The U.K. government is on course to save 8 billion pounds ($13 billion) in the current financial year as a result of efficiency improvements and better financial controls, Cabinet Office Minister Francis Maude said.
U.K. spending plans unveiled last week increase certainty for companies to invest, Chief Treasury Secretary Danny Alexander said, as his Cabinet colleague Francis Maude signaled further government cuts.
The funeral of Margaret Thatcher in two days time will feature her own choice of favorite hymns and poetry amid the pomp of the service in London’s St. Paul’s Cathedral and a procession with full military honors.
Members of 30 U.K. public-sector unions walked out in a dispute over pensions with Prime Minister David Cameron’s government, closing more than two-thirds of schools though failing to disrupt air travel.
U.K. Prime Minister David Cameron called on the Unite labor union and employers to hold talks on averting a strike by fuel-truck drivers as the government stepped up contingency plans to cope with any gasoline shortage.