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UK

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UK’s Reeves says debt, taxes should not fund military spending boost

Bermuda Broadcasting Newsdesk -
Prime Minister Keir Starmer has promised the largest sustained rise in defence spending since ‌the Cold ⁠War, but with the public finances already under...
News - World

UK economy surged ahead of Iran war, but energy shock to test resilience

Bermuda Broadcasting Newsdesk -
Gross domestic product expanded 0.5% month-on-month in February, the biggest increase since January 2024, the Office for National Statistics said International News via Reuters: Britain's economy...
News - World

Britain to scrap carbon tax on electricity generation as pressure mounts on bills

Bermuda Broadcasting Newsdesk -
Domestic energy prices are expected to soar from July following wholesale energy prices which have risen due to the Iran conflict and as the...
Finance

UK stocks close higher as energy sector gains tracking rise in oil prices

Bermuda Broadcasting Newsdesk -
A senior Iranian official told Reuters that the negotiation in Islamabad increased hopes for a second round of talks, though added that fundamental differences...
News - World

UK PM Starmer tells social media firms they must act on online safety

Bermuda Broadcasting Newsdesk -
He said he wanted to hear what actions the platforms were going to take because "right now, social media is putting our children at...
News - World

UK economy surged ahead of Iran war, but energy shock to test resilience

Bermuda Broadcasting Newsdesk -
Gross domestic product expanded 0.5% month-on-month in February, the biggest increase since January 2024, the Office for National Statistics said International News via Reuters: Britain's economy...
Finance

UK financial watchdog to consult on proposed crypto regulations

Bermuda Broadcasting Newsdesk -
Under the consultation, the Financial Conduct Authority (FCA) is seeking feedback on proposed regulations on a range of crypto activities including operating crypto trading...
News - World

Britain’s incoming bank regulator says she will not push for further ring-fencing reforms

Bermuda Broadcasting Newsdesk -
The finance ministry last year launched a review of the ring-fencing regime, which was introduced as part of wider post-financial crisis reforms and requires...
News - World

Britain calls for international effort to stop arms flow to Sudan at Berlin conference

Bermuda Broadcasting Newsdesk -
"Countries from across the world are coming together here in Berlin to discuss the way, frankly, the international community has failed the people of...
Finance

London’s FTSE 100 flat as banks limit healthcare gains; Mideast in focus

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 index was flat at 10,611.03 points by 0957 GMT, while the midcap FTSE 250 slipped 0.1% International News via Reuters: London's FTSE...
Finance

Sterling steadies; risks from war to UK economy build  

Bermuda Broadcasting Newsdesk -
Sterling's strength could prove short-lived, however, given how the war has complicated the outlook for UK growth and inflation, analysts said International News via Reuters: The...
News - World

UK hit with big IMF growth downgrade as Iran war fuels inflation

Bermuda Broadcasting Newsdesk -
The IMF said on Tuesday that Britain's economy was now on course to grow by only 0.8% in 2026, down from a previous projection...
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