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UK

Finance

Sterling weakens against the dollar but firms slightly against the euro ahead of Burnham speech

Bermuda Broadcasting Newsdesk -
The big picture in currency markets is one of a steadily strengthening dollar, and sterling was not immune International News via Reuters: The pound fell against...
News - World

UK first-time buyer scheme lifts housebuilders, but success hinges on design

Bermuda Broadcasting Newsdesk -
Buyers will need deposits of just 2.5%, while the government will provide loans of up to 20% of a property's value, allowing them to...
News - World

Rolls-Royce to invest $398 million in UK manufacturing

Bermuda Broadcasting Newsdesk -
Rolls-Royce will invest more than £140 million in Derby, home to its civil aerospace operations, on new engineering and manufacturing facilities International News via Reuters: British...
News - World

Healey vows to get ‘Britain working again’, offers few budget clues

Bermuda Broadcasting Newsdesk -
In a speech heavy on optimism but light on detail ahead of next month's budget, Healey said Britain was entering a "new age of...
News - World

Five suspects arrested in explosives case near UK airbase were British nationals

Bermuda Broadcasting Newsdesk -
British officials said they were still investigating any possible motive for the incident near RAF Fairford, a British base that houses US bombers which...
News - World

Iran rejects suggestion it is linked to UK airbase arrests

Bermuda Broadcasting Newsdesk -
In a statement posted on X, the embassy said it "categorically rejects and strongly condemns" attempts to connect Iran to the arrests and said...
Finance

UK shares edge up on homebuilder rally; metals weigh

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 index rose 0.28% to 10,724.86 points by 0941 GMT, while the midcap FTSE 250 climbed 0.72% International News via Reuters: London shares...
Finance

Sterling rebounds against dollar, euro on bets for tighter BoE policy

Bermuda Broadcasting Newsdesk -
Sterling was last up 0.1% against the dollar at $1.3259, rising from a three-month low of $1.3204 hit last week International News via Reuters: The pound...
Finance

UK regulatory crackdown closes CFD firms with overseas links

Bermuda Broadcasting Newsdesk -
The regulator did not name the firms offering contracts-for-differences, which are complex financial products used to bet on the price of a wide range...
Finance

UK shares log weekly gains as banks, miners offset energy drag

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 index closed 0.14% higher at 10,695.25 points, leaving it in positive territory for the week International News via Reuters: London's FTSE was...
Finance

UK’s Pinewood Technologies shareholders approve $721 million Ridgeview takeover

Bermuda Broadcasting Newsdesk -
At a shareholder meeting on Friday, 99.76% of votes cast were in support of the takeover International News via Reuters: Shareholders of British automotive software firm...
News - World

UK to probe air traffic control glitch that grounded thousands of flights

Bermuda Broadcasting Newsdesk -
The independent review marks the second time in three years that the Civil Aviation Authority has been forced to scrutinise a major NATS systems failure International...
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