Politics David Cameron

  • LONDON, Sept 23- Former Goldman Sachs chief economist Jim O'Neill resigned from Britain's finance ministry on Friday after he reportedly clashed with new Prime Minister Theresa May over Chinese investment in the country. One of the areas that Manchester- born O'Neill worked on was the Northern Powerhouse project to improve infrastructure in northern...

  • LONDON, Sept 23- High-profile British Treasury Minister Jim O'Neill, a former Goldman Sachs chief economist, has resigned from his role at the country's finance ministry, the government said on Friday. The Financial Times reported in July that O'Neill could quit his post over new Prime Minister Theresa May's approach to Chinese investment which appeared less...

  • *UK ends weeks of uncertainty, smoothes Chinese, French ties. *Project offers insight into how UK could operate post-Brexit. LONDON, Sept 15- Britain gave the go-ahead for a $24 billion nuclear power plant on Thursday, ending weeks of uncertainty that had strained ties with China, which will help pay for it, and France, which will build it.

  • LONDON, Sept 15- Britain gave the go-ahead for a $24 billion nuclear power plant on Thursday, ending weeks of uncertainty that strained ties with China and France but also signalling a more cautious approach to foreign investment in critical infrastructure projects. Prime Minister Theresa May's government said it would proceed with the Hinkley Point C...

  • *Britain will be able to block sale of EDF's controlling stake. LONDON, Sept 15- Britain gave the go-ahead on Thursday for a $24 billion nuclear power plant, ending weeks of uncertainty that strained ties with China and France but also signalling a more cautious approach to foreign investment in critical infrastructure projects. The government of new Prime...

  • *Britain will be able to block sale of EDF's controlling stake. LONDON, Sept 15- Britain gave the go-ahead on Thursday for a $24 billion nuclear power plant, ending weeks of uncertainty that strained ties with China and France but also signaling a more cautious approach to foreign investment in critical infrastructure projects. The government of new Prime...

  • LONDON, Sept 15- Britain gave the go ahead on Thursday for a $24 billion nuclear power plant, ending weeks of uncertainty that strained ties with China and France and put a question mark over Prime Minister Theresa May's investment policy. In a statement, May's government said it had decided to proceed with the Hinkley Point C project in southwest England after a...

  • The government said in a statement that it had decided to proceed with the 18 billion-pound Hinkley Point plant in southwest England, but that future foreign-funded infrastructure projects will be subject to tighter rules. China and France welcomed the approval, which came weeks after Prime Minister Theresa May unexpectedly stalled the deal after she took...

  • LONDON/ PARIS, Sept 14- Theresa May could announce as soon as Thursday whether Britain will go ahead with a $24 billion nuclear power project, laying down a marker on energy policy and her approach to investment from China. Hours before a deal was due to be signed in July, the new prime minister stunned investors by putting it on hold. May said she needed time to assess...

  • STRASBOURG, Sept 14- Jean-Claude Juncker, the European Union's chief executive, had his annual moment in the spotlight on Wednesday, but his predecessor has cast an unwelcome if unmentioned shadow on his State of the Union address. Just as Juncker was telling Europeans the British vote to quit the bloc must not mean the end of an EU seen by critics as out of touch...

  • LONDON, Sept 14- The BBC is to get a new boss after British Prime Minister Theresa May chose not to make her predecessor David Cameron's nominee an automatic pick for the role, the latest of several breaks with his legacy. Announced in May, the government's BBC reforms stopped short of the heavy-handed intervention that some stars and programme-makers had feared,...

  • Fitch Ratings painted a gloomy picture of the U.K.'s economic prospects, warning that the government was poorly prepared for quitting the EU.

  • *Number and value of UK M&A deals falls after Brexit vote. *Softbank-ARM deal boosts overall value of UK target M&A. *Goldman, Lazard, UBS top UK M&A deal table.

  • *Number and value of UK M&A deals falls after Brexit vote. *Softbank-ARM deal boosts overall value of UK target M&A. *Goldman, Lazard, UBS top UK M&A deal table.

  • Former U.K. Prime Minister David Cameron has resigned from politics, announcing on Monday his plan to step down as a member of parliament.

  • LONDON, Sept 8- New finance minister Philip Hammond played down expectations of a surge in public spending to offset the economic hit from the Brexit vote, but said he could fund modest infrastructure projects if needed. Shortly after taking office in July, Hammond said he might' reset' his predecessor's plans to target a budget surplus by 2020, suggesting he...

  • LONDON, Sept 8- Britain should start talks to leave the European Union as soon as possible, European Council President Donald Tusk said on Thursday, adding weight to calls for Prime Minister Theresa May to start the formal divorce procedure. In London, Tusk met May for their first head-to-head meeting since Britain voted to leave the bloc in a referendum on June 23...

  • LONDON, Sept 5- Britain's economy showed its clearest sign to date of bouncing back from the initial shock of June's vote to leave the European Union, but a big slowdown in growth and a further Bank of England rate cut remain on the cards. A closely-watched monthly gauge of Britain's giant services industry published on Monday reported a record leap in activity in...

  • LONDON, Sept 3- Prime Minister Theresa May will not announce her keenly awaited decision on a partly-Chinese funded nuclear power project in the coming days, a British official said on Saturday as May flew to China to meet President Xi Jinping at her first G20 summit. May will make her major international summit debut on Sunday after Britain's shock vote in June...

  • LONDON, Aug 26- Britain's high streets are heaving with shoppers despite June's shock vote to leave the European Union, big companies have reported few signs of distress and some tabloid newspapers are even talking about a post-Brexit economic boom. The overwhelming view from economists is that it is too early to know how Britain will cope with years of Brexit...