Politics David Cameron

  • LONDON, June 30- Britain will do everything it can to safeguard Japanese investment into the country in light of last week's vote to leave the European Union, a statement from Prime Minister David Cameron's office said on Thursday. "The Prime Minister said the UK greatly valued the investment of Japanese businesses into the UK, and we would do everything we could...

  • A bank teller counting stacks of Chinese currency notes at a local bank in the eastern city of Nanjing.

    The British pound traded more than 1 percent lower after Mark Carney, the head of the Bank of England, made remarks about the U.K. economy following the Brexit vote.

  • LONDON, June 30- Bank of England Governor Mark Carney said the central bank would probably need to pump more stimulus into Britain's economy over the summer after the shock of last week's decision by voters to leave the European Union. Carney also said he would not consider resigning from the Bank if his critics from the referendum's Leave campaign, who were...

  • LONDON, June 30- Britain should negotiate the preliminary terms of its exit from the European Union before triggering the formal Article 50 exit process, said Conservative lawmaker Michael Gove, who earlier on Thursday launched a bid to succeed Prime Minister David Cameron.

  • LONDON, June 30- Bank of England Governor Mark Carney said the central bank would probably need to pump more stimulus into Britain's economy over the summer after the shock of last week's decision by voters to leave the European Union. Carney also said he would not consider resigning from the Bank if his critics from the referendum's Leave campaign, who were...

  • *Bank of England says economic outlook worsens. LONDON, June 30- Former London mayor Boris Johnson abruptly pulled out of the race to become Britain's prime minister that he was once favoured to win, upending the contest less than a week after he led a campaign to take the country out of the EU. It makes interior minister Theresa May, a party stalwart who backed...

  • LONDON, June 30- Sterling skidded to its weakest in more than two years against the euro on Thursday after the head of the Bank of England said more stimulus would probably be needed in Britain over the summer after last week's shock vote to leave the European Union. Governor Mark Carney, who had previously warned of a possible recession in Britain if it chose to...

  • *FTSE 100 up 2.3 pct at close. LONDON, June 30- Britain's top share index closed on Thursday at its highest level for 2016, having completely rebounded from a substantial sell-off in the wake of the country's vote to leave the EU. The FTSE 100 was up 2.3 percent at 6,504.33 points at its close.

  • LONDON, June 30- Leading Brexit campaigner Michael Gove's bid to replace David Cameron as British prime minister came as a complete shock on Thursday after the cerebral justice secretary had given every sign he would back the flamboyant Boris Johnson for the job. Gove and Johnson, the former London mayor and platinum-haired showman long considered the...

  • Bank of England Governor Mark Carney

    Bank of England governor Mark Carney forecast a "material slowing" in economic growth as a result of last week's shock referendum result.

  • LONDON, June 30- Former London mayor Boris Johnson, favorite to become Britain's prime minister, abruptly pulled out of the race on Thursday, upending the contest less than a week after leading the campaign to take the country out of the EU. Johnson's announcement, to audible gasps from a roomful of journalists and supporters, was the biggest political surprise...

  • TOKYO, June 30- Japanese Prime Minister Shinzo Abe urged the British and German leaders on Thursday to work together to restore confidence in global financial markets after Britain's shock decision in a referendum last week to leave the European Union. In a statement, the Japanese government said Abe had held separate telephone conversations with British...

  • LONDON, June 30- Former London mayor Boris Johnson, favourite to become Britain's prime minister, abruptly pulled out of the race on Thursday, upending the contest less than a week after leading the campaign to pull the country out of the EU. Johnson's announcement, to audible gasps from a roomful of journalists and supporters, was the biggest political surprise...

  • LONDON, June 30- Former London mayor Boris Johnson, runaway bookmakers' favourite to become Britain's prime minister, abruptly pulled out of the race on Thursday in a shock announcement less than a week after leading the campaign to pull the country out of the EU. Johnson's announcement, to audible gasps from a roomful of journalists and supporters, was the...

  • LONDON, June 30- Sterling steadied against the dollar on Thursday after a two-day rebound, as investors waited for new developments on Britain's decision to leave the European Union. The pound had plunged almost 8 percent last Friday, the steepest daily decline in the post-1973 floating-exchange-rate era, after the result of Britain's referendum on EU...

  • BERLIN, June 30- German Chancellor Angela Merkel declined to comment on Thursday on remarks by British Interior Minister Theresa May that exit talks between Britain and the EU would not start until the end of the year. "I don't want to comment on every remark," Merkel said during a news conference in Berlin when asked about May's comments, adding that one should wait...

  • Brexit EU's wakeup call

    Jerome Booth, New Sparta chairman explains why he voted to leave the European Union.

  • LONDON, June 30- Former London mayor Boris Johnson abruptly pulled out of the race to become Britain's next prime minister on Thursday, in a shock move that upturned a political order shaken by last week's vote to leave the European Union. Johnson, whose support for the campaign to leave the EU was widely considered one of the decisive factors in the campaign, had...

  • LONDON, June 30- Britain will not decide where to build a new runway at a London airport until at least October due to the political turmoil following Britons' vote to leave the European Union, Transport Minister Patrick McLoughlin said on Thursday. Heathrow, Britain and Europe's busiest airport, has been campaigning for 25 years to build an extra runway and a...

  • *Bookmakers make interior minister favourite to be PM. LONDON, June 30- British interior minister Theresa May, the bookmakers' favourite to replace David Cameron as prime minister, said on Thursday there was no going back on Britain leaving the EU but that divorce talks would not start until the end of the year. As Britain reels from the decision to leave the EU,...