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@BloombergUK

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Unbiased UK news from @business 📨 Money Distilled: 💷 UK Wealth: 🌆 In the City:

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@BloombergUK
Bloomberg UK
2 days
🎧 Why are politicians being punished for the sins of central banks? Join @MyStephanomics , @adwooldridge and @allegrastratton on the new Voternomics for the answer ➡️
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@BloombergUK
Bloomberg UK
2 years
Goodbye, Lightning port 👋 Members of the European Parliament overwhelmingly voted to force Apple and other companies to use a standard USB-C charger on their products — including the iPhone
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Bloomberg UK
4 years
BREAKING: Boris Johnson says the U.K. will now get ready to split from the EU’s single market and customs union without a new trade agreement
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@BloombergUK
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2 years
UK markets have lost at least $500 billion in combined value since Liz Truss took over as prime minister
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Bloomberg UK
10 months
NEW: The Qatari group led by Sheikh Jassim is increasingly confident it's won the bidding war for Manchester United, thwarting a rival offer from British billionaire Jim Ratcliffe
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Bloomberg UK
4 years
"Boris Johnson has been lying to the people in the U.K." German MEP Theresa Reintke tells the U.K. prime minister to return to the negotiating table, "stop blaming others for your own actions," and "take responsibility" for Brexit
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2 years
Britain drops behind India to become the world's sixth largest economy The former British colony jumped past the UK in the final three months of 2021 to become the fifth-biggest economy ⬇️
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Bloomberg UK
2 years
Prince Charles announces the government's top priority is to "help ease the cost-of-living for families," with a promise to "level up opportunity in all parts of the country"
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4 years
BREAKING: JPMorgan is moving about 200 billion euros ($230 billion) from the U.K. to Frankfurt as a result of Brexit, a shift that will make it one of the largest banks in Germany
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Bloomberg UK
4 years
"The Commission has decided to send a letter of formal notice to the U.K. government" European Commission President Ursula von der Leyen says the EU is starting legal action against the U.K. for breaching its obligations under the Withdrawal Agreement
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2 years
The UK will be stuck with searing inflation for years because of Brexit, according to strategists at Wall Street’s top banks
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Bloomberg UK
2 years
BREAKING: Boris Johnson announces "largest set of economic sanctions Russia has seen," including banning Russian banks from U.K. finance system, blocking Russian firms from raising finance in London and sanctions against over 100 individuals and entities
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Bloomberg UK
5 years
The pound climbed to its its highs of the day after Boris Johnson lost his parliamentary majority
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3 years
The British Soft Drinks Association says manufacturers have “only a few days” of carbon dioxide left in reserve to produce beverages and can’t import supplies from the EU due to Brexit
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Bloomberg UK
2 years
"Hasta la vista, baby" This is how Boris Johnson signed off his final #PMQs as prime minister: with advice to "stay close to the Americans" and a quote from Terminator 2
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@BloombergUK
Bloomberg UK
1 year
Qatari royals including former prime minister plan £5 billion opening bid for Man United
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Bloomberg UK
2 years
"This has just been shameful" — Labour's Yvette Cooper says U.K. government response to Ukrainian refugee crisis has been "a total disgrace... bringing shame upon our country"
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Bloomberg UK
2 years
NEW: The Glazer family would consider selling a minority stake in Manchester United, sources reveal, as pressure mounts on their ownership of the iconic football club
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Bloomberg UK
1 year
A firm belonging to the son of Nigeria’s president-elect bought an $11 million London mansion that his predecessor’s government was seeking to confiscate as part of a corruption probe, documents show
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@BloombergUK
Bloomberg UK
5 years
Watch the moment that Nick Boles resigned from the Conservative Party, blaming his party for "refusing to compromise" on its Brexit deal
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@BloombergUK
Bloomberg UK
9 months
"If I see this country steering itself over a cliff, backing fossil fuel, I'm going to start pulling out" Mining billionaire Andrew Forrest threatens to pull investment from the UK over "clickbait" climate policies
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Bloomberg UK
1 year
PM Rishi Sunak says that as chancellor, he "introduced a new tax on energy companies" and tells Labour to "keep up" Keir Starmer responds: "He introduced a tax on Shell and they haven't paid a penny, fantastic work" #PMQs
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Bloomberg UK
2 years
"The prime minister, now, should be long gone... the gig's up" Influential Conservative MP Steve Baker explains why he is unable to forgive Boris Johnson for his handling of "partygate," saying any other minister would have been forced to resign
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2 years
