Bernanke: Too Soon to Consider Tapering Bond Buying
David Cameron
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President Barack Obama called the targeting of conservative groups by U.S. tax officials "outrageous" and said that any Internal Revenue Service employees involved would be held accountable.
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*Google's tax affairs in spotlight in Britain. LONDON, May 22- Google Inc's tax affairs came under renewed scrutiny in Britain on Wednesday when the leader of the opposition Labour party accused the Internet company of wrongly going to "extraordinary lengths" to avoid paying tax.
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LONDON, May 22- The International Monetary Fund called on Britain's government on Wednesday to do more to speed up slow economic recovery, hinting that the country might be able to afford to borrow more to fund investment.
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BRUSSELS, May 22- European leaders will discuss how to combat aggressive tax avoidance by major companies such as Amazon, Google and Apple at a summit on Wednesday, and cut the estimated 1 trillion euros a year the EU loses to tax evasion or avoidance.
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*Follows Commission consultations with member states. BRUSSELS, May 21- The European Union wants to exempt state control of utilities and support for creative industries from free trade talks with the United States due to start next month, the latest draft of Brussels' negotiating mandate showed on Tuesday.
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LONDON, May 20- British Prime Minister David Cameron on Monday told Google's Executive Chairman Eric Schmidt and other business leaders that he expected their companies to pay their taxes in exchange for benefiting from low tax rates.
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LONDON, May 19- Britain's opposition Labour party, tapping into widening public anger over corporate tax avoidance, wants the government to push for new international rules to force companies to report profit and tax payments country-by-country.
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EDINBURGH, May 16- Britain's largest retail bank Lloyds expects to return to profit this year, increasing the government's chances of selling its stake before the next general election in 2015..
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*UK would need to negotiate new free trade rules with partners.
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LONDON, May 16- British oil company BP wants Prime Minister David Cameron to intervene with the U.S. government over the escalating cost of compensating U.S. companies for the Gulf of Mexico oil disaster in 2010, the BBC reported Thursday.
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*Labour Party calls it a "Devastating blow to Cameron's authority". LONDON, May 15- Prime Minister David Cameron suffered an embarrassing blow in parliament on Wednesday when more than a third of his Conservative lawmakers voted against him in protest at his stance on Britain's membership of the European Union.
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LONDON, May 15- Prime Minister David Cameron suffered an embarrassing blow in parliament on Wednesday when a third of his Conservative lawmakers voted against him in protest at his stance on Britain's membership of the European Union.
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MOSCOW, May 15- International leaders are moving closer to taking action on corporate tax avoidance, despite challenges, a top official at the Organisation for Economic Co-operation and Development said on Wednesday.
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NEW YORK-- British Prime Minister David Cameron and Prince Harry visited a design studio in New York City on Tuesday as part of a campaign to promote their country as a tourist destination and U.S. business partner.
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Follows EC probe, searches of BP, Shell, Statoil offices. LONDON, May 15- Oil companies will face the full force of the law if they manipulated prices, Britain's energy minister said on Wednesday as the European Commission's demanded more firms provide information as part of its probe into oil pricing.
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LONDON, May 15- Amazon.com' s main UK unit paid $3.7 million of taxes on its 2012 income, it said on Wednesday, despite group UK sales of $6.5 billion, prompting criticism from lawmakers and competitors.
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*Follows EC probe, searches of BP, Shell, Statoil offices. LONDON, May 15- Britain expects oil firms to fully comply with a European Commission's probe into energy pricing and would be deeply concerned if prices have been driven up, a spokesman for Prime Minister David Cameron said on Wednesday.
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Attorney General Eric Holder was likely to face a storm of questions on Tuesday over the Justice Department's controversial decision to seize telephone records of the Associated Press, a move denounced by critics as a gross intrusion into freedom of the press.
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BRUSSELS/ PARIS, May 14- France has secured backing from other EU member states for the exclusion of the movie and television industries from a proposed free-trade pact between Europe and the United States that it fears could threaten European culture.
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President Barack Obama called the targeting of conservative groups by U.S. tax officials "outrageous" and said that any Internal Revenue Service employees involved would be held accountable.
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President Barack Obama called the targeting of conservative groups by U.S. tax officials "outrageous" and said that any Internal Revenue Service employees involved would be held accountable.