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  • Widening Split in Europe on the Virtue of Austerity Thursday, 17 Nov 2011 | 12:06 PM ET
    European Central Bank

    As investors’ fears mount that many euro area nations are about to tip into recession, even countries like creditworthy France are finding it much more expensive to borrow money in the open market, the New York Times reports.

  • Germany Rebukes UK Over Tobin Tax Opposition Wednesday, 16 Nov 2011 | 2:32 AM ET
    London Financial District

    German frustration over Britain’s approach to the euro zone crisis erupted on Tuesday after a close ally of Angela Merkel accused the UK of selfishness just days before a meeting between the two countries’ leaders in Berlin, the FT reports.

  • Occupy protests in London

    The City of London Corporation - the executive body representing the district in the UK’s capital - has re-launched its legal bid to evict protestors who have been encamped around St Paul’s Cathedral since October 15 after saying that negotiations with the protestors had collapsed.

  • Young people struggling to find a job should consider starting their own businesses, Barclays Capital co-CEO, Rich Ricci, told CNBC last week.

  • Welfare Reform Targets Workers’ Hours Monday, 14 Nov 2011 | 3:49 AM ET

    Workers claiming state help with childcare and housing costs will be expected to seek longer hours, or risk sanctions that could include loss of benefits or a requirement to undergo training, in a radical shift in Britain’s welfare system, the Financial Times reports.

  • Bank in Greece

    As the bets that European banks made on United States mortgage investments went bust a few years ago, bankers piled into what they saw as a safe refuge: bonds issued by countries in Europe’s seemingly ironclad monetary union. The NYT reports.

  • office_exec_phone_200.jpg

    Europe’s banking sector is ready for a shake-up as its largest financial institutions try to slim down their operations in response to the sovereign debt crisis. The NY Times repeorts.

  • Murdoch Likened to 'Mafia Boss' as He Repeats Denials Thursday, 10 Nov 2011 | 9:05 AM ET
    James Murdoch, son of Rupert Murdoch and Chairman and Chief Executive of News Corporation, Europe and Asia.

    James Murdoch repeatedly insisted in front of British MPs Thursday that he did not know that phone-hacking at the News of the World went beyond a few rogue reporters.

  • Students' 'Day of Rage' Ends With Dancing in the Street Wednesday, 9 Nov 2011 | 1:05 PM ET
    LONDON, ENGLAND - NOVEMBER 09: Students take part in a demonstration against higher tuition fees and privatisation in universities on November 9, 2011 in London, England. Around 4000 police officers are on duty and are to be allowed to deploy baton rounds if needed. The march is expected to finish at London Wall in the heart of the capital's financial district. (Photo by Dan Kitwood/Getty Images)

    It was supposed to be a “day of rage” as students protested against increases in university tuition fees that are going to triple to as much as 9,000 pounds ($14,360) a year -- and the financial system which they see as responsible for robbing them of their future.

  • Big Ben

    British MPs took the step of interviewing Revenue & Customs’ top lawyer under oath as a row over an alleged “sweetheart” tax deal offered to Goldman Sachs intensified, the FT reports.

  • Pimco: Europe, US Risk High Inflation in Medium Term Tuesday, 8 Nov 2011 | 12:25 AM ET

    European and U.S. inflation will rise in the medium- to long-term, according to Berdibek Ahmedov, manager for European and UK real return products at Pacific Investment Management Company (Pimco).

  • Osborne Looks to Slash Benefits Bill Thursday, 3 Nov 2011 | 1:56 AM ET

    George Osborne is looking at options to cut billions of pounds from next year’s benefits bill by scrapping inflation-linked rises, in a move that could trigger a fierce cabinet clash, according to the FT.

  • 'Eurosceptic' Voices Getting Louder in UK Wednesday, 2 Nov 2011 | 10:43 AM ET
    Big Ben

    As the euro zone lurches from summit to summit, disgruntled Eurosceptics in the UK are becoming more visible.

  • Lloyds Chief to Step Back From Helm Wednesday, 2 Nov 2011 | 2:31 AM ET

    António Horta-Osório, the chief executive of Lloyds Banking Group who joined the part-nationalised lender at the beginning of the year, is poised to step back from his role as chief executive due to health reasons, according to senior executives. The FT reports.

  • Occupy protests in London

    The City of London Corporation joined St Paul’s Cathedral on Tuesday in suspending legal action against a group of protestors camped by the side of the cathedral.

  • An anti-capitalist banner is pictured outside St Paul's Cathedral in London, on October 31, 2011. The head of St Paul's Cathedral resigned on Monday due to criticism he faced over moves to evict protesters inspired by the Occupy Wall Street movement from outside the London landmark.

    The standoff between Occupy London Stock Exchange protestors, the Corporation of London and St Paul's Cathedral took another dramatic turn Monday afternoon as the Dean of St Paul's, the Right Reverend Graeme Knowles, resigned over his handling of the protests.

  • Cameron Warns Colleagues on Talking Down UK Monday, 31 Oct 2011 | 2:46 AM ET
    David Cameron

    David Cameron has urged colleagues to stop talking down the economy as he tries to drown out a growing chorus of doomsayers with a resolutely upbeat assessment of the nation’s prospects, in an article for the FT.

  • West Sees Opportunity in Postwar Libya for Business Saturday, 29 Oct 2011 | 7:42 AM ET
    President Moammar Gadhafi of Libya

    The guns in Libya have barely quieted, and NATO’s military assistance to the rebellion that toppled Col.Muammar el-Qaddafi will not end officially until Monday.But a new invasion force is already plotting its own landing on the shores of Tripoli. The New York Times reports.

  • 'Occupy' Protestors Slam 'Charade' British Democracy Friday, 28 Oct 2011 | 10:49 AM ET
    Occupy protests in London

    Protestors who have been camping outside St Paul's Cathedral in London for two weeks vowed on Friday to fight any attempt to evict them as representatives of the City of London approved a legal bid to remove them.

  • UK GDP Predictions Mask Weakness: Economists Thursday, 27 Oct 2011 | 8:42 AM ET
    Big Ben

    Speculative UK GDP statistics for the third quarter may give a falsely positive picture of the economy, economists told CNBC.