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UK

Finance

Bank of England’s Pill supports more cautious pace of rate cuts

Bermuda Broadcasting Newsdesk -
The BoE is trying to gauge whether inflation pressures in Britain's economy are abating sufficiently for it to resume cutting borrowing costs International News via...
News - World

Britain’s Starmer calls for Israeli soccer fans to be allowed at Aston Villa match

Bermuda Broadcasting Newsdesk -
Aston Villa said travelling Maccabi fans - who were involved in violence a year ago in Amsterdam - would be barred from the Europa...
Finance

Pound struggles as investors flock to safe havens

Bermuda Broadcasting Newsdesk -
The pound fell 0.13% to $1.34225, though it was still headed for a weekly rise of 0.7% International News via Reuters: Sterling fell on Friday, as...
News - World

Pension funds should join forces on UK investment, City of London chief says

Bermuda Broadcasting Newsdesk -
UK pension funds invest far less in private markets like infrastructure and private debt and equity than in countries such as Canada and Australia International...
News - World

Canada, Britain, eye EU reparations loan idea for Ukraine, Dombrovskis says

Bermuda Broadcasting Newsdesk -
Dombrovskis said he presented the idea of the EU loan, which could be up to 185 billion euros over two years, to G7 finance...
News - World

MI5 chief frustrated by collapse of UK China spying case

Bermuda Broadcasting Newsdesk -
Britain's Crown Prosecution Service unexpectedly dropped charges last month against two British men who were accused of spying for Beijing between 2021 and 2023 International...
Finance

Bank of England’s Mann says UK job market weaker, not falling off cliff

Bermuda Broadcasting Newsdesk -
Official data on Tuesday showed Britain's unemployment rate edged up to its highest in over four years while wage growth slowed International News via Reuters: Britain's...
News - World

UK delays Chinese embassy ruling for a second time

Bermuda Broadcasting Newsdesk -
China's plans to build a new embassy on the site of a two-century-old building near the Tower of London have stalled for the past...
News - World

UK PM Starmer’s attempt to draw line under China spying case prompts more questions

Bermuda Broadcasting Newsdesk -
Britain's Crown Prosecution Service unexpectedly dropped charges last month against two British men who were accused of spying for Beijing International News via Reuters: British Prime...
News - World

UK lenders expect demand for mortgage and consumer credit to flatten

Bermuda Broadcasting Newsdesk -
The BoE's quarterly Credit Conditions Survey showed lenders reported no change in demand for loans for home purchases in the July-to-September period International News via...
News - World

J&J faces first UK lawsuits alleging its baby powder caused cancer

Bermuda Broadcasting Newsdesk -
The lawsuit was filed at the English High Court on Tuesday against J&J and Kenvue UK Limited, a subsidiary of Kenvue, J&J's former consumer...
Finance

Sterling hits highest in over a week vs dollar, monetary policy in focus

Bermuda Broadcasting Newsdesk -
The British currency barely moved after data showed that the economy grew by 0.1% in August after dipping by 0.1% in July International News via...
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