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UK

Finance

FTSE 100 flat as energy gains offset broader weakness

Bermuda Broadcasting Newsdesk -
As of 1011 GMT, the blue-chip FTSE 100 was 0.08% up after logging a second consecutIve week of losses International News via Reuters: London's FTSE 100...
News - World

Britain working with allies on plan to reopen Strait of Hormuz, Starmer says

Bermuda Broadcasting Newsdesk -
"Ultimately, we have to reopen the Strait of Hormuz to ensure stability in the (oil) market. That is not a simple task," Starmer told...
Finance

Pound edges up as investors focus on Middle East and Bank of England 

Bermuda Broadcasting Newsdesk -
The Bank of England delivers its decision on monetary policy on Thursday and is widely expected to keep interest rates unchanged at 3.75% International News...
News - World

Britain’s energy price-cap forecast to rise about 11%, Cornwall Insight says

Bermuda Broadcasting Newsdesk -
British finance minister Rachel Reeves said on Wednesday she would consider action to shield households from surging energy costs due to the conflict in...
News - World

UK economy ground to halt even before Iran war energy shock, data shows

Bermuda Broadcasting Newsdesk -
The figures mean British gross domestic product has been essentially flat since June, ending January at the same level as six months earlier International News...
News - World

UK inflation expectations were sticky even before Iran energy shock, BoE survey shows

Bermuda Broadcasting Newsdesk -
The BoE's quarterly inflation attitudes survey showed the median expectation for inflation in five years' time was 3.7% in February, the same as in...
Finance

UK equities drop as oil surge intensifies inflation concerns

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 closed down 0.4%, while the mid-cap FTSE 250 fell 0.9% International News via Reuters: UK stocks closed lower for a second straight...
News - World

London overtakes San Francisco, New York as top FinTech hub, growth capital fund says

Bermuda Broadcasting Newsdesk -
European FinTech funding grew 37% between 2022 and 2025, while investment in top U.S. hubs declined 13%, reaching an equivalent 40 billion euros each,...
News - World

UK watchdogs press Meta, TikTok, Snap and YouTube to block children

Bermuda Broadcasting Newsdesk -
Britain has been weighing tougher curbs on children's access to social media, with the government considering barring under 16s from such platforms - mirroring...
Finance

UK’s FCA urges second-mortgage providers to address consumer protection gaps

Bermuda Broadcasting Newsdesk -
The FCA's review found issues related to unclear fees, inadequate record-keeping, affordability assessments that overlooked living costs and steered consumers towards debt consolidation without...
Finance

UK stocks drop as Middle East war keeps investors cautious

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 closed down 0.5%, while the mid-cap FTSE 250 fell 0.4% International News via Reuters: The UK's main indexes closed lower on Wednesday,...
News - World

Released UK files reveal concerns on Mandelson’s appointment as US ambassador

Bermuda Broadcasting Newsdesk -
The more than 100 pages of documents suggested concerns were raised about the "reputational risks" in appointing Mandelson, particularly over his friendship with Epstein International...
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