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  • Don’t Read Too Much Into UK GDP Gloom: Economist Wednesday, 25 Jul 2012 | 9:58 AM ET
    Tower Bridge and City of London financial district

    New figures showing the U.K’s growth domestic product falling by 0.7 percent in the second quarter from the first should be taken with a pinch of salt, and calls into account the credibility of this data, James Knightley, UK Economist at ING told CNBC.

  • BBA Should No Longer Handle Libor: Former FSA Chief Wednesday, 25 Jul 2012 | 5:57 AM ET
    Bank Vault Door

    The London Interbank Offered Rate (Libor) is flawed and should no longer be calculated by the British Bankers’ Association (BBA), Howard Davies, Professor at Sciences Po and former chairman of the Financial Services Authority told CNBC.

  • News Corp Stock Off Lows as Hacking Scandal Unfolds Tuesday, 24 Jul 2012 | 2:59 PM ET
    News Corp

    News Corp stock is slipping ever so slightly on low volume following the announcement that criminal charges have been brought against eight key figures in the never-ending phone hacking scandal, Yahoo Finance reports.

  • Is the UK Really in Recession? Tuesday, 24 Jul 2012 | 6:08 AM ET
    Tower Bridge and City of London financial district

    Greece has been out of the limelight for a few weeks so we have had the luxury of addressing topics other than the euro zone. Normal service will be resumed fairly shortly I’m sure, but in the meantime we stay close to home and today consider the importance of statistics.

  • How Long Until the London Property Bubble Bursts? Tuesday, 24 Jul 2012 | 5:17 AM ET
    London Housing

    Unprecedented growth in overseas investment in London’s property market is causing an increased risk of a housing bubble, a new report warns.

  • In Euro Zone, Debt Pressure Tightens Grip Tuesday, 24 Jul 2012 | 4:03 AM ET
    European Union Flag

    Signs that cracks in the euro zone are widening sent markets on the Continent down sharply on Monday, as doubts grew about Greece’s ability to make good on its debt payments and Spain’s economy — the region’s fourth largest — was straining under the pressure of the government’s austerity measures, the NYT reports.

  • UK Hacking Scandal: 100-Plus New Claims Monday, 23 Jul 2012 | 1:10 PM ET
    Mobile World Congress

    British police say they are investigating new tabloids in the country's growing phone hacking scandal, including the Trinity Mirror newspaper group and Express Newspapers.

  • Olympics Fail to Boost London Businesses: Report Monday, 23 Jul 2012 | 10:01 AM ET
    Tower Bridge and City of London financial district

    Most London firms say business has not been boosted by the upcoming Olympic Games, according to a report by UK real estate firm Business Environment.

  • Europe's Royals Tighten Their Belts (A Bit) Thursday, 19 Jul 2012 | 10:17 AM ET
    King Juan Carlos of Spain and Princess Letizia of Spain.

    Many of Europe's royal families are feeling a pinch of the austerity sweeping the continent as it deals with its debt crisis.

  • Battle of London Exchanges Heats Up Thursday, 19 Jul 2012 | 5:24 AM ET
    NYSE Euronext launches London based listing.

    The competition for initial public offerings in London has got more intense, with the first listing on a new rival to the London Stock Exchange (LSE).

  • Foreign-Owned America Wednesday, 18 Jul 2012 | 12:46 PM ET
    According to the National Association of Convenience Stores, 2011 was a good year for the industry. Sales  prompting NACS Chairman Tom Robinson to conclude that “one-stop shopping and speed of service for refreshments, food and fuel… continues to resonate with our customers.”Perhaps no convenience store chain in the U.S. is as well-known as 7-Eleven, originator of the Slurpee and the Big Gulp. It operates over  throughout the country, but nearly twice that amount is found in Japan, home of Seven

    CNBC presents a list of 10 foreign-owned brands, businesses and landmarks that are perceived by the public to be as American as it gets.

  • Proposed design for iCITY

    The media center at London’s Olympic site has moved one step closer to being transformed into a world-class technology hub with the potential to generate more than 4,000 jobs.

  • The Price of Sovereign Risk Tuesday, 17 Jul 2012 | 2:47 AM ET
    United Kingdom

    What did we think of European Commission President Jose Manuel Barroso’s comments last week on the UK and Europe?

  • US Is Building Criminal Cases in Rate Fixing Monday, 16 Jul 2012 | 6:04 AM ET
    Gavel

    As regulators ramp up their global investigation into the manipulation of interest rates, the Justice Department has identified potential criminal wrongdoing by big banks and individuals at the center of the scandal. The New York Times reports.

  • How Will the Libor Scandal Affect London? Friday, 13 Jul 2012 | 4:25 AM ET

    The Libor rate-rigging scandal has had an adverse effect on London’s reputation as a leading financial center, Mark Boleat, policy chairman at the City of London Corporation, told CNBC.

  • Europe’s Downturn Creates Unlikely Smugglers Thursday, 12 Jul 2012 | 2:20 AM ET
    Cigarettes

    For years, law enforcement officers and smugglers have played cat and mouse in Europe, where contraband cigarettes are stashed in everything from furniture shipments to loads of Christmas trees, the New York Times reports.

  • Britain's Tetrapak Heir Arrested in Wife's Death Wednesday, 11 Jul 2012 | 11:31 AM ET
    Hans and Eva Rausing

    Hans Kristian Rausing, who inherited a fortune made from drink containers, is being held in a death called "unexplained."

  • Have the Olympics Gotten Too Big? Wednesday, 11 Jul 2012 | 2:41 AM ET
    Tower Bridge and City of London financial district

    London residents today lost a bid to stop rooftop missile deployments. Many Britons are questioning Olympics they say are most notable for super-sized costs and security, the Christian Science Monitor reports.

  • Euroskeptics Set to Unveil List of Reforms Tuesday, 10 Jul 2012 | 2:26 AM ET
    St George's Flag & Houses of Parliament

    Conservative euroskeptics MPs are to unveil a lengthy shopping list of proposed reforms to the UK’s relationship with the EU as part of an attempt to return powers from Brussels, the Financial Times reports.

  • Bank Scandal Turns Spotlight to Regulators Tuesday, 10 Jul 2012 | 2:07 AM ET
    Wall Street sign

    As big banks face the fallout from a global investigation into interest rate manipulation, American and British lawmakers are scrutinizing regulators who failed to take action that might have prevented years of illegal activity, the New York Times reports.