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UK

News - World

Bank of England’s Greene says inflation risks are bigger than thought

Bermuda Broadcasting Newsdesk -
Greene – part of a minority on the BoE's Monetary Policy Committee that has voted for higher rates – said it was better to...
News - World

UK police arrest pair on suspicion of helping Iranian intelligence over RAF Fairford incident

Bermuda Broadcasting Newsdesk -
RAF Fairford had been used by US bombers to carry out strikes on Iran, but American B-1 bombers were withdrawn shortly after five British...
News - World

Prince Harry says he wants to reconcile with family

Bermuda Broadcasting Newsdesk -
Harry, 42, the king's younger son, caused a huge rupture in the British royal family when he and his wife Meghan quit royal duties...
News - World

Google Cloud services down in UK; banks, public sector report issues

Bermuda Broadcasting Newsdesk -
British digital bank Revolut has suffered a service outage related to the disruption in Alphabet's Google Cloud service, a person familiar with the matter...
News - World

Britain seeks to break Apple’s grip on contactless payments

Bermuda Broadcasting Newsdesk -
The Competition and Markets Authority said its proposals would result in "substantially lower access fees" and easier access to Apple's contactless technology, opening the...
Finance

FTSE 100 slips as banks weigh; defensive stocks limit decline

Bermuda Broadcasting Newsdesk -
he blue-chip FTSE 100 index fell 0.8% to 10,680.25 points by 1006 GMT International News via Reuters: The FTSE 100 declined on Tuesday, with banks dragging...
Finance

Sterling rises as strong labour market data reinforces rate hike bets 

Bermuda Broadcasting Newsdesk -
A preliminary measure of payrolled employees rose, the unemployment rate fell and average hourly earnings grew faster than expected in the three months to...
News - World

UK risks becoming ‘AI customer’ rather than creator, advisers warn

Bermuda Broadcasting Newsdesk -
Governments around the world are racing to build AI capabilities, driven by concerns that countries without their own expertise, computing infrastructure and models could...
Finance

FTSE 100 slips as banks, miners drag

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 index fell 0.9% to 10,787.93 points by 0958 GMT, after three consecutive sessions of gains International News via Reuters: London's FTSE 100 slipped...
Finance

Sterling hits 17-month high against euro

Bermuda Broadcasting Newsdesk -
The euro fell and the spread between French OAT bonds and safe-haven German Bunds widened by a few basis points after France was rocked...
News - World

UK competition regulator targets Microsoft’s business software grip

Bermuda Broadcasting Newsdesk -
The Competition and Markets Authority launched an investigation in May into whether Microsoft's position in software used by around 20 million people a month...
Finance

UK’s FCA lifts bans on four former traders after benchmark-rigging convictions quashed

Bermuda Broadcasting Newsdesk -
The Financial Conduct Authority said it had lifted the bans on Colin Bermingham, Philippe Moryoussef, Jonathan Mathew and Christian Bittar, and had removed the...
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