Developing

UK Politics

  • A Scottish Saltire flag and a Union flag of the United Kingdom fly above Standard Life House in Edinburgh, Scotland

    Ratings agency Standard & Poor's said there were "important considerations and uncertainties" that factored into the creditworthiness of banks should Scotland vote to end its 307-year union with England in September. Britain's three main political parties have been campaigning fiercely to keep the union intact, arguing …

  • Scottish independence to rebalance UK economy, benefit Northern England - Salmond Jack Stubbs and Belinda Goldsmith - Reuters - Thu, Apr 24, 2014
    Scotland's First Minister Alex Salmond delivers his speech at the SNP Spring Conference in Aberdeen

    By Jack Stubbs and Belinda Goldsmith CARLISLE (Reuters) - An independent Scotland would rebalance the UK's economy and bring prosperity to northern England, Scottish leader Alex Salmond said on Wednesday in a bid to dispel concerns south of the border about Scotland quitting the United Kingdom. In a speech marking St. …

  • Britain's budget gap narrowest since financial crisis David Milliken and William Schomberg - Reuters - Wed, Apr 23, 2014
    A man passes the Bank of England in the City of London

    By David Milliken and William Schomberg LONDON (Reuters) - Britain's hefty budget deficit has fallen to its lowest since the financial crisis, official data showed on Wednesday, helping the government argue it is delivering on a key economic pledge a year before a national election. The Bank of England, meanwhile, indicated …

  • A generator is seen inside Drax power station in Drax

    British electricity producer Drax said on Wednesday it had commenced legal proceedings against a government decision not to support the conversion of one of its coal units to biomass under a new subsidy scheme. The government's move is a blow to Drax's plans to modernise its polluting coal plant in Yorkshire, northern …

  • UKIP launches European election campaign amid racism row Andrew Osborn - Reuters - Tue, Apr 22, 2014
    A pedestrian passes a United Kingdom Independence Party European elections campaign poster in Vauxhall, central London

    By Andrew Osborn LONDON (Reuters) - UKIP launched its campaign for next month's European elections on Tuesday and fended off accusations that its posters were racist and its anti-immigration rhetoric hypocritical. With polls showing the UK Independence Party will come second in the May 22 election, ahead of Prime Minister …

  • Britain's Prime Minister David Cameron leaves Downing Street in London

    A group of scientists, academics and prominent writers accused Prime Minister David Cameron on Monday of stoking sectarian divisions through his repeated description of Britain as a "Christian country". The public figures, including authors Philip Pullman and Terry Pratchett, said they respected the Conservative leader's …

  • Bankrupt British loans official resigns, embarrassing PM Cameron Andrew Osborn - Reuters - Sun, Apr 20, 2014
    Britain's Prime Minister David Cameron awaits the arrival of Ireland's President Michael D. Higgins at Number 10 Downing Street in London

    By Andrew Osborn LONDON (Reuters) - The head of a British government agency that hands out billions of pounds of loans to local authorities has resigned after failing to reveal he was bankrupt, Prime Minister David Cameron's office said on Sunday. Cameron appointed Tony Caplin, a former senior official in his ruling Conservative …

  • Labour Party hires Obama strategist for 2015 poll Michael Holden - Reuters - Fri, Apr 18, 2014

    By Michael Holden LONDON (Reuters) - Labour Party has hired David Axelrod, the U.S. strategist who helped President Barack Obama win two presidential terms, to help with its campaign for the 2015 election, the party said on Friday. Axelrod plans to replicate tactics he used in the Obama campaigns in 2008 and 2012 to win …

  • Co-op laments worst year after 2.5 billion pound loss Matt Scuffham and Paul Sandle - Reuters - Thu, Apr 17, 2014
    A pedestrian passes a Co-operative retail store in east London

    By Matt Scuffham and Paul Sandle LONDON (Reuters) - Co-operative Group made a loss of 2.5 billion pounds in 2013, capping the worst 12 months in the mutual's 150-year history and ramming home the need for radical reform if it is to survive. "2013 was a disastrous year for The Co-operative Group, the worst in our 150-year …

  • A woman passes a Co-operative Bank in Brighton

    Britain's Co-operative Group will report a loss of more than 2 billion pounds on Thursday, laying bare the full damage done by disastrous acquisitions, a drugs scandal and an exodus of executives that have put its future as a mutual into doubt. But fierce resistance to change from some members of the group's board, which …

  • Coulson tells court he heard hacked messages Michael Holden - Reuters - Wed, Apr 16, 2014
    Former editor of the News of the World Andy Coulson arrives at the Old Bailey courthouse in London

    By Michael Holden LONDON (Reuters) - Andy Coulson, the former media chief to British Prime Minister David Cameron, told a London court on Wednesday he had listened to a recording of hacked voicemail messages left by the then interior minister in 2004. Coulson, who was editing Rupert Murdoch's now defunct News of the World …

  • Starbucks to move European base to London, pay more UK tax Tom Bergin - Reuters - Wed, Apr 16, 2014
    A paper cup is seen in Starbucks' Vigo Street branch in Mayfair, central London

    By Tom Bergin LONDON (Reuters) - Starbucks Corp will move its European headquarters to London from the Netherlands this year and pay more tax in the UK as a result, the company said on Wednesday. The shift by the world's largest coffee chain comes after its low tax contributions in Britain provoked widespread criticism, …

  • UK inflation hits new four-year low, house prices continue rise Ana Nicolaci da Costa and David Milliken - Reuters - Wed, Apr 16, 2014
    A woman passes racks of greetings cards displayed in a shop in London

    Chancellor of the exchequer George Osborne said the data showed his coalition government policies were bringing greater economic security, and his civil servants have said that on some measures, living standards are already rising. But his Labour Party opposite number, Ed Balls, said the CPI data failed to capture rapidly …

  • By Li-mei Hoang LONDON (Reuters) - The value of commercial and public service contracts awarded to outsourcing firms in Europe has hit its highest level of growth in four years, as cash-strapped governments and companies attempt to cut costs, despite a string of high profile contract failures in recent years. A report …

  • Russia has deliberately pushed Ukraine "to the brink" in recent days and increased the risk of violent confrontation there, British Foreign Secretary William Hague will say on Tuesday in a speech in London. Hague's comments, released in advance by his office, come after Russia declared Ukraine to be on the verge of civil …