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UK

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UK’s Starmer vows to fight political ‘extremes’ after suffering vote defeat

Bermuda Broadcasting Newsdesk -
The Green Party's Hannah Spencer won the contest for the vacant parliamentary seat of Gorton and Denton, with Nigel Farage's populist Reform UK party...
News - World

British Airways owner IAG beats profit estimates, but shares drop on outlook fears

Bermuda Broadcasting Newsdesk -
European airlines have been buoyed by premium demand across the North Atlantic, a sector-wide trend in which affluent travellers continue to spend even as U.S....
News - World

Greens directly challenge UK’s ailing Labour Party with vote win

Bermuda Broadcasting Newsdesk -
It was a direct challenge to the governing Labour Party of British Prime Minister Keir Starmer International News via Reuters: Hannah Spencer's victory speech on becoming...
Finance

Britain’s FTSE 100 hits new peak on miners strength, on track for eighth monthly gain

Bermuda Broadcasting Newsdesk -
The blue‑chip FTSE 100 rose 0.5% to 10,900 points as of 1022 GMT, while the mid‑cap FTSE 250 was up 0.2%, less than 2%...
Finance

Sterling struggles after UK Labour Party suffers defeat in stronghold

Bermuda Broadcasting Newsdesk -
Sterling was heading for a second weekly decline, having lost 0.1% and on Friday stalled against both the dollar and the euro, which traded...
News - World

UK government agrees framework on publishing Mandelson vetting documents

Bermuda Broadcasting Newsdesk -
Mandelson, 72, was released from custody after London's Metropolitan Police arrested him on Monday on suspicion of misconduct in public office, following revelations over...
Finance

LSEG investors welcome $4.1 billion buyback, eye more share-boosting moves

Bermuda Broadcasting Newsdesk -
The buyback plan helped LSEG shares end the day up more than 9%, their highest since late January and almost erasing this month's AI-related...
News - World

UK’s Ocado to cut 1,000 jobs as it aims to boost cash flows

Bermuda Broadcasting Newsdesk -
Ocado shares fell 10% in early trading International News via Reuters: Ocado will cut about 1,000 jobs as part of a cost-saving drive aimed at helping...
Finance

LSEG plans $4.1 billion buyback amid investor pressure

Bermuda Broadcasting Newsdesk -
LSEG executives said the buyback was not a response to Elliott and the group had no plans for asset sales International News via Reuters: London Stock...
News - World

Grenfell families urge UK government to preserve tower’s walls bearing handprints

Bermuda Broadcasting Newsdesk -
A fire ripped through the 24-storey social housing block in one of London's wealthiest areas early on June 14, 2017, killing 72 people International News...
News - World

Number of UK young people not in work or education nears 1 million

Bermuda Broadcasting Newsdesk -
The rate of young people not in employment, education or training (NEET) is sometimes seen as a better guide to labour market difficulties than...
Finance

Sterling slips before key Manchester vote; rate outlook under scrutiny

Bermuda Broadcasting Newsdesk -
The currency traded 0.13% lower against the dollar at $1.3541 International News via Reuters: The British pound edged lower on Thursday ahead of a local election...
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