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David Cameron

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  • LONDON, Jan 7- German Chancellor Angela Merkel said on Wednesday she would help Prime Minister David Cameron tackle abuses of Britain's welfare system by EU migrants but insisted the bloc's principle of freedom of movement should not be touched. Cameron, whose Conservatives are losing support to the Eurosceptic UK Independence Party before an election in...

  • LONDON, Jan 7- British elections in May could arguably have as much impact on euro zone stability as this month's snap poll in Greece, making for an anxious period of up to six months for European investors. Two new themes for 2015 are already in play on financial markets: an echo of the 2011/ 12 euro crisis via Greek political upheaval and fears that the country might...

  • LONDON, Jan 7- German Chancellor Angela Merkel will give little ground on Wednesday as British Prime Minister David Cameron seeks her help in curbing EU migration, insisting that free movement of workers is crucial to the bloc. Cameron, whose Conservatives are losing support to the Eurosceptic UK Independence Party before an election in May, plans to raise his...

  • Sterling stumbles as dollar tears higher Monday, 5 Jan 2015 | 11:21 AM ET

    LONDON, Jan 5- Sterling slipped against a rallying dollar on Monday, after yet another set of weaker-than-expected economic UK data boosted bets that the Bank of England will not raise interest rates any time this year. Numbers released on Monday showed Britain's construction sector grew last month at its slowest rate since July 2013, well below economists'...

  • LONDON, Jan 5- Sterling fell against the dollar, hovering near a 17- month low struck earlier on Monday, as subdued economic data bolstered bets that the Bank of England will not raise interest rates until 2016.. The pound was also hurt by growing political uncertainty after Prime Minister David Cameron said on Sunday that he would like to bring forward a planned...

  • LONDON, Jan 2- Sterling got off to a sorry start to the year on Friday, sliding under $1.54 to a 17- month trough as weak manufacturing data bolstered bets that the Bank of England will not raise interest rates until 2016.. The pound fell as low as $1.5369, its weakest since early August 2013, leaving it down 1.4 percent on the day, its steepest fall in four months.

  • LONDON, Jan 2- Prime Minister David Cameron stepped up his drive to be re-elected in four months, opening billboard campaigning on Friday with assertions that his Conservative party has nurtured Britain's economic recovery. With the rise of the anti- EU UK Independence Party, the Scottish National Party and others, one or even two smaller parties could find...

  • A lacklustre FTSE 100  Friday, 2 Jan 2015 | 4:00 AM ET

    The U.K.'s FTSE 100 was disappointing in terms of performance in the equity market. Andy Brough, fund manager at Schroders explains why.

  • France waves discreet goodbye to 75 percent super-tax Tuesday, 23 Dec 2014 | 11:21 AM ET

    One adviser warned it was a Socialist step too far that would turn France into " Cuba without sun." "The reform clearly damaged France's reputation and competitiveness," said Jorg Stegemann, head of Kennedy Executive, an executive search firm based in France and Germany. "It clearly has become harder to attract international senior managers to come to France than it...

  • LONDON, Dec 23- Britain's economy relied more heavily on spending by households for growth in the third quarter despite a fall in take-home incomes, underscoring the challenges of getting the recovery onto a sounder footing. In another disappointing sign for policymakers, business investment was weaker than in an earlier reading of how Britain's economy...

  • BRUSSELS, Dec 19- European Union leaders warned Moscow they are ready to flex their combined muscle and "stay the course" in a long confrontation with Russia if President Vladimir Putin refuses to pull back from Ukraine. In comments that were part warning to Russia, where falling oil prices and Western trade sanctions have brought financial havoc, and part...

  • LONDON, Dec 19- Britain's public finances improved in November helped by fines paid by banks for a foreign exchange scandal, giving some respite to finance minister George Osborne as he tries to show voters he can keep on bringing down the deficit. Separately, retailers reported booming sales, underscoring how consumers are propelling Britain's strong...

  • UK PM: Must keep pressure on Russia  Friday, 19 Dec 2014 | 4:10 AM ET

    At the European Union summit, sanctions on Russia is all the talk. U.K. prime minister David Cameron says the pressure must be kept on Russia while President of the European Council, Donald Tusk, stated that EU needs a consistent strategy towards Russia. CNBC's Hadley Gamble reports.

  • EU leaders ready long confrontation with Russia Thursday, 18 Dec 2014 | 8:54 PM ET

    *EU leaders lay ground for long-term common front toward Moscow. BRUSSELS, Dec 19- European Union leaders warned Moscow they were ready exercise their combined muscle over the long haul in a confrontation with an economically wounded Russia if President Vladimir Putin refused to pull back from Ukraine. "It is obvious we will not find a long-term perspective for...

  • BRUSSELS, Dec 18- EU leaders defended plans for the world's biggest trade deal with the United States, seeking on Thursday to counter hostility in Europe and clear the way for the accord to be agreed by the end of 2015.. The European Union and the United States have committed to an accord that would create a transatlantic market of 800 million people and encompass...

  • BRUSSELS, Dec 18- The president of the European Central Bank urged the region's leaders on Thursday to speed along a new EU investment plan and renewed his calls for economic reform. At a meeting of European Union leaders including Germany's Angela Merkel and France's Francois Hollande, Mario Draghi warned of the fragile state of the euro zone's economy where...

  • After "Hoovergate", EU torn over power-saving rules Monday, 15 Dec 2014 | 4:00 AM ET

    Now, fear of fuelling rage at Brussels bureaucracy, especially in Britain where critics branded the "Hoover ban" a foreign attack on consumer freedoms, is pushing new EU leaders to axe a host of planned regulations in proposals expected on Tuesday. Yet Jean-Claude Juncker's European Commission is also under pressure to keep rolling out more laws on the "...

  • Finance minister George Osborne has said he intends to balance Britain's budget over the coming years through spending cuts alone, a pledge which will be central to the campaign of Prime Minister David Cameron ahead of national elections in May. But S&P, the only major ratings agency not to have cut Britain's AAA rating, said the tax base might eventually need to...

  • Finance minister George Osborne has said that he intends to balance Britain's budget over the coming years without raising taxes. S&P-- the only major ratings agency not to have cut Britain's AAA rating-- said the tax base might need to widen. S&P also said Britain's economy would suffer if it left the European Union, something on which Prime Minister David...

  • HAPPISBURGH, England, Dec 12- Bryony Nierop-Reading has what she calls a million-dollar view from her clifftop property in east England, looking out over North Sea swells beyond a sandy beach where gulls wheel overhead. Her bungalow was demolished by the local council after a December 2013 storm bit a 33- foot chunk out of the cliff, leaving her home perched over a...