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David Cameron

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  • *Friend tells BBC spies tried to recruit one of suspects. *Counter-terrorism police arrest 31- year-old man at BBC. A man identified by the BBC as Abu Nusaybah told its flagship news programme "Newsnight" that intelligence officers had approached Adebolajo six months ago to see if he would work for them as an informant.

  • LONDON, May 24- Britain's security services faced questions on Friday over whether they could have done more to prevent the murder of a soldier hacked to death in a busy London street after it emerged that his suspected killers were known to intelligence officers.

  • LONDON, May 23- The euro zone is more stable than a year ago but economic conditions remain challenging and governments must push on with reforms and banking union plans, European Central Bank President Mario Draghi said on Thursday.

  • LONDON, May 23- In the lurid scene of the red-handed knifeman describing his motives for hacking to death a British soldier in broad daylight, perhaps the most chilling aspect for Londoners was the man's unmistakably familiar accent.

  • LONDON, May 23- Strapping his baby into a car seat, Abu Khaled said it was unfortunate that a British soldier was hacked to death in an apparent Islamist attack a day earlier in London, but it was not the only misfortune on his mind. "Eleven children died in Afghanistan in a U.S. drone attack about the time of the Boston bombings.

  • UPDATE 1-EU slips up with olive oil ban, reverses course Thursday, 23 May 2013 | 12:01 PM ET

    BRUSSELS, May 23- The European Commission has torn up new rules on how restaurants should serve olive oil less than a week after unveiling them, following widespread ridicule and accusations of unwanted interference.

  • EU slips up with olive oil ban, changes plans Thursday, 23 May 2013 | 7:11 AM ET

    *Move follows accusations of interference by Brussels. BRUSSELS, May 23- The European Commission has decided to tear up new rules on how restaurants should serve olive oil less than a week after unveiling them, following widespread ridicule and accusations of unwanted interference.

  • LONDON, May 23- Nearly half of the money that multinationals and wealthy investors poured into emerging markets in 2011 came via tax havens, resulting in revenue losses for poor countries, anti-poverty campaigners ActionAid said in a report.

  • GENEVA/ LONDON, May 22- The UK and French governments will join a global initiative that will require oil and mining firms to comply with new disclosure measures aimed at tackling corruption, British Prime Minister David Cameron said on Wednesday.

  • *Apple, Amazon, Google among corporations in the spotlight. BRUSSELS, May 22- Britain, France and Germany called for stricter rules to stop companies such as Google, Apple and Amazon aggressively avoiding taxes in austerity bitten Europe, while acknowledging they had done nothing unlawful.

  • *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.

  • WRAPUP 1-IMF urges UK to spend more to fund investment Wednesday, 22 May 2013 | 11:05 AM ET

    LONDON, May 22- Britain's government should spend more now to fund investment and steer its economy back to recovery, the International Monetary Fund said on Wednesday, a call unlikely to be heeded by finance minister George Osborne.

  • *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.

  • IMF urges Britain to do more to boost growth Wednesday, 22 May 2013 | 7:00 AM ET

    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.

  • 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.

  • *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.

  • 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.

  • UK opposition calls for country-by-country reporting Sunday, 19 May 2013 | 11:25 AM ET

    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.

  • 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..

  • *UK would need to negotiate new free trade rules with partners.