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David Cameron

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  • Europe's Leaders Play Tennis While Markets Implode Tuesday, 9 Aug 2011 | 4:36 AM ET
    Tennis

    August is famously the month when most of Europe hits the beach. Markets are quiet, parliaments are closed, and very little happens.

  • Big Ben

    Following weak growth in the second quarter due to a number of one-off effects such as the UK royal wedding and the tsunami disaster in Japan, the UK economy can be described as fragile at best.

  • UK Gilts: Resting on a Bed of Goose Down Friday, 5 Aug 2011 | 12:57 AM ET
    Big Ben

    This week UK gilts featured prominently in the media when the 10-year yield dropped to its lowest levels in a long time. Is this is a vote of confidence in the UK economy? In a word, yes.

  • Bank of England Holds Rates After Weak Growth Thursday, 4 Aug 2011 | 7:07 AM ET
    Governor of the Bank of England Mervyn King

    The Bank of England (BoE) held interest rates on Thursday at their current historic low of 0.5 percent after weaker than expected gross domestic product (GDP) figures last week effectively killed off any hope of a rate rise this year.

  • IMF Casts Doubt on UK Deficit Plan Tuesday, 2 Aug 2011 | 12:37 AM ET
    Tower Bridge and City of London financial district

    Bad economic news bombarded the UK Treasury on Monday as new International Monetary Fund forecasts cast doubt on the chancellor’s deficit reduction plan, the FT reports.

  • BSkyB Hands Investors Cash Bonus, Murdoch Stays Friday, 29 Jul 2011 | 3:11 AM ET
    James Murdoch, son of Rupert Murdoch and Chairman and Chief Executive of News Corporation, Europe and Asia.

    James Murdoch, the under-fire chairman of BSkyB, was kept on with the unanimous support of the board, the chief financial officer of the cable television company told CNBC Friday.

  • No Phone Hacking at Daily Mail Group, Says CEO Tuesday, 26 Jul 2011 | 8:11 AM ET
    A pile of old cellular phones.

    The phone hacking crisis causing turmoil at News Corp subsidiary News International will not extend to rival Daily Mail & General Trust, according to the company's chief executive.

  • UK Lawmaker Calls for Murdochs' Suspension Friday, 22 Jul 2011 | 6:12 AM ET
    Rupert Murdoch, Chairman and CEO of News Corporation

    A UK Member of Parliament has written to the board of News Corp calling for Rupert and James Murdoch to be suspended over phone hacking at the company.

  • Hacking Case Linked to News Corp Referred to FBI Thursday, 21 Jul 2011 | 2:28 AM ET
    Rupert Murdoch, chief executive officer of News Corp., sits in a car as he is driven along Whitehall, prior to a parliamentary committee hearing on the phone hacking scandal.

    A legal battle over alleged computer hacking of a US marketing company by a News Corp subsidiary has been referred to US authorities by a senior lawmaker, the FT reports.

  • Commodities traders at the New York Mercantile Exchange.

    European leaders could temporarily steal the spotlight from Washington lawmakers Thursday, as they meet in Brussels to discuss the Greek debt crisis and how to keep contagion from spreading.

  • UK PM Has Regrets Over Hiring Ex-Murdoch Editor Wednesday, 20 Jul 2011 | 8:14 AM ET
    David Cameron

    David Cameron told the British parliament of his regrets over hiring former News Corp employee Andy Coulson, who was arrested over phone-hacking allegations.

  • UK MPs Deplore Murdoch Firm's Actions on Hacking Wednesday, 20 Jul 2011 | 5:35 AM ET
    Rupert Murdoch, Chairman and CEO of News Corporation

    An influential committee of British lawmakers has condemned News International's actions on phone hacking and accused News Corp's British newspaper wing of trying to "deliberately thwart" the police investigation into the initial allegations.

  • A positive start to earnings season, including blowout results from Apple, is helping investors shake off worries and start buying the dips. On tap for Wednesday: UTX, AmEx, Intel.

  • 'Great Drama' Expected at Murdoch Hearing: Editor Tuesday, 19 Jul 2011 | 11:31 AM ET
    Rupert Murdoch, Chairman and CEO of News Corporation

    Rupert Murdoch, his son James and Rebekah Brooks, the former News of the World editor who used to run their British newspaper empire News International, face grilling by a committee of MPs later on Tuesday.

  • Can the UK Prime Minister Survive Murdoch Scandal? Tuesday, 19 Jul 2011 | 8:03 AM ET
    David Cameron

    he News of the World phone hacking scandal heaped further pressure on the British Prime Minister, David Cameron, on Monday as more questions were raised about his appointment of the paper's former editor Andy Coulson as his director of communications.

  • Whistleblower in News Corp Scandal Is Found Dead Monday, 18 Jul 2011 | 5:56 PM ET
    News Corp

    The whistleblower who alleged widespread hacking at News Corp's News of the World has been found dead. Police said his death was not considered to be suspicious.

  • Phone Hacking Scandal May Stretch to 9/11 Victims Wednesday, 13 Jul 2011 | 8:11 AM ET
    Rupert Murdoch, Chairman and CEO of News Corporation

    British Prime Minister David Cameron says he will look into whether 9/11 victims were targeted in the phone hacking scandal.

  • Rupert Murdoch, Chairman and CEO of News Corporation

    The likelihood of Rupert Murdoch's News Corp being given UK government approval to complete its takeover of British Sky Broadcasting has "sharply contracted" over the last 24 hours, Alex De Groote, media analyst at Panmure Gordon told CNBC.

  • Millions in UK Public Sector to Work Longer for Less Friday, 17 Jun 2011 | 5:34 AM ET
    A mass march in protest at government cuts sets off from Embankment on March 26, 2011 in London, England.

    The British government will confirm proposals to raise the retirement age of up to six million public sector workers by six years on Friday from 60 to 66.

  • Bank of England May Be Forced to Raise Rate: Economist Thursday, 16 Jun 2011 | 3:49 AM ET

    The UK consumer sector is “extremely challenging” but the Bank of England will probably be forced to raise interest rates later in the year, Adam Chester, chief economist at Lloyds Bank Corporate Markets told CNBC.