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  • No UK Rate Rise Until Recovery Secured, Bank Told Monday, 30 May 2011 | 6:10 AM ET
    Governor of the Bank of England Mervyn King

    The Bank of England (BoE) was warned by the British Chambers of Commerce (BCC) on Monday that raising interest rates before November risked damaging the recovery of the UK economy.

  • Cuts Threatening UK Economic Recovery: OECD Thursday, 26 May 2011 | 8:41 AM ET
    British Prime Minister David Cameron (L) and U.S. President Barack Obama hold a joint news conference in the East Room of the White House July 20, 2010 in Washington, DC.

    The Organisation for Economic Cooperation and Development (OECD) warned the British government on Thursday that it must ease the pace of deficit reduction or risk damaging the recovery of the UK economy.

  • UK's Cable Sees New Economic Bomb Going Off: Report Thursday, 26 May 2011 | 7:08 AM ET
    Vince_Cable_200.jpg

    The UK has failed to make enough structural changes to its economic model to avoid another financial crisis, Vince Cable, the UK’s Secretary of State for Business, Innovation and Skills told the New Statesman magazine.

  • Maple Group Goes Hostile With TMX Bid Thursday, 26 May 2011 | 1:32 AM ET
    Trader at London Stock Exchange, England.

    A group of Canadian banks and pension funds said on Wednesday it will take its C$3.6 billion ($3.7 billion) bid for TMX Group directly to shareholders after the exchange operator rejected the bid in favor of a friendly offer from the London Stock Exchange.

  • Trading the Globe: G8 Summit   Wednesday, 25 May 2011 | 5:41 PM ET
    Trading the Globe: G8 Summit

    David Riedel, Riedel Research, outlines four main topics investors should watch at the G8.

  • Give Greece 2nd Chance, Then Restructure: Analyst Wednesday, 25 May 2011 | 6:16 AM ET
    european_union_cracked_200.jpg

    Greece should receive another tranche of aid from the European Union to enable it to have a second chance and restructure later, according to an analyst.

  • Europe Stock Market Is 'Too Cheap,' Analysts Say Tuesday, 24 May 2011 | 6:20 AM ET
    NYSE Traders

    Another volcanic ash cloud threatening European airspace, a threat to downgrade Belgium's credit rating and Moody's warning that it could cut UK banks' credit ratings did not make for pretty reading for investors Tuesday.

  • Moody's Could Cut UK Banks' Ratings Tuesday, 24 May 2011 | 3:56 AM ET
    european_bank_teller_200.jpg

    The credit ratings of some of the UK’s largest banks could be slashed because of worries about what will happen when the government stops propping them up, the agency said in a statement Tuesday.

  • Lend More or Be Taxed, UK Banks Told Friday, 20 May 2011 | 8:48 AM ET
    Britain's Prime Minister David Cameron (front 2nd Left) calls an end to a group picture with his new cabinet ministers in the garden of Number 10 Downing Street in London, England.

    The UK’s business secretary Vince Cable has warned Britain’s banks they could face new taxes if they fail to meet lending targets for small businesses under the government Project Merlin agreement.

  • Why Do Leaders Get Caught Up in Sex Scandals? Friday, 20 May 2011 | 3:25 AM ET
    Dominique Strauss-Kahn in court.

    The link between illicit sex, money and power goes back as far as David and Bathsheba. This week has added several new names to the list of scandals at the top of the business world.

  • City Professionals Want to Change Employers: Survey Friday, 20 May 2011 | 2:55 AM ET
    Trader at London Stock Exchange, England.

    Professionals working in the City of London mull changing employers this year, with more than half saying they definitely intend to find a new employer this year, according to a recent survey, while another survey showed finance professionals among the top earners.

  • Britain's Inflation Nightmare Becomes Worse Friday, 20 May 2011 | 1:23 AM ET
    BOE_buses_200.jpg

    If the monetary policy committee of the Bank of England were paid a performance bonus, its members would deserve nothing. The UK’s inflation outcome has been far from target over a long period. So should the MPC raise rates now to make up for its past failures? No. But its position is becoming very uncomfortable, according to the FT.

  • RBS Banker Superinjuncted Affair, Says Lord Thursday, 19 May 2011 | 8:26 AM ET
    RBS_new.jpg

    Sir Fred Goodwin, the former chief executive of the Royal Bank of Scotland (RBS), took out a super-injunction to stop newspapers publishing details of an affair with a colleague at RBS, a UK peer said in the House of Lords today.

  • A Favorite Emerges for Helm of IMF Thursday, 19 May 2011 | 7:01 AM ET
    French Finance Minister Christine Lagarde is considered the top contender to replace Strauss-Kahn as IMF chief.

    The French finance minister, Christine Lagarde, was on a panel at the World Economic Forum in Davos this January when her usual smile turned into a frown. Next to her, Robert E. Diamond Jr., chief executive of Barclays and one of the most powerful bankers in the world, thanked regulators and finance ministers for their role in shaping a better environment after the financial crisis.

  • Will the UK See a Summer of Discontent? Thursday, 19 May 2011 | 12:25 AM ET
    Angry demonstrators clashed with police in a student protest outside parliament as the coalition government faced its biggest test yet in a vote on proposals to triple university tuition fees.

    The shadow of the Winter of Discontent is looming over the UK again. Increasing unemployment, belt-tightening in the public sector, and a harder line from unions are ringing alarm bells for businesses.

  • UK Banks Face Dividend and Bonus Crackdown Wednesday, 18 May 2011 | 11:54 PM ET
    Tower Bridge and City of London financial district

    The FT reports future bonus and dividend payments by UK banks will depend upon convincing regulators the handouts will not dent capital reserves or undermine sound risk management, according to the head of the city watchdog.

  • How High Will Britain's Inflation Go? Wednesday, 18 May 2011 | 12:56 AM ET
    Governor of the Bank of England Mervyn King

    UK inflation hit a two and a half-year high Tuesday and experts are saying it is only a matter of time before it goes even higher.

  • The Euro Zone After Strauss Kahn Wednesday, 18 May 2011 | 12:17 AM ET
    IMF head Dominique Strauss-Kahn

    The sight of Dominique Strauss-Kahn, managing director of the International Monetary Fund and prospective candidate for the French presidency, doing the "perp walk" was stupefying. If the charges are true, this capable man is a lunatic. But, unless the case collapses, the event will cast a long shadow, according to the FT.

  • Good Luck Mr. Lipsky, You Will Need It: Economist Tuesday, 17 May 2011 | 4:11 AM ET
    IMF head Dominique Strauss-Kahn

    The gravitas that the IMF needs to hold when walking into a nation's finance ministry or central bank and demand sacrifice for the social good is diminished by the allegations regarding the personal conduct of its managing director, according to Carl Weinberg, the chief economist at Capital Economics.

  • DSK Scandal Boosts French Far Right Tuesday, 17 May 2011 | 3:18 AM ET
    Dominique Strauss-Kahn in court.

    Whatever the outcome of the accusations of rape made against Dominique Strauss Kahn at the weekend, Marine Le Pen leader of France’s Front National was almost certainly right when she said that it marks the end of his campaign — or pre campaign — for the French Presidency.