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UK

Finance

UK stocks end week higher after Iran says Strait of Hormuz is open

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 index closed 0.7% higher at 10,667.63 points, clocking gains for a fourth straight week International News via Reuters: UK's main stock indexes...
News - World

UK’s Starmer pleads ignorance over Mandelson, resists pressure to resign

Bermuda Broadcasting Newsdesk -
Starmer told reporters it was unforgivable that he had not been told about Mandelson having failed security vetting "when I was telling parliament that...
Finance

London’s FTSE 100 edges lower as utilities and miners weigh

Bermuda Broadcasting Newsdesk -
Shares of utility companies slipped and dragged the benchmark lower after the Financial Times reported on Thursday that the Finance Minister Rachel Reeves vowed...
News - World

UK’s Reeves says debt, taxes should not fund military spending boost

Bermuda Broadcasting Newsdesk -
Prime Minister Keir Starmer has promised the largest sustained rise in defence spending since ‌the Cold ⁠War, but with the public finances already under...
News - World

UK economy surged ahead of Iran war, but energy shock to test resilience

Bermuda Broadcasting Newsdesk -
Gross domestic product expanded 0.5% month-on-month in February, the biggest increase since January 2024, the Office for National Statistics said International News via Reuters: Britain's economy...
News - World

Britain to scrap carbon tax on electricity generation as pressure mounts on bills

Bermuda Broadcasting Newsdesk -
Domestic energy prices are expected to soar from July following wholesale energy prices which have risen due to the Iran conflict and as the...
Finance

UK stocks close higher as energy sector gains tracking rise in oil prices

Bermuda Broadcasting Newsdesk -
A senior Iranian official told Reuters that the negotiation in Islamabad increased hopes for a second round of talks, though added that fundamental differences...
News - World

UK PM Starmer tells social media firms they must act on online safety

Bermuda Broadcasting Newsdesk -
He said he wanted to hear what actions the platforms were going to take because "right now, social media is putting our children at...
News - World

UK economy surged ahead of Iran war, but energy shock to test resilience

Bermuda Broadcasting Newsdesk -
Gross domestic product expanded 0.5% month-on-month in February, the biggest increase since January 2024, the Office for National Statistics said International News via Reuters: Britain's economy...
Finance

UK financial watchdog to consult on proposed crypto regulations

Bermuda Broadcasting Newsdesk -
Under the consultation, the Financial Conduct Authority (FCA) is seeking feedback on proposed regulations on a range of crypto activities including operating crypto trading...
News - World

Britain’s incoming bank regulator says she will not push for further ring-fencing reforms

Bermuda Broadcasting Newsdesk -
The finance ministry last year launched a review of the ring-fencing regime, which was introduced as part of wider post-financial crisis reforms and requires...
News - World

Britain calls for international effort to stop arms flow to Sudan at Berlin conference

Bermuda Broadcasting Newsdesk -
"Countries from across the world are coming together here in Berlin to discuss the way, frankly, the international community has failed the people of...
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