80% of Britain’s inflation problem stems from Brexit, according to a former Bank of England policy maker
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Bloomberg UK
5 years
Polls suggest "the vast majority want to get out now, even if they voted Remain" and most people would be happy with a no-deal Brexit, Iain Duncan Smith says
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Bloomberg UK
7 months
"A man is a man and a woman is a woman, that's just common sense" UK Prime Minister Rishi Sunak says "we shouldn't get bullied into believing that people can be any sex they want to be," to loud cheers and applause at the Conservative Party Conference
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@BloombergUK
Bloomberg UK
10 months
Brexit "has been tragic for UK business," Brewdog CEO James Watt says "It's massively handicapped UK companies that do business in Europe with zero benefit," he tells @lizzzburden
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Bloomberg UK
1 year
Treasury Minister Andrew Griffith fails to name a single benefit of Brexit, after being put on the spot by the SNP's Peter Grant in the House of Commons
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Bloomberg UK
2 years
"I think we're actually in a really good place" International Trade Secretary Kemi Badenoch says many businesses have welcomed the economic policies set out by Liz Truss's government, adding "market turmoil happens fairly frequently"
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Bloomberg UK
2 years
"We've no idea where Liz Truss is, we've no idea where the chancellor is" — Former Bank of England policy maker @D_Blanchflower says the UK economy is "now in chaos"
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Bloomberg UK
2 years
JUST IN: Pound slumps to record low against dollar
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2 years
"The UK is behaving like an emerging market turning itself into a submerging market" Former US Treasury chief Larry Summers says he would not be surprised to see the pound drop below one dollar if Liz Truss's government continues on its policy path
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Bloomberg UK
6 years
Liam Fox's plan to swiftly replicate the EU's terms with the World Trade Organization has failed. Now Britain must enter what are likely to be lengthy talks with other members on basic conditions of trade after Brexit:
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1 year
"Mr President, I would really like to hug you but I am not allowed" "Why not?" President Volodymyr Zelenskiy hugs a reporter during a press conference with UK Prime Minister Rishi Sunak
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2 years
"Where is she? She's run away!" Labour MPs call out to Suella Braverman, who left the Commons chamber before an Urgent Question from Yvette Cooper on her reappointment as home secretary
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Bloomberg UK
2 years
Rishi Sunak says the government's computer system wouldn't let him increase benefits further this year in response to the cost of living crisis The chancellor acknowledges "technical problems sounds like an excuse"
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2 years
Traffic on major routes in Kent has been brought to a standstill again due to delays in Channel crossings A 23-mile stretch of the M20 was closed to store thousands of lorries heading for the Port of Dover or Eurotunnel
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5 years
On the night of the Brexit referendum the British pound went into free fall. While many watched with horror, a handful of hedge funds were making staggering profits
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2 years
At least £300 billion has been wiped from the combined value of UK stock and bond markets since Liz Truss became prime minister @marketsjoe explains why some investors see Britain as "uninvestable"
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Bloomberg UK
3 years
BREAKING: Morgan Stanley plans to move about 100 billion euros of assets to Frankfurt, the latest Wall Street bank to shift business from the U.K.
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Bloomberg UK
2 years
"Roman Abramovich is not sanctioned... his children are not in the bombardments, his children are there in London" Ukrainian activist Daria Kaleniuk singles out Chelsea's oligarch owner as she confronts Boris Johnson
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Bloomberg UK
1 year
London has lost its crown as Europe’s biggest stock market to Paris
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2 years
"All along the way, everything he has sought to do has been about him" — Labour's Jess Phillips accuses Boris Johnson of failing to answer simple questions on lockdown parties in Downing Street
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Bloomberg UK
2 years
Car production is crashing in the UK, and now Jaguar Land Rover is in talks with battery makers about making electric vehicles elsewhere
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Bloomberg UK
4 years
BREAKING: Boris Johnson says the U.K. is now preparing for a relationship with the EU "more like Australia's, based on simple principles of global free trade," as the bloc has "refused to negotiate seriously" in Brexit talks More:
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1 year
Media leaks have not dented sales of Prince Harry's memoir 'Spare,' which is set to be one of the best-selling books of the year, say retailers
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2 years
EXCLUSIVE: The EU is ready to suspend its trade deal with the UK if Boris Johnson's government revokes the Northern Ireland protocol
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2 years
JUST IN: Scotland's First Minister Nicola Sturgeon says her government proposes a new independence referendum be held on 19 October 2023 The question that would be put before voters: "Should Scotland be an independent country?"
