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  • 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.

  • Banks Not Lending? You Can Always Pawn Your Picasso Monday, 1 Aug 2011 | 6:11 AM ET
    A man stands beside Pablo Picasso's "Nude, Green Leaves and Bust", 1932, on display April 29, 2010 at Christie's in New York.

    As UK banks fall behind on lending to small businesses and individuals, more consumers and enterprises are looking for alternative sources of capital. One such source, Borro, hopes to reinvent the ancient business of pawnbroking.

  • UK Recovery Slower Than Expected: CBI Monday, 1 Aug 2011 | 2:18 AM ET
    UK_construction_200.jpg

    The UK economy will grow slower in 2011 than previously anticipated – 1.3 percent, compared to forecasts of 1.7 percent – and its 2012 growth will be a "modest" 2.2 percent, according to the Confederation of British Industry (CBI), an influential business organization.

  • UK Housing Worse Than Forecast: Materials Firm Friday, 29 Jul 2011 | 3:51 AM ET

    The UK housing market is performing worse than expected this year, the chief executive of building materials company Travis Perkins told CNBC Friday.

  • 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.

  • Not All Londoners Happy Ahead of 2012 Olympics Wednesday, 27 Jul 2011 | 8:11 AM ET
    olympic_flag_200.jpg

    London has been waiting for the Olympics since they were awarded to the UK's capital by the International Olympics Committee in 2005.

  • Dollar Drops, Kiwis Fall Tuesday, 26 Jul 2011 | 8:43 AM ET

    Worries about the debt ceiling derail the dollar, and kiwis fall after trade data disappoints  - it's time for your daily FX Fix.

  • 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.

  • Tower Bridge and City of London financial district

    The claim by the UK Office for National Statistics that the country's second quarter GDP growth could have been as high as 0.7 percent, were it not for 'special factors' like the royal wedding and the Japanese tsunami, has been described as "bizarre" by economist Ruth Lea.

  • This Is the Year of Consolidation for BP: CEO Tuesday, 26 Jul 2011 | 5:33 AM ET
    Bob Dudley, the Executive Director of BP, arrives at their headquarters in St James's Square on July 26, 2010 in London, England.

    This year is one in which BP consolidates and gets its strength back, chief executive Bob Dudley told CNBC after disappointing results that sent its share price lower on Tuesday.

  • Europe’s Troubled Economies Join the Rescue Team Monday, 25 Jul 2011 | 10:29 AM ET
    Protestors escape tear gas fired by policemen in Athens.

    Can a bailout fund whose backers include some of the countries it may be called upon to bail out really succeed? The NYT reports.

  • 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.

  • Europe Approves Bailout Plan For Greece, Other Nations Thursday, 21 Jul 2011 | 4:03 PM ET
    Greece

    European leaders on Thursday clinched a new rescue plan for Greece that could push the country into default on some debt but would also give Europe’s bailout fund new powers to aid struggling economies, the NY TImes reports

  • 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.

  • Osborne Tells Euro Zone Leaders 'Get a Grip' Thursday, 21 Jul 2011 | 1:23 AM ET
    Big Ben & London Eye

    George Osborne has urged euro zone leaders to “get a grip” on the sovereign debt crisis at their summit today, warning that failure to do so could unleash an economic crisis as serious as the recession that followed the banking crash of 2008.

  • Why the Euro Will Not Disintegrate Thursday, 21 Jul 2011 | 12:56 AM ET
    EU building flags brussels

    Market analysts forecasting the demise of the euro and the break-up of the European Union are doing so on fundamentally flawed assumptions about European integration, economists and policy experts told CNBC.com.

  • 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.

  • BoE Minutes Say Chance of Rate Rise Diminished Wednesday, 20 Jul 2011 | 5:11 AM ET
    BOE_buses_200.jpg

    The Bank of England's Monetary Policy Committee judged that recent economic weakness had reduced the chance that interest rates would need to rise in the near term, minutes to the BoE's July meeting showed on Wednesday.

  • UK's Online Microlenders Take on the High Street Wednesday, 20 Jul 2011 | 4:45 AM ET
    british_pounds_200.jpg

    UK consumers are increasingly turning to short-term credit services from online providers. The entrepreneurs behind these businesses say that they represent the evolution of a lending market that has stopped listening to its customers.