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UK

Finance

London stocks edge higher as financials bounce back

Bermuda Broadcasting Newsdesk -
The internationally-focused FTSE 100 edged up 0.41% to 10,488.79 points by 0925 GMT, while the domestically-focused FTSE 250 index climbed 0.36% to 23,513.26 points International...
News - World

UK considering earlier hike in defence spending, BBC says

Bermuda Broadcasting Newsdesk -
Britain, which has warned of the risks posed by Russia, said in February 2025 that it would increase annual defence spending to 2.5% of...
News - World

Sailing-Britain’s Caffari set for Antigua’s Nelson’s Cup challenge

Bermuda Broadcasting Newsdesk -
Competing aboard the Swan 58 WaveWalker, Caffari headlines a regatta that has become a key Caribbean proving ground ahead of the RORC Caribbean 600 International...
News - World

Bank of England’s Pill sees underlying inflation at 2.5%, rates slightly too low

Bermuda Broadcasting Newsdesk -
Pill has voted against the BoE's last four interest rate cuts and said interest rates were now "a little bit too low", although just...
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...
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