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Bloomberg UK
2 years
The Brexit fallout is never far from the headlines Recent weeks have seen truck queues, crisis talks, and a new Minister for Brexit Opportunities So, what is the state-of-play for the U.K. after leaving the EU? Join @Joe_Mayes and @Elashton to find out
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Bloomberg UK
3 years
NEW: The U.K. government will not publish an impact assessment of its trade deal with the EU despite producing similar reviews of other major trade pacts it has signed
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Bloomberg UK
3 years
"The reality of being a third country has come home to roost" Mairead McGuinness, European commissioner for financial services, warns "change is coming" for the City of London after Brexit, with no fixed timeline for a decision on equivalence
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Bloomberg UK
4 years
BREAKING: The European Commission will send a “letter of formal notice” to the U.K. for breaching the Withdrawal Agreement, the first step in a process that could result in a lawsuit
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Bloomberg UK
2 years
The photographic record of Queen Elizabeth II's life gives us a glimpse into two tumultuous centuries — and one unflappable monarch
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Bloomberg UK
1 year
"Long live the king. Slava Ukraini" — President Zelenskiy ends his speech at Westminster Hall He says two years ago he left UK Parliament with "delicious English tea," today he's leaving "thanking all of you in advance for powerful English planes"
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Bloomberg UK
2 years
A key part of the U.K.’s post-Brexit border IT system could remain out of service until at least Monday Here's what's gone wrong and why it's adding to traffic chaos at the country's busiest port ⬇️
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2 years
Portugal opens an inquiry into Russian billionaire Roman Abramovich’s successful bid to become a citizen of the country last year
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3 years
"Europe has clearly won the battle for its own share trading" Aquis CEO Alasdair Haynes, from London's second-biggest venue for trading European shares, says 99.6% of trades shifted to the EU overnight — "a spectacular own goal" for Britain post-Brexit
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Bloomberg UK
2 years
A cortege carries the coffin of Queen Elizabeth II from Buckingham Palace to Westminster Hall, with King Charles III, Princes William and Harry and other royals walking behind Huge crowds have gathered to watch the historic procession
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Bloomberg UK
2 years
"Pay rises for City bankers, pay cuts for district nurses — that’s the new approach" Labour's Keir Starmer challenges Boris Johnson on reports he's considering relaxing restrictions on executive pay, saying PM has "rolled over on bankers' bonuses" #PMQs
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Bloomberg UK
2 years
Tributes to the Queen roll in from international leaders, with France's Emmanuel Macron saying she "marked her country... forever” Ireland's Michael D Higgins praised her "exceptional dignity," saying she "did not shy away from the shadows of the past"
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Bloomberg UK
2 years
BREAKING: "We cannot and will not just look away" — U.K. Prime Minister Boris Johnson pledges support for Ukraine and sanctions against Russia, saying Vladimir Putin has "unleashed war... without any credible excuse" Latest:
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Bloomberg UK
1 year
Brexit is costing the UK economy £100 billion a year, with the effects spanning everything from business investment to the ability of companies to hire workers
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Bloomberg UK
2 years
EXCLUSIVE: The UK government is planning for several days of organised blackouts this winter for industry and households under its latest “reasonable worst-case scenario”
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Bloomberg UK
2 years
Either Liz Truss or Rishi Sunak will take over a UK that's facing the fastest inflation in four decades and risks of a recession that the Bank of England says may last into 2024 By contrast, the Indian economy is forecast to grow more than 7% this year
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1 year
JUST IN: Labour calls on the government to investigate whether power-trading firms are manipulating energy markets to boost their profits, after an investigation by Bloomberg News
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2 years
The UK’s decline down the international rankings is an unwelcome backdrop for the new prime minister, and comes in the final few days of Boris Johnson's time in power
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Bloomberg UK
3 years
A month on from Brexit, British firms are being slowly ground down by cross-border delays — but it's a story that's barely made a ripple in the U.K.
