Bloomberg UK

Bloomberg UK Unbiased UK news and analysis from Bloomberg business teams in the City of London, Westminster and be

12/06/2025

The UK government says ending special tax privileges for the wealthy will bring in billions.

Ben Stupples explains why a growing wealth exodus is putting their decision to the test. http://bloom.bg/43Hvimx

09/06/2025

Nvidia CEO Jensen Huang said the UK was in a sweet spot for AI companies to thrive, but lacks infrastructure

He spoke with UK Prime Minister Keir Starmer at London Tech Week
http://bloom.bg/4mSkQQz

03/04/2025

US President Donald Trump unleashed tariffs on the world on April 2, hitting Asia and Europe particularly hard.

Here's what this means for some of the US’ biggest trading partners like China and the EU. bloom.bg/42t1k4Q

The UK's minimum wage has risen again, with particularly large increases for those under the age of 21. The goals may be...
02/04/2025

The UK's minimum wage has risen again, with particularly large increases for those under the age of 21. The goals may be laudable but the economic side-effects are starting to pile up. Have we reached the trade-off tipping point?

Driving up the cost of the lowest-paid workers means squeezing the wages of the rest.

The deal the UK is brokering with Mauritius over the sovereignty of the Chagos Islands will give the European nation ful...
02/04/2025

The deal the UK is brokering with Mauritius over the sovereignty of the Chagos Islands will give the European nation full control of a key joint US military base in the Indian Ocean and the surrounding electromagnetic spectrum, a British minister says.

The deal the UK is brokering with Mauritius over the sovereignty of the Chagos Islands will give the European nation full control of a key joint US military base in the Indian Ocean and the surrounding electromagnetic spectrum, a British minister said.

The number of new UK buy-to-let mortgages rose the most in more than three years in the fourth quarter of 2024, signalin...
02/04/2025

The number of new UK buy-to-let mortgages rose the most in more than three years in the fourth quarter of 2024, signaling a recovery.

The number of new UK buy-to-let mortgages rose the most in more than three years in the fourth quarter of 2024, signaling a recovery as a dip in borrowing costs offered some relief to buyers.

Staff at the UK’s Office for National Statistics voted to continue industrial action, a fresh setback for the agency tha...
02/04/2025

Staff at the UK’s Office for National Statistics voted to continue industrial action, a fresh setback for the agency that comes just a day after the government launched an investigation into the quality of its data.

Centerbridge Partners is seeking to terminate a deal to buy an Italian lender from Oaktree Capital signed shortly before...
02/04/2025

Centerbridge Partners is seeking to terminate a deal to buy an Italian lender from Oaktree Capital signed shortly before the bank plunged into a crisis over allegations it lent to companies associated with the mafia.

Centerbridge Partners LP is seeking to terminate a deal to buy an Italian lender from Oaktree Capital Management LP signed shortly before the bank plunged into a crisis over allegations it lent to companies associated with the mafia.

Legal & General Investment is betting UK bond rates are now high enough to compensate for the country’s ballooning borro...
02/04/2025

Legal & General Investment is betting UK bond rates are now high enough to compensate for the country’s ballooning borrowing in coming years.

Legal & General Investment Management is betting UK bond rates are now high enough to compensate for the country’s ballooning borrowing in coming years.

Shares of UK clean energy company SSE are at risk of falling if a move to a zonal electricity market slows the rollout o...
02/04/2025

Shares of UK clean energy company SSE are at risk of falling if a move to a zonal electricity market slows the rollout of renewables, according to analysts.

Shares of UK clean energy company SSE Plc are at risk of falling if a move to a zonal electricity market slows the rollout of renewables, according to analysts at several major banks.

Thames Water names Steve Buck as CFO starting April 7 as the debt-laden utility seeks to turn its finances around.
02/04/2025

Thames Water names Steve Buck as CFO starting April 7 as the debt-laden utility seeks to turn its finances around.

Thames Water appointed Steve Buck as chief financial officer to lead an overhaul of a business weighed down by massive debts.

The flow of seaborne oil rose in March, the final month before OPEC+ is set to start adding barrels back to the global m...
02/04/2025

The flow of seaborne oil rose in March, the final month before OPEC+ is set to start adding barrels back to the global market.

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