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UK

News - World

BoE to tighten capital treatment of funded reinsurance

Bermuda Broadcasting Newsdesk -
British life insurers will have to increase the amount of capital they hold against these transactions to about 10%, up from about 2% to...
Finance

London stocks slip as investors parse earnings mixed bag

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 index dipped 0.7% by 0950 GMT, slipping for the seventh time in eight sessions International News via Reuters: UK shares drifted lower...
News - World

King Charles promotes US-UK unity in speech to Congress amid Iran tensions

Bermuda Broadcasting Newsdesk -
Charles' address came on the second day of a four-day state visit to the U.S. during a tense time in relations between the two...
News - World

Sony defeats UK lawsuit over performers’ rights for classic Hendrix albums

Bermuda Broadcasting Newsdesk -
London's High Court ruled guitarist Noel Redding and drummer Mitch Mitchell effectively signed over their rights to The Jimi Hendrix Experience's albums and rejected...
News - World

Trump greets King Charles on ‘beautiful British day’ at White House

Bermuda Broadcasting Newsdesk -
Charles and Queen Camilla were greeted by the president and first lady Melania Trump for a morning visit to the presidential mansion International News via...
News - World

UK PM’s former chief of staff says he was wrong to encourage Mandelson appointment

Bermuda Broadcasting Newsdesk -
McSweeney told parliament he had thought Mandelson, a Labour veteran, would help Britain to get a trade deal with the United States after Donald...
News - World

UK lowers population growth estimate as immigration slows

Bermuda Broadcasting Newsdesk -
Net immigration looks set to add 2.2 million people to the UK's population of 69.3 million between mid-2024 and mid-2034 International News via Reuters: The United...
News - World

UK grocery inflation eases to 3.8% in April, says Worldpanel

Jack Adriatico -
The data showed UK grocery sales increased 0.9% in the four-week period year-on-year, although shoppers were seeking out deals International News via Reuters: British grocery inflation...
Finance

London’s FTSE 100 set to snap six-day losing streak on BP boost

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 index rose 0.4% to 10,367.61 points by 1019 GMT, while the midcap FTSE 250 slipped 0.2%, down for a fourth...
Finance

Sterling dips as central bank decisions, Iran war uncertainty in focus

Bermuda Broadcasting Newsdesk -
The British pound was last 0.3% lower against the dollar at $1.3488, and little changed against the euro at 86.55 pence International News via Reuters: Sterling...
News - World

King Charles arrives in US for state visit amid differences over Iran war

Bermuda Broadcasting Newsdesk -
The state visit, by far the most high-profile and consequential of Charles' reign, marks the 250th anniversary of the U.S. Declaration of Independence from...
News - World

Britain’s lifetime smoking ban set to become law

Bermuda Broadcasting Newsdesk -
Lawmakers last week approved the Tobacco and Vapes Bill, which introduces a rolling age restriction permanently barring anyone born on or after January 1,...
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