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David Cameron

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  • The Markit/ CIPS UK Services Purchasing Managers' Index slipped more than expected to 56.7, from 57.2 in January. But survey compiler Markit said wages-- a crucial issue for the Bank of England as it tries to decide when interest rates should rise-- were a "primary driver" behind an increase in costs in the sector. "The combination of relatively robust economic growth,...

  • LONDON, Feb 27- Sterling dipped back below $1.54 on Friday, more than a cent below 8- week highs hit a day earlier, with a growing focus on political risks ahead of May elections helping cool the past month's stronger mood towards Britain. The pound was also 0.3 percent weaker against the euro after breaking below 73 pence per euro to a more than seven-year high on...

  • O'Neill eyes up to $2 bln for fund to fight superbugs Thursday, 26 Feb 2015 | 12:18 PM ET

    LONDON, Feb 26- A global fund to speed development of new antibiotics to counter the growing threat of drug-resistant superbugs is likely to need up to $2 billion, the head of a review backed by the British government said on Thursday. Former Goldman Sachs chief economist Jim O'Neill has urged the establishment of an innovation fund to support research, arguing...

  • RAMSGATE, England, Feb 26- Thanet, a spur of southern England jutting into the North Sea, has been run by Prime Minister David Cameron's Conservative Party for 117 of the last 130 years. But in recent years Thanet has been hit by an influx of East European immigrants and poor people on welfare, placed by local authorities into dirt-cheap housing which has resulted...

  • LONDON, Feb 25- HSBC bosses rejected calls from British lawmakers for them to quit over the bank's Swiss tax scandal, but said they were having to clean up after a "terrible list" of control and compliance failings. HSBC Chairman Douglas Flint and Chief Executive Stuart Gulliver told a panel of UK lawmakers they shared collective responsibility for failings at...

  • "It's a terrible list," HSBC Chairman Douglas Flint said when a UK member of parliament read out the recent fines and investigations involving the bank at a panel hearing where Flint was being questioned. The latest allegations around HSBC's Swiss bank have damaged its reputation and caused a political storm in Britain ahead of an election in May.

  • LONDON, Feb 25- British Prime Minister David Cameron could hardly have asked for a better run of economic numbers ahead of May's tight election. Britain's FTSE 100 blue-chip share price index has hit a record high. Finance minister George Osborne has even been showered with praise by Angel Gurria, head of the Organisation for Economic Co-operation and...

  • LONDON, Feb 24- Support for Britain remaining in the European Union has hit its highest in more than four years, according to a poll published on Tuesday, which coincided with a fall in support for the Eurosceptic UK Independence Party. Pollsters YouGov said 45 percent of people surveyed said they would vote to stay in the EU, compared to 35 percent who would opt to...

  • LONDON, Feb 23- A billionaire lord who has restyled himself as a pollster is providing Britain with unprecedented information about battleground constituencies ahead of a national election on May 7, potentially influencing some decisive races. A self-made business tycoon who donated over 10 million pounds to the ruling Conservatives in the past, Michael...

  • Prime Minister David Cameron said the allegations against Jack Straw and Malcolm Rifkind were "very serious matters" that should be investigated by Parliament. Straw, foreign secretary under Labour Prime Minister Tony Blair, and Conservative former foreign secretary Rifkind were secretly filmed by reporters posing as representatives of a fictional Hong...

  • *U.S., UK spies hacked SIM card maker Gemalto's system- Intercept. *Franco-Dutch firm Gemalto says it is investigating report. The alleged hack on Gemalto, if confirmed, would expand the scope of known mass surveillance methods available to U.S. and British spy agencies to include not just email and web traffic, as previously revealed, but also mobile...

  • *Business could campaign to keep Britain in EU. LONDON, Feb 19- British opposition leader Ed Miliband has so alarmed business executives with his talk of' asset strippers' and' tax dodgers' that many want a Conservative win at the election, even if it carries the risk of an exit from Europe. As a result, executives are backing David Cameron's Conservatives, even though...

  • *Business could campaign to keep Britain in EU. LONDON, Feb 19- British opposition leader Ed Miliband has so alarmed business executives with his talk of' asset strippers' and' tax dodgers' that many want a Conservative win at the election, even if it carries the risk of an exit from Europe. As a result, executives are backing David Cameron's Conservatives, even though...

  • Bloomberg boosts funding of UK politics Thursday, 19 Feb 2015 | 5:01 AM ET

    LONDON, Feb 19- A company owned by former New York Mayor Michael Bloomberg has almost doubled its political donations in the UK over the past four years, records of electoral donations show. Bloomberg TradeBook, a British-registered financial markets broker and research firm owned by U.S. financial information giant Bloomberg LP, gave money to all three...

  • LONDON, Feb 18- British pay growth outstripped a dwindling inflation rate by the widest margin since before the financial crisis in December, several measures of earnings showed, giving many households a boost ahead of elections in May. The Office for National Statistics also said on Wednesday that the unemployment rate unexpectedly fell to 5.7 percent, its...

  • LONDON, Feb 18- Britain's opposition Labor Party came under pressure to offer voters a membership referendum on leaving the European Union on Wednesday after a senior official quit over the issue and a major donor prepared to call for a policy U-turn. Unlike Conservative Prime Minister David Cameron, Labor has resisted offering such a referendum in the run-up...

  • LONDON, Feb 17- British company executives would overwhelmingly prefer Prime Minister David Cameron's Conservatives to win a national election on May 7, according to a poll published on Tuesday. Labour denies that charge, warning Conservative plans to hold a referendum on Britain's EU membership if re-elected are damaging for business.

  • LONDON, Feb 14- A former boss of HSBC, Stephen Green, has stepped down from his position with a financial services lobby group after allegations that the bank helped people dodge taxes. Green, who is under increasing pressure over the HSBC revelations, quit as chairman of TheCityUK's advisory council, an unpaid position, the organization said on Saturday.

  • *HSBC Chairman Flint, HMRC CEO Homer set to testify. LONDON, Feb 12- British lawmakers plan to call up the bosses of HSBC and the tax authority, HMRC, to quiz them over allegations some clients of HSBC's Swiss private bank evaded tax. HSBC Chairman Douglas Flint and HMRC Chief Executive Lin Homer are expected to appear on Feb. 25 before the Treasury Committee of...

  • BRIGHTON, England, Feb 12- Britain's resurgent Greens are threatening the Labour Party's hopes for election victory in May even though the leftist environmentalists will probably capture no new parliamentary seats and could even lose the only one they hold. Ed Miliband's main opposition party is neck and neck with Prime Minister David Cameron's...