Tuesday, August 18, 2026
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UK

Finance

BoE’s Bailey says markets have grasped message on less certain rate cuts

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Last month the Monetary Policy Committee voted by the narrowest of margins - 5 to 4 - to cut Bank Rate to 4% from...
News - World

Britain’s JLR hit by cyber incident that disrupts production, sales

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The company, owned by India's Tata Motors, said it had not found any evidence at this stage that any customer data had been stolen...
News - World

UK’s M&G misses half-year profit expectations despite record inflows

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The company, currently implementing a turnaround strategy, took one-off charges in both its asset management and life insurance units, which masked the 5% growth...
News - World

New orders help lift UK services PMI by most since April 2024

Bermuda Broadcasting Newsdesk -
The S&P Global Purchasing Managers' Index for Britain's services sector rose to 54.2 in August from 51.8 in July, reaching its highest level since...
Finance

Sterling, yen slip as traders worry about fiscal, political uncertainties

Bermuda Broadcasting Newsdesk -
Traders have been selling long-dated government bonds in Europe and the U.S. since Tuesday as focus once again shifted to rising debt levels across...
News - World

UK’s Reeves promises ‘tight grip’ on public finances at November 26 annual budget

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The government also wants to press on with measures to boost economic growth International News via Reuters: British finance minister Rachel Reeves said on Wednesday that...
News - World

UK pays high price to sell record 14 billion pounds of government debt

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Britain has the highest inflation in the Group of Seven advanced economies as well as the highest government borrowing costs International News via Reuters: Britain sold...
News - World

UK parliamentary security staff to strike over conditions and pay

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Resident doctors in England walked out for five days in July, while London's Tube network will next week be hit by strikes International News via...
Finance

Sterling, gilts face fresh selling pressure with spotlight on UK finances

Bermuda Broadcasting Newsdesk -
The selloff in British bonds, known as gilts, coincided with selling across major bond markets where the focus has again shifted to rising debt...
News - World

EDF Energy extends life of two UK nuclear plants

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The decision was taken following a series of positive graphite core inspections at both plants over the last nine months International News via Reuters: EDF Energy...
News - World

UK police arrest five in London during anti-asylum protest

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Two groups of anti-asylum protesters marched to the Crowne Plaza Hotel near Heathrow Airport before some demonstrators tried to break in International News via Reuters: British...
News - World

UK, France and Germany urge Iran to agree deal to delay UN sanctions

Bermuda Broadcasting Newsdesk -
U.N. envoys for the three countries - known as the E3 -  issued a joint statement before a closed-door Security Council meeting International News via...
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