series' lowest reading since...
Finance

London’s FTSE 250 midcap index scales near three-month high

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 rose 0.6% to 10,533.50 points by 1020 GMT, touching a one-month high, while the FTSE 250 climbed 0.9% to its...
Finance

Sterling dips as hopes of imminent Iran peace deal fade

Bermuda Broadcasting Newsdesk -
Sterling was last down 0.2% at $1.348 after rallying 0.6% on Monday on hopes of a deal to end the war and reopen the...
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