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UK

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UK PM Starmer praises budget for retaining market confidence, sees growth ahead

Bermuda Broadcasting Newsdesk -
Starmer gave a speech on Monday in which he sought to defend the budget outlined last week by finance minister Rachel Reeves International News via...
Finance

Sterling dips as investors take profit on ‘Rachel rally’

Bermuda Broadcasting Newsdesk -
Sterling gained more than 1% last week, marking its largest weekly gain since early August International News via Reuters: The pound edged lower on Monday, as...
News - World

UK’s Starmer outlines growth mission after budget tax rises

Bermuda Broadcasting Newsdesk -
Starmer's centre-left Labour Party trails behind the right-wing Reform UK in opinion polls International News via Reuters: British Prime Minister Keir Starmer will set out on...
News - World

UK court dismisses challenge to issuing of oil and gas exploration licences

Bermuda Broadcasting Newsdesk -
Marine conservation organisation Oceana UK brought the case over 28 licences granted in May 2024 under Britain's previous government International News via Reuters: Britain's decision to...
News - World

China calls on UK to uphold ‘one-China’ principle

Bermuda Broadcasting Newsdesk -
The "One China" principle, which Beijing views as meaning both sides of the Taiwan Strait belong to one country, is something Taipei's government rejects International...
News - World

Britain says talks to join EU defence fund have broken down

Bermuda Broadcasting Newsdesk -
Britain said on Friday that talks to join the European Union's defence fund SAFE had broken down, adding it would only agree something that...
News - World

UK waters down unfair dismissal plan after business pushback

Bermuda Broadcasting Newsdesk -
The change removed the last major hurdle for the Employment Rights Bill to pass into law International News via Reuters: Britain's government watered down plans to...
Finance

Sterling set for best week in over three months on UK budget relief

Bermuda Broadcasting Newsdesk -
Reeves fought back on Thursday against criticism of the government's spending plans International News via Reuters: Sterling was heading for its best weekly performance in over...
News - World

UK fiscal position remains “vulnerable” after tax-raising budget, S&P says

Bermuda Broadcasting Newsdesk -
S&P said it saw a risk that the government might "back-track" some of its planned budget tightening measures as the next election, due in...
News - World

UK waters down unfair dismissal plan after business pushback

Bermuda Broadcasting Newsdesk -
The change removed the last major hurdle for the Employment Rights Bill to pass into law International News via Reuters: Britain's government watered down plans to...
Finance

Bank of England’s Greene says budget energy measures may help lower price expectations

Bermuda Broadcasting Newsdesk -
Greene said policymakers typically would look through measures that only led to a one-off fall in inflation rather than caused year-on-year falls in prices International...
News - World

UK net migration drops by two-thirds as government rolls out tougher policies

Bermuda Broadcasting Newsdesk -
Immigration - both legal and illegal - has dominated political debate in Britain for over a decade International News via Reuters: Long-term net migration to Britain...
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