Many British citizens are used to being watched via camera by the government, but now a new plan to monitor all phone calls, emails and web traffic to keep up with hackers and other criminals is causing privacy advocates to stir.

Britain faces the same dilemma as the U.S. when it comes to bailed-out companies: When to sell off the billions of dollars worth of assets it bought from those companies at the height of the crisis.

The cliche that cops like to eat doughnuts might be true in the U.K., where police officers could soon feet their unhealthy ways reflected in their paycheck.

Several of Europe's biggest banks are reporting billion dollar losses today and yet, banks are handing out billions in bonuses and getting a lot of flack for it.