The U.S. will join the European Union this week in slapping new economic sanctions on Russia for its continued support of separatists in Ukraine.» Read More
Most people who have a mortgage are doing very nicely, thank you very much, out of lower interest rates.
Embattled UK secretary of state for defense Liam Fox resigned from the government on Friday after a week of continuing allegations relating to his close friend and self-styled adviser Adam Werrity.
The aggregate shortfall of UK corporate pension schemes soared in September and is now at its second-highest level, new industry data show, as falling markets and bond yields sharply reduced returns.
The average UK household will be in “fuel poverty” by the next election in 2015 if energy bills, which have almost doubled as a share of median income since 2004, stay on their current path, the FT reports.
France and Germany make a promise, and China sends a warning - it's time for your FX Fix.
The UK’s opposition party leader Ed Miliband announced a reshuffle to his shadow cabinet on Friday in a move that was widely expected following a change to the Labour party’s rules which had previously meant shadow cabinet members had to be elected by the party.
The British Prime Minister David Cameron defended the coalition government’s austerity plans on Wednesday telling delegates at the Conservative party’s annual conference in Manchester: “Our plan is right, and our plan will work.”
When chancellor of the exchequer, George Osborne, got up to speak at the Conservative party conference on Monday, he knew he had to tread a fine line between optimism that the British economy could recover and wasn’t going to fall into a "double-dip" recession, versus facing down calls from the Liberal Democrats to ease public spending cuts and those on the right of his own political party calling for an end to the 50p tax rate at the very least.
The UK’s finance minister, Chancellor of the Exchequer George Osborne vowed to continue the coalition government’s austerity program on Monday telling delegates at his Conservative party’s annual conference in Manchester, UK, that Britain would “ride out the storm.”
The UK needs a new economic plan for the 21st century that rewards the real wealth creators and not just "predators who are just interested in the fast buck", the Labour party leader - the UK’s main opposition party - Ed Miliband said on Tuesday.
As Shadow Chancellor Ed Balls wrapped up his speech to the Labour party conference on Monday, one thing became abundantly clear: Labour still have a trust issue when it comes to the economy.
The UK’s opposition finance spokesman Ed Balls called on the government to provide a credible policy to encourage economic growth telling delegates at the Labour party’s annual conference the coalition government’s austerity plan “just wasn’t working”.
What would you bring to London's Houses of Parliament when you came to gape at Big Ben? A broomstick? A plastic thumb? Or even an egg? These were all among the items confiscated from visitors to the Houses of Parliament in the first half-year of 2011.
Britain’s deputy prime minister, Liberal Democrat leader Nick Clegg told delegates at his annual party conference in Birmingham on Wednesday there was no turning back from the coalition government’s fiscal austerity program despite figures showing government borrowing in August reached a record high for the month.
Trade unions representing millions of public sector workers announced on Wednesday they would hold a strike ballot over pension reforms, raising the threat of mass walkouts later this year.
UK Finance Minister George Osborne faced controversy Monday as allegations resurfaced about him taking cocaine with a former madam.
Britain’s banks will face an annual bill of as much as £6 billion ($9.5 billion) to comply with the reforms of the Vickers Commission, according to the panel’s final report, published on Monday. The FT reports.
The financial services industry must be allowed to breathe in order to avoid a mass exodus out of London, Lord Levene, former chairman of Lloyd's of London, told CNBC.
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The current UK depression will be the longest since at least the first world war. Without a dramatic surge in growth, it is also quite likely to generate a bigger cumulative loss of output than the “great depression”, Martin Wolf writes in the FT.