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Bloomberg UK
2 years
The formal notice of Queen Elizabeth's death that was placed outside Buckingham Palace a short time ago It reads: "The Queen died peacefully at Balmoral this afternoon" More:
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Bloomberg UK
7 years
The unmistakable evidence that Brexit has already been bad for Britain
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5 years
"You pushed your luck too far," Nigel Farage tells Michel Barnier and calls for the EU to reject any request to delay Brexit
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Bloomberg UK
2 years
Finnish Prime Minister Sanna Marin comes under heavy media criticism after enjoying a night out on the town knowing she had been exposed to Covid-19
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Bloomberg UK
5 years
Brexit is "completely senseless in the modern world" and people "need to wake up," Finland's ex-PM @alexstubb says
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2 years
BREAKING: Queen Elizabeth II, the UK's longest-reigning monarch, has died. She was 96. In a statement, Buckingham Palace said: "The Queen died peacefully at Balmoral this afternoon."
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2 years
Elizabeth II’s death marks the start of a tumultuous 10 days for the UK that will see a queen buried, a nation mourn its longest-reigning monarch, and a new king proclaimed
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Bloomberg UK
2 years
Psilocybin, a hallucinogenic compound found in fungi, helped "open up" and improve communication within the brain, researchers from Imperial College London found That kind of liberating effect wasn't seen with the traditional antidepressant Lexapro, according to the study
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Bloomberg UK
6 years
Hedge funds made millions from the pound's Brexit crash. @CamSimpsonNews spent 7 months investigating how
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Bloomberg UK
1 year
The UK strikes couldn’t have come at a worse time for the retail and hospitality sectors. And it could get even tougher in 2023.
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Bloomberg UK
1 year
Boris Johnson is singled out for praise by Ukrainian President Volodymyr Zelenskiy, who says the former UK prime minister "got others united when it seemed absolutely, absolutely impossible"
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Bloomberg UK
7 years
"You may say I’m a dreamer" - Donald Tusk quotes John Lennon as he hopes for Brexit reversal
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Bloomberg UK
2 years
"How shameful does that make us look around the world?" Labour's Yvette Cooper criticises Priti Patel over planned deportation of migrants to Rwanda, saying the home secretary is only concerned with "picking fights and finding someone else to blame"
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Bloomberg UK
2 years
🍕 The last Domino’s Pizza in Italy has closed for good 🍕 Despite ambitious plans and major investment from the global chain, Italians continued to choose local restaurants over the American option
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Bloomberg UK
6 years
U.K.'s secret Brexit studies reveal that Airbus makes planes
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Bloomberg UK
3 years
"We have a deal in trade which benefits the EU, but not a deal in services which would have benefited the U.K." Ex-PM Theresa May gives her verdict on Boris Johnson's Brexit deal, warning MPs not to think that "sovereignty means isolationism"
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Bloomberg UK
6 months
King Charles III hosted South Korea's president with a glittering banquet at Buckingham Palace, with K-pop girl group Blackpink getting praise for their messages on environmental sustainability
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Bloomberg UK
4 years
"The EU does not have a trade agreement with Australia. We are currently trading on WTO terms" EU Commission President Ursula von der Leyen says she was "a little surprised" to hear Boris Johnson speak about an 'Australian model' for post-Brexit trade
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Bloomberg UK
2 years
BREAKING: Bank of England hikes interest rates by 50 basis points to 1.75%, the biggest increase in 27 years, warning the UK economy faces a long recession
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2 years
BREAKING: The U.K. government plans to phase out all imports of Russian oil, its latest sanctions move against Vladimir Putin’s administration over the war in Ukraine
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Bloomberg UK
1 year
"We want to return to the European Union" The Scottish National Party's new leader Humza Yousaf describes himself as "a proud Scot, and equally a proud European too"
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Bloomberg UK
2 years
The Queen leads the Royal family onto the Buckingham Palace balcony for a flypast to mark her #PlatinumJubilee , as crowds cheer below
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