GO
Loading...

United Kingdom

More

  • Worries of the european debt crisis was back in the news on Monday as Euro shares dropped sharply ahead of debt auctions this week.

  • European Sovereign Debt: Crisis That Isn't Going Away Saturday, 8 Jan 2011 | 12:03 PM ET
    Euro coin in front of the giant symbol of the Euro outside the headquarters of the European Central Bank.

    Less than a month after bailing out Ireland, and after a holiday lull in the markets that may have looked mistakenly like calming, the European Union is again struggling to persuade investors that it has the cash and the will to address the root cause of its travails. The New York Times reports.

  • Happy New Year, Prepare for Tough Times Friday, 31 Dec 2010 | 4:10 AM ET
    David Cameron

    Prime Minister David Cameron has pledged to prioritize jobs and economic growth in 2011, but his New Year's message warns of tough times ahead with harsh budget cuts needed to tackle Britain's massive deficit.

  • Estonia

    On Saturday, Estonia completes its trip from Soviet republic to full-fledged member of the euro zone, reports the New York Times.

  • Europe Seems to Stick to Same Economic Strategy Thursday, 30 Dec 2010 | 3:25 AM ET
    EU building flags brussels

    With much of Europe mired in a debt crisis and hamstrung by austerity budgets, one would think that European Union leaders are busy examining their economic models, looking for ways to promote growth amid tougher global competition. The New York Times reports.

  • Euro Zone Is Imperiled by North-South Divide Friday, 3 Dec 2010 | 4:49 AM ET
    lisbon portugal

    The euro once meant flush banks and easy credit, but these days it has laid bare a cold reality: Portugal shares the high wages and prices of richer northern European neighbors, but not their competitiveness, reports the New York Times.

  • University Debt Hike to Pile Pressure on UK Youth Thursday, 2 Dec 2010 | 2:32 AM ET
    Police officers hold back demonstrators trying to gain entry to 30 Millbank, the headquarters of Britain's Conservative Party, during a protest in central London.

    Angry British students, some as young as 13, have taken to the streets recently, protesting against the government's decision to hike university fees in a bid to narrow the country's bulging budget deficit.

  • Britain Signals Intention to Help Ireland in Debt Crisis Wednesday, 17 Nov 2010 | 2:22 PM ET
    Irish Finance minister Brian Lenihan

    The British government signaled Wednesday that it could offer direct financial assistance to Ireland, even though Britain is outside the euro zone, as prospects grew for an international rescue package to avert another European debt crisis. The NYT reports.

  • Irish Debt Woes Revive Concern About Europe Monday, 8 Nov 2010 | 4:33 AM ET
    Dublin, Ireland

    When interest rates soared last week on Irish government bonds, it served as a warning to other indebted nations of how difficult it could be to roll back decades of public sector largess. The New York Times reports.

  • Google Was in 'Significant Breach' of UK Data Law Wednesday, 3 Nov 2010 | 8:11 AM ET
    The camera of a German Google Street View car

    Google violated Britain's data protection laws when its Street View mapping service recorded data from private wireless networks, the country's information commissioner said Wednesday.

  • Mortgage

    Covered bonds, a financing tool that has been popular in Europe since the 18th century, are winning converts here as a new way to finance residential and commercial mortgages, reports the New York Times.

  • Sabotage Fears as LSE Platform Crashes Wednesday, 3 Nov 2010 | 6:15 AM ET

    The London Stock Exchange was scrambling to establish how a human error in possibly “suspicious circumstances” had knocked out one of its dealing platforms on Tuesday as the exchange conceded it would now have to delay switching over to a new trading system until next year, reports the Financial Times.

  • Airplane Takeoff

    Several transportation experts say that full screening of all air cargo would cause the system of express air delivery to grind to a halt, reports The New York Times

  • Investing in Yachts Is Not Just for the Very Rich Tuesday, 2 Nov 2010 | 3:57 AM ET

    When buying a boat, there is but one fundamental principle to follow, according to those who already have some cash moored somewhere nice: enjoy it.

  • Britain has Gone Climbing Without a Rope Friday, 29 Oct 2010 | 7:07 AM ET
    Chancellor of the Exchequer George Osborne holds Disraeli's original budget box as he leaves 11 Downing Street for Parliament.

    How does the spending review of the UK’s coalition government look now, more than a week after its launch? The FT's Martin Wolf reports.

  • Tax Shortfalls Spur New Fear on Europe’s Recovery Thursday, 28 Oct 2010 | 10:06 AM ET

    Some EU countries face the prospect of missing the budget deficit targets forced upon them this year by impatient bond investors, as tax revenue missed projections. The New York Times reports.

  • UK Housing Market Weakness Gathers Momentum Thursday, 28 Oct 2010 | 6:55 AM ET

    House prices are falling at the fastest rate in a year and a half, according to a closely watched index, suggesting that weakness in the housing market is gathering momentum. The FT reports.

  • American Businessman Buys the Ultimate Bond Car Thursday, 28 Oct 2010 | 3:32 AM ET
    1964 Aston Martin DB5, estimated at over $5.5 million.

    Arguably the most famous car in the world has sold to an American car enthusiast for £2.6 million ($4.1 million) after being put on the market for the first time ever.

  • The Ultimate Bond Car – Yours for $5 Million Wednesday, 27 Oct 2010 | 9:18 AM ET
    1964 Aston Martin DB5, estimated at over $5.5 million.

    It’s arguably the most famous car in the world and it’s coming out of the showroom and onto the market for the first time ever.

  • Commentary: UK Needs Tax Cuts, Not Money Printing Monday, 25 Oct 2010 | 5:33 AM ET

    So we've had the cuts, now it's time for the growth. That's the message at Monday's annual CBI conference - and it's the right one.