The war in Syria is an “unmitigated disaster” and the best way forward may be an interim peace deal that allows Bashar al-Assad to stay in power for a short period, former U.K. Prime Minister Tony Blair said.
A five-year squeeze on living standards is coming to an end, providing a boost for Prime Minister David Cameron as he battles opposition claims that ordinary Britons are facing a “cost of living crisis.”
Britain’s unemployment rate dropped to a five-year low in February, underscoring the strength of the economic recovery and raising the prospect of a debate among Bank of England officials about whether to raise interest rates.
Liberal Democrat leader Nick Clegg attacked the Labour opposition’s “paucity of credibility on the economy” before the release of new U.K. data which may show a five-year squeeze on living standards coming to an end.
The U.K. Independence Party, which wants Britain to leave the European Union, hit a polling high as analysis suggested David Cameron’s Conservative Party is headed for third place in European Parliament elections in May.
From a corner conference room overlooking the Thames, Michael Sherwood, a vice chairman of Goldman Sachs Group Inc., has the guts to voice publicly what many in London’s centuries-old financial district are increasingly worried about behind closed doors: that threats to Britain’s membership in the European Union are threats to British business.
The chaos that followed flooding on Christmas Eve at London Gatwick shows airports across the U.K. must improve their contingency planning and ensure they put passengers’ interests first, lawmakers said.
U.K. Prime Minister David Cameron promoted a Treasury minister, Sajid Javid, to the cabinet after Culture Secretary Maria Miller resigned over an expenses probe. It leaves Cameron with just three female cabinet members.