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Four more banks under investigation in LIBOR scandal
Stephen Beard Jul 19, 2012
According to the Financial Times newspaper, four big European banks have joined Barclays in the not-so-prestigious club of financial institutions being investigated for rigging a benchmark lending rate called LIBOR.
British Army brought in to fill Olympic security gap
Stephen Beard Jul 12, 2012
The British government says it will have to deploy an extra 3,500 soldiers to protect the Olympic Games after a private security contractor abruptly said it would fall short.
Tenants angry over Olympic plans for missiles
Jeff Horwich Jul 9, 2012
Residents of some apartment buildings in London are upset that the British military plans to put anti-aircraft weapons on their roofs during the Olympic games.
After LIBOR scandal, London fears losing financial crown
Stephen Beard Jul 6, 2012
While Wall Street had been bogged down by regulations and scandal, London took the crown for leading global financial center. Now, with the Barclays and LIBOR-rigging investigation, the British city could find itself being regulated as well.
British Parliament investigating London's financial center
Stephen Beard Jul 6, 2012
The British Parliament has started investigating the ethics of London's financial center. This follows that big scandal involving the British bank Barclays, which was fined a half billion dollars for rigging a key interest rate called LIBOR.
The Shard, Europe's tallest skyscraper, opens today
Jon Bithrey Jul 5, 2012
Europe's tallest skyscraper is opening today on the south bank of the Thames River. It's called the Shard -- as in a shard of glass -- and it's more than a thousand feet tall. But the real challenge wasn't just building it; they also need to find a way to fill it up.
What's up, Europe? Ex-pats in the U.K.
Sarah Gardner Jul 5, 2012
For Americans abroad, this 4th of July is spent talking about Barclays and David Beckham -- all while knocking back a few at the pub.
The curse of the skyscraper strikes again
Sarah Gardner Jul 5, 2012
Tomorrow, The Shard will officially open in London. It's the tallest building in Europe at over a thousand feet high. Meanwhile, Britain's economy isn't looking so good.
Barclays CEO Bob Diamond steps down
Stephen Beard Jul 3, 2012
The CEO of Barclays bank is out. Bob Diamond is leaving amid a scandal over banks colluding to fix the price of one of the most important interest rates in the world.
How Europeans view the U.S. health care debate
Jeff Horwich Jun 28, 2012
The problems that got us today's health care Supreme Court decision -- rising health care costs, the pull between personal liberty and the social safety net -- are familiar around the world, even if the solutions have been very different.
