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  • It is perfectly obvious that the euro zone cannot run as it is without fiscal union and a surrender of sovereignty, Lord Digby Jones, former director general at the Confederation of British Industry told CNBC Monday.

  • Occupy protests in London

    Occupy London Stock Exchange demonstrators announced on Friday they had “repossessed” a building belonging to Swiss investment bank UBS in Hackney East London.

  • Occupy protests in London

    The City of London Corporation - the executive body representing the district in the UK’s capital - has re-launched its legal bid to evict protestors who have been encamped around St Paul’s Cathedral since October 15 after saying that negotiations with the protestors had collapsed.

  • Students' 'Day of Rage' Ends With Dancing in the Street Wednesday, 9 Nov 2011 | 1:05 PM ET
    LONDON, ENGLAND - NOVEMBER 09: Students take part in a demonstration against higher tuition fees and privatisation in universities on November 9, 2011 in London, England. Around 4000 police officers are on duty and are to be allowed to deploy baton rounds if needed. The march is expected to finish at London Wall in the heart of the capital's financial district. (Photo by Dan Kitwood/Getty Images)

    It was supposed to be a “day of rage” as students protested against increases in university tuition fees that are going to triple to as much as 9,000 pounds ($14,360) a year -- and the financial system which they see as responsible for robbing them of their future.

  • Occupy protests in London

    The City of London Corporation joined St Paul’s Cathedral on Tuesday in suspending legal action against a group of protestors camped by the side of the cathedral.

  • An anti-capitalist banner is pictured outside St Paul's Cathedral in London, on October 31, 2011. The head of St Paul's Cathedral resigned on Monday due to criticism he faced over moves to evict protesters inspired by the Occupy Wall Street movement from outside the London landmark.

    The standoff between Occupy London Stock Exchange protestors, the Corporation of London and St Paul's Cathedral took another dramatic turn Monday afternoon as the Dean of St Paul's, the Right Reverend Graeme Knowles, resigned over his handling of the protests.

  • Cameron Warns Colleagues on Talking Down UK Monday, 31 Oct 2011 | 2:46 AM ET
    David Cameron

    David Cameron has urged colleagues to stop talking down the economy as he tries to drown out a growing chorus of doomsayers with a resolutely upbeat assessment of the nation’s prospects, in an article for the FT.

  • 'Occupy' Protestors Slam 'Charade' British Democracy Friday, 28 Oct 2011 | 10:49 AM ET
    Occupy protests in London

    Protestors who have been camping outside St Paul's Cathedral in London for two weeks vowed on Friday to fight any attempt to evict them as representatives of the City of London approved a legal bid to remove them.

  • Europe Needs a 'Big Bazooka' Approach: Cameron Monday, 24 Oct 2011 | 1:52 AM ET
    David Cameron

    David Cameron has urged European leaders to take a “big bazooka” approach to resolving the eurozone crisis, warning they have just a matter of weeks to avert economic disaster. The FT reports.

  • London Protesters Camping, but What Are They Saying? Friday, 21 Oct 2011 | 6:09 AM ET
    A London demonstrator vents anger at bankers while standing near St. Paul's Cathedral. "Occupy" protestors, as they're known in the United States and United Kingdom, concern themselves primarily with what they see as the domination of society by interests within financial institutions and corporations.

    It’s getting colder in London. We had a lingering summer, but that is over. Not such a great time to be on the streets for any longer than you have to. The central heating goes on and the thick duvet is very welcome.

  • Rupert and James Murdoch in front of Parliament

    Rupert Murdoch inherited part of the newspaper business he turned into a vast worldwide media empire from his father, Sir Keith, and has always wanted to pass on News Corp to one of his children.

  • Former UK PM Brown Calls for US Leadership Thursday, 20 Oct 2011 | 11:06 AM ET
    Prime Minister Gordon Brown

    Former British Prime Minister Gordon Brown has called on the United States to show leadership on the global economic recovery at the next G20 Summit to be held in Nice, France next month.

  • UK MP Buys News Corp Shares to Speak at Meeting Thursday, 20 Oct 2011 | 10:15 AM ET
    Rupert and James Murdoch in front of Parliament

    British member of parliament, Tom Watson, will attempt to address News Corp  shareholders when it holds its the annual general meeting (AGM) on Friday.

  • Inflation Is Not What the UK Should Fear Wednesday, 19 Oct 2011 | 3:12 AM ET
    Occupy protests in London

    Most people who have a mortgage are doing very nicely, thank you very much, out of lower interest rates.

  • UK Defense Secretary Resigns Over Best Man Monday, 17 Oct 2011 | 5:42 AM ET
    Britain's Prime Minister David Cameron (front 2nd Left) calls an end to a group picture with his new cabinet ministers in the garden of Number 10 Downing Street in London, England.

    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.

  • Pension Shortfall Nearly Doubles in September Wednesday, 12 Oct 2011 | 3:19 AM ET

    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.

  • Average UK Household Faces Fuel Poverty by 2015 Tuesday, 11 Oct 2011 | 1:40 AM ET
    Electricity pylon pass the Ffos-Y-Fran opencast coal mine in Merthyr Tydfil, Wales.

    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.

  • Euro Lifts, Dollar Slips, China Talks Tough Monday, 10 Oct 2011 | 8:25 AM ET

    France and Germany make a promise, and China sends a warning - it's time for your FX Fix.

  • UK Opposition Leader Shuffles His Team Friday, 7 Oct 2011 | 8:14 AM ET
    Ed Miliband, UK Labour party leader

    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.

  • Our Austerity Plan Will Work: UK Prime Minister Wednesday, 5 Oct 2011 | 11:28 AM ET
    David Cameron

    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.”