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David Cameron

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  • *Economists see Bank of England rate rise? LONDON, July 28- British economic growth got back on track in the second quarter but the strength of the pound hurt manufacturers, putting the Bank of England in a tricky spot as it gets closer to raising interest rates. "Sterling strength has clearly been a key driver behind the re-emergence of the two-speed economy, making...

  • SINGAPORE, July 28- Britain on Tuesday said it would clamp down on the use of "dirty money" to buy up expensive properties, promising to expose the owners of anonymous foreign shell companies hiding cash in London's buoyant housing market. Prime Minister David Cameron, speaking in Singapore on a regional trade visit, said the promise was part of anti-corruption...

  • LONDON, July 28- Britain on Tuesday vowed to clampdown on the use of "dirty money" to buy up expensive properties, promising to expose the owners of anonymous foreign shell companies hiding cash in London's buoyant housing market. Prime Minister David Cameron, speaking in Singapore on a regional trade visit, said the promise was part of anti-corruption efforts to...

  • JAKARTA, July 28- British Prime Minister David Cameron sought to forge closer business ties with Indonesia on Tuesday, saying British investment could easily double if deals can be clinched on infrastructure projects. Indonesia is Cameron's first stop on a four-day trade mission to Southeast Asia to spur lucrative business deals and encourage new...

  • JAKARTA/ LONDON, July 27- Prime Minister David Cameron said on Monday he was ready to order air strikes on Islamist militant targets in Libya and Syria to prevent attacks on the streets of Britain as he stepped up his rhetoric against Islamic State insurgents. "As prime minister, I would always want to try and take that action, and that's the case whether that problem...

  • The trip, which begins in earnest on Monday, is expected to take in Indonesia, Malaysia, Singapore and Vietnam, and will be Cameron's first outside Europe since he won an unexpectedly convincing election victory in May. Around 500 people from Indonesia, which has the world's largest Muslim population, and 200 from Malaysia are believed to have joined the...

  • President Barack Obama told the BBC in an interview excerpt that aired on Thursday that Britain must remain in the European Union to maintain its global influence. Britain's EU membership "gives us much greater confidence about the strength of the transatlantic union," Obama said, adding the EU had "made the world safer and more prosperous."

  • LONDON— A former tabloid editor who also served as British Prime Minister David Cameron's communications chief has been ordered to pay 150,000 pounds toward the costs of his trial for phone hacking at the now-defunct News of the World. Prosecutors had asked for Andy Coulson to pay 750,000 pounds. Judge John Saunders said Coulson's "financial situation and...

  • The capital of euro trading prospers outside the euro zone, but London's dominance of the $5.3 trillion- a-day foreign exchange market could wane if Britain left the European Union. "If the UK left the European Union, London's dominance of foreign exchange including euro trading would gradually decline and then end as the flows moved to Asia and other European...

  • BERLIN, July 19- German Chancellor Angela Merkel tried to restore calm to her coalition government on Sunday after tensions tied to bailout negotiations with Greece burst out into the open, laying bare resentment among the highest-ranking ministers in her cabinet. The rare public feuding underscored the toll that months of hard-fought talks with Greece has...

  • DUBAI, July 17- Iran, embarking on a diplomatic offensive in the wake of its nuclear deal with world powers, told fellow Muslim countries on Friday it hoped the historic accord could pave the way for more cooperation in the Middle East and internationally. She said Iran was seriously determined to further expand ties with regional states and its neighbours, some...

  • *Germany may consider extending Greek debt maturities. ATHENS, July 15- Protesters threw petrol bombs at Greek police outside parliament in Athens on Wednesday as lawmakers prepared to vote on a painful austerity package that European creditors have demanded in return for a new bailout to keep the country in the euro. The clashes, the most serious Greek street...

  • Daniel Craig, Judi Dench urge UK government to back BBC Wednesday, 15 Jul 2015 | 6:31 AM ET

    LONDON— Stars including Daniel Craig and Judi Dench are urging the British government to protect the BBC, as the publicly funded broadcaster faces budget cuts and political pressure for its ambitions to be curbed. "Harry Potter" author J.K. Rowling and naturalist David Attenborough also signed Wednesday's letter to Prime Minister David Cameron, calling the...

  • Euro zone wrestles over emergency financing for Greece Tuesday, 14 Jul 2015 | 5:59 AM ET

    BRUSSELS, July 14- Euro zone finance officials were struggling on Tuesday to find a way of keeping Greece from defaulting on debt repayments to the ECB next week, with up to six options on the table but none that is problem-free. Greece needs 3.5 billion euros by Monday to redeem its maturing credit from the European Central Bank. Overall, Greece needs 7 billion...

  • LONDON, July 13- Implementing a deal between Greece and other euro zone leaders over its debts is a task that should not be underestimated, a spokeswoman for British Prime Minister David Cameron told reporters on Monday. "Clearly the challenge now will be on delivering on that and the implementation which lies ahead... and I don't think we underestimate the size of...

  • *Heathrow forced to cancel some flights. "Both runways are open, although there will still be delays and a few cancellations- we are sorry for the disruption to passengers," Heathrow said in an emailed statement. The activists, from a group called' Plane Stupid' which opposes the growth of aviation, said a 23 billion pound plan to build a third runway at Heathrow would...

  • *Launch of new productivity plan follows UK budget. LONDON, July 9- Britain's government said on Friday it would remove obstacles to building new houses as it tries to tackle a chronic shortage of homes and put its economy on a sounder footing. "In stark terms, it now takes a worker in the UK five days to produce what his or her counterparts in Germany can deliver in four,"...

  • LONDON, July 9- Britain will announce on Friday an overhaul of rules on how and where new houses can be built as it tries to address a chronic shortage of homes and put its economy on a sounder footing. A new plan to boost Britain's weak productivity will include powers for the government to step in and draw up housing plans if local authorities fail to do so.

  • LONDON, July 8- British finance minister George Osborne said he would reshape the world's fifth-largest economy by chopping welfare but also announced a new national minimum wage in a budget that reflects an unexpectedly decisive election victory. In the first solely Conservative budget for nearly 20 years, Osborne, a leading contender to succeed Prime...

  • *UK to gradually reduce bank levy. LONDON, July 8- British finance minister George Osborne, fresh from a decisive election victory, pledged to recast the country's economy by chopping welfare spending, lowering the tax bill for workers and tackling low productivity that could undermine the recovery. The budget offers Osborne an opportunity to boost his chances...