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UK stocks edge higher with upcoming budget in focus

Bermuda Broadcasting Newsdesk -
The blue-chip FTSE 100 edged higher 0.2% as of 10:50 GMT, while the FTSE 250 index of domestically oriented UK firms rose 0.1% International News...
Finance

Stablecoins could siphon off euro zone bank deposits, ECB warns

Bermuda Broadcasting Newsdesk -
Stablecoins, digital assets designed to maintain a stable value, have been growing in popularity and their market value now exceeds $280 billion International News via...
Finance

Pound steady as markets await Britain’s budget

Bermuda Broadcasting Newsdesk -
Finance Minister Rachel Reeves will announce her long-awaited budget on Wednesday International News via Reuters: The pound held steady against the dollar on Monday, with investors...
Finance

Bitcoin on thin ice after sinking in flight from risk

Bermuda Broadcasting Newsdesk -
Bitcoin fell to $80,553, and ether hit a four-month low, as cryptocurrencies led a broad flight from riskier assets International News via Reuters: Bitcoin dropped to...
Finance

Sterling treads water as data paints sombre picture before budget

Bermuda Broadcasting Newsdesk -
Business growth almost ground to a halt this month, retail sales tumbled in October, and a closely watched gauge of household sentiment fell International News...
Finance

Dollar firms as strong US jobs data temper Fed rate-cut expectations

Bermuda Broadcasting Newsdesk -
Long-awaited data released on Thursday showed that employers added more jobs than economists had expected, but the unemployment rate rose International News via Reuters: The dollar...
Finance

UK fraud office probes $28 million cryptocurrency collapse

Bermuda Broadcasting Newsdesk -
The SFO said Basis Markets had raised  cash from  two public fundraisers in late 2021 by selling non-fungible tokens and used the funds to...
Finance

Sterling edges up, Britain’s upcoming budget in focus

Bermuda Broadcasting Newsdesk -
Sterling was last up 0.17% on the dollar at $1.3076, on track for its strongest day in almost a week International News via Reuters: The pound...
Finance

Britain’s stock trade tape to go live by 2027, regulator says

Bermuda Broadcasting Newsdesk -
The regulator’s "consolidated tape" is intended to give investors and companies a clearer view of liquidity across UK equity markets and support listings International News...
Finance

Sterling eases after UK inflation, dollar rises ahead of Nvidia results

Bermuda Broadcasting Newsdesk -
In the meantime, the yen hit a 10-month low against the dollar after a meeting between Bank of Japan Governor Kazuo Ueda and key...
Finance

Bank of England to cut interest rates in December and again in Q1 2026: Reuters poll

Bermuda Broadcasting Newsdesk -
The Monetary Policy Committee voted 5-4 to leave rates unchanged earlier this month, with BoE Governor Andrew Bailey casting the deciding vote International News via...
Finance

Bitcoin slides below $90,000 as traders grow cautious

Bermuda Broadcasting Newsdesk -
The risk-sensitive cryptocurrency has lost all this year's gains and is now nearly 30% below a peak above $126,000 in October International News via Reuters: Bitcoin...
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