Despite the recent global banking crisis, UK regulators have decided to cut down application approval times for new banks and lower the capital requirements. An American starting a bank there says this will stimulate competition.

The Oscar-winning film Argo is about a fake movie set up to rescue captured hostages. A fake movie in Britain was basically a tax fraud.

Now that Romanians and Bulgarians will soon enjoy full European Union status and be able to move freely through EU countries, Britain fears a flood of unwelcome immigrants.

U.K. Prime Minster David Cameron will give a major speech tomorrow that sets the tone for his country's future relations with the European Union. Many in the U.K. want more decisions made in London and fewer in Brussels. Is the U.K. on the way out of the EU?