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  • 'Devastating' News May Force More Murdoch Testimony Wednesday, 17 Aug 2011 | 12:50 AM ET
    James Murdoch speaking in front of Parliament

    The travails of the Murdoch family over the phone-hacking scandal at their UK newspaper empire are far from over.

  • Europe Worries Pressure Futures     Tuesday, 16 Aug 2011 | 9:10 AM ET

    Stocks are poised to open sharply lower on worries over Europe's debt crisis, with the "Squawk on the Street" team.

  • UK Regulator Slaps Fund Manager With Biggest Fine Ever Tuesday, 16 Aug 2011 | 3:09 AM ET

    The UK's Financial Services Authority yesterday issued the largest ever fine to an individual for market abuse and other offenses, imposing a penalty of 2 million pounds ($3.3 million) on Dutch hedge fund manager Michiel Visser.

  • Asking prices for residential property in England and Wales showed their first year-on-year fall since September 2009, property marketing company Rightmove said on Monday.

  • 'Twitter' Hedge Fund Navigates Early Market Turmoil Friday, 12 Aug 2011 | 1:20 PM ET
    Twitter

    London-based hedge fund Derwent Capital Markets, dubbed “The Twitter Fund” because it uses tweets to help it predict market activity, turned in positive returns in its first official month of trading.

  • "What people tend to forget, when they see media images of streets burning in London, is that these are a series of isolated incidents in a big city," Hugh Robertson, UK Minister for Sports & the Olympics, told CNBC.

  • Time for a European Bond: UK Finance Minister Thursday, 11 Aug 2011 | 11:22 AM ET
    Chancellor of the Exchequer George Osborne holds Disraeli's original budget box as he leaves 11 Downing Street for Parliament.

    U.K. finance minister George Osborne has called upon his euro zone peers to do whatever it takes to ensure stability, indicating the British government would back a so-called euro bond to avoid a disastrous break up of the euro.

  • UK Prime Minister Promises Help for Riot Victims Thursday, 11 Aug 2011 | 9:04 AM ET
    David Cameron

    David Cameron condemned the recent riots in the UK as Parliament was recalled from its summer recess on Thursday, telling MPs in the House of Commons that the violence was "not about politics or protest."

  • Tough Questions Rise From Ashes of England's Riots Thursday, 11 Aug 2011 | 6:29 AM ET
    LONDON, ENGLAND - AUGUST 08: A rioter throws a rock at riot police in Clarence Road in Hackney on August 8, 2011 in London, England. Pockets of rioting and looting continues to take place in various boroughs of London this evening, as well as in Birmingham, prompted by the initial rioting in Tottenham and then in Brixton on Sunday night. It has been announced that the Prime Minister David Cameron and his family are due to return home from their summer holiday in Tuscany, Italy to respond to the

    Police appear to have brought under control the rioting and looting that gripped the UK on the fifth night since violence flared up in the North London borough of Tottenham on Saturday and spread like fire across the country, but politicians and society at large are struggling to grasp the economic and social root causes of the unrest.

  • Bank of England Revises UK Growth Down to 1.4% Wednesday, 10 Aug 2011 | 7:29 AM ET

    The Bank of England (BoE) cut its 2011 GDP growth forecast for the UK for the seventh time since the end of the recession on Wednesday as more weak economic figures suggested the economy was struggling to maintain momentum.

  • UK Businesses Tally Up the Steep Costs of Riots Wednesday, 10 Aug 2011 | 7:15 AM ET
    A riot police officer attempts to break down the door of a house next to a burning car as he is targeted by rioters after local residents claimed a baby was still in the property in Clarence Road in Hackney in London, England.

    The insured costs of the riots that have rocked the United Kingdom for four days look set to exceed 100 million pounds ($163 million), according to early estimates from the Association of British Insurers (ABI).

  • Police Battle Rioters in Northern UK Cities; London Quiet Wednesday, 10 Aug 2011 | 4:04 AM ET
    An aerial view of the Sony distribution center engulfed in fire on the 9th August, 2011 in London. Widespread looting, arson and clashes with police continued for a third day in parts of the capital, as well as in Liverpool, Birmingham and Bristol, as the disruption carries into a fourth night.

    London's streets were quiet Tuesday night after three nights of rioting, but police battled with looters in several other UK cities, including Manchester, Liverpool, Nottingham and Birmingham as the country's violent unrest continued for a fourth night.

  • UK Riot Violence Shifts from Capital City     Wednesday, 10 Aug 2011 | 2:20 AM ET

    Areas of London that saw some of the worst rioting in decades over two nights were quiet overnight on Tuesday Peter Guest, staff writer at CNBC.com. ¿Hackney was like a ghost town there was a police presence but it wasn¿t particularly significant, he added, suggesting the violence had moved out of the capital to the UK¿s northern cities.

  • London Police Run Out of Space as City Licks Wounds Tuesday, 9 Aug 2011 | 9:16 AM ET
    LONDON, ENGLAND - AUGUST 08: A rioter throws a rock at riot police in Clarence Road in Hackney on August 8, 2011 in London, England. Pockets of rioting and looting continues to take place in various boroughs of London this evening, as well as in Birmingham, prompted by the initial rioting in Tottenham and then in Brixton on Sunday night. It has been announced that the Prime Minister David Cameron and his family are due to return home from their summer holiday in Tuscany, Italy to respond to the

    Central London's police cells are full to the brim as more than 200 people were arrested on a third night of disorder in the U.K.'s capital. Some 16,000 police officers will hit the city's streets Tuesday night, as the government tries to stem the rising tide of violence.

  • Europe's Leaders Play Tennis While Markets Implode Tuesday, 9 Aug 2011 | 4:36 AM ET
    Tennis

    August is famously the month when most of Europe hits the beach. Markets are quiet, parliaments are closed, and very little happens.

  • News Corp.’s Soft Power in the U.S Monday, 8 Aug 2011 | 4:56 AM ET
    News Corp.'s headquarters in New York.

    Over the last month, many Americans watched from a distance in horror or amusement as it became evident that the News Corporation regarded Britain’s legal and political institutions as its own private club.

  • Prudential Profits Rise on Asian Growth Friday, 5 Aug 2011 | 1:41 AM ET

    Prudential, the UK-based insurer and asset manager, reported a better-than-expected 25 percent rise in half-year profit to 1.06 billion pounds ($1.72 billion) Friday.

  • EU Leaders Meet on Crisis     Thursday, 4 Aug 2011 | 7:30 PM ET

    European leaders are working through the night, as much of the stock plunge can be attributed to fears of an Italian bankruptcy, bond default and run on Italian banks, reports CNBC's Simon Hobbs.

  • Emerging Markets Drive Unilever Profits Growth Thursday, 4 Aug 2011 | 6:01 AM ET
    Unilever

    Profits and sales rose at consumer goods giant Unilever in the second quarter of 2011, despite pressure on margins from rising materials costs, the company announced Thursday.

  • UBS Threatened to Scale Back in London Over HQ Thursday, 4 Aug 2011 | 12:44 AM ET
    UBS

    UBS threatened to scale back its presence in London if the government followed advice from a heritage body that effectively blocked the redevelopment of its City of London headquarters, reported the FT.