Developing

UK Politics

  • Eurostar trains stand  at St Pancras International Station in London

    Britain agreed to sell its 40 percent stake in the Eurostar rail link for 585 million pounds to a consortium of Canadian public pension fund Caisse de Depot du Placement du Quebec and British asset manager Hermes. The government announced the deal for its stake in the high-speed rail link between Britain and continental …

  • UKIP pledges to end 'mass immigration' as election nears By Andrew Osborn and Kylie MacLellan - Reuters - 17 hours ago
    The leader of the United Kingdom Independent Party (UKIP), Nigel Farage announces the party's policy on immigration, at a venue in central London

    By Andrew Osborn and Kylie MacLellan LONDON (Reuters) - Britain's anti-EU UK Independence Party promised on Wednesday to stop "mass immigration" if it has any influence in the next government, saying it thought less than 50,000 net immigrants a year was about the right figure. Eyeing a possible breakthrough at a national …

  • Carillion looks to defence and health sectors to boost growth By Li-mei Hoang - Reuters - 17 hours ago

    By Li-mei Hoang LONDON (Reuters) - British support services company Carillion will target the public sector to drive growth in its business in the coming year after reporting full-year underlying profit in line with expectations on Wednesday. "I think markets are steadily improving, (but) it's still challenging," Chief …

  • A man passes a gallery in London

    By David Milliken LONDON (Reuters) - British living standards remain below those before the last national election in 2010, a leading think tank said on Wednesday, putting Prime Minister David Cameron's economic record back in the spotlight ahead of May 7's election. Living standards for people in the middle of the income …

  • Norwegian Nobel Committee Chairman Thorbjoern Jagland smiles as he announces the European Union as the recipient of the 2012 Nobel Peace Prize in Oslo

    The committee that awards the Nobel Peace Prize demoted its chairman on Tuesday, for the first time in the 114-year history of the award after his right-wing opponents won a majority on the prestigious panel. Thorbjoern Jagland, a former Norwegian prime minister of the Labour Party who has chaired the five-member panel …

  • British living standards are back to pre-financial crisis levels but are still slightly below their peak before the country's last national election in May 2010, a leading think tank said on Wednesday. With a new election barely two months away, on May 7, the opposition Labour Party is blaming the ruling Conservative-led …

  • Eurostar trains stand  at St Pancras International Station in London

    Britain is close to agreeing the sale of its 40 percent stake in the Eurostar rail link to a consortium of Canadian pension fund Caisse de Depot du Placement du Quebec and British asset manager Hermes, Sky News reported on Tuesday. Chancellor George Osborne announced plans to sell the stake in Eurostar, a high-speed rail …

  • Rifkind to step down from Unilever board Reuters - Tue, Mar 3, 2015
    Malcolm Rifkind leaves the Intelligence and Security Committee in central London

    Malcolm Rifkind, the British politician embroiled in a cash-for-access scandal, will not stand for re-election to the board of Unilever, the company said on Tuesday. Rifkind was one of British Prime Minister David Cameron's most senior lawmakers. "We respect Sir Malcolm’s decision to step down as a member of the board …

  • Cameron says child sex abuse to be classified 'national threat' By William James - Reuters - Tue, Mar 3, 2015
    Britain's Prime Minister David Cameron speaks at the Welsh Conservative Party Conference in Cardiff

    By William James LONDON (Reuters) - British Prime Minister David Cameron said tackling child sexual abuse was a national priority on a par with organised crime on Tuesday, announcing measures to prevent systematic abuse. Britain has been rocked by a series of child sex abuse revelations, including a case in Rotherham, …

  • British parliament may be forced from Westminster home - Speaker By William James - Reuters - Tue, Mar 3, 2015
    Britain's John Bercow, Speaker of the House of Commons, speaks to Eero Heinaluoma, Speaker of the Parliament of Finland, during a meeting in the Finnish parliament in Helsinki

    By William James LONDON (Reuters) - British lawmakers might have to abandon the Houses of Parliament in London's Westminster unless a large amount of money is spent on the building within the next 10 years, according to the Speaker of the House of Commons, John Bercow. It incorporates the clock tower known as "Big Ben" …

  • Housebuilder Taylor Wimpey shows confidence with dividend hike By Paul Sandle - Reuters - Tue, Mar 3, 2015

    By Paul Sandle LONDON (Reuters) - British housebuilder Taylor Wimpey said it had seen a strong start to the spring selling season as it posted a 68 percent rise in 2014 profit and more than doubled its final dividend. "The beginning of spring selling season has seen trading at the better end of expectations," Chief Executive …

  • Workers are silhouetted on a construction site in London

    Growth in Britain's construction industry jumped unexpectedly to a four-month high last month, adding to evidence Britain's economy started 2015 strongly, although building firms hired staff at the slowest pace in more than a year. Taken together, the PMI surveys will cheer finance minister George Osborne, who hopes strong …

  • Britain's Home Secretary May speaks during a Board of Deputies of British Jews event in London

    Britain's governing Conservatives plan to renew a failed pledge to reduce net migration below 100,000 a year if they are re-elected in May, a senior minister said, despite current levels running at around triple that. Immigration is one of voters' top concerns ahead of what is expected to be a close-fought election and …

  • Cameron seeks young vote with pledge of more cheap starter homes By Kylie MacLellan - Reuters - Mon, Mar 2, 2015
    Britain's Prime Minister David Cameron gestures as he delivers a speech in Hastings

    By Kylie MacLellan LONDON (Reuters) - Britain's Conservatives would double the planned number of cut-price new homes available to first-time buyers if re-elected, Prime Minister David Cameron said on Monday in a bid to woo voters ahead of a close national vote in May. Home ownership in Britain is at its lowest rate for …

  • UK government coalition partner seeks extra billion pounds in bank tax By Kylie MacLellan - Reuters - Mon, Mar 2, 2015
    Britain's Chief Secretary to the Treasury, Danny Alexander, speaks during a news conference in London

    By Kylie MacLellan LONDON (Reuters) - British banks would be charged an extra 1 billion pounds a year in corporate tax to help eliminate the budget deficit under plans announced on Monday by the government's junior coalition partner. The Liberal Democrats said they would push for the measure to be included in the Conservative-led …