Prime Minister David Cameron said on Thursday that the Bank of England had to play its part in getting Britain's economy growing and said the government must curb spending and borrowing.
As central banks in Europe edge closer to deciding that their flagging economies need yet more monetary stimulus, they cast an envious eye towards China.
Britain's tax authority on Thursday published the names of what it described as "tax cheats" for the first time, part of efforts to address public anger over tax evasion at a time of economic austerity.
British Prime Minister David Cameron arrives in India on Monday to try to win new investment in the face of fierce global competition.
French efforts to divert Europe from economic austerity have foundered twice in a week due to German resistance, underlining a growing policy divide that is hobbling the core partnership.
European Union leaders reached agreement on the first ever cut in their common budget on Friday after 24 hours of talks, seeking to placate millions at home struggling through government cutbacks and recession.
Incoming Bank of England Governor Mark Carney is set to address policymakers at a U.K. parliamentary committee on Thursday with many expecting sterling to fall as he delivers his dovish policy outlook, but analysts have told CNBC that this could prove to be wrong and the currency could in fact move sharply higher.
British Prime Minister David Cameron hopes to enlist the support of Germany and other rich north European countries in his fight to freeze EU spending at budget talks this week and is prepared to block a deal unless more savings are found.
Olli Rehn, European Union economy chief, tells CNBC that the UK announcement of referendum is creating uncertainty and is not necessarily helpful in terms of stabilizing the economy.
Lionel Barber, editor at The Financial Times, tells CNBC that the key questions will be what kind of powers David Cameron can repatriate from the EU and what about the uncertainty created for business.
Fredrik Reinfeldt, Swedish Prime Minister, tells CNBC he believes UK Prime Minister, David Cameron was taking initiative by calling a referendum and fighting to stay inside the European Union.
Gary Dugan, CIO, Asia & Middle East, Coutts analyzes the reasons why U.K. Prime Minister David Cameron is pushing for a referendum on the country's membership in the EU.
Eurasia Group President Ian Bremner and Stefano Aversa, co-president at Alix Partners, discuss market uncertainty ahead of David Cameron's speech on Friday, plus Italy's political future.
Stephen King, group chief economist at HSBC, tells CNBC that UK trade links with Europe have grown enormously over the last twenty five years in contrast to countries in the emerging world.
Prime Minister David Cameron promised on Wednesday to give Britons a straight referendum choice on whether to stay in the European Union or leave within the next parliament if he is re-elected at the next election in 2015.
Peter Sands, CEO of Standard Chartered, tells CNBC that they are glad to have settled the US issues and the bank continues to grow with a focus on Asia, Africa and the Middle East.
Algerian special forces have found the bodies of two Canadian Islamist fighters after a bloody siege at a desert gas plant, a security source said on Monday, as the death toll reached at least 80 after troops stormed the complex to end the hostage crisis.
Prime Minister David Cameron is leading Britain into a minefield in seeking to renegotiate its terms of membership of the European Union. His gamble could easily end in a bust.
Algeria said on Sunday it expected heavy hostage casualties after its troops ended a desert siege, but Western governments warned against criticizing tactics used by their vital ally in the struggle with Islamists across the Sahara.
The Algerian army carried out a dramatic final assault to end a siege by Islamic militants at a desert gas plant on Saturday, killing 11 al Qaeda-linked gunmen after they took the lives of seven more foreign hostages.