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UK

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Britain agrees full text of US-UK pharmaceutical trade deal

Bermuda Broadcasting Newsdesk -
The agreement, reached as part of a wider U.S.-UK trade accord signed last year, commits Washington to a zero tariff on British pharmaceutical exports...
Finance

UK firms report biggest jump in price expectations in nearly two years, BoE survey shows

Bermuda Broadcasting Newsdesk -
The BoE is keeping a close watch on companies' pricing plans as it tries to gauge how much of the spike in energy prices...
News - World

UK to host talks with 35 countries on reopening Strait of Hormuz

Bermuda Broadcasting Newsdesk -
British foreign minister Yvette Cooper will chair the virtual meeting of about 35 countries including France, Germany, Italy, Canada and the United Arab Emirates...
Finance

Sterling slides as Trump vows more strikes on Iran, driving up dollar

Bermuda Broadcasting Newsdesk -
Sterling was last down 0.7% at $1.321, just a day after rising 0.6% on hopes that the war could soon be winding down International News...
Finance

Exclusive-Bank of England’s Bailey says investors should not count on UK rate hikes

Bermuda Broadcasting Newsdesk -
Bailey, speaking to Reuters at the central bank's London headquarters, said BoE policymakers would need to keep a clear focus on risks to growth...
Finance

UK equities climb 1% as Trump signals end to Iran war

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 rose 1.6% at 1044 GMT, while the midcap FTSE 250 climbed 1.8% International News via Reuters: London's main indexes climbed on Wednesday...
Finance

UK food inflation heading towards 10% due to Iran war, industry says

Bermuda Broadcasting Newsdesk -
The Food and Drink Federation (FDF) said food and non-alcoholic drink inflation, previously expected to ease to 3.2% by December 2026, would now climb...
News - World

London mayor asks diplomats to push back against Trump’s ‘lies’ about UK capital

Bermuda Broadcasting Newsdesk -
Trump, a frequent critic of Khan whom he has called a "terrible mayor", has made a series of claims about London, including assertions that...
Finance

UK’s main indexes head for biggest monthly drop since 2020 as Middle East conflict weighs

Bermuda Broadcasting Newsdesk -
Global equities bounced after the Wall Street Journal reported U.S. President Donald Trump told aides he would be willing to halt the military campaign...
News - World

Britain’s energy price cap to rise 18% in July, Cornwall Insight says

Bermuda Broadcasting Newsdesk -
Britain's domestic energy price cap is forecast to rise by about 18% in July, analysts at Cornwall Insight said on Tuesday, lowering their forecast...
News - World

UK regulator lowers car finance mis-selling bill to $12 billion

Bermuda Broadcasting Newsdesk -
The headline number, published by the Financial Conduct Authority (FCA) after the stock market's close, was lowered from an originally proposed 11 billion pounds...
News - World

UK fines Apple subsidiary $516,000 over Russia sanctions breach

Bermuda Broadcasting Newsdesk -
A notice from the government on Monday said ADI had made funds available to a designated person without a licence in relation to two...
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