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David Cameron

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  • BERLIN/ LONDON, Oct 11- Europe's two biggest aerospace firms will go back to the drawing board to find new strategies after Germany stymied the world's biggest arms and aviation company merger.

  • UPDATE 8-EADS, BAE call off world's biggest arms merger Wednesday, 10 Oct 2012 | 3:50 PM ET

    *Sources said Germany opposed the $45 billion aerospace merger. PARIS/ BERLIN/ LONDON, Oct 10- EADS and BAE Systems called off the world's largest defence and aviation merger on Wednesday, and pinned the blame on Germany for wrecking the $45 billion deal.

  • UPDATE 7-EADS, BAE call off world's biggest arms merger Wednesday, 10 Oct 2012 | 2:28 PM ET

    *Sources said Germany opposed the $45 billion aerospace merger. PARIS/ BERLIN/ LONDON, Oct 10- EADS and BAE Systems called off the world's largest defence and aviation merger on Wednesday, and pinned the blame on Germany for wrecking the $45 billion deal.

  • UPDATE 1-British PM tells country more pain to come Wednesday, 10 Oct 2012 | 8:12 AM ET

    *UK PM says won't waver from austerity despite IMF warning* Conservatives lag Labour in polls ahead of 2015 election By Matt Falloon and Mohammed Abbas.

  • UPDATE 2-EADS, BAE in last-ditch struggle to save merger Wednesday, 10 Oct 2012 | 7:50 AM ET

    *Doubts over German backing for $45 bln aerospace merger* UK Takeover Panel deadline at 1600 GMT* BAE shares down 0.9 pct By Sophie Sassard and Jason Neely.

  • EADS-BAE talks blocked, need govt intervention - sources Wednesday, 10 Oct 2012 | 7:26 AM ET

    PARIS, Oct 10- Talks over a merger between EADS and BAE Systems were blocked on Wednesday a few hours ahead of a deadline and only intervention by the French, German and British leaders could break the deadlock, sources familiar with the negotiations said.

  • UK PM says taking longer than hoped to fix economy Wednesday, 10 Oct 2012 | 7:06 AM ET

    BIRMINGHAM, England, Oct 10- Prime Minister David Cameron said on Wednesday it was taking longer than hoped to nurse Britain's economy back to growth and to reduce the budget deficit. "Our deficit reduction plan is not an alternative to a growth plan: it's the very foundation of our growth plan," Cameron told party activists in the English city of Birmingham.

  • Deadline looms for proposed BAE-EADS merger Wednesday, 10 Oct 2012 | 3:52 AM ET

    LONDON-- Defense and aerospace companies BAE Systems PLC and EADS have hours to agree on whether to go ahead with a proposed merger that has prompted a wide range of concerns in Britain, France and Germany.

  • UK must cut debt or face obscurity - PM Cameron Tuesday, 9 Oct 2012 | 7:01 PM ET

    BIRMINGHAM, England, Oct 10- Britain must cut its budget deficit and fix its economy or face long-term decline, Conservative Prime Minister David Cameron will say on Wednesday, seeking to convince voters that his austerity plan is the only way forward.

  • *Britain behind on austerity targets due to weak economy. BIRMINGHAM, England, Oct 9- British Prime Minister David Cameron said on Tuesday he would not soften his austerity programme with a "Plan B" of slower spending cuts after the International Monetary Fund downgraded its growth forecasts for Britain. "What we need in Britain is not' Plan B', which is more borrowing.

  • BIRMINGHAM, England, Oct 9- A referendum on Britain's ties with the European Union would be the best way of agreeing a fresh settlement with the 27- member bloc, Prime Minister David Cameron said on Tuesday, as pressure mounts within his party for a vote. The Conservative Party's restive "eurosceptic" right wing is clamouring to claw back powers from Brussels.

  • BIRMINGHAM, England, Oct 9- A referendum on Britain's ties with the European Union would be the best way of agreeing a fresh settlement with the 27- member bloc, Prime Minister David Cameron said on Tuesday, as pressure mounts within his party for a vote. The Conservative Party's restive "eurosceptic" right wing is clamouring to claw back powers from Brussels.

  • BIRMINGHAM, England, Oct 9- Prime Minister David Cameron said on Tuesday a referendum on Britain's relationship with the European Union was the most sensible way of forging a fresh settlement with the 27- member bloc. Cameron is under mounting pressure from his party's restive right wing for a vote on Britain's relationship with the European Union.

  • UK PM says referendum best solution for EU relations Tuesday, 9 Oct 2012 | 3:38 AM ET

    BIRMINGHAM, England, Oct 9- British Prime Minister David Cameron said on Tuesday a referendum on the relationship with the European Union was the most sensible way of forging a fresh settlement with the 27- member bloc. Cameron gave no time frame for a vote.

  • BIRMINGHAM, England, Oct 9- British Prime Minister David Cameron said on Tuesday he would not soften his austerity programme with a "Plan B" of slower spending cuts after the International Monetary Fund downgraded its growth forecasts for Britain.

  • UK's Cameron says will not soften austerity Tuesday, 9 Oct 2012 | 2:33 AM ET

    LONDON, Oct 9- British Prime Minister David Cameron said on Tuesday he would not soften his austerity programme with a "Plan B" after the International Monetary Fund downgraded its growth forecasts for Britain. We know that, "Cameron told BBC. The IMF said Britain might have to defer some of its spending cuts if growth turns out much worse than expected.

  • IMF Urges Britain to Prepare for Plan B Tuesday, 9 Oct 2012 | 2:21 AM ET
    IMF headquarters

    The International Monetary Fund has moved a step closer to withdrawing its support for the UK’s economic strategy, advising the government to redraw its fiscal tightening plan if growth disappoints in the coming quarters, the FT reports.

  • BBC star may have abused girls over four decades Tuesday, 9 Oct 2012 | 12:07 AM ET

    *Allegations have put BBC in spotlight. LONDON, Oct 9- Jimmy Savile, the late BBC TV star at the centre of a child sex scandal that has shaken Britain's state-funded broadcaster, may have abused up to 25 victims some as young as 13 over four decades, police said on Tuesday.

  • By Matt Falloon and Guy Faulconbridge. BIRMINGHAM, England, Oct 8- Britain's Conservatives would slash government spending on welfare by 10 billion pounds a year if re-elected, finance minister George Osborne said on Monday, though he offered few ideas on how to bring the economy out of recession.

  • *No agreement yet by Britain, France, Germany on stakes. LONDON/ PARIS, Oct 8- Britain turned up the volume in a dispute over French state involvement in any tie-up of aerospace groups EADS and BAE Systems on Monday, leaving the European mega-merger on a knife-edge less than 48 hours before a deadline for the deal.