Xavier Rolet, CEO of the London Stock Exchange, says he will be joining U.K. Prime Minister David Cameron on a trade trip to China and sees an opportunity to 'sell Britain' to Chinese businesses.» Read More
"We have seen a very dramatic fall in the FTSE 100 over the past week. How low can we go? We might break the 2009 low, but I would be quite reluctant to start aggressively selling into this market," Steven Mayne, director at Mayne Financial, told CNBC.
This week UK gilts featured prominently in the media when the 10-year yield dropped to its lowest levels in a long time. Is this is a vote of confidence in the UK economy? In a word, yes.
The Bank of England (BoE) held interest rates on Thursday at their current historic low of 0.5 percent after weaker than expected gross domestic product (GDP) figures last week effectively killed off any hope of a rate rise this year.
Bad economic news bombarded the UK Treasury on Monday as new International Monetary Fund forecasts cast doubt on the chancellor’s deficit reduction plan, the FT reports.
James Murdoch, the under-fire chairman of BSkyB, was kept on with the unanimous support of the board, the chief financial officer of the cable television company told CNBC Friday.
NBC's Stephanie Gosk has the latest James Murdoch facing the BSkyB board and doubts about his role as chairman of that board.
The phone hacking crisis causing turmoil at News Corp subsidiary News International will not extend to rival Daily Mail & General Trust, according to the company's chief executive.
A UK Member of Parliament has written to the board of News Corp calling for Rupert and James Murdoch to be suspended over phone hacking at the company.
A legal battle over alleged computer hacking of a US marketing company by a News Corp subsidiary has been referred to US authorities by a senior lawmaker, the FT reports.
European leaders could temporarily steal the spotlight from Washington lawmakers Thursday, as they meet in Brussels to discuss the Greek debt crisis and how to keep contagion from spreading.
David Cameron told the British parliament of his regrets over hiring former News Corp employee Andy Coulson, who was arrested over phone-hacking allegations.
British Prime Minister David Cameron addresses the House of Commons over the ongoing phone-hacking scandal.
An influential committee of British lawmakers has condemned News International's actions on phone hacking and accused News Corp's British newspaper wing of trying to "deliberately thwart" the police investigation into the initial allegations.
A positive start to earnings season, including blowout results from Apple, is helping investors shake off worries and start buying the dips. On tap for Wednesday: UTX, AmEx, Intel.
Rupert Murdoch, his son James and Rebekah Brooks, the former News of the World editor who used to run their British newspaper empire News International, face grilling by a committee of MPs later on Tuesday.
he News of the World phone hacking scandal heaped further pressure on the British Prime Minister, David Cameron, on Monday as more questions were raised about his appointment of the paper's former editor Andy Coulson as his director of communications.
CNBC's Kayla Tausche has the update on Rupert Murdoch and his son James reaching Parliament in preparation of a hearing on the phone hacking scandal.
CNBC's Kayla Tausche has the update on Rupert and James Murdoch arriving at Parliament. The big question is whether the Murdochs will be able to survive the scandal at all.
The whistleblower who alleged widespread hacking at News Corp's News of the World has been found dead. Police said his death was not considered to be suspicious.
CNBC's Kayla Tausche has the details on British PM cutting his trade mission to Africa short as the hacking scandal grows.