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UK

Finance

London’s FTSE indexes fall as oil prices soar, inflation concerns mount

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 slipped 0.3%, while the mid-cap FTSE 250 lost 1.8%. Both indexes dropped for the third straight day International News via Reuters: UK...
News - World

UK to review Axel Springer’S $767 million deal for Telegraph under media rules

Bermuda Broadcasting Newsdesk -
The deal gatecrashed a competing offer from Daily Mail owner DMGT on Friday last week, which had already been sent for regulatory scrutiny by...
Finance

London’s FTSE indexes fall as rate-cut bets fade and oil surge renews inflation fears

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 slipped 1.1% by 0937 GMT, while the mid-cap FTSE 250 lost 1.6%. Both indexes were coming off their worst weekly...
Finance

Bank of England scrutinizes lenders’ ties to collapsed mortgage provider MFS, FT reports

Bermuda Broadcasting Newsdesk -
MFS was placed into administration last week following allegations of financial irregularities and mismanagement, prompting concerns over banks' and private credit funds' exposure to...
Finance

Axel Springer buys UK’s Telegraph for $766 million, ending ownership limbo

Bermuda Broadcasting Newsdesk -
The deal gatecrashed Daily Mail owner DMGT's attempt to buy its broadsheet rival, which had been facing regulatory probes in Britain amid concerns about...
Finance

FTSE indexes set for worst week in nearly a year as Middle East tensions weigh

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 dipped 0.1% by 1130 GMT, while the FTSE 250 was flat, but both the indexes were on course for their...
News - World

UK house prices rise but inflation fears cloud outlook

Bermuda Broadcasting Newsdesk -
Halifax said house prices were 1.3% higher in the 12 months to February than a year earlier, above the 0.9% forecast in a Reuters...
Finance

Sterling pulls back as Iran war sees investors flock to safe havens

Bermuda Broadcasting Newsdesk -
Sterling was last down 0.15% against the dollar to $1.3335 on the day, and set for a weekly decline of around 1.1% International News via...
News - World

Starmer says UK’s relationship with US still special after Trump criticism

Bermuda Broadcasting Newsdesk -
After initially refusing to allow the United States to use British bases for the U.S.-Israeli campaign, Starmer has come under personal attack from the...
News - World

Arcline joins list of bidders for UK aerospace supplier Senior

Bermuda Broadcasting Newsdesk -
The aero parts supplier to Boeing and Airbus in February disclosed that it had received five proposals, of which two bidders, Advent and Tinicum-Blackstone,...
News - World

Britain’s energy price-cap forecast to rise about 10%, Cornwall Insight says

Bermuda Broadcasting Newsdesk -
A rise would be unwelcome news for Prime Minister Keir Starmer's Labour government, which is under pressure to meet a pledge to curb household...
Finance

US and Britain split over crypto collaboration, sources say

Bermuda Broadcasting Newsdesk -
The U.S. and Britain announced in September a taskforce for reducing regulation for companies seeking to access each other’s markets and to improve digital...
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