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  • UK Already Back in Recession: Think Tank Monday, 16 Jan 2012 | 5:09 AM ET

    The United Kingdom is likely already back in recession and may see unemployment approach three million before the end of the year, economic think tank the Ernst & Young Item Club forecast on Monday.

  • Inquiry of MF Global Intensifies as New Details Emerge Tuesday, 10 Jan 2012 | 4:42 AM ET
    MF Global website

    The investigation into MF Global is intensifying as federal authorities unearth new details and confront potential obstacles in their hunt for roughly $1.2 billion in customer money that disappeared. The New York Times reports.

  • More City of London Job Losses Coming: CBI Survey Monday, 9 Jan 2012 | 6:10 AM ET

    Business levels are retuning to normal after four years of decline, a leading survey of financial services firms found on Monday, but there will be more job cuts in the City of London this quarter as uncertainty over the euro zone debt crisis continues.

  • Confidence in London Property Market Falls Friday, 6 Jan 2012 | 5:25 AM ET
    London Financial District

    Concerns about the crisis in the euro zone and the effect of sweeping regulatory changes on bank lending have pushed confidence in London’s commercial property market to the lowest level in two years. The FT reports.

  • UK Bonds Boosted By Euro Zone Woes Friday, 6 Jan 2012 | 1:07 AM ET

    UK government bonds, having seen record lows in the 10-year yields at the end of 2011, will continue to be a sought-after safe haven asset as long as the euro zone's debt crisis remains unresolved, according to bond experts.

  • Euro Break-Up Biggest Threat in 2012: CFOs Survey Tuesday, 3 Jan 2012 | 5:41 AM ET

    UK chief financial officers (CFOs) see the break - up of the European single currency as the greatest threat to their businesses in 2012, a survey from the accountancy firm Deloitte showed on Tuesday.

  • US Investors Sue Lloyds Chiefs Over HBOS Tuesday, 3 Jan 2012 | 1:54 AM ET

    American shareholders are suing Britain's Lloyds Banking Group and the bank's former executives, saying they were misled over its rescue of fellow lender HBOS in the depths of the financial crisis in 2008.

  • Games Employ 40,000 in Construction Wednesday, 28 Dec 2011 | 1:33 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.

    Ten percent of the 40,000 construction workers employed for the 2012 Olympic Games were previously out of work, according to a report by the Olympic Development Authority (ODA).

  • Banks Are the 'Grenade,' Not the Canary in a Coalmine Tuesday, 27 Dec 2011 | 6:38 AM ET

    Banks are the key to fixing Europe's ongoing economic crisis, and they must be helped to lend while recapitalization of European financial institutions takes place early next year, analysts said on Tuesday.

  • IKEA is Developing its Own London Neighborhood Thursday, 22 Dec 2011 | 2:46 PM ET
    Strand East

    IKEA is going into the business of selling walls, floors and roofs, in addition to furniture, housewares and rugs. The international home-goods retail monolith recently announced plans to build an entire neighborhood in Stratford, East London.

  • UK Calls Time on RBS’s Global Ambitions Tuesday, 20 Dec 2011 | 3:49 AM ET
    George Osborne

    George Osborne has called time on Royal Bank of Scotland’s ambitions to be a force in global investment banking, as the chancellor backed sweeping reforms to ensure taxpayers never again have to rescue the banks. The FT reports.

  • The man running near the river

    Using the allure of the Olympics to get more children to play sports is a top target of the London 2012 Olympic Games organizers, but figures from a UK government agency show the number of 16- to 19-year olds playing sports at least three times a week has fallen sharply.

  • Email Adds Fuel to Murdoch Hacking Accusations Wednesday, 14 Dec 2011 | 10:01 AM ET
    James Murdoch speaking in front of Parliament

    Rupert Murdoch’s son James received and responded to e-mail messages in 2008 that referred to “a nightmare scenario” of legal repercussions from widespread phone hacking at the tabloid The News of the World, the NYT reports.

  • 'The Right Answer Was No Treaty': David Cameron Monday, 12 Dec 2011 | 11:41 AM ET
    David Cameron

    UK Prime Minister David Cameron on Monday defended his decision to veto European Union treaty changes at last week's summit of EU leaders, saying he was faced with a choice of treaty change without safeguards for Britain, or no treaty.  

  • UK Was Right to Say No to Treaty: Analysts Friday, 9 Dec 2011 | 5:52 AM ET
    David Cameron

    The UK had no choice but to opt out of further treaty changes and did the right thing by exercising its veto, analysts told CNBC Friday.

  • 'Legal Loan Sharks' Target UK's Working Poor Wednesday, 7 Dec 2011 | 5:36 AM ET
    business check

    US lenders pushing short-term loans that charge up to 5,000 per cent interest per year are targeting low-income UK borrowers abandoned by high street banks.  The Financial Times reports.

  • How a Break-Up of the Euro Zone Could Crush the UK Wednesday, 7 Dec 2011 | 3:03 AM ET
    Big Ben

    A break-up of the single European currency would have severe consequences on the UK economy, with unemployment pushing above 4 million, the pound appreciating sharply and major banks failing, analysts at ING wrote in a market note.

  • 'Smart' Technologies Will Create 'Intelligent Cities' Tuesday, 29 Nov 2011 | 1:20 AM ET
    Man vs. Machine

    New technologies, open platforms, and better governance are helping to create cities that are both environmentally responsible and economically attractive. We are increasingly witnessing the growth of intelligent cities - cities which increasingly deliver services with the aid of so-called smart technologies.

  • Clearly Risk of Recession in UK: BoE's Broadbent Thursday, 24 Nov 2011 | 6:32 AM ET

    There is clearly a risk that the UK will head into recession in the final quarter of the year, the Bank of England's Monetary Policy Committee member Ben Broadbent told CNBC Thursday.

  • Why Inflation Is Hitting Baby Boomers Hardest Wednesday, 23 Nov 2011 | 3:43 AM ET

    UK inflation, currently at 5 percent, is hitting those aged between 45 and 65 known as the baby boomer generation hardest, a new report has found.