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  • Rupert & James Murdoch Face Parliament Tuesday, 19 Jul 2011 | 9:35 AM ET
    Rupert & James Murdoch Face Parliament

    "This is the most humble day of my life," says Rupert Murdoch, News Corp chairman/CEO, as he and his son, James Murdoch, News Corp deputy COO face questions from Parliament.

  • 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.

  • UK to Grow Less Than Expected, Consumers Suffer Monday, 18 Jul 2011 | 12:57 AM ET
    Big Ben

    The UK's economy will grow by just 1.4 percent this year, less than expected, according to the influential Ernst & Young ITEM Club report, released on Monday.

  • UK Police, Murdoch Empire Tangled in Hacking Case Saturday, 16 Jul 2011 | 3:10 PM ET
    Rupert Murdoch, Chairman and CEO of News Corporation

    At best, former Scotland Yard senior officers acknowledged in interviews, the police have been lazy, incompetent and too cozy with the people they should have regarded as suspects.  The New York Times reports.

  • Murdoch Managing the Crisis Friday, 15 Jul 2011 | 1:06 PM ET
    Murdoch Managing the Crisis

    CNBC's Kayla Tausche reports News Corp is still in apologizing mode even after News International CEO Rebekah Brooks leaves the company.

  • For Murdoch Loyalist, Another Stint in the Spotlight Friday, 15 Jul 2011 | 10:34 AM ET
    Les Hinton

    With revelations that some within News International’s ranks were not only dirty but criminal, Les Hinton is coming under scrutiny for what he did and did not know when he ran the company from 1995 until 2007, the period when the most egregious known examples of voice mail hacking by News International employees took place,  the New York Times reports.

  • Murdoch Battles to Save UK Papers; Probes Loom Thursday, 14 Jul 2011 | 3:29 AM ET
    Rupert Murdoch

    Rupert Murdoch, fighting to bring under control a crisis that has cost him a $12 billion deal, is unlikely to rush into the sale of the newspaper business at the heart of the hacking uproar in Britain.

  • British Parliament to Vote Against Murdoch Deal Wednesday, 13 Jul 2011 | 4:18 AM ET
    Rupert Murdoch, Chairman and CEO of News Corporation, attends the Allen & Company Sun Valley Conference with his wife Wendi on July 7, 2011 in Sun Valley, Idaho.

    The British parliament will unite on Wednesday to urge Rupert Murdoch to drop plans to further expand his media empire in a move unthinkable before a phone hacking scandal exploded just two weeks ago.

  • Murdoch's British Titles: Who Would Buy? Wednesday, 13 Jul 2011 | 1:41 AM ET

    Speculation has been building about who might want to buy the other newspapers owned by Rupert Murdoch's News Corp in the UK, after the News of the World closure.

  • UK City Releases Plans to Deal With Zombie Attacks Friday, 8 Jul 2011 | 4:44 AM ET
    zombie_200.jpg

    While governments and local councils may be expected to be prepared to deal with terrorist attacks, extreme weather conditions and contagious diseases, a potential zombie attack might not be top of the list.

  • Arrests Expected 'Within Days' Over Hacking: Sources Thursday, 7 Jul 2011 | 8:54 AM ET
    Rupert Murdoch

    The storm clouds brewing over Rupert Murdoch's UK media empire are set to move closer, with the arrest of up to five employees expected within days, sources familiar with the situation told CNBC.com Thursday.

  • London Stock Exchange Open to Nasdaq Approach Monday, 4 Jul 2011 | 12:44 AM ET
    NASDAQ MarketSite Tower, Times Square, New York, NY

    The London Stock Exchange would be open to considering a merger of equals with Nasdaq OMX, the US exchange operator, in the first sign that the British bourse could yet turn its attention to securing its future in another big merger after its attempted tie-up with Canada’s TMX Group collapsed, the FT reports.

  • New York Stock Exchange (NYSE)

    New York soon will no longer be the financial capital of the world thanks to a hostile government that has served up a menu of punitive regulations aimed at driving big banks out of the country, says analyst Dick Bove.

  • Queen to Profit From Income Shake-Up Friday, 1 Jul 2011 | 2:16 AM ET
    Queen Elizabeth II

    A mood of austerity may be stalking Britain, but the champagne is still flowing at Buckingham Palace thanks to a government plan to put the queen on what might be seen as profit-related pay, reported the FT.

  • Gloomy Consumers Hit UK Retailers Hard Thursday, 30 Jun 2011 | 5:45 AM ET
    supermarket_shopper_cart_200.jpg

    The gloom which has descended on the British high street, with shop closures and well-known chains collapsing, is set to continue as consumers cut back, Mike Dennis, senior consumer analyst at MF Global, told CNBC Thursday.

  • UK Unions Step Up as Europe's Left Wanes Thursday, 30 Jun 2011 | 4:18 AM ET
    A protester holds up a smoke bomb during a mass demonstration against government financial cuts in central London, on March 26, 2011.

    Around 750,000 British teachers, civil servants, border agents and other public sector workers went on strike on Thursday after negotiations with the government failed to come to a resolution over proposed pension reforms.

  • Could 'Rip-Off Britain' Really Print More Money? Thursday, 23 Jun 2011 | 2:39 AM ET
    Big Ben

    Minutes from the last meeting of the BoE’s monetary policy committee showed that despite two members wanting to hike rates, others are considering another round of quantitative easing.

  • Trump's Scottish Golf Resort May Be Delayed by Crisis Tuesday, 21 Jun 2011 | 4:13 AM ET
    Donald Trump

    Donald Trump’s controversial plans for a golf course worth 750 million pounds ($1.2 billion) in Scotland may be held up by the financial crisis, according to his latest statements reported by the British media.

  • 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.

  • UK's Osborne to Endorse Bank Ring-Fence Proposals Wednesday, 15 Jun 2011 | 12:25 AM ET
    Chancellor of the Exchequer George Osborne holds Disraeli's original budget box as he leaves 11 Downing Street for Parliament.

    British finance minister George Osborne will use a major speech on Wednesday to throw his weight behind recommendations that banks' retail arms should be ring-fenced from their investment banking operations.