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UK

News - World

Bank of England set to hold rates steady, slow QT

Bermuda Broadcasting Newsdesk -
Governor Andrew Bailey said last week the central bank had no "secret plan" to raise interest rates this year, unless the ongoing climb in...
Finance

Sterling hits one-month low as oil price jump boosts dollar

Bermuda Broadcasting Newsdesk -
Sterling fell to $1.3474, its lowest since August 7, and was last down 0.4% International News via Reuters: The pound fell to its lowest in more...
News - World

Denmark’s Orsted says commission backs UK taxation of British wind farms

Bermuda Broadcasting Newsdesk -
The case dates back to 2015, when Orsted approached the Danish and British tax authorities to avoid double taxation of the projects International News via...
News - World

UK economy grows by most since early 2025 on possible AI boost

Bermuda Broadcasting Newsdesk -
The figures offer a boost to new finance minister John Healey ahead of his first budget on October 28 – which risks being overshadowed...
Finance

London stocks rebound as crude retreats ahead of US inflation data

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 index rose 0.45% to 10,656.78 points by 1006 GMT, but was on track for its biggest weekly loss since early...
Finance

London stocks edge lower as elevated oil prices stoke inflation concerns

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 index fell 0.4% to 10,627.80 points by 0946 GMT, while the midcap FTSE 250 slipped 0.38% International News via Reuters: London shares...
Finance

UK 10-year gilt yield hits new 19-year high

Bermuda Broadcasting Newsdesk -
The 10-year gilt yield struck 5.295% at 0930 GMT, the highest since August 2007 and up 2 basis points on the day International News via...
News - World

Britain must ‘stand against injustice’ over West Bank settlements, PM Burnham says

Bermuda Broadcasting Newsdesk -
Burnham, who has been in the job since July, said Britain had long endorsed the two-state solution in the Middle East, but words needed...
News - World

UK summons air traffic boss after major outage as flights resume

Bermuda Broadcasting Newsdesk -
Flights resumed at major airports across the country after the hours-long outage on Tuesday, which resulted in the cancellation of 2,000 flights and ramped...
Finance

Pound nears two-week highs; Bailey says ‘no secret plan’ for rate hikes

Bermuda Broadcasting Newsdesk -
With crude now 40% above where it was prior to the start of the war at the end of February, and European natural gas...
News - World

Wizz Air, Ryanair call for NATS overhaul after UK flight disruption

Bermuda Broadcasting Newsdesk -
Rival Ryanair also criticised the agency and called for the resignation of its CEO, Martin Rolfe International News via Reuters: European budget carriers Wizz Air and...
News - World

EasyJet faces $72 million lawsuit over stranded Airbus planes, FT reports

Bermuda Broadcasting Newsdesk -
The lawsuit, filed in London's High Court by STLC Europe Eight, a unit of GTLK Europe, alleges easyJet left leased Airbus jets in Madrid...
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