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UK

Finance

Britain’s pound, stocks and bonds fall on political uncertainty, global inflation angst

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Sterling fell to a five-week low and is down almost 2% against the dollar this week, set for its biggest weekly drop since November...
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Senior UK minister resigns, calls for a leadership contest to oust PM Starmer

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Disastrous results for the governing Labour Party in local elections last week have plunged Britain into a new crisis, just under two years after...
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BoE’s Pill calls for ‘prompt but modest’ rate hike to quell inflation pressure

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Pill, who cast the lone vote for an increase in borrowing costs at the BoE's rate-setting meeting in April, said policymakers needed to think...
Finance

UK stocks rise as strong economic growth offers relief amid political uncertainty

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The blue-chip FTSE 100 index ended 0.46% higher, while the mid-cap FTSE 250 rose 1.33% International News via Reuters: UK shares edged up on Thursday, as...
News - World

From ally to rival, Wes Streeting turns on UK PM Starmer

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The parallels were difficult to escape on Thursday when Streeting was the first senior minister to resign in order to call for a leadership...
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King Charles visits Jewish area of London hit by antisemitic attacks

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The monarch met two victims of a recent stabbing attack when he made the unannounced visit to Golders Green International News via Reuters: King Charles was...
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Starmer vows to fight on ahead of possible leadership challenge

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Starmer, who has repeatedly said he would fight to keep his job, has so far been unable to stem the tide of calls for...
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China’s Ming Yang plans Europe factory after UK wind turbine snub

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Britain said in March it would not back the use of Ming Yang turbines in offshore wind projects around the country on security grounds,...
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UK opens antitrust probe into Microsoft’s business software

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It would also look at how AI competitors were able to integrate with Microsoft's business software, it said International News via Reuters: Britain launched an antitrust...
News - World

UK’s shift to eating in drives profit growth for Premier Foods and Princes Group

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The trend for eating in to save money particularly benefited categories including cooking sauces, pasta, canned goods and meal solutions International News via Reuters: A shift...
News - World

UK economy posts strong Q1, but Iran war casts shadow over outlook

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Gross domestic product increased by 0.3% month-on-month in March, the Office for National Statistics (ONS) said, against expectations in a Reuters poll of economists...
News - World

UK regulator to toughen private credit reporting, sources say 

Bermuda Broadcasting Newsdesk -
The Financial Conduct Authority has told alternative asset managers, a sector that includes private credit and equity, about an overhaul of reporting requirements, the...
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