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UK

News - World

UK public inflation expectations ticked lower in November, BoE says

Bermuda Broadcasting Newsdesk -
The public's median expectation for the rate of inflation in the year ahead fell to 3.5% from 3.6% in August, according to the quarterly...
News - World

UK’s WH Smith delays results again over audit review

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Having already postponed once in October, the company had been due to release results for the year ended August 31 on December 16 International News...
News - World

Microsoft fights $2.8 billion UK lawsuit over cloud computing licences

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Regulators in Britain, Europe and the United States have separately begun examining Microsoft and others' practices in relation to cloud computing International News via Reuters: Microsoft...
Finance

FTSE 100 gains after Fed’s softer tone; eyes on GDP data

Bermuda Broadcasting Newsdesk -
The Fed lowered rates by an expected 25 basis points in a divided vote on Wednesday, but signalled interest rates are unlikely to fall...
Finance

Many UK firms say volatile pound triggered losses in 2025, need to hedge grows

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The report surveyed over 250 chief financial officers and treasurers at UK companies in October about their hedging plans and costs International News via Reuters: Nearly...
News - World

UK’s Reeves vents her frustration at leaks of her budget

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Britain's government bond market was rocked by a Financial Times story on November 13 that said Reeves had U-turned on a planned rise to...
Finance

Sterling edges up vs dollar, flat versus euro, Fed in focus

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The greenback slipped against the euro and yen, with investors bracing for a so-called hawkish rate cut by the Fed International News via Reuters: Sterling edged...
News - World

FirstGroup wins $4 billion London Overground rail contract, shares rise

Bermuda Broadcasting Newsdesk -
Subsidiary First Rail London will take over operations from Arriva Rail London in May 2026 for an initial term of eight years, with public...
News - World

Britain records new wind power generation record, NESO says

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NESO highlighted that wind generated 23,825 megawatts of electricity at 1730 GMT on December 5, beating the previous high of 22,711 MW set on...
News - World

Bank of England offering voluntary redundancies to staff to fund reforms

Bermuda Broadcasting Newsdesk -
The central bank was making progress on implementing some of the technology changes, including adopting new data platforms, but the process would take time International...
News - World

UN body urges Britain and Mauritius not to ratify Chagos deal

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The deal, struck in May after years of talks, passes sovereignty of the islands to Mauritius while allowing Britain to retain control of the...
News - World

UK shoppers cut Christmas costs by buying early and dining in, says Aldi

Bermuda Broadcasting Newsdesk -
UK consumer confidence remains fragile following the government's tax-raising budget last month, and with household bills continuing to rise their spending has been waning International...
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