• What the ‘London Whale’ Is (Probably) Doing Friday, 13 Apr 2012 | 11:58 AM ET

    In a conference call following this morning’s earnings announcement, JPMorgan Chase Chief Financial Officer Doug Braunstein basically laughed off the idea that a London-based trader in the bank’s chief investment office was engaging in large proprietary trades that were distorting the market in credit default swaps for investment grade corporate bonds.

  • News Corp.’s Times Paper Sued in Hacking Case Friday, 13 Apr 2012 | 11:19 AM ET
    News International

    The London-based daily paper the Times, part of News Corp's UK-based News International, has been sued by detective Richard Horton, whom the paper had exposed as the author of an anonymous police blog by hacking into his email, Horton's lawyer told CNBC.com on Friday.

  • Plenty of Rooms Left for Olympics, for a Price Monday, 9 Apr 2012 | 8:51 PM ET

    Most of London's most exclusive hotels have been booked for the Olympics, snapped up by Olympic officials or companies block-booking rooms for favored customers, but there are still amazing places to stay. If you can afford the bill.

  • Watch May for Bank of England Moves: Economists Thursday, 5 Apr 2012 | 1:35 AM ET

    Anyone expecting the Bank of England to make a move on interest rate or monetary easing policy this month is guaranteed to be disappointed, economists have told CNBC.com

  • Big Ben

    With people panic-buying gasoline, protests against taxes on cheap hot lunches, and worse-than-expected economic data, the mood in the UK seems to be turning from the cautious optimism of early 2012.

  • London, New York Top Cities for Wealthy: Report Wednesday, 28 Mar 2012 | 4:40 AM ET
    London Bridge

    London and New York are still the most important cities for the super-rich despite stiff competition from the emerging economies, a report into attitudes of the wealthy has revealed.

  • Will Scotland Drop Sterling for Euro? Thursday, 22 Mar 2012 | 3:17 AM ET

    Scotland’s centuries-old struggle with the "Auld Enemy"– England–is reaching a new chapter with renewed push for full Scottish independence.

  • Chancellor of the Exchequer George Osborne holds Disraeli's original budget box as he leaves 11 Downing Street for Parliament.

    UK Chancellor of the Exchequer George Osborne announced aggressive cuts to corporation tax as he pledged to make the UK more competitive in his second full budget Wednesday.

  • What Can UK Budget Do to Boost Growth?     Wednesday, 21 Mar 2012 | 2:30 AM ET

    "We think the overall drive of fiscal policy will remain pretty much unchanged today," Tom Rogers economic advisor at Ernst & Young, told CNBC. Extending stamp duty cuts for all the first-time buyers of homes and offering national insurance holidays for companies employing young people would help, Rogers said.

  • UK Budget: Top-Rate Tax Cuts, Job Initiatives Expected Wednesday, 21 Mar 2012 | 1:51 AM ET
    Chancellor of the Exchequer George Osborne holds Disraeli's original budget box as he leaves 11 Downing Street for Parliament.

    Chancellor of the Exchequer George Osborne is expected to strike a note of caution and keep the Treasury’s purse strings firmly closed in Wednesday’s Budget – despite the UK government’s borrowing figures coming in lower than expected.

  • Faberge's 'Big Egg Hunt' May Benefit UK Retail Sales Monday, 19 Mar 2012 | 11:24 AM ET
    The Diamond Jubilee Egg

    London's Big Egg Hunt, sponsored by Faberge, may boost retail sales in the city the same way the Royal Wedding did last year.

  • UK’s Wealthy Cheered by Reported End to 50% Tax Sunday, 18 Mar 2012 | 9:03 AM ET
    Chancellor of the Exchequer George Osborne holds Disraeli's original budget box as he leaves 11 Downing Street for Parliament.

    UK businesses and Conservative politicians have been lobbying for an end to the 50 percent tax rate on income above 150,000 pounds ($235,500) a year since it was brought in two years ago.

  • Olympics Games, Royal Jubilee Boost London Hotels Friday, 16 Mar 2012 | 11:03 AM ET
    A detailed view of the prototype design of the new golden Olympic torch during its unveiling at St Pancras Station on June 8, 2011 in London, England. 8,000 torchbearers will carry the Olympic Flame around the UK during the 70-day relay, which starts at Land's End in Cornwall on May 19, 2012.

    London’s hotel sector will grow by 3.9 percent in 2012, with the London Olympics and the Queen’s diamond jubilee bolstering tourist demand, according to UK estate agency Savills.

  • Regulations Could Make Insurers Flee UK: Analyst Wednesday, 14 Mar 2012 | 6:13 AM ET

    The potential relocation of UK insurers away from Britain will turn “from a trickle into a flood,” says one analyst. Craig Scarr, Head of Insurance at accountancy firm Mazars warned that something needs to be done to stem the threat of new European capital rules, known as Solvency II.

  • UK Chancellor Looks at 100-Year Gilt Wednesday, 14 Mar 2012 | 4:16 AM ET
    George Osborne

    The UK chancellor aims to launch an “Osborne bond”—a 100-year debt issue or even a perpetual gilt that never matures—to take advantage of the country’s historically low interest rates, the Financial Times reports.

  • Former News Int'l CEO Rebekah Brooks Arrested     Tuesday, 13 Mar 2012 | 10:05 AM ET

    CNBC's Catherine Boyle reports former News International CEO, Rebekah Brooks, was arrested again, along with her husband and six other people in connection with an alleged phone hacking scandal.

  • Brooks, 5 Others Arrested in Phone-Hacking Probe Tuesday, 13 Mar 2012 | 8:12 AM ET
    Rebekah Brooks

    British police investigating the systematic hacking of mobile phones to generate stories at a Rupert Murdoch tabloid arrested six people - believed to include former Murdoch editor Rebekah Brooks and her husband - on Tuesday in dawn raids across the country.

  • Prudential Loves London; Brussels, Not So Much Tuesday, 13 Mar 2012 | 6:42 AM ET

    The management of UK-based Prudential has made no decision on whether to relocate outside of the European Union but is watching with apprehension Brussels' plans to introduce new regulation for insurers, CEO Tidjane Thiam told CNBC.

  • 50% Tax Rate Meets Growing Opposition in UK Friday, 2 Mar 2012 | 8:42 AM ET
    Chancellor of the Exchequer George Osborne holds Disraeli's original budget box as he leaves 11 Downing Street for Parliament.

    The 50 percent tax rate paid by the UK’s highest earners has come under renewed attack by business groups as Chancellor of the Exchequer George Osborne prepares for the nation’s budget later in March.

  • Could Drought Hamper Olympics? Friday, 2 Mar 2012 | 6:09 AM ET
    2012 Olympic Rings Unveiled at St Pancras International Station

    Concerns have arisen about water supply and possible restrictions to water usage to the London region as the Olympics get underway this summer after the government declared the region was officially suffering from a drought.