*Dublin seen as possible venue for relocation. Faced with the prospect of a Labour government that would hike the top rate of income tax to 50 percent and extract a levy from their bonuses, most financiers are rooting for the re-election of David Cameron's Conservatives, even though that would mean a potentially damaging referendum on Britain's membership of...
LONDON, March 12- Some young voters who backed Prime Minister David Cameron's Conservatives in Britain's last election are considering turning to Labour in May's ballot because they feel let down by the government's record of creating jobs and opportunity. Reuters spoke to ten first-time voters in the run up to the last election in 2010, when Labour Prime...
LONDON, Feb 27- The stark choice faced by Britons in May's national election is summed up nowhere more clearly than by the two men vying to be finance minister. The Conservatives' George Osborne, 43, and Labour's Ed Balls, 48, have helped define what their parties stand for. "We are getting a genuinely significant choice," said Paul Johnson, director of the Institute...
*Morgan Stanley colleagues pay glowing tributes. LONDON/ NEW YORK, Feb 26- The man synonymous with the "light-touch" regulation which allowed Royal Bank of Scotland to spiral out of control before its 45.5 billion pound government rescue looks set to guide it back to private hands. Davies, then deputy governor of the Bank of England, was asked to create a new city...
*Liberal Democrats bidding for second stint in coalition. SHEFFIELD, England, Feb 5- Britain's Deputy Prime Minister has two battles to win by May. Nick Clegg's centrist Liberal Democrats will have been in coalition government with the centre-right, anti-welfare state Conservatives for five years when the next general election comes around.
LONDON, Feb 4- Germany must relax its insistence on austerity and stoke domestic demand so struggling euro zone nations like Greece can grow their way out of crisis, the man who could be Britain's finance minister after May elections said. On Britain, the opposition Labor party's finance minister-in-waiting said Prime Minister David Cameron's planned...
A group of shareholders in Royal Bank of Scotland has launched a multi-million pound lawsuit against the state-owned bank for misleading investors at the height of the credit crisis in 2008.
LONDON, Oct 4- The activists who have protested in recent months at the tax arrangements of some leading British companies are united with many politicians in wanting to cut corporate tax avoidance.
By Guy Faulconbridge and Matt Falloon. MANCHESTER, England, Oct 2- Britain's opposition leader Ed Miliband cast himself as a humble man of the people on Tuesday in a confident speech, seeking to win over doubters and portray Prime Minister David Cameron as the product of a snobby education who has hurt the economy.
The government appears to be taking the proposals of the Independent Commission on Banking, in the UK seriously and looks as if it may implement the majority of Sir John Vickers proposals, writes the Financial Times’ Martin Wolf.
David Cameron will tell Angela Merkel on Thursday that she needs to act now to bring the eurozone back from the brink of disaster – a message likely to stoke irritation in Berlin and other eurozone capitals, the Finanical Times reports.
Plans to give shareholders more power over boardroom pay will be given centre stage in the Queen’s Speech, as highly paid executives face another week of lambasting from shareholders, the Financial Times reports.
Voters in the United Kingdom punished the coalition government’s two political parties at local elections across the country on Thursday in what will be seen by many as a rejection of the government’s austerity.
While the French presidential elections are drawing the attention of most in Europe, local elections in the UK, though unlikely to change the shape of Britain’s coalition government, could put pressure on its economic policy.
Rupert Murdoch is under pressure over his Sun tabloid after the arrests of several senior staff in a corruption probe, but whistleblowers inside his media empire may pose more of a threat than the public outrage that towards his business empire that he was forced to give up his closed its sister paper.
The United Kingdom will retain its triple-A credit rating this year thanks to the Bank of England’s policy of quantitative easing and demand for UK gilts, City-based analysts told CNBC.
The United Kingdom is likely already back in recession and may see unemployment approach three million before the end of the year, economic think tank the Ernst & Young Item Club forecast on Monday.
Occupy London Stock Exchange demonstrators announced on Friday they had “repossessed” a building belonging to Swiss investment bank UBS in Hackney East London.
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.
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.”