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Bank of England’s Greene says central banks can’t assume Iran war impact will be temporary

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Greene voted with the majority of her colleagues on the BoE's Monetary Policy Committee to keep rates on hold in April but said at...
News - World

UK firms should take steps to limit risks from frontier AI models, UK says

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Last month BoE governor Andrew Bailey said he saw major cybersecurity risks from Anthropic's ​Mythos product International News via Reuters: British companies should take steps to...
News - World

UK Labour Party says it will let Burnham run for parliamentary seat

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Burnham had sought the permission of Labour's National Executive Committee to stand in the by-election International News via Reuters: Britain's governing Labour Party said on Friday...
Finance

UK stocks drop as Burnham challenge and rising oil frazzle nerves

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Burnham said on Thursday he would seek to contest a parliamentary seat becoming vacant after a colleague decided to stand down International News via Reuters: British...
Finance

UK shares slide as Burnham leadership threat and oil prices unsettle investors

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Burnham said on Thursday he would seek to contest a parliamentary seat becoming vacant after a colleague's decision to stand down, potentially paving the...
Finance

UK 30-year gilt yield hits highest since 1998 on political and inflation fears

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Britain no longer issues much debt at 20- and 30-year maturities but the bonds' yields are sometimes seen as a barometer of investor concerns...
News - World

UK’s Starmer faces survival battle as potential rivals circle

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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...
News - World

Britain’s foreign minister plans to visit China in early June, sources say

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The June 2-3 trip will take Cooper to Beijing for talks with her Chinese counterpart Wang Yi and then to the southern tech hub...
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...
News - World

Senior UK minister resigns, calls for a leadership contest to oust PM Starmer

Bermuda Broadcasting Newsdesk -
Disastrous results for the governing Labour Party in local elections last week have plunged Britain into a new crisis, just under two years after...
News - World

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

Bermuda Broadcasting Newsdesk -
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...
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