Bank of England Governor Mervyn King will return to the scene of some of his most acidic public encounters today for the annual occasion that helped define his relationship with Britain’s banking industry.
Britain should investigate the manipulation of currency rates, European Union officials said after Bloomberg News revealed that traders have been rigging foreign-exchange benchmarks for more than a decade.
More than 2,000 mourners filled St. Paul’s Cathedral and church bells tolled as crowds and troops lined London’s streets for the final journey of Margaret Thatcher, with Britons still divided over the legacy of their only female prime minister.
Gordon Brown said he is willing to resign as British prime minister and leader of the Labour Party, clearing the way for talks with the Liberal Democrats on forming a government. Here are some of the key events of Labour’s time in office.
Prime Minister Gordon Brown called himself a “penitent sinner” after being caught on a microphone calling a voter he’d just met “a bigoted woman,” a potential setback as his Labour Party struggles to win support for the May 6 election.