Bank of England Governor Mervyn King will face questions on bonuses and tax policy from a “stony” audience at the Trades Union Congress today, according to the leader of Britain’s fifth-biggest labor union.
A two-day strike by London Underground employees over job cuts and ticket-office closures caused travel chaos in the capital as stations remained shuttered and roads struggled to cope with extra demand.
Prime Minister David Cameron’s government argued that alternatives to its High Speed 2 rail plan would mean 14 years of closing train routes on weekends, as the opposition Labour Party suggested it could withdraw support for the plan.
Sienna Miller’s phone-hacking claims against Rupert Murdoch’s News of the World tabloid threaten to tarnish News Corp. ’s reputation just as it seeks government approval for the purchase of British Sky Broadcasting Group Plc .
Prime Minister David Cameron’s High Speed 2 rail plan for the U.K. drew further unease over costs from the opposition Labour Party, as a minister pledged the bill for the infrastructure project won’t increase.
David Cameron ’s government has switched its focus in talks with U.K. banks to boosting business lending from cutting pay, officials familiar with the situation said, marking a retreat from public statements last year.