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Politics David Cameron

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  • *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...

  • It also offers a chance for Osborne to boost his chances of becoming Britain's next prime minister if David Cameron steps down before the next election in 2020 as he has said he will. In the last government, the Conservatives' Liberal Democrat coalition partners claimed to have prevented some painful welfare cuts as the two parties tried to wipe out Britain's...

  • LONDON, July 7- Britain's largest energy suppliers could face a price cap after a competition watchdog found they overcharged households by around 1.2 billion pounds each year between 2009 and 2013.. Britain's biggest supplier, Centrica's British Gas, even faced the threat of being broken up after a former energy minister raised the idea in a letter to the...

  • LONDON, July 7- Britain's competition watchdog is proposing a cap on energy prices after it found the country's largest energy suppliers overcharged households around 1.2 billion pounds each year between 2009-2013.. "We are proposing a transitional price cap which would actually protect those who are disengaged and indeed those who are most disadvantaged,"...

  • LONDON, July 6- British firms' appetite for risk has increased since a national election in May, a survey of finance directors showed on Monday, with businesses confident that Prime Minister David Cameron will be able to negotiate better ties with the European Union before holding a referendum on whether the UK should stay or leave. Chief Financial Officers "are...

  • LONDON, July 5- If Greece's' No' vote shocked euro zone leaders, it brought delight to opponents of the European Union who said it showed the entire European project, including the euro, was dying. "The EU project is now dying," said Nigel Farage, leader of the UK Independence Party, an anti-EU party which won 12.6 percent of the vote-- but just one seat-- in Britain's May 7...

  • *Heathrow plan provides greatest benefits, commission says. Proposals to expand Heathrow in densely populated west London are politically divisive and likely to fuel tensions in the ruling Conservative party. Cameron set the deadline after a government-appointed commission selected Heathrow, Britain's busiest airport, as the preferred location for...

  • LONDON, July 1- British Prime Minister David Cameron said on Wednesday he would take a decision by the end of this year on how London's airport capacity will be expanded and would study a recommendation to build a third runway at Heathrow. Cameron was speaking after a government-appointed commission said a third runway should be constructed at London's...

  • PRIME MINISTER DAVID CAMERON SAYS WILL MAKE DECISION ON WHERE TO BUILD NEW LONDON AIRPORT CAPACITY BY END OF THE YEAR.

  • *Heathrow plan provides greatest benefits, commission says. Proposals to expand Heathrow in densely-populated west London are politically divisive and likely to fuel tensions in the ruling Conservative party. After a three-year study, the Airports Commission, as expected, selected a new runway at Heathrow over two other shortlisted options, arguing that it...

  • LONDON, June 30- A British exit from the European Union would be disastrous for the UK financial industry and could prompt companies to leave the country, the sector's main lobby group said on Tuesday. The group represents Britain's financial industry, widely known as "the City." Prime Minister David Cameron has pledged to renegotiate Britain's relationship...

  • LONDON, June 29- Prime Minister David Cameron and other senior policymakers will discuss on Monday how Greece's debt crisis might affect UK banking and whether it might need to help British holidaymakers and residents there. Cameron's spokeswoman said he would chair a meeting attended by Bank of England Governor Mark Carney and senior ministers including...

  • LONDON, June 29- British Prime Minister David Cameron will chair a top level meeting on Monday to discuss the government's contingency planning over the Greek debt crisis, his spokeswoman said.

  • LONDON, June 29- British Prime Minister David Cameron said on Monday he thought it would be hard for Greece to stay in the single currency if Greeks voted to reject a deal from international creditors in a forthcoming referendum. But it's for the Greek people to decide, "Cameron told BBC radio. He said he wanted to see a deal struck between Athens and the EU for the sake...

  • BRITISH PRIME MINISTER DAVID CAMERON SAYS WANTS AGREEMENT BETWEEN GREEK GOVERNMENT AND EURO ZONE FOR SAKE OF STABILITY.

  • LONDON, June 28- A British exit from the European Union would set the country back half a century and be catastrophic for its trade and economic prospects, billionaire entrepreneur Richard Branson said on Sunday. Branson, whose Virgin Group empire ranges from airlines to banking and space travel, was speaking after Prime Minister David Cameron told EU leaders...

  • *Greece for dinner, Britain for dessert- one official. BRUSSELS, June 25- Prime Minister David Cameron will tell European Union leaders on Thursday he needs a new deal to keep Britain inside the bloc, opening an argument over its future at a summit preoccupied with keeping Greece from crashing out. Freshly re-elected last month, Cameron faces difficult...