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Another market manipulation scandal? Traders said to rig currency exchange rates

Jun 12, 2013
First there was the rigging of the interest rate known as LIBOR. Now there may be collusion on currency exchange rates.
Posted In: currency, LIBOR, United Kingdom

Austerity on agenda as G7 meets near London

May 10, 2013
As the G7 gathers near London, austerity is on everyone's mind.
Posted In: G7, Europe debt crisis, Eurozone, Germany, United Kingdom

Setting up a bank in Britain gets easier

Apr 29, 2013
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.
Posted In: bank, metro bank, United Kingdom, Britain

Margaret Thatcher's legacy: Three things that changed for the U.K.

Apr 8, 2013
There’s no question Margaret Thatcher wanted to remake the U.K. economy during her tenure, but did she succeed?
Posted In: Margaret Thatcher, U.K., United Kingdom

A fake film reminiscent of Argo, but with less noble intentions

Mar 22, 2013
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.
Posted In: film industry, movies, United Kingdom

Krugman warns U.S.: Don't end up like U.K.

Mar 20, 2013
Britain's budget, released today, contains more deep spending cuts. Nobel-winning economist Paul Krugman argues that austerity policies in the UK and Europe are killing growth.
Posted In: Economy, austerity, United Kingdom

Migrating to Britain? Please don't

Feb 26, 2013
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.
Posted In: Immigration, United Kingdom, U.K., romania, bulgaria

UK banks face break up if they don't shape up

Feb 4, 2013
Britain’s finance chief has delivered an ultimatum to the U.K.’s banks: Obey our new rules or we’ll break you up. Some analysts say the U.S. should follow the British example.
Posted In: United Kingdom, bank reform, Glass-Steagall

U.K. prime minister prepares big speech on Europe

Jan 22, 2013
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?
Posted In: United Kingdom, U.K., david cameron, European Union

David Cameron speech to address Britain's EU membership

Jan 22, 2013
World leaders will be all ears tomorrow when British Prime Minister David Cameron makes a high-stakes speech on the European Union. He is expected to talk about potential new terms for Britain's EU membership, which could have impacts around the globe.
Posted In: United Kingdom, david cameron

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