Cameron Says EU Renegotiation Will Take ‘Tenacity and Patience’

Prime Minister David Cameron stressed the need for “tenacity and patience” after he began the formal process of renegotiating British membership of the European Union.

UK employers call for government action to boost earnings

(Reuters) - Britain should allow workers to earn more before they start to pay "National Insurance" social security contributions and provide more childcare to boost living standards, one of country's leading employers' groups said on Monday.

U.K. Consumer Confidence Weakens as Euro Area Hampers Economy

U.K. consumer confidence weakened this month as Britons’ outlook for the economy deteriorated, according to GfK NOP Ltd. The research group’s household-sentiment index fell to minus 2 from minus 1 in September.

U.K. Would Prioritize Pound in Crises, ECB Tells Court

The Bank of England and other U.K. supervisors may prioritize sterling over the stability of the euro area during a crisis, a lawyer for the European Central Bank told a court today to justify its policy on clearinghouses.

Britain and Cameron in EU danger zone, say experts

London (AFP) - David Cameron's failure to prevent Jean-Claude Juncker from becoming the new European Commission president risks pushing Britain out of the EU unless he builds bridges to secure reforms before a 2017 referendum, experts say.

David Cameron opens business festival for 'nation of geniuses'

Britain is a "nation of geniuses" that can be turned into the "most creative country on Earth", David Cameron will say on Monday as he opens the International Festival for Business in Liverpool.

Business boost in Queen's Speech

The government has announced a series of measures in the Queen's Speech that it said were "unashamedly pro-work and pro-business".

UK unemployment rate falls to five-year low

The number of people out of work in the UK fell by 133,000 to a fresh five-year low of 2.2 million in the three months to March, official figures show.

Conservatives should scrap inheritance tax outright, thinktank suggests

The Conservative party would be better off scrapping inheritance tax altogether rather than increasing the threshold to £1m, the Institute for Fiscal Studies has suggested.

Rise of British anti-EU party threatens PM's re-election: poll

(Reuters) - British Prime Minister David Cameron's hopes of being re-elected in 2015 suffered a setback on Sunday when a poll showed an anti-European Union party had split the center-right vote in dozens of decisive constituencies.

Australia tells Britain not to forsake the European Union

(Reuters) - Australia has told Britain it hopes it will remain part of the European Union, becoming the latest country to intervene in an emotive domestic debate that may culminate in a referendum to decide if Britain leaves the 28-nation bloc.

G8 countries agree to tackle tax evasion

The west's leading industrial countries have agreed a set of core principles designed to combat tax evasion and reveal the true owners of shadowy companies.

Cameron put on spot by watchdog over austerity remarks

LONDON (Reuters) - Prime Minister David Cameron was reprimanded by a budget watchdog on Friday for claiming that it did not see his austerity agenda as a drag on Britain's economy.

David Cameron hints at time frame for RBS sell-off

David Cameron has pressed Royal Bank of Scotland executives to "accelerate" preparations towards allowing a sell-off of the state-owned bank, possibly before the next general election in 2015.

EU leaders agree budget cut deal in Brussels

EU leaders have reached an agreement on the budget for 2014-20 after marathon talks in Brussels.

Rival EU camps turn up pressure on UK's Cameron

(Reuters) - European Union supporters and opponents turned up the pressure on British Prime Minister David Cameron on Sunday as a poll showed most Britons wanted a referendum on Britain's membership of the EU although the number supporting withdrawal had fallen.

Public Anger Over Europe’s Budget, and Wine Cellar, Bubbles Before Talks

BRUSSELS — Amid wrangling over how much money the European Union spends at a time of grinding austerity across the Continent, Martin Ehrenhauser, an Austrian member of the European Parliament, lobbed a sobering question this summer at the union’s Brussels bureaucracy: How many bottles of booze does it have stocked in its wine cellars?

UK pushing for curbs on ECB in banking union

(Reuters) - Britain and other European countries have deep concerns about a banking union in the euro zone, although there are signs of a compromise to limit the powers of the European Central Bank (ECB) in countries outside the euro, a UK minister told Reuters.

U.K. Sticks to Budget Cuts as Coalition Eyes Speedier Investment

U.K. Prime Minister David Cameron said his government will continue with its deficit-cutting plans amid calls from opposition lawmakers for a rethink as the economy struggles to recover from a double-dip recession.

David Cameron defends economic policies

Prime Minister David Cameron has defended the UK's economic policies, saying the government has acted "decisively" to restore confidence in its public finances.