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UK

News - World

UK expected to soften business rates rise for pubs

Bermuda Broadcasting Newsdesk -
Pubs, part of the fabric of communities across Britain for hundreds of years, had demanded specific relief after finance minister Rachel Reeves announced changes...
News - World

Britons splurge on food, cut back on gifts as retailers warn of tough 2026

Bermuda Broadcasting Newsdesk -
December's solid food sales offered some relief for major retailers, but lingering caution and stubborn inflation cloud the outlook for 2026 International News via Reuters: Britons...
News - World

UK house prices rise by least since March 2024, Halifax data shows

Bermuda Broadcasting Newsdesk -
Prices unexpectedly fell in month-on-month terms, dropping by 0.6% in December after falling 0.1% in November International News via Reuters: British house prices rose by a...
News - World

UK’s Tesco bolsters profit outlook with strong Christmas

Bermuda Broadcasting Newsdesk -
The group said it now expected adjusted operating profit at the upper end of the 2.9 billion pounds to 3.1 billion pounds ($3.9 -...
News - World

UK supported US mission to seize Russian-flagged oil tanker, MoD says

Bermuda Broadcasting Newsdesk -
The U.S. seized the tanker on Wednesday, after pursuing it for more than two weeks across the Atlantic as part of Washington's efforts to...
News - World

Japan’s Marubeni buys British sportswear brand Gola

Bermuda Broadcasting Newsdesk -
Marubeni unit Marubeni Consumer Platform US (MCPU) said it acquired Britain's Jacobson Group International News via Reuters: Marubeni has purchased British sportswear brand Gola, the Japanese...
Finance

London stocks retreat from record high as investors assess US-Venezuela news

Bermuda Broadcasting Newsdesk -
Energy stocks fell 2.5% alongside a slump in oil prices after U.S. President Donald Trump reached a deal to import up to $2 billion worth...
Finance

Sterling holds near highest level in over three months ahead of US data

Bermuda Broadcasting Newsdesk -
The pound often correlates positively with global equity markets and other risk-sensitive assets, as the UK economy is open and heavily reliant on global...
News - World

UK builders suffer longest downturn since global financial crisis

Bermuda Broadcasting Newsdesk -
The S&P Global/CIPS Purchasing Managers' Index (PMI) for the sector came in at 40.1 in December, not much higher than its 5-1/2-year low of...
News - World

TPG in talks to buy UnitedHealth’s Optum UK unit, Sky News reports

Bermuda Broadcasting Newsdesk -
Optum's UK business supplies electronic patient record systems to most of Britain's general practitioners International News via Reuters: U.S. private equity firm TPG is close to...
News - World

Tesla UK car sales slump 29% in December as Chinese brands gain ground

Bermuda Broadcasting Newsdesk -
The Elon Musk-led company's UK registrations - a proxy for sales - fell to 6,323 units last month, according to New AutoMotive data International News...
Finance

Sterling at highest since mid-September on dollar and euro

Bermuda Broadcasting Newsdesk -
The move in euro/sterling was particularly notable as British and euro zone interest rates have largely moved in unison - relative changes in interest...
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