×

Europe News London

  • London House Prices Raised by Asian Buyers

    Grainne Gilmore, head of UK residential research at Knight Frank, attributes the five percent rise in London house prices in 2012 to overseas Asian buyers.

  • Helicopter Crashes into London Crane

    A helicopter has crashed into a crane in London, not far from the site of the new US embassy. CNBC's Tom Mackenzie reports live from the scene. (1:50)

  • European Union Confronts the Risk of a 'Brixit'

    Ken Clarke has stepped up the pro-European rhetoric as the battle over Britain's future in the EU intensifies, warning that a referendum on the issue is a "gamble" and that David Cameron may be about to open the door accidentally to a British exit, the Financial Times reports.

  • Goldman Sachs backed down on Tuesday on its plan to delay paying U.K. bonuses in order to benefit from an imminent cut in the top personal tax rate.

  • European Union (EU) flags fly outside the the European Commission headquarters in Brussels.

    There will be no chance of a financial transactions tax, a short-selling ban, or any other business-unfriendly measure being implemented here if the U.K. is not in the EU. That is a strong reason to suspect that the City would thrive outside of the EU, Professor Moorad Choudhry writes.

  •  High Demand for Battersea Power Station Homes

    Rob Tincknell, CEO of Battersea Power Station Development Company, tells CNBC why there is such high demand for the development of Battersea Power Station.

  • Antony Jenkins, chief executive officer of Barclays PLC.

    Barclays and Deutsche Bank will take a knife to bonuses for investment bankers as they seek to tackle high costs, people familiar with the matter said.

  • The number of financial services staff sacked or suspended in Britain last year for reasons such as wrongdoing reached the highest level in five years, law firm Pinsent Masons said on Monday.

  • Earth Net

    Niklas Zennstrom, co-founder of Skype, believes the next hot tech business can come from anywhere around the globe.

  • london-bridge-200.jpg

    British industrial output grew less than expected in November, despite a strong rebound in oil and gas production, adding to evidence that the economy may have contracted in the last three months of 2012.

  • Honda-flag_200.jpg

    Car manufacturer Honda said on Friday it planned to cut around 800 jobs at its south Marston plant near Swindon in Britain by the second quarter of 2013.

  • Investors sifting through analysts' new year predictions for stock market movements may want to press "delete" and look instead for sound companies, as history shows equity index forecasts are usually wrong.

  • bank-of-england-200.jpg

    The Bank of England kept its powder dry on Thursday, voting as expected not to buy more government bonds.

  • EU-and-US-flag.jpg

    The Obama administration on Wednesday publicly signaled its growing concern about a possible British exit from the EU, just days before David Cameron sets out plans for a referendum on the issue.

  • Lloyds Eyes Shake-Up of Banker Bonuses

    Investment banking has been the focus of much of the recent news in the financial universe, with politicians urging banks to refocus on their traditional retail operations.

  • Verizon

    Shares in Vodafone rose almost 3 percent on Tuesday after its partner in U.S. joint venture Verizon Wireless said it would be "feasible" to buy out the British group in what would be one of the biggest corporate deals ever.

  • MegaFon Gets Low Valuation in $1.7 Billion IPO

    Megafon’s $1.7 billion share offering raised eyebrows last year when Goldman Sachs pulled out as lead bookrunner close to launch – but the investment bank has now issued a “buy” rating on the stock.

  • Global regulators gave banks four more years and greater flexibility on Sunday to build up cash buffers so they can use some of their reserves to help struggling economies grow.

  • Euro Zone Factory Output Falls by Most in Nearly 4 Years

    The slowdown in euro zone factory activity deepened in December as new orders tumbled, a business survey showed on Wednesday, suggesting the economy may have slipped further into recession in the last quarter of 2012.

  • Shoppers in euro zone nations battered by years of recession and crisis are on the hunt for bargains, delaying their purchases until the last minute, or simply not buying at all as post-Christmas sales get underway.