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David Cameron

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  • *Domestically focused FTSE mid-cap index sets record high. LONDON, May 8- Britain's stock market surged higher on Friday after Prime Minister David Cameron's Conservatives unexpectedly won the parliamentary election, giving the party another five years in power. The FTSE 250 mid-cap index finished 2.8 percent stronger after setting an all-time high as the...

  • UK Tories win; Brexit fears may yet spook markets Friday, 8 May 2015 | 11:59 AM ET

    The ruling Conservative Party secured a majority in Parliament and Prime Minister David Cameron confirmed his commitment to a vote on EU membership.

  • *Britain's FTSE 100 up 2 pct. *Syngenta rallies after rejecting Monsanto bid. LONDON, May 8- UK shares led a rebound in European equity indexes on Friday after election results showed Prime Minister David Cameron's Conservatives were set to govern Britain for another five years.

  • *Domestically-focused FTSE mid-cap index sets record high. LONDON, May 8- Britain's stock market surged higher on Friday after Prime Minister David Cameron's Conservatives unexpectedly won the general election, giving the party another five years in power. The FTSE 250 mid-cap index rose 2.7 percent to set an all-time high as the election results came...

  • NEW YORK, May 8- The U.S. dollar was mostly little changed against a basket of major currencies on Friday as a mixed U.S. jobs report stoked uncertainty over the health of the U.S. economy and the timing of the Federal Reserve's first interest rate hike. U.S. Labor Department data showed nonfarm payrolls increased 223,000 last month, while the unemployment rate...

  • How it happened: Conservatives win overall majority Friday, 8 May 2015 | 8:41 AM ET

    Results show a Conservative Party victory in the U.K. general election. CNBC followed all the developments.

  • LONDON, May 8- Britain's stock market surged higher on Friday after Prime Minister David Cameron's Conservatives unexpectedly won the general election, giving the party another five years in power. The blue-chip FTSE 100 index rose 1.9 percent to 7,017.35 points by 1104 GMT, within touching distance of the record high of 7,122.74 points reached last month.

  • *Gold edges higher after two-day losing streak. LONDON, May 8- Gold edged higher on Friday after two days of losses, but prices held in a narrow range ahead of key U.S. nonfarm payrolls data, which will be closely watched for further clues on the timing of an expected U.S. rate rise. "Gold is desperately looking for direction, which makes today's nonfarm payrolls report...

  • Conservative Party captures UK elections   Friday, 8 May 2015 | 6:07 AM ET
    Conservative Party captures UK elections

    CNBC's Wilfred Frost reports on election results in the United Kingdom and what it could mean for the country's government and economy.

  • The main FTSE 100 stock market surged towards last month's record high, sterling was on course for its biggest daily rise against the euro since 2009 and UK government borrowing costs fell. "A bolt from the blue," said Alan Monks, UK economist at JP Morgan. A Conservative victory is preferable over a Labor-SNP coalition and that's why we see sterling and UK equities...

  • LONDON, May 8- UK shares led a rebound in European equity indexes on Friday after early poll results showed Prime Minister David Cameron's Conservatives were set to govern Britain for another five years. At 0707 GMT, the FTSEurofirst 300 index of pan-European shares was up 2.1 percent at 1,578.68 points, with Britain's FTSE 100 also up by a similar amount.

  • TOKYO/ SYDNEY, May 8- As investors awaited the U.S. jobs report later on Friday, sterling seized the spotlight, rallying to its highest in over two months against the dollar as Britain's election results showed Prime Minister David Cameron's Conservatives were set to win a second term. Sterling gained 1.6 percent on the day to $1.5486 after rising as high as...

  • LONDON, May 8- British stocks were called to open sharply higher and sterling surged on Friday as early British election results showed Prime Minister David Cameron's Conservatives poised to return to power without the need of a formal coalition. With Cameron's Tories generally perceived to be more market-friendly than the opposition Labour Party, the FTSE...

  • SNP will be shut out of coalition deal: Professor   Thursday, 7 May 2015 | 11:47 PM ET
    SNP will be shut out of coalition deal: Professor

    Tina Burrett, assistant professor of Political Science at Sophia University, says it is unlikely for the Scottish National Party (SNP) to form a coalition with the Conservative Party.

  • TOKYO/ SYDNEY, May 8- Most major currencies stuck to recent ranges ahead of U.S. jobs report later on Friday, but sterling seized the spotlight and rallied to its highest in just over a week on expectations that British Prime Minister David Cameron's Conservatives will stay in office. The Conservatives are set to govern Britain for another five years although...

  • TOKYO, May 8- Asian shares held firm on Friday on signs global bond markets are stabilizing after a big selloff and sterling jumped about one percent after UK exit polls forecast the ruling Conservatives taking the most seats in parliament. MSCI's broadest index of Asia-Pacific shares outside Japan was little changed while Japan's Nikkei ticked up 0.2...

  • SYDNEY, May 8- Sterling rallied to its highest in just over a week early on Friday, outperforming its peers on the prospect that British Prime Minister David Cameron's Conservatives could stay in office. Sterling jumped to a high of $1.5448, from around $1.5245, pulling further away from a five-year trough of $1.4567 plumbed last month. The pound also rallied on...

  • Pay for permanent hires in Britain jumps in April -REC Thursday, 7 May 2015 | 7:01 PM ET

    LONDON, May 8- The pay of workers starting permanent jobs in Britain increased by the biggest amount in nine months in April as a shortage of available staff forced companies to offer higher salaries, a monthly survey showed on Friday. At the same time, hourly rates of pay for temporary and contract workers rose at the fastest pace since July 2007, according to the...

  • *Labor's Miliband: "We can change Britain". LONDON, May 7- Britons voted on Thursday in the tightest election for decades; one that could cause government gridlock, push the world's fifth-largest economy closer to leaving the European Union and stoke a second attempt by Scotland to break away. Final opinion polls showed Prime Minister David Cameron's...

  • *FTSE 100 at 1- month low; Morrison falls after results. *FTSE 100 still up 5 pct since start of 2015. Despite the pull-back, the FTSE remains up by around 5 percent since the start of 2015..