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UK

News - World

FTSE 100 marks third-straight week of gains, shaking off global woes

Bermuda Broadcasting Newsdesk -
The blue‑chip FTSE 100 rose 0.4%, hovering below record highs touched on Thursday International News via Reuters: Britain's FTSE 100 locked in a third straight week...
News - World

Schroders agrees $13.5 billion sale to Nuveen as family sells out

Bermuda Broadcasting Newsdesk -
The acquisition, which will see the British money manager's founding family sell up, will create a combined group with $2.5 trillion of assets under...
News - World

UK’s SFO reviews 20 cases after bribery prosecution collapses

Bermuda Broadcasting Newsdesk -
The demise of the London Mining case is the latest prosecution to collapse after the SFO had problems with disclosing relevant evidence to the...
News - World

UK launches public-interest, competition probe into Daily Mail-Telegraph takeover

Bermuda Broadcasting Newsdesk -
Nandy said in a written statement that she had issued a so-called public interest intervention notice due to concerns the acquisition could affect the...
News - World

UK’s Thames Water starts process to unlock $1.12 billion of new debt

Bermuda Broadcasting Newsdesk -
The company, which supplies 16 million customers, has become a symbol of the sector's failure, facing criticism over sewage pollution while wrestling with nearly...
Finance

Sterling nudges higher as economic data, political tensions dominate

Bermuda Broadcasting Newsdesk -
Sterling was last 0.1% higher against the dollar at $1.3639, with the greenback slightly weaker across the board International News via Reuters: The pound edged up...
News - World

UK’s Reeves says deeper ties with EU is the ‘biggest prize’

Bermuda Broadcasting Newsdesk -
Reeves said Britain's future was inextricably bound with that of Europe on both the economy and security International News via Reuters: British finance minister Rachel Reeves...
News - World

Britain secures record amount of solar in renewable power auction

Bermuda Broadcasting Newsdesk -
The country has a target to largely decarbonise its electricity sector by 2030, which will require a huge scale-up of renewable power, including wind...
News - World

Britain’s financial regulator seeks to block crypto exchange HTX from UK social media

Bermuda Broadcasting Newsdesk -
The regulator said it wanted Alphabet's Google and Apple to remove HTX products from UK app stores and HTX's social media accounts for UK-based...
Finance

UK regulator sues crypto exchange HTX over illegal promotions

Bermuda Broadcasting Newsdesk -
The FCA said HTX had repeatedly issued illegal crypto promotions to British consumers despite prior warnings, including ads posted on its website and social...
News - World

Apple and Google agree app store changes to appease UK regulator

Bermuda Broadcasting Newsdesk -
The Competition and Markets Authority (CMA) designated the two tech giants as having "strategic market status" in smartphones in October, giving it the power...
Finance

Sterling drops, politics and BoE easing path in focus

Bermuda Broadcasting Newsdesk -
Two-year UK government bond yields were roughly unchanged after falling by almost 11 basis points since Thursday International News via Reuters: Sterling dropped against the dollar...
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