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David Cameron

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  • The Olympic Effect: Good for the Economy Tuesday, 7 Aug 2012 | 8:01 AM ET
    London Buses Rain

    Is the Olympic effect enough to turn GDP positive for the whole year? This will depend on the feel-good effect that arises after the games are over, writes Moorad Choudhry.

  • London Mayor Boris Johnson hit back at U.S. Presidential candidate Mitt Romney on Friday, saying the city was as prepared as ever for the Olympic Games.

  • Don’t Read Too Much Into UK GDP Gloom: Economist Wednesday, 25 Jul 2012 | 9:58 AM ET
    Tower Bridge and City of London financial district

    New figures showing the U.K’s growth domestic product falling by 0.7 percent in the second quarter from the first should be taken with a pinch of salt, and calls into account the credibility of this data, James Knightley, UK Economist at ING told CNBC.

  • PM Mocked for 'Hokey-Cokey' Over Europe Tuesday, 3 Jul 2012 | 2:46 AM ET
    David Cameron

    David Cameron was accused on Monday of doing the “hokey-cokey” after he insisted he wanted Britain to stay in the EU but refused to rule out an in-out referendum if he was not able to negotiate a better deal with Brussels, the Financial Times reports.

  • Gilts Face Disruption During Olympics Too Monday, 2 Jul 2012 | 1:32 AM ET
    A detailed view of the prototype design of the new golden Olympic torch during its unveiling at St Pancras Station on June 8, 2011 in London, England. 8,000 torchbearers will carry the Olympic Flame around the UK during the 70-day relay, which starts at Land's End in Cornwall on May 19, 2012.

    As London braces itself for feared transport congestion when the Olympic Games start this month, the disruption looks set to hit an unexpected victim: the government bond market, the Financial Times reports.

  • Two Cheers for Britain’s Bank Reform Plans Friday, 15 Jun 2012 | 2:43 AM ET
    Chancellor of the Exchequer George Osborne holds Disraeli's original budget box as he leaves 11 Downing Street for Parliament.

    The government appears to be taking the proposals of the Independent Commission on Banking, in the UK seriously and looks as if it may implement the majority of Sir John Vickers proposals, writes the Financial Times’ Martin Wolf.

  • Lib Dems Plan Mass Abstention Over Hunt Wednesday, 13 Jun 2012 | 4:04 AM ET
    British Sky Broadcasting plc (BskyB) operates Sky, a pay television broadcast service in the UK and Ireland, as well as providing broadband and telephony services. In addition to the third party channels available through the Sky platform, Sky also owns and operates over 25 channels with a portfolio spanning Entertainment, News, Movies and Sports channels such as Sky One, Sky News, Sky Arts, Sky Movies and Sky Sports.

    The Lib Dems are set to deliver a blow to coalition unity on Wednesday by refusing to back the embattled culture secretary Jeremy Hunt in a vote in the House of Commons, the Financial Times reports.

  • UK Media Inquiry Heats Up: Prime Minister Next Wednesday, 13 Jun 2012 | 2:17 AM ET
    David Cameron

    British prime minister David Cameron faces the prospect of appearing for a full day at the Leveson Inquiry into press standards and ethics on Thursday, rounding off a week in which the elite of British politics will have given evidence into their dealings with the media.

  • Osborne Told to Stop Using Euro Zone Alibi Monday, 11 Jun 2012 | 2:46 AM ET

    George Osborne has been warned by Tory MPs not to use the euro zone crisis as “an alibi” for Britain’s poor economic performance and to step up supply-side reforms to promote growth, the FT reports

  • Cameron to Urge Merkel to Act on Euro Zone Thursday, 7 Jun 2012 | 2:14 AM ET
    British Prime Minister David Cameron leaves 10 Downing Street on August 11, 2011 in London, England. Mr Cameron hosted a COBRA meeting and a cabinet meeting earlier this morning to discuss the current unrest that has spread across the country. Parliament has been recalled following four days of rioting across the UK.

    David Cameron will tell Angela Merkel on Thursday that she needs to act now to bring the eurozone back from the brink of disaster – a message likely to stoke irritation in Berlin and other eurozone capitals, the Finanical Times reports.

  • Business Backs Income Tax Rate of 30% Monday, 21 May 2012 | 2:48 AM ET

    The Institute of Directors has endorsed a radical proposal that recommends replacing part of the UK tax system with a single income tax rate of 30 percent and reducing the government’s share of the national economy to one-third, the Financial Times reports.

  • UK's Cameron Fears Euro Zone Unraveling Thursday, 17 May 2012 | 5:18 AM ET
    David Cameron

    David Cameron, Britain’s prime minister, will on Thursday warn that the single European currency could unravel in a way that “carries huge risks for everyone” unless the eurozone’s 17 members move rapidly towards full fiscal and political union.

  • Britain to Bolster Investors’ Say on Pay Monday, 7 May 2012 | 1:46 AM ET

    Plans to give shareholders more power over boardroom pay will be given centre stage in the Queen’s Speech, as highly paid executives face another week of lambasting from shareholders, the Financial Times reports.

  • Sign of Things to Come? UK Voters Punish Incumbents Saturday, 5 May 2012 | 9:54 AM ET
    David Cameron

    Voters in the United Kingdom punished the coalition government’s two political parties at local elections across the country on Thursday in what will be seen by many as a rejection of the government’s austerity.

  • King Admits Failing to ‘Shout’ About Risk Thursday, 3 May 2012 | 3:32 AM ET
    Governor of the Bank of England Mervyn King

    Repairing the economy and regulating banks is “the biggest challenge the Bank [of England] has faced for decades,” Sir Mervyn King said on Wednesday in a speech in which he conceded for the first time he should have “shouted from the rooftops” about risks before the financial crisis.

  • The First Electoral Test for UK Austerity Is Near Tuesday, 1 May 2012 | 3:35 AM ET
    David Cameron

    While the French presidential elections are drawing the attention of most in Europe, local elections in the UK, though unlikely to change the shape of Britain’s coalition government, could put pressure on its economic policy.

  • Live Blog: Rupert Murdoch Hits Back in Leveson Testimony Wednesday, 25 Apr 2012 | 9:51 AM ET
    News Corp. Chairman Rupert Murdoch looks down as he leaves the One Aldwych Hotel surrounded by his personal security team to speak with reporters after meeting with the family of murdered school girl Milly Dowler on July 15, 2011 in London, England.

    This is a live blog of the Leveson Inquiry, which was set up by Prime Minister David Cameron following the phone-hacking scandal plaguing News Corp.

  • Live Blog: James Murdoch Testifies on Phone-Hacking Tuesday, 24 Apr 2012 | 11:26 AM ET

    This is a live blog of the Leveson Inquiry in London, where James and Rupert Murdoch are appearing in front of the inquiry into media ethics in the UK, set up by Prime Minister David Cameron following the phone-hacking scandal plaguing News Corp.

  • UK Chancellor Looks at 100-Year Gilt Wednesday, 14 Mar 2012 | 4:16 AM ET
    George Osborne

    The UK chancellor aims to launch an “Osborne bond”—a 100-year debt issue or even a perpetual gilt that never matures—to take advantage of the country’s historically low interest rates, the Financial Times reports.

  • Sun Arrests Pile Pressure on Murdoch Media Empire Sunday, 12 Feb 2012 | 4:05 PM ET
    Rupert Murdoch

    Rupert Murdoch is under pressure over his Sun tabloid after the arrests of several senior staff in a corruption probe, but whistleblowers inside his media empire may pose more of a threat than the public outrage that towards his business empire that he was forced to give up his closed its sister paper.