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David Cameron

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  • UK Needs Growth Not Just Austerity: Opposition Leader Tuesday, 27 Sep 2011 | 11:56 AM ET
    Ed Miliband, UK Labour party leader

    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.

  • UK's Labour Still Has a Trust Issue on the Economy Tuesday, 27 Sep 2011 | 5:21 AM ET
    Prime Minister Gordon Brown

    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.

  • Britain Needs a Plan That Works: UK Opposition Monday, 26 Sep 2011 | 9:22 AM ET
    Chancellor of the Exchequer George Osborne holds Disraeli's original budget box as he leaves 11 Downing Street for Parliament.

    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”.

  • Plastic Thumbs, Giant Tennis Balls and Parliament Friday, 23 Sep 2011 | 8:19 AM ET
    Big Ben

    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.

  • No Turning Back on Austerity Clegg Tells Lib Dems Wednesday, 21 Sep 2011 | 10:32 AM ET
    Liberal Democrat Leader Nick Clegg takes part in a question and answer session with community groups at the Frontline Church in Liverpool, England.

    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.

  • UK Trade Unions to Ballot Millions on Pensions Strike Wednesday, 14 Sep 2011 | 10:01 AM ET
    A protester holds up a smoke bomb during a mass demonstration against government financial cuts in central London, on March 26, 2011.

    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 Faces Drug Allegations Monday, 12 Sep 2011 | 11:14 AM ET
    Chancellor of the Exchequer George Osborne holds Disraeli's original budget box as he leaves 11 Downing Street for Parliament.

    UK Finance Minister George Osborne faced controversy Monday as allegations resurfaced about him taking cocaine with a former madam.

  • UK Banks Eye £6 Billion Cost of Reforms Sunday, 11 Sep 2011 | 9:53 PM ET

    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.

  • UK's Osborne Still the Darling of the Bond Market? Monday, 5 Sep 2011 | 3:53 AM ET
    Big Ben

    1st paragraph of story should go here

  • Britain Must Escape Its Longest Depression Friday, 2 Sep 2011 | 12:16 AM ET
    Tower Bridge and City of London financial district

    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.

  • UK Groups Cast Net Towards China for Executives Tuesday, 23 Aug 2011 | 1:47 AM ET

    Companies face a scramble to hire talented executives with Chinese experience to join their boards as the focus of UK business shifts increasingly towards the east, the FT reports.

  • UK Set for Slow Growth but No Recession Monday, 22 Aug 2011 | 7:08 AM ET
    Big Ben

    Despite the widespread gloom, the consensus is that Britain will not re-enter a recession, Norma Cohen writes in the FT.

  • Banking regulators should consider temporarily lowering capital requirements in an effort to boost the feeble supply of credit to the economy, according to a top official at the Bank of England, the FT reports.

  • UK Police Arrest 13th Phone Hacking Suspect Friday, 19 Aug 2011 | 1:01 AM ET
    James Murdoch, son of Rupert Murdoch and Chairman and Chief Executive of News Corporation, Europe and Asia.

    The Metropolitan Police arrested another suspect as part of their investigations into phone hacking at the now closed News of the World newspaper, London's Metropolitan police said on Thursday.

  • 'Devastating' News May Force More Murdoch Testimony Wednesday, 17 Aug 2011 | 12:50 AM ET
    James Murdoch speaking in front of Parliament

    The travails of the Murdoch family over the phone-hacking scandal at their UK newspaper empire are far from over.

  • Time for a European Bond: UK Finance Minister Thursday, 11 Aug 2011 | 11:22 AM ET
    Chancellor of the Exchequer George Osborne holds Disraeli's original budget box as he leaves 11 Downing Street for Parliament.

    U.K. finance minister George Osborne has called upon his euro zone peers to do whatever it takes to ensure stability, indicating the British government would back a so-called euro bond to avoid a disastrous break up of the euro.

  • UK Prime Minister Promises Help for Riot Victims Thursday, 11 Aug 2011 | 9:04 AM ET
    David Cameron

    David Cameron condemned the recent riots in the UK as Parliament was recalled from its summer recess on Thursday, telling MPs in the House of Commons that the violence was "not about politics or protest."

  • Bank of England Revises UK Growth Down to 1.4% Wednesday, 10 Aug 2011 | 7:29 AM ET

    The Bank of England (BoE) cut its 2011 GDP growth forecast for the UK for the seventh time since the end of the recession on Wednesday as more weak economic figures suggested the economy was struggling to maintain momentum.

  • 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.