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UK

News - World

UK borrowing costs rise as concerns about Starmer’s future mount

Bermuda Broadcasting Newsdesk -
The gap between two-year and 10-year yields rose to 85.5 bps, around its highest since last April's seven-year peak, according to LSEG data International News...
News - World

UK’s Starmer expresses regret over Mandelson, says ex-ambassador ‘lied repeatedly’

Bermuda Broadcasting Newsdesk -
Starmer ceded to pressure from the opposition Conservative Party to release documents on how Mandelson was appointed International News via Reuters: Prime Minister Keir Starmer expressed...
News - World

Britain launches framework to boost advanced nuclear reactor development

Bermuda Broadcasting Newsdesk -
The Labour government has said nuclear plants will play an important role in helping Britain meet its climate targets, provide clean energy to the...
Finance

FTSE 100 touches record high, BoE policy in focus

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 index was up 1.4% at 10,457.84 points at 1155 GMT, while the domestically focused mid-cap FTSE 250 was up 0.6% International...
Finance

Sterling hits fresh 5-month high versus euro, BoE in focus

Bermuda Broadcasting Newsdesk -
British interest rates are likely to fall further this year, but the BoE will probably sound vague this week about when or by how...
News - World

UK police confirm investigation into Mandelson over Epstein leaks

Bermuda Broadcasting Newsdesk -
British police said on Tuesday they have launched an investigation into Peter Mandelson, Britain's former ambassador to the U.S. International News via Reuters: British police said...
News - World

UK grocery inflation eases to nine‑month low of 4.0%, says Worldpanel

Bermuda Broadcasting Newsdesk -
Grocery inflation was 4.3% in its previous report International News via Reuters: UK grocery inflation eased to 4.0% in the four weeks to January 25, the...
Finance

UK watchdog reports consumer savings of $215 million in premium finance

Bermuda Broadcasting Newsdesk -
The Financial Conduct Authority also confirmed it would not introduce a price cap or mandate interest-free premium finance, warning that could restrict access to...
News - World

BAE workers in northern England plan strike over pay, union says

Bermuda Broadcasting Newsdesk -
The union, Unite, said it was taking the action after what it said were "bad faith negotiations over pay and conditions" International News via Reuters: Workers...
News - World

UK’s Mandelson faces scrutiny over Epstein ties and leaked briefing

Bermuda Broadcasting Newsdesk -
Late on Sunday, Mandelson left the Labour Party to prevent "further embarrassment", after he was fired from his envoy role last year after revelations...
News - World

British serial killer ‘Suffolk Strangler’ pleads guilty to 1999 murder

Bermuda Broadcasting Newsdesk -
Steve Wright, who is already serving a life sentence with no prospect of parole for a 2006 killing spree, appeared at London's Old Bailey...
Finance

London’s FTSE 100 rises as defensive plays outweigh slide in commodity-linked shares

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 index was up 0.2% at 1037 GMT, rising for the third straight session, while the domestically focused mid-cap index FTSE...
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