Politics David Cameron

  • U.S. President Barack Obama speaks about Brexit at the Global Entrepreneurship Summit at Stanford University in Palo Alto, California, June 24, 2016.

    Britain's exit of the European Union will not divide the "indispensable" partnership between American and the EU, Obama said.

  • Rocky future

    U.S. stock index futures pointed to a lower start to trade, as European stocks and currencies declined following the U.K. vote to leave the EU.

  • BERLIN, June 27- German Chancellor Angela Merkel said on Monday she did not want to pressure Britain to slow or accelerate its exit from the European Union but she also made clear that informal discussions on Brexit could not begin until London applies to leave. But Merkel, Europe's most powerful leader who will play a key role in shaping the future relationship...

  • LONDON, June 27- Prime Minister David Cameron is laying the groundwork for his successor to trigger Britain's departure from the European Union and on Monday urged unity among his top ministers, his spokeswoman said. His spokeswoman said the prime minister had set up a unit of public servants to help a future leader not only negotiate the departure of Britain...

  • LONDON, June 27- Britain's vote to leave the European Union sent new shockwaves through financial markets on Monday, despite efforts by the country's leaders to end the deep political and economic uncertainty unleashed by the decision. Chinese Premier Li Keqiang said uncertainties over the global economy had heightened and called for a "united, stable EU, and a...

  • Big banks big worries but no bailouts: Pro

    Bruce Richards, Marathon Asset Management CEO, weighs in on the potential fallout from Brexit on banks.

  • LONDON, June 27- Prime Minister David Cameron urged his top ministers to get on with business on Monday and has set up a new unit to help lay the groundwork for a Brexit, or Britain's exit from the EU, his spokeswoman said. "The government now needs to focus on doing all it can to prepare for a negotiation for us to leave the European Union... and also to get on with a whole...

  • LAUNCESTON, Australia, June 27- Amid the horror for many, the elation for others and the shock for virtually everybody of the British vote to exit the European Union, perhaps the most measured and predictable response was from commodity markets. For example, Brent had a bigger one-day percentage drop as recently as Feb. 9 this year, when it slumped 7.8 percent amid...

  • PRAGUE, June 27- Britain needs to decide who represents it so that its EU exit talks can take shape without delay, French Foreign Minister Jean-Marc Ayrault said on Monday ahead of post-Brexit solidarity talks with eastern European member states. In an interview with Reuters, Ayrault also said it was "not automatic" that Britain could get Swiss-style access to...

  • LONDON, June 27- The leaders of the campaign to get Britain out of the European Union sought to ease concerns about the country's uncertain economic future by giving public backing to Bank of England Governor Mark Carney and finance minister George Osborne. "Most sensible people can see that Bank of England Governor Mark Carney has done a superb job- and now that...

  • Political pressure builds in UK

    CNBC's Wilfred Frost reports on the political fallout from last week's referendum.

  • LONDON, June 27- Britain's finance minister said on Monday the country's economy was strong enough to cope with volatility caused by its vote to leave the European Union, whose leaders demanded a quick divorce and promised no special treatment. With financial markets shaken by the shock outcome of Thursday's referendum, Chinese Premier Li Keqiang said...

  • LONDON, June 27- The leaders of the campaign to get Britain out of the European Union sought to ease concerns about the country's uncertain economic future by giving public backing to Bank of England Governor Mark Carney and finance minister George Osborne. "Most sensible people can see that Bank of England Governor Mark Carney has done a superb job- and now that...

  • LONDON, June 27- There will be a place for British Finance Minister George Osborne in the new government, a pro-Brexit minister said on Monday, adding that the new administration would represent both those who backed' Remain' and' Leave' in the EU referendum. Asked whether Osborne, who backed Britain remaining in the EU, had a place in the new government to be formed...

  • *Premier- China wants a united, stable Europe. TIANJIN, China, June 27- Britain's vote to leave the European Union has increased uncertainty in the global economy, and China hopes for a united and stable EU and a prosperous United Kingdom, Chinese Premier Li Keqiang said on Monday. "I also want to say here that Europe is an important partner for cooperation with China,...

  • LONDON, June 27- Finance minister George Osborne said Britain's vote to leave the European Union was likely to lead to further volatility on financial markets but said the world's fifth-biggest economy would cope with the challenge ahead. Osborne, who was speaking publicly for the first time since Britain voted to leave the bloc on Thursday, said the...

  • LONDON, June 27- British finance minister George Osborne said on Monday that the public finances would suffer as a result of the vote to leave the European Union, but that new fiscal measures would not be proposed until a new prime minister was in place in the autumn. But in his first public statement since the referendum, he said any new tax and spending measures...

  • BRUSSELS, June 27- Stalemate between Britain and the European Union over what happens next following Britons' referendum vote to leave has opened up a host of possible scenarios. In the most amicable divorce scenario, Britain would trigger Article 50, possibly as early as Tuesday when Cameron meets the other 27 EU leaders at a Brussels summit, or via a formal...

  • LONDON, June 27- British finance minister George Osborne, once the favourite to succeed Prime Minister David Cameron, said he would clarify whether he would run for leadership of the Conservative Party this week after Britons voted to leave the European Union. "There have been questions about the future of the Conservative Party and I will address my role within...

  • *Premier- China wants a united, stable Europe. TIANJIN, China, June 27- Britain's vote to leave the European Union has increased uncertainty in the global economy, and China hopes for a united and stable EU and a prosperous United Kingdom, Chinese Premier Li Keqiang said on Monday. "I also want to say here that Europe is an important partner for cooperation with China,...