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UK’s grid operators pick Prysmian as preferred bidder for 2 billion-euro electrical link

Bermuda Broadcasting Newsdesk -
The 2 billion euros ($2.35 billion) value of the contract is an estimate as negotiations are not complete, Prysmian, the world's largest cablemaker by...
Finance

Bank of England allots highest amount at 6-month repo since 2020

Bermuda Broadcasting Newsdesk -
The BoE has been seeking to increase usage of the facility as it shifts away from a system of excess reserves in Britain's banking...
News - World

Chinese woman admits UK bitcoin laundering charges on first day of trial

Bermuda Broadcasting Newsdesk -
Qian Zhimin, who was also known as Zhang Yadi, appeared at Southwark Crown Court for the first day of her trial but decided to...
News - World

Modella Capital to buy most of Claire’s UK stores out of bankruptcy

Bermuda Broadcasting Newsdesk -
Investment firm Modella will buy 156 Claire's stores from its administrator Interpath Advisory for an undisclosed amount, preserving about 1,000 jobs International News via Reuters: Hobbycraft-owner Modella...
News - World

AstraZeneca plans full US listing, but defuses fears of UK exit

Bermuda Broadcasting Newsdesk -
The decision to remain UK-based will be of some relief to British investors International News via Reuters: AstraZeneca laid out plans on Monday to directly list...
Finance

UK consumer borrowing rises by most since October 2024

Bermuda Broadcasting Newsdesk -
Unsecured consumer borrowing in August was 7.1% higher than a year earlier, up from an annual increase of 7.0% in July and the highest...
Finance

London stocks rally as healthcare leads gains; US government shutdown in focus

Bermuda Broadcasting Newsdesk -
The benchmark FTSE 100 was up 0.6% at 09:36 GMT, while the domestically focused FTSE 250 rose 0.6% International News via Reuters: London stocks rose on...
News - World

Tata Motors-owned JLR begins phased manufacturing restart post cyberattack

Bermuda Broadcasting Newsdesk -
This comes a day after Britain said it will back JLR with a $2 billion loan guarantee to help support its supply chain in...
News - World

UK’s Starmer urges Labour party to unite for ‘fight of our lives’

Bermuda Broadcasting Newsdesk -
The next national election is not due until 2029, but with Reform surging in popularity, Starmer is seeking a positive narrative International News via Reuters: British...
News - World

Jaguar Land Rover shutdown driving suppliers to cut jobs and reduce hours – survey

Bermuda Broadcasting Newsdesk -
The government is considering financial support for the luxury carmaker, which is owned by India's Tata Motors, after the cyberattack halted production at the...
News - World

Britain to introduce compulsory digital ID for workers

Bermuda Broadcasting Newsdesk -
Starmer feels acute pressure to stop people entering the country illegally by crossing the sea in small boats from France International News via Reuters: The British...
Finance

Britain says pushing for better outcome on US pharma tariffs

Bermuda Broadcasting Newsdesk -
Britain on Friday said it was pressing the United States on pharmaceutical tariffs in hope of a beneficial outcome International News via Reuters: Britain on Friday...
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