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Prime Minister David Cameron dropped measures unpopular with his Tory lawmakers, including a minimum alcohol price and plain cigarette packaging, to focus on immigration and pensions in a bid to win back voters.
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Chancellor of the Exchequer George Osborne won a round in his defense of austerity yesterday as Britain escaped a triple-dip recession.
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Britain’s economy avoided a triple- dip recession in the first quarter with expansion that exceeded economists’ forecasts and will provide relief to a government criticized for failing to foster a recovery.
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Senior ministers in Prime Minister David Cameron’s government voiced caution after official data showed Britain avoided a triple-dip recession with stronger- than-expected growth in the first quarter.
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U.K. Chancellor of the Exchequer George Osborne said he cried during Margaret Thatcher’s funeral last week after being overcome by a combination of the Bishop of London’s sermon and the choral music.
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Security for this weekend’s London Marathon is being reviewed by organizers and police after bombings near the finish of yesterday’s Boston Marathon killed three people and injured scores.
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Chancellor of the Exchequer George Osborne promised another austere budget and policies designed to mute calls for a fiscal stimulus for the U.K. economy.
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Chancellor of the Exchequer George Osborne promised another austere budget as calls to stimulate the U.K. economy became more muted, easing political pressure on the government.
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U.K. Prime Minister David Cameron defended Chancellor of the Exchequer George Osborne for questioning whether the welfare system should support people like a man convicted this week for killing six of his children.
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U.K. Chancellor of the Exchequer George Osborne won’t bow to opposition calls to change economic plans after the decision by Moody’s Investors Service to strip the U.K. of its Aaa status.
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