iOS app Android app

George Osborne

RBS To Axe Tens Of Thousands Of Jobs

Reuters | Posted 02.21.2014 | Business

* Job cuts include planned Citizens sale, UK branch sales * Investment bank may be folded into corporate arm * Governmen...

Prosperity Knocks

Sir Peter Westmacott | Posted 02.10.2014 | Business
Sir Peter Westmacott

Growth is not as strong as we want it to be. Investment and exports are too low. To take on these issues, we need to keep bearing down on the deficit and making life easier for businesses -- both those already in the UK and international firms that want to invest.

UK Treasury Chief Laughs Off Obama Calling Him Jeffrey

AP | Posted 06.20.2013 | World

LONDON -- Politics can be hard on the ego, as British Treasury chief George Osborne learned when President Barack Obama apparently forgot his name at ...

How Do You Make Pensions Sexy?

Jonny Mulligan | Posted 01.27.2013 | Business
Jonny Mulligan

There is little sex appeal in thinking of getting older, death and the finality of the whole form of existence. But pensions are important and like car insurance they are a necessary evil.

Bad News For European Bankers

Reuters | John O'Donnell | Posted 11.11.2012 | Business

BRUSSELS (Reuters) - European Union countries will consider a proposal this week for an absolute cap on the total bonus paid to bankers, EU officials ...

'Deep-Rooted Economic Problems' Sinking England Into Recession

Reuters | Posted 09.24.2012 | Business

* UK GDP falls 0.7 pct in Q2, biggest drop since Q1 2009 * Osborne warns of "deep-rooted economic problems" * Opposition...

British Official: Banks Ran 'Ponzi Schemes' In Lead Up To 2008 Crisis

Posted 07.12.2012 | Business

Ponzi schemes are partly to blame for England's 2008 financial crisis, according to one British official. “The banks and those regulating them b...

Top UK Politicians Facing Leveson Inquiry

AP | DAVID STRINGER | Posted 08.08.2012 | Media

LONDON (AP) — British media ethics inquiry said Friday that Prime Minister David Cameron will give evidence next week, amid questions over his ties ...

'How Can They Stand Behind The Euro?'

Reuters | Posted 07.20.2012 | Business

LONDON, May 20 (Reuters) - The euro zone can protect its currency if its stronger countries provide more support for the weaker to h...

And the Winner is...

Mikki Taylor | Posted 05.12.2012 | Black Voices
Mikki Taylor

Watching the legendary Sidney Poitier and Harry Belafonte stroll across the stage at the 43rd NAACP Image Awards swept me away. Their timeless elegance made me realize that the old adage "trends come and go, but style remains" is ever more true today.

The Innovation Generation

Sir Peter Westmacott | Posted 04.28.2012 | Technology
Sir Peter Westmacott

Just when governments are - admirably - looking to invest in high-speed broadband so that no-one is left behind by the digital revolution, here are these twenty-something CEOs saying it might be better to skip fibre optics altogether and go straight to mobile.

A Very Middle Class Revolution - Why We Need The IPhone Activists Of The Occupy Wall Street Movement

Alexander Walters | Posted 01.20.2012 | UK Politics
Alexander Walters

It's easy now for Theresa May to mock the skinny-jeaned hipsters buying their Starbucks lattes when they're not loitering outside St Paul's, but it may not be so for much longer. Whilst the Occupy movement and it's offshoots might seem at times a little try-hard, with its smartphone-clutching legions marshalled forth by Twitter and Facebook, anybody who wants change needs them to keep shouting.

SNP Take Osborne To Task Over Independence Comments

PA | Posted 01.15.2012 | Home

...

Can the UK go it Alone on Banking Reform? I just Don’t Think so

Iain Anderson | Posted 01.14.2012 | UK Politics
Iain Anderson

This is perhaps the most momentous day for British financial services since the de-regulation of "big bang" in the late 1980s.

Writers Share Their Summer Reading Lists

Telegraph | 12:53PM BST 20 Jun 2011 | Posted 08.20.2011 | Books

Writers, critics and politicians, from Téa Obreht to George Osborne, share what they're reading this summer....

British Government Will Separate Banks Into High-Risk, Low-Risk Sections

AP | ROBERT BARR | Posted 08.15.2011 | Business

LONDON — The British government intends to force banks to separate their retail operations from their more volatile investment banking, and it i...

Sunday Roundup

Arianna Huffington | Posted 05.26.2011 | World
Arianna Huffington

I was in London this week, where the news was filled with images of Finance Minister George Osborne pausing outside 11 Downing Street with a replica of the red "budget box" that has been used to carry budget papers for the last 150 years. Inside the box: a new budget calling for the slashing of government programs and an embrace of massive debt reduction -- even while the British economy continues to sputter. The next morning, in an editorial meeting at the Guardian, I listened as story angles were discussed: economic growth is slower than expected; unemployment remains higher than expected; the deficit will be higher than expected. I had a real feeling of déjà vu from across the Atlantic, and I thought I might send over some of America's headlines from last year and save them the time and aggravation of coming up with new ones. Isn't it time for governments to expect their expectations to be wrong?

England's Slowing Economy Could Lead To Downgrade

Posted 05.25.2011 | Business

(Reuters) - Britain's triple-A sovereign debt rating could be at risk if slower economic growth makes it harder for the government to rein in its ...

Ireland Bailout May Be Near As U.K. 'Stands Ready' To Offer Aid

AP | GABRIELE STEINHAUSER | Posted 05.25.2011 | Business

BRUSSELS — European officials geared up to travel to Ireland and lift the lid on just how bad the country's banking woes are, as EU finance mini...

A Lesson From Britain's Austerity Plan: Poor Could Be Hurt Most

AP | DAVID STRINGER | Posted 05.25.2011 | Business

LONDON — Britain's poor and powerful clashed Thursday over who will lose out most under austerity measures that will slash benefits, jobs and go...

Protest Works. Just Look at the Evidence -- And Start to Fight Back

Johann Hari | Posted 05.25.2011 | Politics
Johann Hari

If enough of us demand it, in Britain and the US, we can make the rich pay their share for the running of our country, rather than the poor and the middle.

The Tea Party's Wildest Dreams Come True -- in Britain. The Result? Disaster

Johann Hari | Posted 05.25.2011 | World
Johann Hari

The government of David Cameron just took the Tea Party's deepest fantasies -- of massive budget cuts, introduced immediately -- and imposed them on Britain.

UK Public Suggests Ditching The Queen To Save Money

The Huffington Post | Curtis M. Wong | Posted 05.25.2011 | World

As Great Britain struggles with how to make its toughest spending cuts in decades, Treasury chief George Osborne is turning to the British public for ...

Bank Tax Relieves Taxpayers In Germany, France, UK

AP | MELISSA EDDY | Posted 05.25.2011 | Business

BERLIN — Britain, France and Germany on Tuesday committed to levying a fee on banks to shield taxpayers from the cost of resolving financial cri...

Heaven knows we're miserable now

Christina Patterson | Posted 11.17.2011 | Healthy Living
Christina Patterson

On Friday, at the Hammersmith Apollo, my friend and I cried. Through "Whiskey River", and "Blue Eyes Crying in the Rain", we'd held it together, as th...